Finance and Economy

A high-level committee (HLC), under the chairmanship of union home minister and minister of cooperation, Amit Shah, has approved Rs. 707.97 crore of additional central assistance to the states of Assam and Gujarat that were affected by flood and landslides in 2024.

The data put out by PIB confirms that farmer empowerment, aimed at building a resilient and self-reliant agricultural sector, has become a core element of India's strategy for inclusive growth.

Finalized in mid-2025 after extensive talks between Pakistan’s SIFC and US agencies, the deal supports Washington’s strategy to diversify critical mineral supply chains and reduce reliance on China.

According to the investment bank, India is on course to achieve average annual GDP growth of 6 to 6.5 per cent over the next decade – one of the fastest rates globally. However, this pace may not be enough to meet the employment aspirations of the country’s rapidly expanding working-age population, which will swell by nearly 100 million over the next ten years.

The report’s broader poverty measure underscores how deeply structural pressures are squeezing households. The poverty rate – nearly 28 per cent – has jumped significantly in just three years.

Large projects like the Mes Aynak copper deposit, the vast iron ore reserve at Hajigak, the Balkhab copper prospects, and rich gemstone deposits in Badakhshan have long drawn interest from potential foreign partners.

The United States has issued eight key recommendations to bolster financial transparency in Bangladesh, following critical findings in its 2025 Fiscal Transparency Report released by the US State Department.

The rollover, agreed after high-level talks in Malé, reflects India’s continued financial support to its maritime neighbour and long-standing development partner.