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Cadets to Commander Event Mumbai


Mumbai: Mr. Nand Kishore Bhatt, a Senior Corporate Security Professional, addressed over 200 National Cadet Corps (NCC) cadets of R. M. Bhatt College during the ‘Cadet to Commander’ programme, organised by the World Environment Council in collaboration with Guru Dakshina Alumina. The initiative focused on leadership development, discipline, and character building among youth.

The programme carried a deeper significance as it reflected the inspiring journey of Mr. Bhatt himself a professional whose foundation was laid through NCC training. From the parade ground to the corporate boardroom, he credited NCC for shaping his personality, discipline, physical fitness, leadership mindset, and the confidence that helped him succeed in professional life.

Speaking to the cadets, Mr. Bhatt shared how NCC was not merely an extracurricular activity, but a life-changing institution that built resilience, teamwork, time management, and a strong sense of national responsibility. He emphasised that the values learned during cadet life continued to guide him throughout his career journey.

NCC: A Launchpad for Life

During his address, Mr. Bhatt underlined that NCC creates future-ready youth by instilling:

  • Discipline and mental toughness
  • Physical fitness and endurance
  • Leadership and decision-making skills
  • Confidence to face professional challenges
  • Patriotism and commitment to nation-building

He encouraged cadets to treat every drill, camp, and activity as an opportunity to prepare themselves for bigger responsibilities in life.

Giving Back to the Institution That Built Him

Mr. Bhatt said that standing before NCC cadets today was an emotional and proud moment, as it gave him the chance to give back to the very institution that played a defining role in his own growth. He described NCC as one of India’s finest platforms for shaping youth into responsible citizens and future leaders.

He motivated cadets to dream big, remain grounded in values, and use the discipline of NCC to excel in fields such as corporate leadership, defence services, entrepreneurship, public administration, and social service.

Inspiring Interaction with Cadets

The session saw enthusiastic participation from cadets, many of whom engaged with questions on career planning, fitness, leadership, and balancing ambition with discipline. Mr. Bhatt’s practical insights and relatable experiences made the interaction highly impactful.

Organisers Appreciated

The World Environment Council and Guru Dakshina Alumina were appreciated for organising the programme, which successfully connected experience with aspiration and reinforced NCC’s role in building the next generation of disciplined, capable, and nation-first youth.

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The rollout of GST 2.0 has simplified India’s indirect tax regime by rationalising rates, but it has also led to unintended consequences for several industries. Officials and industry representatives indicate that the reforms have deepened the issue of inverted duty structures, particularly in sectors where input costs remain taxed at higher rates than final products.

The Goods and Services Tax (GST) overhaul, approved by the GST Council in September 2025, removed the 12% tax slab and shifted many goods into the lower 5% bracket. The move aimed to simplify compliance and stimulate consumption. However, it has created a mismatch in tax rates across supply chains.

An inverted duty structure occurs when the tax on inputs exceeds the tax on finished goods. This has become more pronounced after GST 2.0, with many input services such as logistics, advertising, and packaging continuing to attract tax rates of around 18%, while final products are taxed at 5%.

Sectors such as textiles, food processing, and electric vehicles are among the most affected. In the food processing industry, for instance, finished goods were moved to the 5% bracket, while inputs like packaging materials and services remain taxed at higher rates. This has widened the gap between input and output taxes.

A similar pattern is visible in the textile sector, where finished goods are taxed at 5%, but key raw materials and services continue at 18%. Industry representatives say this results in the accumulation of input tax credit, as businesses pay more tax upfront than they can recover through sales.

The issue extends to other industries as well. In the case of vaccines, final products are taxed at lower rates, while specialised inputs and chemicals fall under higher tax brackets. Packaged food products and consumer goods, including stationery items, also reflect this mismatch.

Industry officials explain that the impact is particularly significant for small and medium enterprises. Manufacturers often pay higher GST on inputs such as steel, rubber, or packaging materials, while selling finished products at lower tax rates. The excess tax paid must be claimed as refunds.

However, delays in processing these refunds have led to liquidity challenges. Businesses report that funds remain locked for extended periods, affecting working capital and day-to-day operations. This is especially burdensome for smaller firms with limited financial buffers.

According to officials, the GST 2.0 reforms prioritised demand stimulation by reducing tax rates on final goods. While this approach may support consumption, it did not fully account for tax design principles aimed at avoiding inversion.

Earlier rate rationalisation efforts had attempted to align input and output tax rates more closely. In contrast, the recent changes focused more on reducing prices for consumers, leading to structural imbalances in certain sectors.

The developments highlight the need for further adjustments in the GST framework to address inversion-related challenges. Industry stakeholders have called for corrective measures, including rate alignment and faster refund mechanisms, to ease financial pressure on businesses.

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West Bengal recorded a voter turnout of 92.47% in the second and final phase of Assembly elections held on April 29, 2026, marking one of the highest participation rates in the State’s electoral history. Combined with the first phase, the overall turnout stood at nearly 93%, the highest recorded in any Assembly election in the State since Independence, according to the Chief Electoral Officer.

Polling in the second phase covered 142 Assembly constituencies across seven districts in south Bengal. Among these, rural districts reported the highest participation, with Purba Bardhaman recording 93.39%, followed by Hooghly (91.41%), South 24 Parganas (91.45%), North 24 Parganas (91.39%), and Nadia (91.35%). Urban centres saw relatively lower turnout, with Kolkata South recording 87.25% and Kolkata North at 88.91%, while Howrah reported 90.93%.

The high turnout follows a similarly strong participation in the first phase held on April 23, where 93.19% of voters cast their ballots across 152 seats. Chief Election Commissioner Gyanesh Kumar described the turnout as the highest since Independence, highlighting the scale of voter engagement.

The election, however, was not without tensions. Chief Minister Mamata Banerjee alleged interference by central forces, accusing them of acting under instructions from the Bharatiya Janata Party. She questioned the conduct of polling and raised concerns about fairness.

Tensions were particularly visible in Bhabanipur, where BJP leader Suvendu Adhikari faced protests from Trinamool Congress supporters. Similar confrontations were reported in other constituencies, including Kolkata Port and Noapara, where clashes between rival party supporters led to disruptions.

Allegations also emerged regarding irregularities in some polling booths. In the Falta constituency, claims were made that voting buttons on electronic voting machines were obstructed, while reports of clashes involving Central Armed Police Forces (CAPF) surfaced in multiple areas. The Trinamool Congress accused central forces of excesses, including instances of alleged assault on voters.

The Election Commission had deployed 2,321 companies of central forces to ensure security during the polling process. Senior officials from the Central Reserve Police Force and Border Security Force were present in sensitive areas to oversee law and order.

Despite isolated incidents, polling remained largely peaceful across the seven districts. Authorities confirmed that voting was conducted successfully in the majority of constituencies.

In a post-poll measure, the Election Commission has decided to retain 700 companies of central forces in the State for approximately two months to prevent any potential violence. This follows concerns based on post-election incidents reported in previous polls.

With the completion of voting, the electoral fate of 2,926 candidates across 294 constituencies has been sealed in electronic voting machines. The total electorate for the election stood at 6.81 crore voters. Vote counting is scheduled for May 4, 2026.

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In a significant political development, Raghav Chadha and six other Rajya Sabha members from the Aam Aadmi Party resigned from the party and joined the Bharatiya Janata Party on April 24, 2026.

Addressing a press conference in New Delhi, Chadha stated that more than two-thirds of AAP’s Rajya Sabha members had decided to merge with the BJP, invoking provisions under the Constitution that allow such a move without disqualification under the anti-defection law. He said that the required documents had been submitted to the Rajya Sabha Chairman.

Chadha cited ideological differences as the primary reason for his exit, stating that the party had “deviated from its principles, values and core morals.” He added that his decision followed years of internal disagreement, describing himself as being “in the wrong party.”

Along with Chadha, Sandeep Pathak and Ashok Mittal also confirmed their resignation from AAP. Other members associated with the move include Harbhajan Singh, Rajinder Gupta, Vikram Sahney, and Swati Maliwal.

The shift has reduced AAP’s strength in the Rajya Sabha from 10 members to three. The party currently also has three members in the Lok Sabha.

Reacting to the development, AAP leaders criticised the move. Sanjay Singh said that the people of Punjab would remember the names of the MPs who left the party, alleging that the BJP had been obstructing the work of the state government led by Bhagwant Mann.

Earlier this month, the party had replaced Chadha with Ashok Mittal as its deputy leader in the Rajya Sabha. AAP had accused Chadha of not participating in certain opposition activities, including signing a notice related to the removal of the Chief Election Commissioner. Chadha had responded by questioning whether raising public issues was being treated as a fault.

Under India’s anti-defection law, legislators can avoid disqualification if at least two-thirds of members agree to merge with another party. Chadha maintained that this threshold had been met in the current case.

The BJP welcomed the development, with party spokespersons stating that it reflected internal issues within AAP. Statements from BJP leaders described AAP as being in disarray, while criticising its governance record.

The political shift comes at a time of heightened electoral activity and may have implications for party dynamics in Parliament, particularly in the Rajya Sabha where numbers play a key role in legislative proceedings.

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Leader of the Opposition in the Lok Sabha, Rahul Gandhi, on Monday urged the Bharatiya Janata Party (BJP) to implement the Women’s Reservation Bill introduced in 2023, stating that the entire Opposition would support it if brought forward in Parliament.

Addressing an Assembly election campaign rally near Naguneri in Tamil Nadu, Gandhi said that if the government was committed to women’s representation, it should table the earlier version of the Bill for immediate implementation rather than delaying it.

He noted that the 2023 Bill proposed reserving one-third of seats in Parliament and State Assemblies for women. According to him, the Opposition had supported this provision but had opposed recent legislative efforts due to concerns over potential changes in the electoral structure.

Gandhi alleged that the recent approach to the legislation was linked to delimitation efforts that could alter the distribution of parliamentary seats among states. He expressed concerns that such changes might reduce representation for southern states, northeastern regions, and smaller states, thereby affecting the federal balance.

Referring to the constitutional framework, he stated that India is defined as a “Union of States,” emphasising the importance of maintaining diversity in language, culture, and political representation. He added that any move perceived as weakening this structure would face opposition in Parliament.

The Congress leader also criticised the ideological stance of the BJP and the Rashtriya Swayamsevak Sangh, alleging that their vision of governance promotes uniformity over diversity. He contrasted this with what he described as the constitutional vision of pluralism.

During his speech, Gandhi referred to Tamil Nadu’s cultural and historical identity, describing it as one of the world’s oldest civilisations with a distinct linguistic and cultural heritage. He stated that regional identities should be preserved and respected within the national framework.

He also commented on political alliances in the state, criticising the All India Anna Dravida Munnetra Kazhagam for its association with the BJP. According to him, the alliance reflects a shift from the party’s earlier political stance.

Gandhi further highlighted his nationwide outreach through the Bharat Jodo Yatra, describing it as an effort to promote unity and counter social divisions. He stated that the initiative aimed to reinforce values of peace, harmony, and inclusivity.

At the beginning of his address, Gandhi expressed condolences to the families affected by a recent firecracker unit accident in Virudhunagar district.

The remarks come amid ongoing political campaigning in Tamil Nadu, where issues of representation, federal structure, and social justice continue to be central to electoral discourse.

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The Union Cabinet has approved a draft amendment Bill aimed at operationalising the Women’s Reservation Act in time for the 2029 Lok Sabha elections.

The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi. The proposed amendment seeks to revise the implementation framework of the Nari Shakti Vandan Adhiniyam, formally known as the Constitution (106th Amendment) Act, which was passed in 2023.

Expansion of Lok Sabha Strength

A key provision in the proposal is the expansion of the Lok Sabha from its current strength of 543 seats to 816 seats. This increase will follow a fresh delimitation exercise aimed at redrawing constituency boundaries.

One-Third Reservation for Women

Out of the expanded House, approximately one-third of the seats 273 in total are proposed to be reserved for women. The reservation will also apply within Scheduled Caste (SC) and Scheduled Tribe (ST) categories, ensuring representation across different social groups.

Delimitation Based on 2011 Census

In a departure from earlier provisions, the government plans to conduct delimitation based on the 2011 Census data, instead of waiting for updated population figures from a future Census.

This move is intended to expedite the implementation of women’s reservation, which under the existing framework was linked to the completion of a new Census and subsequent delimitation exercise.

Next Steps in Parliament

The amendment Bill is expected to be introduced and taken up for discussion during the extended sittings of the Budget Session scheduled from April 16 to April 18.

The proposed changes mark a significant step toward operationalising women’s reservation in Parliament, with implementation targeted ahead of the next general elections in 2029.

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FY27 growth

India entered 2026 with strong economic momentum, supported by domestic consumption, infrastructure investment, and a stable macroeconomic environment. Growth projections for FY27 were initially placed near the 7% mark. However, escalating geopolitical tensions in West Asia have introduced new uncertainties, with recent estimates suggesting a possible moderation in growth.

Energy Dependence and External Vulnerability

A key factor influencing India’s economic outlook is its dependence on energy imports. A significant share of crude oil is sourced from West Asia, making the economy sensitive to disruptions in the region.

Instability linked to conflict or shipping risks in critical routes such as the Strait of Hormuz can lead to sharp increases in global oil prices. This, in turn, raises domestic fuel costs and contributes to inflationary pressures.

Impact on Consumption and Inflation

Higher fuel and energy costs tend to affect household spending patterns. As essential expenses increase, discretionary consumption may slow, impacting overall demand in the economy.

Rising inflation can also influence monetary policy decisions, potentially limiting the scope for interest rate adjustments aimed at supporting growth.

Pressure on Industry and Investment

Sectors such as transportation, logistics, aviation, and manufacturing are particularly sensitive to fuel price changes. Increased operational costs may affect profitability and pricing strategies.

At the same time, global uncertainty can lead to cautious investment behaviour. Companies may delay expansion plans, while foreign capital flows could moderate, affecting economic activity and job creation.

Financial Market Reactions

Geopolitical tensions often lead to volatility in financial markets. Movements in equity markets, currency exchange rates, and bond yields reflect shifting investor sentiment.

A weakening rupee can further increase the cost of imports, adding to inflationary pressures and complicating macroeconomic management.

Policy Considerations

In this environment, policymakers may need to balance growth and stability. Measures to manage inflation, support vulnerable sectors, and maintain fiscal discipline become increasingly important.

Options such as targeted fiscal support, strategic reserves, and diversification of energy sources may be considered to mitigate external risks.

Contextualising the Growth Outlook

Despite potential moderation, India’s growth remains comparatively strong among major economies. Structural factors, including a large domestic market, digital expansion, and continued public investment, provide resilience against external shocks.

The trajectory of growth will depend significantly on how the geopolitical situation evolves. A stabilisation in global energy markets could help restore confidence and support economic recovery.

Outlook Ahead

The current situation highlights the interconnected nature of global and domestic economies. External developments, particularly in energy markets, continue to play a significant role in shaping economic outcomes.

While risks have increased, the long-term fundamentals of the Indian economy remain intact. The coming months will be critical in determining whether the current challenges represent a short-term disruption or a more sustained shift in growth dynamics.

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Lok Sabha

Both Houses of Parliament were adjourned on Thursday, with the ongoing Budget Session set to reconvene on April 16 after a scheduled recess.

Key Legislation Passed in Lok Sabha

The Lok Sabha passed the Central Armed Police Forces (General Administration) Bill, 2026, by voice vote. The legislation had earlier been approved by the Rajya Sabha.

The Bill outlines provisions related to deputation in senior ranks within Central Armed Police Forces (CAPFs). It mandates that 50% of posts at the rank of Inspector General be filled through deputation, while at least 67% of Additional Director General posts are to be filled in a similar manner. Positions at the ranks of Special Director General and Director General are to be filled entirely through deputation.

Rajya Sabha Clears Jan Vishwas Amendment Bill

The Rajya Sabha passed the Jan Vishwas (Amendment of Provisions) Bill by voice vote. The legislation proposes wide-ranging changes across multiple laws.

It aims to amend 784 provisions across 79 Central Acts administered by 23 ministries. Of these, 717 provisions are set to be decriminalised, while 67 provisions are to be modified, with the objective of improving regulatory compliance and facilitating ease of living.

Amaravati Recognised as Andhra Pradesh Capital

Parliament also passed a Bill recognising Amaravati as the sole and permanent capital of Andhra Pradesh. The Rajya Sabha approved the legislation by voice vote, with support from most political parties, while the YSR Congress Party opposed the measure.

Session to Reconvene for Constitutional Amendments

Union Parliamentary Affairs Minister Kiren Rijiju confirmed that the Budget Session would not be adjourned sine die but placed in recess.

He stated that Parliament would reconvene for a specific period to consider amendments related to the Constitution (One Hundred and Sixth Amendment) Act, commonly referred to as the Women’s Reservation Act, 2023.

Legislative Activity Continues

The session saw the passage of several key bills across both Houses, reflecting ongoing legislative activity on administrative reforms, governance frameworks, and policy implementation.

The reconvening of Parliament later in April is expected to focus on constitutional and legislative priorities currently under consideration.

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India’s economic growth outlook for FY27 faces potential downside risks amid escalating geopolitical tensions in West Asia, according to Chief Economic Adviser V. Anantha Nageswaran.

In the Finance Ministry’s Monthly Economic Review for March, the CEA noted that the earlier GDP growth projection of 7–7.4% may be difficult to sustain under current global conditions. He indicated that clearer trends would emerge based on high-frequency data from April and May.

Impact of Rising Energy Prices

The conflict in West Asia has led to a sharp increase in crude oil prices, raising concerns about its impact on India’s import bill and overall economic stability. Higher energy costs are expected to influence domestic demand and may widen the current account deficit.

India’s crude basket price rose significantly in March compared to February, reflecting volatility in global energy markets.

Growth and Inflation Risks

The CEA highlighted that while moderate increases in crude prices may have a limited macroeconomic impact, sustained high prices could affect both growth and inflation.

He indicated that crude prices at elevated levels over multiple quarters could push inflation higher while reducing growth momentum. Global financial institutions have also begun revising India’s growth forecasts downward in response to evolving conditions.

Market Reactions and External Pressures

Financial markets have shown signs of stress amid the ongoing crisis. Foreign investment outflows, currency depreciation, and rising bond yields point to increased uncertainty.

The Indian rupee has weakened against the US dollar, while equity markets have recorded declines and borrowing costs have risen due to inflation concerns.

Key Transmission Channels

The CEA identified several channels through which the crisis could impact the Indian economy:

  • Disruptions in supply of oil, gas, fertilisers, and exports
  • Higher import costs
  • Increased logistics and transportation expenses
  • Potential decline in remittances from Indian workers in Gulf countries

These factors could collectively affect growth, inflation, fiscal balance, and the external account.

Policy Response and Fiscal Strategy

Nageswaran emphasised the need for calibrated policy responses to manage the evolving situation. He suggested prioritising support for vulnerable households and businesses while maintaining macroeconomic stability.

He also highlighted the importance of building strategic reserves and strengthening resilience in key sectors beyond energy.

Outlook and Uncertainty

While a ceasefire and restoration of normal shipping through critical routes like the Strait of Hormuz could improve the outlook, uncertainty remains around the timeline for recovery.

The CEA advised policymakers to plan for gradual normalisation rather than a rapid resolution, given the complexities of the situation.

Government Measures

Recent policy steps, including adjustments in fuel-related duties, aim to cushion the impact of rising global prices on domestic consumers. However, such measures may have implications for government revenues.

As global developments continue to unfold, India’s economic trajectory in FY27 will depend on both external conditions and domestic policy responses.

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Finance Bill 2026 Passed in Lok Sabha

New Delhi: The Lok Sabha passed the Finance Bill, 2026, marking a key legislative step required to implement proposals outlined in the Union Budget for 2026–27.

Finance Minister Nirmala Sitharaman addressed the House during the discussion on the Bill, which was later approved through a voice vote. The legislation provides legal backing for changes in income tax rates, as well as revisions in customs and excise duties.

Opposition Raises Concerns

Several Opposition members opposed the introduction of the Bill, raising concerns over specific provisions. Among those who spoke against it were Manish Tewari, Sougata Ray, and T Sumathy.

They argued that certain provisions in the proposed legislation could weaken aspects of Corporate Social Responsibility (CSR) regulations. The government, however, proceeded with the passage of the Bill.

Protest Over LPG Supply Concerns

Outside Parliament, Opposition leaders staged a protest within the Parliament House complex over concerns related to a reported LPG supply crunch linked to the ongoing conflict in West Asia.

Leaders including Mallikarjun Kharge, Supriya Sule, Dharmendra Yadav, Sudama Prasad, T Sumathy, and Mahua Maji were among those present near the Makar Dwar during the demonstration.

All-Party Meeting on West Asia Crisis

Amid rising concerns over the geopolitical situation in West Asia, Union Home Minister Amit Shah is scheduled to chair an all-party meeting later in the day.

The meeting aims to brief political leaders on the evolving situation and its potential economic and security implications for India. The initiative follows remarks by Prime Minister Narendra Modi in both Houses of Parliament, where he described the situation as an unprecedented crisis with possible long-term effects.

The government’s outreach to political parties comes as global developments continue to influence energy markets and domestic supply concerns.

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