Current Affairs 20 December 2025

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NATIONAL AFFAIRS

Final DPRs Approved for PM MITRA Textile Parks at Rs. 5,567 Crore Across Three StatesOn 17 December 2025, the Ministry of Textiles (MoT), in collaboration with National Industrial Corridor Development Corporation Limited (NICDC), held a stakeholder consultation in New Delhi, Delhi, to engage prospective developers for Pradhan Mantri – Mega Integrated Textile Region and Apparel (PM MITRA) Parks.

• During the meeting, Rohit Kansal, Additional Secretary, MoT, announced that Detailed Project Reports (DPRs) worth Rs. 5,567 crore have been finalised for three greenfield textile parks in Uttar Pradesh (UP), Karnataka and Gujarat.

About PM MITRA Greenfield Textile Parks:
Three Greenfield Parks: The DPRs cover 3 Greenfield textile parks in

• Lucknow, UP: A Greenfield PM MITRA Park spanning 1,000 acres in UP.
• Kalaburagi, Karnataka: A Greenfield PM MITRA Park covering 1,000 acres in Karnataka.
• Navsari, Gujarat: A Greenfield PM MITRA Park spread over 1,142 acres in Gujarat.

Purpose: To explore partnership opportunities with Master Developers for building integrated textile parks.
Development Model: Parks will be developed under a Public-Private Partnership (PPP) using the Design, Build, Finance, Operate, and Transfer (DBFOT) framework, with Master Developers playing a key role in planning, execution, and operation.
Investor Interest: Reported investor interest in the three parks exceeds Rs 20,054 crore, supported by plug-and-play infrastructure, integrated logistics, and clean power.
Park Locations: PM MITRA scheme is planned across seven sites including greenfield projects at Virudhnagar (Tamil Nadu, TN), Navsari (Gujarat), Kalaburagi (Karnataka), Dhar (Madhya Pradesh, MP), Lucknow (Uttar Pradesh, UP), and brownfield projects at Warangal (Telangana) and Amravati (Maharashtra).
>>Read Full News

India and Netherlands Signs LoI to Enhance Defence Cooperation
In December 2025, India and the Netherlands signed a Letter of Intent (LoI) on Defence Cooperation in New Delhi, Delhi, aimed at strengthening and institutionalizing their bilateral defence partnership.

• The LoI was signed by Rajesh Kumar Singh, Secretary, Ministry of Defence(MoD) and Marisa Gerards, Ambassador of Netherlands to India in the presence of Union Minister Rajnath Singh, MoD and David Van Weel, Foreign Minister of Netherlands.

About India–Netherlands Defence Cooperation:
Objective: To prioritize co-development and co-production of defence equipment and enhance bilateral defence cooperation.
Framework: Both nations will create a Defence Industrial Roadmap to guide technology collaboration, co-production, and co-development while enhancing military and industrial ties in niche technologies.
Strategic Ties: Both nations committed to a free and rule-based Indo-Pacific and recognized the Indian diaspora in the Netherlands as a ‘living bridge’ strengthening people-to-people ties.

MP to Develop India’s First State-Level Multi-National Park Tiger Corridor
In December 2025, Madhya Pradesh (MP) Public Works Department (PWD) Minister Rakesh Singh announced that MP will develop India’s first state-level, multi-national park (NP) Tiger Corridor in collaboration with the National Highways Authority of India (NHAI), during an event held at the Kushabhau Thakre Convention Centre, Bhopal, MP.

• The initiative also includes a comprehensive road infrastructure plan featuring six major expressways with an estimated cost of Rs. 36,483 crore, aimed at integrating modern infrastructure development with environmental conservation.

About India’s first state-level, multi-NP Tiger Corridor:
Connectivity & Scale: The 961-kilometer (km) corridor will connect Kanha Tiger Reserves(TR), Bandhavgarh TR, Panna TR, and Pench TR, with an estimated cost of Rs. 5,500 crore.
Wildlife Design: The project incorporates wildlife-friendly features such as forest underpasses, slow-traffic zones, and animal-safe road designs to ensure safe tiger movement.
Timeline: The state plans to build six major expressways and pragatipath projects totaling 3,368 km, with completion targeted by June 2028.
Tiger Status: With 785 tigers as per the 2022 census, MP remains India’s leading “Tiger State,” strengthening the relevance of the corridor initiative.

Titagarh Rail Systems Secured Rs 273 Crore RBMV Contract from IR
In December 2025, Titagarh Rail Systems Limited (TRSL), formerly known as Titagarh Wagons, secured a contract worth Rs 273.24 crore from the IMinistry of Railways(MoR) for the supply and maintenance of Rail Borne Maintenance Vehicles (RBMV).

• This order marks TRSL’s entry into the high-value, technology-driven, and safety-critical safety and signalling systems segment.

Key Details of Contract:
Order: As per the Letter of Acceptance (LoA), TRSL has been tasked to undertake the design, manufacture, supply, testing, and commissioning of 62 RBMVs.
Scope: It has also been mandated to provide training to personnel of IR, alongside servicing and breakdown maintenance support.
Time Period: The company is expected to start the supply of the machines within 15 months from the date of the order, while delivery of machines along with a complete set of spare parts is to be completed within 48 months (4 years).
RBMV: It is a specialised, self-propelled on-track machine, primarily used for the inspection, maintenance, and restoration of railway infrastructure.

• It features advanced systems for track maintenance and Overhead Equipment (OHE) works, aimed to enhance operational safety and reliability across the rail network.

INTERNATIONAL AFFAIRS

Overview of PM Narendra Modi’s Visit to Oman from December 17 to 18, 2025Prime Minister(PM) Narendra Modi was on a 2-day official visit to Oman from December 17 to 18, 2025 as the final leg of his 3-nation tour that included Jordan and Ethiopia, at the invitation of His Majesty Sultan Haitham bin Tarik Al Said, the Sultan and PM of Oman. This visit marked his second visit to Oman.

• His visit coincided with the 70th anniversary of the establishment of diplomatic relations between the two countries.

Highlights of PM Narendra Modi’s Visit to Oman:
Bilateral Meeting: PM Narendra Modi held a bilateral meeting with His Majesty Sultan Haitham bin Tarik Al Said, Sultan of Oman,  at the Royal Palace (in Muscat), where he was accorded a ceremonial welcome.
India-Oman Business Forum: PM Narendra Modi attended the India-Oman Business Forum held in Muscat, Oman. He was accompanied by Union Minister Piyush Goyal, Ministry of Commerce & Industry (MoC&I); and Rajiv Memani, President of Confederation of Indian Industry (CII).

• During the forum, the Oman Chamber of Commerce & Industry (OCCI) and the CII signed an MoU to boost economic collaboration between Indian and Omani businesses.

Conferred with Order of Oman: During the visit, PM Modi was conferred with the “Order of Oman”, the highest civilian honor of Oman, by Sultan Haitham bin Tarik during a special ceremony held in Muscat.

• This marks 29th foreign state honor conferred on PM Modi, during his 11 year tenure as PM of India.

Key Outcomes:

• Signed CEPA:The key highlight of PM Modi’s visit to Oman was the signing of Comprehensive Economic Partnership Agreement (CEPA) between India and Oman.
• MoUs Signed: India and Oman signed various Memorandums of Understanding (MoUs), covering key sectors such as: trade, maritime heritage, agriculture, education and maritime security.
• Millet Cultivation Cooperation: India and Oman adopted an Executive Programme for cooperation in millet cultivation and agri-food innovation.
• Maritime Cooperation: Both countries also adopted a Joint Vision Document on Maritime Cooperation that reflects their shared commitment to regional maritime security, blue economy, and sustainable use of ocean resources.

>>Read Full News

Government of Armenia Unveils ‘Yerevan Blue Butterfly’ as COP17 Logo
In December 2025, the Government of Armenia unveiled the Yerevan blue butterfly as the official logo for the 17th Session of the Conference of the Parties (COP17) to the United Nations (UN) Convention on Biological Diversity (CBD), which will be held in October 2026 in Yerevan, Armenia.

• Armenia also unveiled the slogan “Taking Action for Nature” for COP17.

About COP17 Logo:
Endemic Inspiration: The emblem draws inspiration from the Erivan Anomalous Blue (Polyommatus eriwanensis), a blue butterfly endemic to the Yerevan region, symbolising local biodiversity and ecological resilience.
Features: The logo incorporates 23 blended colours representing the 23 targets of the Kunming (China)-Montreal (Canada) Global Biodiversity Framework, which was adopted in 2022, with an aim to halt and reverse biodiversity loss by 2030.
Significance: The COP17 logo and its slogan highlight Armenia’s emphasis on moving beyond broad commitments toward targeted, coordinated global action for biodiversity conservation.

India Participates in 11th UNAOC Forum in Riyadh, Saudi Arabia
The Government of India (GoI) participated in the 11th edition of the United Nations Alliance of Civilizations (UNAOC) Global Forum held from December 14 to 15, 2025, in Riyadh, Saudi Arabia.

About UNAOC Global Forum 2025:
Theme: The forum was held under the theme “UNAOC: Two Decades of Dialogue for Humanity – Advancing a New Era of Mutual Respect and Understanding in a Multipolar World.”
Indian Delegation: P. Kumaran, Secretary (East), Ministry of External Affairs (MEA), led the Indian delegation and participated in the High-Level Meeting of the Group of Friends of UNAOC.

• The delegation highlighted India’s civilizational heritage, cultural diversity, and commitment to pluralism.

Reaffirmed Values: The GoI reaffirmed its commitment to the ancient sanskrit ideal of “Vasudhaiva Kutumbakam”, meaning “The World is One Family”, and highlighted “Sarva Dharma Samabhav”, meaning “Equal Respect for All Religions”
About UNAOC: Launched by the UN in 2005, the initiative promotes intercultural dialogue, mutual understanding, and cooperation to reduce polarization and counter terrorism.

• It was initiated by Spain and Turkey and endorsed by the UN General Assembly (UNGA).

BANKING & FINANCE

MoF unveils new logo for RRBs to build unified brand identityIn December 2025, the Department of Financial Services (DoFS), Ministry of Finance (MoF) unveiled a new and common logo for Regional Rural Banks (RRBs) to signify a single and unified brand identity.

Key Highlights
One State One RRB: On the principle of “One State One RRB”, the DoFS consolidated 26 RRBs across 11 states/Union Territories (UTs) effective from May 01, 2025.
RRB Network: At present, 28 RRBs serve the country through an extensive network of over 22,000 branches across more than 700 districts.
The Logo elements: The three main elements in the logo reflect themes of progress and growth in rural and remote areas.

• Upward Arrow: This is a symbol of progress, which represents growth, development and advancement in rural economies.
• Hands: This serves as a symbol of nurturing, reflecting care, support and assistance to rural communities.
• Flame: It is the symbol of enlightenment, signifying warmth, knowledge and the empowerment of rural populations.

Logo Colour: The logo design uses dark blue and green.

• The dark blue colour signifies finance and trust, while the green colour signifies life and growth.

Logo

About RRB:
Established in: 1975 through an Ordinance, later enacted as the Regional Rural Banks Act, 1976.
Ownership structure: Central Government (50%), State Government (15%), Sponsor Bank (35%).
Regulated by: Reserve Bank of India (RBI) and supervised by National Bank for Agriculture and Rural Development (NABARD).
About Ministry of Finance (MoF)
Union Minister – Nirmala Sitharaman (Rajya Sabha – Karnataka)
Minister of State – Pankaj Chaudhary (Constituency – Maharajganj, Uttar Pradesh, UP)

RBI Imposes Regulatory Restrictions on Two UCBs in Assam and GujaratIn December 2025, the Reserve Bank of India (RBI) imposed regulatory restrictions on two Urban Cooperative Banks (UCBs) : The Gauhati Cooperative Urban Bank Limited in Assam and The Valsad Mahila Nagrik Sahakari Bank Limited in Gujarat due to their weak financial position, liquidity stress, and unresolved supervisory concerns.

• The restrictions were issued in the form of ‘Directions’ under the Banking Regulation(BR) Act, 1949, and will remain in force for six months, subject to review.
• Eligible depositors can claim insurance up to Rs. 5 lakh, provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) under the DICGC Act, 1961.

About RBI Directions on Gauhati Cooperative Urban Bank:
Timeline: Directions effective from the close of business on December 17, 2025.
Withdrawals: Depositors may withdraw up to Rs. 35,000 across all deposit accounts, with the bank permitted to adjust outstanding loans against deposits.
About Directions on The Valsad Mahila Nagrik Sahakari Bank Limited:
Timeline: Directions effective from the close of business on December 18, 2025.
Withdrawals: No withdrawals are allowed from any deposit accounts, while the bank may adjust outstanding loans against deposits subject to RBI conditions.
>>Read Full News

ECONOMY & BUSINESS

Google Announces USD 8 Million Funding for India’s AI Research EcosystemIn December 2025, global tech giant Google announced a USD 8 million (approximately Rs 72.4 crore) funding commitment to support four Government of India (GoI)–backed Artificial Intelligence (AI) Centres of Excellence (CoEs), during the ‘Google’s Lab to Impact Dialogue’, organised as part of the India AI Impact Summit 2026, in New Delhi, Delhi.

• During the event, Google also unveiled multiple research collaborations and healthcare-focused AI initiatives to further strengthen India’s AI ecosystem.

Key Details:
4 AI CoEs: As per the Google, USD 8 million research funding will be distributed among:

• TANUH at Indian Institute of Science (IISc) Bengaluru, for non-communicable disease treatment;
• Airawat Research Foundation at Indian Institute of Technology-Kanpur (IIT-K) will use the funds for AI-driven urban governance;
• The AI CoE for Education at IIT-Madras (IIT-M) will create innovative solutions to enhance learning and teaching outcomes;
• ANNAM.AI at IIT-Ropar will use the funds to develop data-driven solutions for agriculture and farmer welfare.

Other Key Announcements: Google has also Google announced USD 400,000 in funding to support MedGemma-based collaborations for developing Health Foundation Models and integrating AI into India’s Digital Public Infrastructure(DPI), particularly in the healthcare sector.

• Google pledged to provide financial support of USD 50,000 each to startups i.e. Gnani.AI and CoRover.AI to develop Indic language voice and e-governance solutions using Gemma.
• It has also announced a USD 2 million founding grant to set up the new Indic Language Technologies Research Hub at IIT-B.

Key Collaborations: Google has collaborated with the National Health Authority (NHA) for the deployment of advanced AI for the conversion of medical records into a globally acceptable, machine readable format i.e. Fast Healthcare Interoperability Resources (FHIR) standards.

• ReNew Energy Global Plc (ReNew), a leading decarbonisation solutions company, signed a long-term agreement with Google to enable the development of a new 150 Mega-Watt(MW) solar project in Rajasthan.

>>Read Full News

AWARDS & RECOGNITIONS

Bloomberg World’s Richest Families Report 2025: The Walton Tops the List; Ambani Family Ranks 8thOn December 16, 2025, Bloomberg released its annual report titled “Bloomberg-World’s Richest Families 2025”, tracking the 25 wealthiest family fortunes globally and their aggregate wealth growth. As per the report, the Ambani family, remained 8th with an estimated net worth of about USD 105.6 billion, is the only Indian family featured in the list.

• The Walton family, who owns 44% of Walmart, is ranked first with USD 513.4 billion in wealth, followed by the Al Nahyan family (USD 335.9 billion) (2nd rank), Al Saud, the Saudi Royal family (USD 213.6 billion) (3rd rank).

Highlights of Bloomberg-World’s Richest Families 2025:
Methodology: The threshold to enter the top 25 list increased by USD 9.7 billion to a net worth of USD 46.4 billion in 2025. It excludes first-generation fortunes, fortunes controlled by a single heir, and the families whose source of income is unclear.
Wealth Concentration: The top 25 richest families hold a combined fortune of approximately USD 2.9 trillion, up by USD 358.7 billion from 2024, with the top 5 families alone accounting for around USD 1.4 trillion.
Other Top 10 families: The Al Thani Family of Qatar ranks 4th with USD 199.5 billion, followed by France’s Hermes Family in 5th place with USD 184.5 billion.

• The Koch Family (USA) (USD150.5 billion) secured 6th rank, The Mars Family (USA) (USD 143.4 billion) (7th rank), The Wertheimer Family (France) (USD 85.6 billion) (9th rank), and The Thomson Family (Canada) (USD 82.1 billion) (10th rank).

New Entrants: The Larrea Mota Velasco Family (Mexico), The Luksic Family (Chile), The Del Vecchio Family (Italy), and The Olayan Family (Saudi Arabia) have entered the list for the first time.
>>Read Full News

Sculptures & Drawing Artist Nnena Kalu Becomes First Learning-Disabled Artist to Win 2025 Turner PrizeIn December 2025, Nnena Kalu, a British contemporary artist known for her sculptures and drawings, became the first artist with a learning disability to receive the Turner Prize, one of the most contemporary art awards of the United Kingdom (UK), at a ceremony in Bradford, UK.

• Nnena Kalu received the prize from the jury, chaired by Alex Farquharson, Director of Tate Britain and a cash prize of 25,000 British pounds and the other shortlisted artists, including Rene Matic, Mohammed Sami, and Zadie Xa, received 10,000 British pounds each.

About Turner Prize: 
Overview: Instituted in 1984, the Turner Prize honors a British or UK-based artist for outstanding contemporary art, promoting innovative and challenging artistic practices.
Name Significance: The Turner Prize, named after Joseph Mallord William (J.M.W) Turner, the famous British painter.
Presenter: Turner Prize is awarded by Tate Britain, the national gallery of British art.
Eligibility: The artist must be under 50 years old and should be either British or working mainly in Britain. The nominees are shortlisted from exhibitions held over the previous year.
About Nnena Kalu:
Profile: Nnena Kalu, born in 1966, in Glasgow (Scotland), is known for her vivid, abstract sculptures and drawings. She has autism and a learning disability, and limited verbal communication.
Sculptures: She makes large, hanging sculptures from recycled materials like Video Home System (VHS) tapes, paper, and fabric, forming textured, rhythmic pieces, and also creates abstract drawings with swirling lines, layered textures, and repetitive patterns.
Recognition: Her work has been included in prestigious exhibitions such as Manifesta 15 in Barcelona (Spain) and Conversations at the Walker Art Gallery, Liverpool (England) in 2024.
About Tate Britain:
Director – Alex Farquharson
Headquarters – London, United Kingdom (UK)
Established – 1897

Innoviti Bagged ASK Private Hurun India Unicorn and Future Unicorn Award
In December 2025, Innoviti Technologies, leading payment-centric retail Software as a Service (SaaS) platform in India, was recognised by ASK Private Wealth and Hurun India as a ‘Cheetah’ in their India Cheetah-Gazelle-Unicorn Index for the year 2025 for Excellence in SaaS-Based Payment Solutions.

Key Progress by Innovit Technologies:
Dominance in Retail Sector: Innoviti is a leading revenue assurance software dominating 18 out of 20 retail enterprises in the country.
Key Application: The payments-centric SaaS software of Innoviti is used by various retail brands across online and offline payment modes, processing more than Rs 80,000 crore annually from across 2000 cities and 20,000 merchants.
Received RBI Approval for PA: The company has received the Reserve Bank of India (RBI)’s approval to operate as an online Payment Aggregator (PA).
Number of Patents: So far, the company has secured 14 patents, with 11 more in the pipeline.
Other Awards/Accolades: Innoviti has been honoured with several other awards like: 50 fastest growing companies in Asia award from Deloitte (won 4 times); Reliance Innovation Award, and the Reliance Innovation Award.

APPOINTMENTS & RESIGNATIONS

Bharti Airtel Appoints Shashwat Sharma as MD & CEO
In December 2025, Bharti Airtel Limited, India’s second-largest telecom operator, appointed Shashwat Sharma as its Managing Director (MD) & Chief Executive Officer (CEO) for a five-year term, effective from 1 January 2026, marking a major senior leadership change.

• He will succeed Gopal Vittal, who will transition to the role of Executive Vice Chairman (Whole-time Director) of Bharti Airtel.

About Shashwat Sharma:
Experience: Before joining the telecom sector, he spent over 13 years at Hindustan Unilever Limited (HUL).
Airtel Leadership Roles: Since joining Airtel in 2018, he has held key positions including Chief Operating Officer (COO) and Head of Consumer Business, and currently serves as CEO Designate of Airtel India.
Other Appointments:
Soumen Ray: Appointed as Group Chief Financial Officer (CFO)
Akhil Garg: Appointed as Chief Financial Officer (CFO)
Rohit Puri: Appointed as Company Secretary & Compliance Officer for Bharti Airtel, previously Joint Company Secretary.
Pankaj Tewari: Continues as Group Company Secretary, responsible for group-level oversight and governance.

OBITUARY

Renowned Indian Sculptor and Padma Awardee Ram Vanji Sutar Passed AwayOn 17th December 2025, renowned Indian sculptor and Padma awardee Ram Vanji Sutar, designer of the world’s tallest statue ‘the Statue of Unity’, passed away in Noida, Uttar Pradesh (UP), at the age of 100 years. He was born on 19th February 1925 in Dhule, Maharashtra.

• He was honoured with the Padma Shri in 1999 in the field of Art and Padma Bhushan in 2016 in the field of Art.

About Ram Vanji Sutar:
Specialisation: He specialised in bronze and realistic sculptures that combine fine artistry with large-scale engineering.
Landmark Works:

• Statue of Unity: He created the 182-metre(m) Statue of Unity at Kevadia, Gujarat, dedicated to Sardar Vallabhbhai Patel, the world’s tallest statue.
• Kempe Gowda: He sculpted the 108-foot statue of Kempe Gowda installed at Bengaluru International Airport, Bengaluru, Karnataka.
• Chambal Monument: He designed the 45-foot-tall Chambal monument in Madhya Pradesh.

Mythological Works: He co-created the bronze Krishna Arjun Rath Monument at Brahma Sarovar with Anil R. Sutar in 2008.
Gandhi Sculptures: 

• Works in India: He designed the seated meditative statue of Mahatma Gandhi at the Parliament complex (Delhi) and sculpted the bronze Mahatma Gandhi statue at Vidhan Soudha (Bengaluru).
• Global Installations: His sculptures and busts of Mahatma Gandhi have been installed in over 450 cities worldwide, including Hanover (Germany) and Roma Street Parkland, Brisbane (Australia) (2024).

Shivaji Statue: He created the equestrian statue of Chhatrapati Shivaji Maharaj at the Parliament complex (Delhi).
Ongoing Projects: He was involved in the design of the proposed Lord Ram statue in Ayodhya (UP) and contributed to the design of the upcoming Chhatrapati Shivaji Maharaj statue in Mumbai (Maharashtra).
Awards: He received the Tagore Award for Cultural Harmony in 2018 and the Maharashtra Bhushan Puraskar in 2025.

IMPORTANT DAYS

National Minority Rights Day 2025 – December 18National Minority Rights Day, also known as Minorities Day, is annually observed across India on 18th December to raise awareness about the constitutionally guaranteed rights, freedom, and equal opportunities of religious minorities.

• 18th December 2025 marks the observance of the 13th Minority Rights Day.

Background:
Global Significance: Minorities Rights Day is observed annually to mark the  United Nations General Assembly’s(UNGA)adoption of the Declaration on the Rights of National, Ethnic, Religious, and Linguistic Minorities through Resolution A/RES/47/135 on 18 December 1992.
India’s Observance: In India, National Minorities Rights Day has been observed since 18 December 2013.
Who are minorities?
Definition: A minority group is a community that is numerically smaller and lacks social, political, and economic dominance within a country.
Notified Minority Communities: Under Section 2(c) of the National Commission for Minorities (NCM) Act, 1992, Muslims, Sikhs, Christians, Buddhists, Jains, and Zoroastrians (Parsis) are recognized as minority communities.

• The Jain community was accorded minority status later, in 2014.

Minority Rights in the Indian Constitution:
Articles 29 and 30: Guarantee the preservation of culture and grant religious and linguistic minorities the right to establish and administer educational institutions, safeguarding them from undue state interference.
Articles 350A and 350B: Ensure primary education in the mother tongue for linguistic minorities and provide for a Special Officer for Linguistic Minorities to monitor safeguards
Article 347: Enables special provisions for languages spoken by sections of a state’s population.
About Ministry of Minority Affairs (MoMA)
Union Minister – Kiren Rijiju (Constituency – Arunachal West, Arunachal Pradesh, AR)
Minister of States(MoS) – George Kurian(Rajya Sabha -Madhya Pradesh, MP)

STATE NEWS

Government of Chhattisgarh Presents Supplementary Budget Worth Rs.35,000 Crores for FY26On December 14, 2025, Government of Chhattisgarh presented and passed the Supplementary Budget worth Rs.35,000 Crores for the Fiscal Year 2025-26 (FY-26), marking the biggest supplementary budget in the history of Chhattisgarh, approved by the Chhattisgarh legislative assembly.

• This budget was introduced by O.P. Choudhary, Finance Minister, Government of Chhattisgarh, in the Chhattisgarh legislative assembly during the winter session.

Highlights of the Budget:
Overview: The budget emphasizes capital expenditure to strengthen long-term economic growth, social security, housing, education, and connectivity.
Agriculture & Farmer Support: Rs.12, 424 crores allocated to Cooperative Marketing Federation Limited (MARKFED) to compensate for paddy procurement losses, helping ensure timely payments to farmers.
Infrastructure: Government of Chhattisgarh allocated funds for rural roads program and state roads expansion. It allocated Rs.86 crores to support the Chirmiri (Chhattisgarh) – Nagpur (Maharashtra) rail line project.
Industrial Development: Allocated Rs.360 crores for creating industrial areas, capital subsidies, and interest subsidies to attract investment and promote job creation.
Safety, Environment & Transport: Allocated approximately Rs.154 crores for Fire engines & safety equipment, approximately Rs.87 crores for Road safety measures such as Automatic Plate Number Recognition (APNR), test tracks, and Rs.35 crores for Electric Vehicle (EV) subsidies.
About Chhattisgarh:
Chief Minister (CM) – Vishnu Deo Sai
Governor – Ramen Deka
Capital – Raipur
Wildlife Sanctuary (WLS) – Badalkhol WLS, Barnawapara WLS
>>Read Full News

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