India Signs Over ₹1 Lakh Crore in Global Agribusiness Deals, Launches Major Employment Scheme and Accelerates Reforms

India marked a significant day for its development agenda with the government signing investment agreements worth ₹1.02 lakh crore with 26 international corporations as part of the World Food India 2025 Summit. These strategic collaborations aim to fortify India’s position in global food processing and agricultural value chains, enabling technological upgrades, export growth, and enhanced sustainability within the sector. Such partnerships are expected to create new jobs, bolster farmer income, and bring innovative practices into the agri-food ecosystem, contributing to the nation’s long-term economic growth.

On the social front, Prime Minister Narendra Modi launched the Bihar Mukhyamantri Mahila Rojgar Yojana, transferring ₹10,000 directly to the bank accounts of 75 lakh women. This initiative of ₹7,500 crore seeks to promote employment and financial independence for women across Bihar, aligning with a broader goal for inclusive economic empowerment of underrepresented communities.

India’s technology sector saw continued momentum, with total commitments of around ₹1.6 lakh crore in semiconductor manufacturing across six states, indicating expansion in electronics and digital infrastructure. Meanwhile, industrial enterprises are embracing talent upskilling—Larsen & Toubro’s EduTech initiative has reached 165 companies, equipping employees with sector-relevant certifications that bridge the gap between higher education and industry requirements.

Public sector reforms moved ahead with the government actively pursuing privatization of five major banks, signaling a commitment to modernize financial services and foster competitive efficiency in the banking landscape. Health and education developments also featured, such as public demand for more MBBS seats in government medical colleges and efforts to improve diabetes care with early intervention strategies.

Together, these milestones reflect India’s ambitious push to integrate technology, foster inclusive growth, reform key institutions, and elevate its standing in the global economy.

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