West Bengal hosts 11th Kaushal Mahotsav to boost youth employment
West Bengal hosted the 11th Kaushal Mahotsav in August 2026 to promote employment opportunities for skilled youths. The programme connected job seekers with employers from multiple sectors and involved the Ministry of Skill Development and Entrepreneurship and NSDC. The event aimed to strengthen skill development programs, enhance industry linkages, and improve employment prospects for young people across the state. Officials highlighted coordinated efforts to upskill the workforce and create meaningful pathways into industry, with a focus on practical training, certification, and job placement. Local participants and businesses expressed optimism about the long‑term impact on regional employment.
Event: 11th Kaushal Mahotsav, August 2026
Goal: connect skilled youth with employers
Partners: MSDE and NSDC
Focus: skill development and employment
Outlook: improved regional job prospects
Stakeholders: government, industry, trainees
Kailaras‑Sabalgarh‑Birpur rail section inaugurated in MP
The Kailaras‑Sabalgarh‑Birpur railway section, spanning 56 kilometers in Madhya Pradesh, was inaugurated to improve regional connectivity. Located in the Gwalior‑Chambal corridor, the project involved gauge conversion to standardize track gauges and enhance rail infrastructure. Officials say the new section will facilitate smoother movement of passengers and goods, supporting local economies and supply chains. The project aligns with broader Indian rail modernization efforts and is expected to reduce travel times while boosting regional development. Authorities are optimistic that improved connectivity will attract investment and help integrate rural markets with larger urban centers.
Impact: regional development and markets integration
Part of broader rail modernization
Aug 19, 2026
PSB Confluence 2026 Held in New Delhi
The Department of Financial Services, Ministry of Finance, organised the two-day PSB Confluence 2026 in New Delhi on 17–18 August 2026. The event brought together senior officials from Public Sector Banks, Public Financial Institutions, and the Indian Banks’ Association. It focused on strengthening the banking sector and improving financial services, including reforms, digital payments adoption, risk management, and customer service enhancements. Participants reviewed policy updates and capital norms, with emphasis on financial inclusion and credit flow to small businesses. The conference announced new collaborations to expand fintech partnerships and improve nationwide banking infrastructure.
Two-day event held on 17–18 August 2026 in New Delhi
Attended by PSBs, PFIs, and IBA officials
Topics include reforms, digital payments, and risk management
Focus on financial inclusion and SME credit
New fintech collaborations announced
Aug 18, 2026
India supports Seychelles Coast Guard capacity building
India provided calibrated tools and repaired electronic components to the Seychelles Coast Guard, aiming to enhance maintenance capabilities and operational readiness. The assistance is part of ongoing maritime security cooperation in the Indian Ocean, supporting regional stability and counterpiracy efforts. Officials described the support as a practical step to strengthen Seychelles’ border protection and rescue capabilities. The handover included equipment for routine maintenance, diagnostics devices, and parts for critical systems. The gesture follows a series of cooperation initiatives between India and Seychelles in defense and security sectors, reflecting shared interests in safe sea lanes, search and rescue, and joint exercises.
India handed over calibrated tools and repaired components to Seychelles Coast Guard.
Aims to improve maintenance and operational readiness.
Part of broader India-Seychelles maritime security cooperation.
Supports safety at sea, rescue capabilities, and regional stability.
The Karnataka government approved the Sandhya Kiran contributory cashless healthcare scheme for retired state government employees, family pensioners and eligible dependents. The scheme provides annual cashless medical coverage up to ₹5 lakh per family on a floater basis, covering hospitalisation and essential treatment. It will operate under the Ayushman Bharat–Arogya Karnataka framework to improve access to care in public and private facilities. The scheme aims to reduce financial burden on senior citizens and pensioners who require medical treatment, and to expand health security in the state. Details of eligibility, contribution and empanelled hospitals will be announced by the Health Department. The policy paper will include a transparent claims process and time-bound approvals.
Scheme covers retired government employees, family pensioners and eligible dependents.
Annual cashless coverage up to ₹5 lakh per family on a floater basis.
Operates under Ayushman Bharat–Arogya Karnataka framework.
Aims to ease medical costs for senior citizens and pensioners.
Eligibility criteria and empanelled hospitals to be announced by the Health Department.
Aug 15, 2026
IIHT SUTRA 2026 National Conclave on Handloom Innovation held in New Delhi
The first National Conclave of Indian Institutes of Handloom Technology, IIHT SUTRA 2026, convened at the Dr. Ambedkar International Centre in New Delhi. The theme, 'IIHTs: Weaving the Future of the Indian Handloom Sector – Educate. Innovate. Transform.', focused on skill development, innovation, and technology adoption within the handloom sector. Delegates discussed curricula, design collaborations, and market access strategies to modernise the traditional textile industry. The conclave aimed to strengthen IIHTs' role in promoting sustainable livelihoods for weavers, expanding export-ready products, and integrating heritage crafts with modern manufacturing through coordinated policy and industry engagement.
IIHT SUTRA 2026 held in New Delhi
Theme: Educate. Innovate. Transform.
Focus on skill development and technology adoption
Discussions on curricula, design collaboration, market access
Aims to modernise India's handloom sector
Emphasis on industry-policy collaboration
Chandigarh and DNH to pilot CBDC-based food subsidy transfers
Digital rupee-based food subsidy transfers are to be piloted in Union Territories, with Chandigarh and Dadra and Nagar Haveli and Daman and Diu (DNH) among the first to adopt programmable e₹ tokens for subsidy delivery. The initiative links the Central Bank Digital Currency (CBDC) with the Public Distribution System (PDS) to improve transparency, reduce leakage, and speed up transfers to eligible beneficiaries. Programmable tokens are designed to allow subsidies to be used only for food purchases, with smart contract controls guiding redemption within defined parameters. Officials say the move is a step toward broader digital reforms in welfare schemes and could inform future rollouts across the country.
Chandigarh and DNH are among first UTs to test digital subsidy transfers.
CBDC-based PDS aims to improve transparency and efficiency.
Programmable tokens restrict subsidies to food purchases.
Part of broader digital welfare reform in India.
Digital Rupee-based food subsidies to be piloted in UTs via programmable tokens
Chandigarh and Dadra and Nagar Haveli are set to pilot programmable Digital Rupee (e₹) tokens for food subsidy transfers, marking the first Union Territory-level CBDC subsidy initiative. The plan links the central bank digital currency with the Public Distribution System to enhance transparency, traceability, and efficiency in welfare delivery. Programmable e₹ subsidies can be restricted to intended purposes, helping prevent leakage and misallocation. Beneficiaries would receive CBDC-backed subsidy credits redeemable at approved shops, subject to embedded conditions. The move forms part of broader digitalisation of welfare schemes and aims to strengthen financial inclusion while preserving subsidy integrity.
UT-level pilots for CBDC-based food subsidies announced
Programmable e₹ tokens linked to PDS to increase transparency
Subsidies restricted to intended purposes to reduce leakage
Credits redeemable at approved merchants under conditions
Part of broader welfare digitalisation effort
Aims to improve efficiency and accountability in subsidies