Toy Sector Task Force Aims for 5% Global Market Share by 2032.
- Toy sector task force formed under Union Minister Piyush Goyal.
- Target: Achieve 5% share of the global toy market by 2032.
- Focus areas: Manufacturing growth, global value chain integration, skills, and innovation.
- Aims to address value chain gaps and improve ease of doing business.
- Toy Sector Playbook launched for MSMEs, startups, and investors covering standards, compliance, IP, and exports.
Amritsar Joins International Aviation Hub Strategy as India’s 2nd Spoke.
- Amritsar becomes India’s second spoke airport under the Hub & Spoke International Flight Operations framework.
- Delhi serves as the main hub, connecting passengers to 20+ international destinations.
- Passengers can complete check-in, immigration, and customs at Amritsar before departure.
- Single baggage tag facility enabled for seamless international travel.
- International connectivity expanded from 7 direct destinations to 20+ via hub.
- Scheme aims to boost economy by $30 billion and create 4 lakh jobs by 2030.
Government Banks Record Sharp Improvement in Asset Quality in FY26.
- PSBs recorded historic performance in FY26 with GNPA ratio at 1.9% and record net profit of ₹1.98 lakh crore.
- Aggregate business reached ₹283.3 lakh crore; deposits ₹156.3 lakh crore and loans ₹127 lakh crore.
- CRAR improved to 16.6% from 14.6% in 2022.
- Credit growth: Retail (19.8%), MSME (19.6%), and Agriculture (16.2%).
- ECLGS 5.0 launched to support liquidity during the West Asia Crisis with ₹2.55 lakh crore credit cap.
- ₹5,000 crore allocated for aviation sector with 90% loan guarantee coverage.
Gujarat Starts e-Zero FIR Initiative to Tackle Cyber Financial Crimes.
- Gujarat launched Cyber Financial Fraud e-Zero FIR service for remote complaint registration.
- Linked with cybercrime helpline 1930; complaints automatically generate e-FIRs.
- Digital FIRs are sent instantly to concerned police stations for investigation.
- Implemented with I4C under the Ministry of Home Affairs.
- Aims to avoid police station visits and improve recovery of fraudulently lost funds.
Vizhinjam Port Receives Final Customs Approval for EXIM Operations.
- CBIC approved Vizhinjam International Seaport for EXIM cargo operations from August 18, 2026.
- Port developed under PPP model between Kerala Government and APSEZ.
- Vizhinjam shifts from a transshipment hub to direct EXIM cargo handling.
- Import allowed for FCL containers with Direct Port Delivery (DPD).
- Export limited to factory-stuffed/self-sealed FCL containers under Direct Port Entry (DPE).
- Operations to follow Sea Cargo Manifest and Transhipment Regulations, 2018.
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