India-UK free trade pact to take effect July 15 after breakthrough in steel deadlock
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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
Indian exporters of textiles, footwear, gems & jewellery to gain; social security pact to protect short-term expat workers from being double taxed
Key Facts
Type Legislation
Source BusinessLine - Economy
Published Wednesday, 17 June 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right