The Ministry of Heavy Industries (MHI) amended the PM E-DRIVE Scheme (Prime Minister's Electric Drive Revolution in Innovative Vehicle Enhancement), reducing the incentive for electric two-wheelers (e-2W) to Rs 2,500 per kWh, capped at Rs 5,000 per vehicle, for April 2025-March 2028. The scheme was notified on 29 September 2024 with a total outlay of Rs 11,900 crore and has been extended to 31 March 2028. It promotes faster EV adoption, charging infrastructure and growth of the EV manufacturing ecosystem.
GK Bytee-2W incentive: Rs 2,500/kWh, capped at Rs 5,000/vehiclePM E-DRIVE outlay: Rs 11,900 croreNotified 29 Sep 2024, extended to 31 Mar 2028Nodal ministry: Ministry of Heavy Industries
The Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) completed one year on 1 August 2026, with more than 72 lakh first-time employees joining the formal workforce since its launch in August 2025. It is implemented by the Ministry of Labour & Employment through the Employees' Provident Fund Organisation (EPFO) from 1 August 2025 to 31 July 2027, with a total outlay of Rs 99,446 crore. The scheme has two parts — incentives for first-time employees and incentives for employers who create additional jobs.
GK BytePM-VBRY outlay: Rs 99,446 croreImplemented by Ministry of Labour & Employment via EPFO (2025-2027)72 lakh first-time workers formalised in the first year
Union Textiles Minister Giriraj Singh, at the 56th Foundation Day of the Cotton Corporation of India (CCI) in Chhatrapati Sambhajinagar, Maharashtra, launched the Kapas Darshan bulletin and announced the implementation roadmap of the Rs 5,659-crore Cotton Productivity Mission (Kapas Kanti). Four MoUs were signed to enhance cotton quality, traceability, sustainability, market access and climate-smart cultivation, and modern farm equipment was distributed.
GK ByteRs 5,659-crore Cotton Productivity Mission (Kapas Kanti) rolled out'Kapas Darshan' bulletin launched by Minister Giriraj SinghAt CCI's 56th Foundation Day, Chhatrapati Sambhajinagar, MaharashtraFour MoUs for cotton quality, traceability, sustainability signed
The Government launched the Nasha Mukta Yuva for Viksit Bharat (Drug-Free Youth for Developed India) campaign — a 100-week national de-addiction and awareness drive targeting youth aged 15-35 across all districts. It builds on the Nasha Mukt Bharat Abhiyan (NMBA) under the Ministry of Social Justice and Empowerment, with enforcement support from the Narcotics Control Bureau (NCB).
GK Byte100-week drug-free youth campaign for ages 15-35Builds on Nasha Mukt Bharat Abhiyan (NMBA, launched 15 Aug 2020)Nodal: Ministry of Social Justice & EmpowermentEnforcement support: Narcotics Control Bureau (NCB)
The Union Cabinet, chaired by PM Narendra Modi, approved a revamped Khelo India Scheme along with enhanced Assistance to National Sports Federations (ANSFs), with a combined outlay of Rs 36,441 crore for 2026-27 to 2030-31 — the largest sports push since Independence. Of this, Rs 29,054 crore goes to Khelo India (grassroots talent) and Rs 7,387 crore to NSFs, nearly eight times the earlier outlay. Two new initiatives — Khelo India Feeder Schools (KIFS) and Khelo India Utkrishta Vidyalayas (KIUV) — integrate sport with school education, and a National Coach Accreditation Board will standardise coaching.
GK ByteCombined outlay Rs 36,441 crore for 2026-27 to 2030-31Rs 29,054 cr Khelo India + Rs 7,387 cr to NSFsNew: Khelo India Feeder Schools (KIFS) and Utkrishta Vidyalayas (KIUV)Khelo India launched 2018; Ministry of Youth Affairs & Sports
The Union Cabinet approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from 2026-27 to 2030-31 with a total financial outlay of Rs 3.15 lakh crore. Under PM-KISAN, eligible land-holding farmer families receive Rs 6,000 per year in three equal instalments of Rs 2,000 directly into their bank accounts via Direct Benefit Transfer (DBT). The scheme was launched on 24 February 2019 at Gorakhpur, Uttar Pradesh; its 23rd instalment (Rs 18,880 crore) was released on 20 June 2026, and it has cumulatively benefited over 9 crore farmer families. It is administered by the Ministry of Agriculture & Farmers' Welfare and is India's largest direct income-support programme for farmers by beneficiary count.
GK BytePM-KISAN continued 2026-27 to 2030-31 with Rs 3.15 lakh crore outlayRs 6,000 per year in three Rs 2,000 instalments via Direct Benefit TransferLaunched 24 February 2019 at Gorakhpur, UP; administered by Ministry of Agriculture & Farmers' Welfare
The Union Cabinet approved the Samudra Manthan National Offshore Exploration Scheme on 31 July 2026 with a total outlay of Rs 84,084 crore. The five-year programme will promote seismic surveys, exploratory drilling and shared offshore infrastructure in deepwater and ultra-deepwater regions, aiming to increase domestic oil and gas production and reduce India's import dependence. India imports about 85-87% of its crude oil requirement. The scheme aligns with India's Hydrocarbon Exploration and Licensing Policy (HELP), 2016 and the Open Acreage Licensing Policy (OALP). India's main offshore field is Mumbai High (ONGC), and the Krishna-Godavari (KG) basin holds significant deepwater potential. Nodal ministry: Petroleum & Natural Gas (Minister Hardeep Singh Puri).
GK ByteSamudra Manthan: Rs 84,084 crore, five-year scheme under the Ministry of Petroleum & Natural GasTargets seismic surveys, exploratory drilling and shared offshore infrastructure in deep/ultra-deep watersAligns with HELP 2016 and OALP; India imports ~85-87% of its crude oil
The Union Cabinet, chaired by PM Narendra Modi, on 24 July 2026 approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA - Rasayan) scheme to establish three dedicated Chemical Parks with an outlay of Rs 3,030 crore. Of this, Rs 3,000 crore funds common infrastructure and basic utilities while Rs 30 crore is for administration. The scheme runs five years, FY 2026-27 to FY 2030-31. The Centre gives a grant of up to Rs 1,000 crore per park, subject to a minimum Rs 500 crore contribution by the concerned State Government. Each park needs a minimum contiguous 8 sq km (about 2,000 acres) of encumbrance-free land and offers plug-and-play infrastructure. Each park could attract Rs 20,000-50,000 crore of downstream investment.
GK ByteOutlay Rs 3,030 cr = Rs 3,000 cr infra + Rs 30 cr adminCentral grant up to Rs 1,000 cr per park; State min Rs 500 crRuns FY 2026-27 to FY 2030-31 (five years)Each park min 8 sq km (~2,000 acres) encumbrance-free land
Union Minister Ashwini Vaishnaw (Ministry of Railways) implemented 8 more structural reforms under the 'Reform Express' initiative at Rail Bhawan, New Delhi, taking the total to 17. The reforms are part of the Ministry's target of 52 reforms in 52 weeks to boost efficiency, innovation and the railway ecosystem.
The new reforms (Reform 10 to Reform 17) cover fly-ash transportation, the container sector, fertilizer and petroleum-products transportation, foodgrains/flour/pulses movement, construction reforms, wagon-design approval policy, and skilling of artisans in railway projects.
GK Byte'Reform Express' target: 52 reforms in 52 weeks8 new reforms (10-17) take the total to 17Railway Minister: Ashwini Vaishnaw
The Union Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) under MeitY with a budgetary outlay of Rs 62,500 crore. Approved under the Make in India initiative, it aims to strengthen domestic mobile-phone manufacturing, raise value addition, boost exports and improve India's global competitiveness in electronics.
MPMS will run for 5 years (FY2026-27 to FY2030-31) and succeeds the PLI Scheme for Large Scale Electronics Manufacturing (PLI-LSEM), which concluded on 31 March 2026. Eligible manufacturers get sales-linked incentives of 2.25% to 5%, with an extra up to 1.5% for higher domestic sourcing and an additional 3% for Indian brands investing in design/R&D.
Targets: Rs 39 lakh crore cumulative mobile production, Rs 15 lakh crore exports, and around 60,000 direct jobs.
GK ByteMPMS outlay: Rs 62,500 crore; runs FY27-FY31Incentives: 2.25%-5% sales-linked (+1.5% sourcing, +3% design/R&D)Targets Rs 39 lakh crore production, Rs 15 lakh crore exports, 60,000 jobs