One State One RRB Plan

10 Apr 2025 CW Team

The Central government is set to roll out the “One State One Regional Rural Bank (RRB)” reform plan aimed at streamlining rural banking services across India. As part of this plan, 43 existing RRBs will be consolidated into 28, aligning each RRB with a specific state to ensure improved efficiency, operational coherence, and enhanced rural financial outreach. Led by the Ministry of Finance and supported by NABARD, the merger is expected to address overlapping jurisdictions and optimise resource use. The plan also aims to strengthen financial inclusion by enabling better governance, reducing duplication, and enhancing credit delivery mechanisms to rural populations.

States like Assam, Odisha, and Uttar Pradesh will be among the key beneficiaries, where multiple RRBs currently operate. The reform is designed to complement the government’s broader goals of digital banking penetration and streamlined rural lending.

Following the merger, each RRB will be sponsored by a public sector bank, in line with state-level cooperative banking strategies. The central government believes this restructuring will foster stronger financial institutions, reduce administrative overhead, and better align rural banking with national development priorities. Implementation is expected to begin soon with stakeholder consultations underway.

Infrastructure Urban

13 Oct 2025

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..