Cabinet Eyes Major Announcements: BHAVYA Scheme, FCRA Changes, Energy & Agri Focus
Cabinet Eyes Major Announcements: BHAVYA Scheme, FCRA Changes, Energy & Agri Focus
- •Union Cabinet meeting, chaired by PM Modi, discussed key policy proposals in Parliament House.
- •Bharat Industrial Development (BHAVYA) scheme, promoting domestic industry and 'Atmanirbhar Bharat', likely for approval.
- •BHAVYA aims to strengthen industrial structure, develop clusters, support MSMEs, and boost production/employment.
- •Proposed amendments to Foreign Contribution (Regulation) Act (FCRA) 2026 to strengthen foreign donation monitoring.
- •Small Hydro Power Development Scheme (2026-31) and financial package for cotton procurement losses also on agenda.