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legislation The Hindu Biz Tuesday, 21 April 2026 NEW

Can Israel’s economy sustain conflicts on multiple fronts?

Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.

Summary

The Bank of Israel’s preliminary estimates suggest that Israel’s war with Iran came at the cost of 35 billion shekels ($11.52 billion) in budgetary expenses. Its operations in Gaza till 2025 cost the country around 8.6% of its annual gross domestic product.

Key Facts

Type Legislation
Source The Hindu - Business
Published Tuesday, 21 April 2026
Affected Population ~850 million internet users, 75,000+ startups

Key Numbers

Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
GDP: $3.9 trillion (2025 est.)

Key Authorities

Ministry of Electronics & ITTRAICERT-InMinistry of FinanceRBI

Key Stakeholders

Internet UsersTech CompaniesStartupsTaxpayersBanks & NBFCsInvestors

Government Context

NDA III BJP-led NDA
Centre-Right
Left Centre Right

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