![Illustration about Economy: The [Ministry of Statistics and Programme Implementation] (MoSPI) has announced a revision of the [Index of Industrial P](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-05-27%2Fnew-iip-series-to-track-cctv-cameras-stents-vaccines-card-products-7a0e5e31.png&w=1200&q=75)
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New IIP series to track CCTV cameras, stents, vaccines, card products
The [Ministry of Statistics and Programme Implementation] (MoSPI) has announced a revision of the [Index of Industrial Production] (IIP) base year from 2011-12 to 2022-23, effective June 1. The revised framework significantly expands its coverage by adding contemporary items like CCTV cameras and vaccines, while removing obsolete products like kerosene and CFLs, aiming to provide a more accurate reflection of current industrial activity.
Must ReadAssam Assembly passes Uniform Civil Code Bill
The Assam Assembly has passed the Uniform Civil Code (UCC) Bill, 2026, making it the third state after Uttarakhand and Gujarat to enact such legislation. The Bill proposes a common framework for marriage, divorce, inheritance, and live-in relationships, but significantly exempts Scheduled Tribes (STs).
Read on The HinduDive Into Study Notes
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLT
The government has operationalized the [Insolvency and Bankruptcy Code (Amendment) Act, 2026], aiming to expedite the resolution of stressed assets and prevent value erosion. Key provisions include a strict 14-day deadline for the [National Company Law Tribunal (NCLT)] to admit insolvency cases and prioritizing secured creditors over government dues during liquidation.
Rajya Sabha defections, constitutional questions
The defection of seven out of ten Aam Aadmi Party (AAP) Rajya Sabha MPs to the Bharatiya Janata Party (BJP) has sparked a constitutional debate regarding the interpretation of the 'merger' exception under the [10th Schedule] of the Constitution. The defecting MPs claim legitimacy under Paragraph 4 of the Schedule, arguing that a two-thirds majority of the legislature party allows for a merger, while the AAP has petitioned the Rajya Sabha Chairman for their disqualification.
Read on The HinduDive Into Study Notes
Must ReadIndia’s energy strategy needs price correction
The Strait of Hormuz has become a geopolitical flashpoint, severely disrupting global energy markets and raising concerns about India's energy security. While India has largely shielded domestic consumers from immediate price shocks through strategic reserves, supply diversification, and financial absorption by Oil Marketing Companies (OMCs), this strategy is increasingly unsustainable.
Read on The HinduDive Into Study Notes
Must ReadVB-G RAM G rules: What changes as the new job scheme replaces MGNREGS from July 1?
The Union government has released draft rules for the implementation of the new Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, which will replace the two-decade-old [MGNREGA] scheme from July 1. The new [VB-G RAM G Act] introduces significant changes, including an increase in guaranteed workdays, a shift in the funding burden towards states, and a top-down approach to resource allocation based on Finance Commission formulas.
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