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GOVERNMENT POLICIES AND SCHEMES - October 2026

Oct 2026

Oct 05, 2026

Kerala IT Parks Affiliation Scheme announced

The Kerala government announced the IT Parks Affiliation Scheme to bring IT and IT-enabled service companies operating outside the state's major government-owned technology parks into a unified ecosystem. The scheme aims to connect eligible companies, co-working spaces and private IT infrastructure with Technopark, Infopark and Cyberpark networks. The initiative seeks to expand collaboration, access and growth opportunities across Kerala’s technology sector under the Kerala Tech brand. The formal launch is planned in Thiruvananthapuram on 6 October 2026, coinciding with the unveiling of the Kerala Tech brand. Officials expect easier investment and streamlined approvals statewide.
  • IT Parks Affiliation Scheme announced by Kerala government.
  • Connects outside firms with Technopark, Infopark and Cyberpark.
  • Linked to Kerala Tech branding; launch on 6 October 2026.
  • Aims to boost collaboration, access and growth.
  • Seeks to attract investment and streamline approvals.

Five Centres of Excellence for Classical Languages approved

The Union Ministry of Education approved the establishment of five Centres of Excellence to promote research, preservation, digitisation and wider dissemination of India's classical-language heritage. The centres will focus on Classical Assamese, Classical Bengali, Classical Marathi, Classical Pali and Classical Prakrit. They will be established at Tezpur University, Visva-Bharati University, Deccan College Post-Graduate and Research Institute, Central University of Odisha and Central University of Gujarat respectively. Tamil is recognised as a classical language but is not included in this particular group. Officials say the initiative will strengthen academic study, digitisation projects and international collaboration for India's linguistic legacy.
  • Five Centres of Excellence approved for classical languages.
  • Languages: Classical Assamese, Bengali, Marathi, Pali, Prakrit.
  • Institutions: Tezpur University, Visva-Bharati, Deccan College, COU Odisha, CUG.
  • Tamil is recognised but not part of this group.
  • Aim: promote research, preservation, digitisation and dissemination.

Oct 04, 2026

Bank of India Launches User-Level Programmable CBDC with Auto-Issuance

Bank of India announced the launch of User-Level Programmable Central Bank Digital Currency (CBDC) with Auto-Issuance on its digital rupee platform. The capability, developed with Montran India, follows guidelines from the Reserve Bank of India and the National Payments Corporation of India. It enables users to schedule recurring transfers of e₹ to a beneficiary’s CBDC wallet by specifying the amount and frequency, and also to define the purpose for which funds may be used. The feature aims to make digital money more programmable and suitable for targeted payments, such as allowances or subsidies. The rollout reflects India's advancing CBDC program and private–public technology collaboration in payments.
  • Bank of India launched User-Level Programmable CBDC with Auto-Issuance, developed with Montran India.
  • Announcement took place at the Global FinTech Fest 2026 in Mumbai.
  • The feature allows recurring e₹ transfers and purpose-bound usage.
  • Guidelines come from RBI and NPCI.
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