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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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EU trade deal expected by year-end Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardest India in talks with 20 more countries to open market access: Piyush Goyal ADB ups India's FY27 growth projections to 6.9% Iran control of Strait of Hormuz in focus as tanker turns back, Trump raises concerns India mulls creating 30-day LPG strategic reserve Fire at Mumbai airport terminal delays flights Lesson from West Asia conflict is to factor-in adverse scenarios while framing policies: Oil Secretary Maharashtra government expands agricultural oversight structure Surging Raw Material Costs Hit PVC and Packaging Industries Hard Unseasonal rain, hailstorms, may drag Indian wheat output by over 5% Milky Mist beats FY26 targets, IPO on track, says CEO Delegation to visit Washington as India, US look to revive trade deal talks Only 10% of Indian key reservoirs are filled over 80% IMF warns of deepening global food crisis as fertilizer prices surge Yara India to ramp up digital strategy to strengthen retailer connectivity War-induced risks cushioned by ample buffer for India: World Bank DGS issues direct pass-through of port concessions to exporters amid West Asia crisis Israel allows import of Indian okra seeds, wants virus-free declaration India now seen as ‘safe anchor’, offers stability, predictability and prospects: Shaktikanta Das CropLife asks farmers to tap zaid season window after rabi loss and below normal monsoon ahead Indian trade delegation to visit Washington this month Construction equipment sales fall 13 per cent in FY26 on project delays, weak execution: FADA El Niño threat puts brakes on FY27 auto growth as rural demand risks rise Indian govt hikes NBS fertilizer rates for kharif season by up to 21% to ₹41,533.81 crore
MSME and agriculture focus key to Digital Public Infrastructure 2.0 rollout: NITI Aayog
2026-04-28 · via Economy News, Latest Economic News Today | The HinduBusinessLine

NITI Aayog has outlined a detailed action plan for the rollout of Digital Public Infrastructure (DPI) 2.0, recommending decentralised state-led execution, sector-focused transformation cycles, and stronger global engagement to drive India's journey towards a $30 trillion economy by 2047.

According to the report, India's DPI initiatives are already contributing nearly 1 per cent of GDP and have the potential to reach 4 per cent by 2030, making it critical to accelerate implementation.

It stated, "DPI 2.0 is best advanced through decentralised state led initiatives with Government of India and NITI Aayog acting as catalysts".

The report emphasised that India's diversity requires localised approaches, where states and districts play a central role in building self-sustaining local economies.

While states will lead execution, the Centre will support through funding, coordination, guidance, and ecosystem collaboration.

To ensure effective implementation, the report proposed adopting two-year iterative cycles for sectoral transformations.

The first year of each cycle will focus on pilot projects in selected states and districts, while the second year will focus on scaling successful models and building ecosystem capacity.

This approach is aimed at creating replicable solutions and accelerating adoption across the country.The first cycle, planned for 2026-2027, will focus on MSMEs and agriculture, identified as sectors with the highest potential for large-scale livelihood impact.

The report suggested working with six champion states or Union Territories, with each state identifying one or two districts for pilot implementation. It also recommended representation from all five regions of the country--north, south, east, west, and northeast.

The plan includes key milestones such as pilot design and rollout, demonstration of impact in selected districts, development of transformation playbooks, and expansion of successful models to at least five or more states.

To support execution, the report recommended setting up an institutional framework led by the Ministry of Electronics and Information Technology (MeitY) and NITI Aayog.

This includes forming a coordination team, an expert advisory group, and engaging specialised DPI organisations to guide sectoral transformations.

It also suggested involving global partners such as development and philanthropic institutions and introducing an impact award programme to incentivise state-level outcomes.

The report further proposed establishing a neutral ecosystem body by 2027 to lead India's global engagement on DPI.

This body would showcase scalable models, support implementation in other countries, and build a global collaboration platform focused on DPI and artificial intelligence for public good.

Highlighting the broader vision, the report stated that DPI 2.0 aims to move beyond basic digital access towards productivity-driven growth.It emphasised that achieving Viksit Bharat by 2047 will depend on transforming the economy into a high-productivity engine and ensuring that digital inclusion translates into livelihoods and economic opportunity.

The report concluded that India must act with speed and coordination, leveraging its digital strengths to build a resilient and inclusive growth model that can serve as a global benchmark.

Published on April 28, 2026