CBDC e-Rupee for PMGKAY Subsidy Distribution to be Expanded Nationwide After Pilot in Ahmedabad, Puducherry

Centre Imposes Stockholding Limit on Sugar, Allows Duty-Free Import of 10 Lakh MT to Curb Price Surge

To curb a sharp 15% spike in sugar prices ahead of the festive season, the Centre has imposed a 15-day stockholding limit on bulk consumers (using >10 MT/month) and allowed duty-free import of 10 lakh MT of raw sugar until October 31, 2026. The move invokes the Essential Commodities Act, 1955 and involves both the Ministry of Consumer Affairs and the Ministry of Commerce.

Sugar Prices Spike 44% in a Month, Govt Must Recalibrate Ethanol Policy to Protect Food Security

India's sugar prices surged 44% in a month (Rs 45 to Rs 65/kg) due to a perfect storm of lower production, low opening stocks, and ethanol diversion. The government's ethanol blending programme (20% by 2025-26) is competing with food markets, exposing a policy failure. This article is critical for understanding the food-fuel trade-off, government regulation, and the need for recalibration of the ethanol policy.

NFSA Amendment Replaces 35 kg AAY Rations with 7 kg Per Capita, Cuts 80% for Solo Women

The proposed amendment to the National Food Security Act (NFSA) replaces the 35 kg monthly household ration for Antyodaya (AAY) families with a per-capita system of 7 kg per person (capped at 35 kg). This will drastically cut entitlements for 53% of AAY households (those with fewer than 5 members), hitting the poorest hardest — especially 1 million single women, mostly widows, who will lose 80% of their foodgrain.

CAG Flags ₹3,161 Cr Power Subsidy Lapse & ₹3,217 Cr E-Procurement Irregularities in Delhi

The CAG report for 2022-23 exposes major flaws in Delhi's power subsidy scheme and e-procurement system, including wasteful subsidies to zero-consumption consumers and suspected collusive bidding. This is crucial for understanding CAG's role, subsidy targeting, and public procurement issues.

LPG Subsidy: Non-eKYC Households to Get Only 5/10 kg Cylinders at Market Price from Oct 1 2026

From October 1, 2026, households that haven't completed biometric Aadhaar authentication (eKYC) will only receive 5 or 10 kg LPG cylinders at market price, losing access to subsidized 14.2 kg refills. This move aims to rationalize subsidies but may burden non-compliant consumers, especially in rural areas.

RBI Issues Comprehensive Loan Recovery Rules: Phone Lock Allowed After 60 Days, Compensation ₹250/hr for Delayed Restoration

RBI has issued a consolidated framework for loan recovery by commercial banks, effective January 1, 2027. For the first time, it regulates technology-based restrictions on financed devices (smartphones/laptops) — allowing phone locking after 60 days of default, but with strict safeguards including ₹250/hour compensation for delayed restoration. This is a high-impact regulatory reform for Banking exams and UPSC GS3.

IBBI Issues 6 IBC Misuse Indicators After NCLT Stay on Subhash Chandra Rs 6.25 Cr Plan

The IBBI has issued a circular to insolvency professionals to stay vigilant against misuse of the IBC, listing six indicators of potential abuse. The directive follows a controversial NCLT order in the Subhash Chandra case where a single-member bench approved a repayment plan of only Rs 6.25 crore against admitted claims of Rs 22,006.57 crore, which was later stayed by a special bench. This highlights growing concerns over low recovery rates and potential misuse of the insolvency process by related parties.

Tata Trusts’ 66% Stake & Affirmative Voting Rights under Articles 104B, 121: SC Verdict Explained

Tata Trusts, holding about 66% of Tata Sons, are challenging the reappointment of N Chandrasekaran as executive chairman, citing the affirmative voting rights of their nominee directors under the Articles of Association. The Supreme Court’s 2021 Tata-Mistry judgment upheld these special rights, making it the key legal backdrop to the current boardroom dispute. For exams, this news tests corporate governance, fiduciary duties, and the binding force of a company’s Articles.