Year: 2026-27 | 21st July 2026 | Volume Issue #137

MSME & Start-ups

MSME Act Reforms: Government plans measures to improve liquidity, speed up dispute resolution and ease compliance
Export Handbook for MSMEs: New government guide simplifies procedures for entering global markets
India–Poland MSME Cooperation: Talks explore opportunities in technology, innovation, trade and joint manufacturing
Udyam Formalisation Drive: Udyam Registration and Udyam Assist bring more enterprises into the formal economy
PM Internship Scheme Expanded: MSMEs and professional bodies become eligible under the revamped programme
Skyroot’s Historic Orbital Launch: Vikram-1 becomes India’s first privately developed rocket to reach orbit
Chip-Design Startup Incentive: India plans a 9% deployment-linked incentive under Semicon 2.0
Private Turbofan Engine Programme: Paninian unveils an indigenous compact engine for autonomous aerospace platforms
Daily-Cycle Iron-Air Battery: Chennai startup Meine Electric develops a six-hour charge and 18-hour discharge system
Battery Technology Validated: Meine Electric’s fast-charging iron-air battery clears independent performance testing
Affordable Indian AI Models: Sarvam and BharatGen challenge global rivals with lower-cost language models

Economy

₹1.9 Lakh Crore Electronics Push: MPMS and Semicon 2.0 aim to strengthen India’s technology manufacturing ecosystem
$189 Billion Import-Substitution Plan: Government targets domestic production of 1,272 priority products
Construction Equipment Boom: Sectoral capital expenditure projected to reach ₹10 lakh crore by 2030
Foreign-Currency Mobilisation: RBI reports $20 billion raised through a special deposit scheme
New Services Production Index: Trial indicator will provide more frequent insights into economic activity
Producer Price Index for Procurement: Government plans to replace WPI in future contract-escalation clauses
Investment Friendliness Rankings: Gujarat tops NITI Aayog’s first index for large states
Growth Risks Identified: RBI Governor flags the West Asia crisis and uncertain monsoon
Biopharma SHAKTI Programme: India invests ₹10,000 crore to move from generic drugs towards advanced biologics
Tourism Growth Picture: Domestic travel surges while foreign visitor spending remains subdued
UK FTA Export Opportunity: Textiles, jewellery, leather and footwear expected to receive a major boost

Technology

India’s First Hydrogen Passenger Train: RDSO and ICF introduce clean fuel-cell rail technology
AI-Designed Genome Editors: ICAR-CRRI develops an open-source platform for precision crop improvement
Mobile Water Purification Van: CSIR-CSMCRI technology enables rapid treatment of multiple water sources
Quantum-Secure Communications: DRDO completes military trials of an indigenous Quantum Key Distribution system
AI-Powered Diabetes Care: IISc develops SugarSight and a lower-cost artificial-pancreas platform
Lunar Soil Simulant: IIT-BHU innovation supports resource extraction and construction research for Moon missions
Sustainable Drug Discovery: IIT Bombay method could make pharmaceutical synthesis faster and less wasteful
Advanced Wound-Healing Hydrogel: IIT Gandhinagar and Nirma University develop an antibiotic-free injectable material
Long-Duration Zinc-Bromine Battery: IIT-origin technology targets six-to-sixteen-hour renewable-energy storage

MSME & Start-ups

Government Plans MSME Reforms To Improve Liquidity And Ease Compliance

The Centre plans to amend the MSME Development Act during Parliament’s monsoon session, targeting persistent problems involving delayed payments, costly disputes and regulatory complexity. Proposed changes include an online dispute-resolution mechanism intended to deliver faster and more affordable outcomes for smaller enterprises.

The reforms may also decriminalise minor offences and provide statutory backing to the Udyam registration portal. These measures are designed to reduce legal exposure, strengthen formal recognition and allow business owners to devote more resources to operations and growth.

For MSMEs, the most significant potential benefit is improved cash flow through quicker recovery of dues. Effective implementation, adequate dispute-handling capacity and enforceable decisions will determine whether the amendments materially improve payment discipline.