Archives March 2026

Andersen Consulting Adds Collaborating Firm Milestone Technologies

Business Wire India

 

Andersen Consulting continues to strengthen its digital transformation platform with the addition of U.S.-based collaborating firm Milestone Technologies, a proven global IT services and digital solutions provider.

 

Founded in 1997, Milestone Technologies delivers end-to-end technology and outsourcing solutions spanning digital workplace services, cloud and infrastructure management, data, AI and automation, applications and digital engineering, business process outsourcing, and platform implementation for ServiceNow and Salesforce. Headquartered in Fremont, California, Milestone operates in 35 countries globally and works with some of the world’s largest enterprises. The firm’s integrated delivery model empowers clients to transform IT operations, boost service efficiency, and scale technology ecosystems seamlessly worldwide.

 

 

“Milestone Technologies, an employee-first organization, delivers measurable business outcomes and accelerates digital transformation for clients across industries through deep technical and process expertise,” said Sameer Kishore, CEO of Milestone Technologies. “We are excited about our collaboration with Anderson Consulting as it unites our operational excellence with their global consulting reach, enabling us to deliver unparalleled value to clients worldwide.”

 

 

“Milestone Technologies’ depth of technical expertise and managed-service capabilities enhances our ability to deliver integrated digital solutions across the globe,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “This collaboration strengthens our platform, enabling clients to move seamlessly from strategy to execution while leveraging best-in-class technology and delivery capabilities at scale.”

 

 

Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member firms and collaborating firms around the world.

 

 

 

 

 

USD 1.63 Billion In 72 Hours: Manchester City Yas Residences by Ohana Development Sets New Sales Record In Abu Dhabi

Business Wire India

 

• 35% of investors are Emiratis, while 65% are expatriates and international investors

• Milestone reflects strong demand for the project and continued confidence in the UAE’s real estate sector

 

Ohana Development, a leading UAE real estate developer renowned for its luxury projects, has recorded USD 1.63 billion in sales within 72 hours for Manchester City Yas Residences by Ohana, a gated waterfront community located along Yas Canal in Abu Dhabi, setting a new sales record in the emirate’s real estate market.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317595867/en/

 

 

Manchester City Yas Residences by Ohana (Photo: AETOSWire)

Manchester City Yas Residences by Ohana (Photo: AETOSWire)

 

Investors queued at the sales launch, reflecting the strong demand for the project. Of the investors, 35% are Emiratis, while 65% are expatriates and international buyers. In response to this significant interest, Ohana Development is expected to release additional inventory from the project soon.

 

In his comments, Husein Salem, CEO of Ohana Development, said: “We would like to express our sincere appreciation to the UAE government and its visionary leadership for fostering a stable and forward-looking investment environment. This strong foundation continues to strengthen confidence among investors and developers, supporting the resilience and growth of Abu Dhabi’s thriving real estate sector, despite any evolving circumstances.”

 

 

“The strong response to Manchester City Yas Residences by Ohana, and the sales record in just 72 hours, reflects the continued trust from investors locally and internationally, as well as the appeal of the project’s unique offering in the emirate,” added Husein.

 

 

The project spans 1.67 million square metres, with more than 55% of the masterplan dedicated to landscaped gardens and green spaces. Designed around sport and active living, Manchester City Yas Residences by Ohana will feature integrated training and recovery facilities, alongside a waterfront promenade with retail, dining and lifestyle destinations. The community will also include a marina sports club with water sports activities, as well as a range of resort-style amenities, including fitness facilities and pools.

 

 

For more information on the project and other developments, please visit: https://www.ohana.ae/

 

 

Source: AETOSWire

 

 

 

 

 

Kinaxis Advances Large-Scale Supply Chain Optimization with NVIDIA AI

Business Wire India

 

Kinaxis® Inc. (TSX: KXS), a global leader in supply chain orchestration, today announced a new milestone in advancing large-scale supply chain optimization within the Kinaxis Maestro™ platform. Maestro already delivers high-performance optimization across complex global supply chains, and Kinaxis is now extending that leadership by leveraging GPU acceleration powered by NVIDIA cuOpt™ and NVIDIA AI infrastructure.

 

As supply chains grow in scale and complexity, planning models must reconcile tens of millions of variables across extended time horizons and multiple planning levels. As model size expands, the number of potential decisions can scale into billions, dramatically increasing computational needs. Organizations are no longer constrained by insight alone. They are constrained by how quickly they can iterate.

 

 

In testing on a large-scale semiconductor planning model with nearly 50 million decision variables, Kinaxis achieved up to a 12X reduction in total end-to-end calculation time. The model covered more than 40,000 SKUs across a six-quarter daily planning horizon. Planning cycles have been shortened from more than three hours to approximately 17 minutes. Core optimization solve time improved 23X, reducing compute time by more than 95% and shifting runtimes from hours to minutes, while maintaining comparable solution quality.

 

 

This shift enables organizations to move from long-running batch processes to interactive scenario iteration, reinforcing Kinaxis’ concurrent supply chain orchestration approach and allowing planners to evaluate more alternatives within operational decision windows.

 

 

“This milestone demonstrates how accelerated computing can change the way large-scale planning problems are solved,” said Gelu Ticala, Chief Technology Officer at Kinaxis. “When optimization shifts from hours to minutes, organizations gain the ability to iterate more frequently and evaluate more alternatives. That iterative speed is essential to enabling concurrent supply chain orchestration and advancing our agent-driven strategy.”

 

 

Kinaxis supports more than 400 global enterprises, orchestrating supply chain decisions across more than $200 billion in inventory across our customer base and generating more than 250,000 scenarios each month. At this scale, optimization performance directly influences decision latency and shapes how quickly organizations can respond to production constraints and shifts in demand.

 

 

Accelerated optimization also supports Kinaxis’ broader agent-driven orchestration strategy. Agent-based workflows rely on rapid scenario iteration and trigger multiple optimization runs as they evaluate alternatives. By reducing solve times, GPU acceleration expands the number of scenarios agents can assess within practical decision windows, strengthening the foundation for more responsive and adaptive supply chain decisions.

 

 

Key advancements include:

 

 

  • Up to 12X faster solve times for a semiconductor wafer planning use case
  • GPU-accelerated optimization using NVIDIA cuOpt
  • Execution on NVIDIA AI infrastructure to support large-scale industrial models
  • Integrated within the Maestro platform, connecting data, people, and decisions across the global supply chain

 

 

“The increasing complexity of global supply chains demands a fundamental shift to accelerated decision-making,” said Alex Fender, Director of Decision Intelligence at NVIDIA. “By integrating NVIDIA cuOpt into its Maestro platform, Kinaxis is empowering customers to achieve planning agility and scenario iteration to help navigate rapid change.”

 

Kinaxis will co-present these advancements during a session at NVIDIA GTC 2026.

 

 

About Kinaxis

 

 

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

 

 

Forward-Looking Statements

 

 

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the anticipated benefits and performance improvements associated with GPU-accelerated optimization, the integration and expansion of NVIDIA cuOpt and NVIDIA GPUs within the Maestro platform, Kinaxis’ agent-driven orchestration strategy, and future innovation initiatives. Such statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.

 

 

Risks and uncertainties include, among others, factors related to technological development and integration, customer adoption, reliance on third-party technologies, competitive offerings, and other risks described in Kinaxis’ most recently filed Annual Information Form and Management’s Discussion and Analysis available on SEDAR+ at www.sedarplus.ca. Forward-looking statements are made as of the date of this release and Kinaxis undertakes no obligation to update them except as required by applicable law.

 

 

Source: Kinaxis Inc.

 

 

 

 

 

The Swoosh Meets the ‘b’: Beats and Nike Unveil Historic First-Ever Collaboration for Powerbeats Pro 2

Business Wire India

Today, Beats and Nike announced the first hardware collaboration in their shared history: Powerbeats Pro 2 – Nike Special Edition. In a landmark design shift, Beats has—for the first time—shared its iconic earbud real estate with a partner, featuring the Nike Swoosh on the right bud and the signature Beats “b” on the left.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317159868/en/

 

Powerbeats Pro 2 - Nike Special Edition

Powerbeats Pro 2 – Nike Special Edition

 

The limited-edition release marries Nike’s high-energy “Volt” color palette with the industry-leading audio tech of the Powerbeats Pro 2. The result is a performance tool built to bridge the gap between elite sport and street style.

 

The Nike Special Edition arrives in a striking matte black, Volt-speckled charging case. Upon opening, users are greeted by Nike’s “JUST DO IT” mantra printed inside the lid. While the aesthetic is new, the internals are pure power:

 

  • Pro-Level Sound: Adaptive Active Noise Cancelling (ANC) and Transparency mode
  • Biometric Integration: Built-in Heart Rate Monitoring that syncs seamlessly with the Fitness app and Nike Run Club1
  • Athlete Endurance: Up to 45 hours of battery life with the charging case and IPX4-rated sweat and water resistance2
  • Secure Fit: Signature wrap-around earhooks designed to stay put from the weight room to the 18th green

 

“This isn’t just a new colorway; it’s a collision of two brands that define performance, culture, and sports—the attributes of today’s athlete,” said Chris Thorne, CMO of Beats. “By placing the Swoosh on our hardware for the first time, we’re honoring the shared DNA of Beats and Nike—and celebrating ambassadors like LeBron James who embody both. It’s a tribute to the grit, style, and sound that push people to their limits.”

 

To accompany the launch, Beats tapped longtime brand ambassador LeBron James for a comedic campaign that proves you don’t need to be perfect to play. In “Keep Your Head in The Game,” James hits the green with less-than-elite golf skills—but with Powerbeats Pro 2, he tunes out the critics (played by professional golfer Tom Kim and actors Lionel Boyce and Travis “Taco” Bennett) and embraces the game on his own terms. Watch it here.

 

“When two iconic brands like Beats and Nike come together, it’s more than a collaboration—for me, it’s family,” said LeBron James. “I’ve been part of the Beats journey since day one with the original Powerbeats, and the Powerbeats Pro 2 represent everything I need in my daily routine, whether I’m training, recovering, or just living life. These aren’t just my go-to earbuds—they’re built for anyone who refuses to compromise on performance.”

 

To learn more about the collaboration and sign up for launch updates, visit Nike.Beats.

 

Press Kit

 

Pricing and Availability

 

Powerbeats Pro 2 – Nike Special Edition will be available to purchase on Friday, March 20, for $249.99 USD at Apple.com in the United States, United Kingdom, China, Japan, Germany, Canada, Australia, Singapore, France, Spain, India, Switzerland, the Netherlands, and Hong Kong. It will also be available at Nike.com in the United States and select Apple Store locations in the United States, United Kingdom, China, and Singapore.

 

New York
SoHo
Fifth Avenue
World Trade Center
Grand Central
Downtown Brooklyn
Williamsburg
West 14th Street
Upper West Side
Upper East Side

 

Los Angeles
The Grove
Beverly Center
Tower Theatre
Third Street Promenade
Century City
Manhattan Village

 

Chicago
Michigan Avenue
Lincoln Park

 

Miami
Aventura
Dadeland
Lincoln Road
Brickell City Centre
Miami Worldcenter
The Falls

 

London
Covent Garden
Regent Street
Brent Cross
Brompton Road
Battersea
Stratford City
White City

 

Shanghai
Shanghai iapm

 

Singapore
Marina Bay Sands
Orchard RoadJewel Changi Airport

 

1. Compatible hardware and software required.
2. Powerbeats Pro 2 are sweat and water resistant for non-water sports and exercise. Powerbeats Pro 2 were tested under controlled laboratory conditions, and have a rating of IPX4 under IEC standard 60529. Sweat and water resistance are not permanent conditions and resistance might decrease as a result of normal wear. Do not attempt to charge wet Powerbeats Pro 2; refer to https://support.apple.com/en-us/102013 for cleaning and drying instructions. The charging case is not sweat or water resistant.

 

 

 

 

 

Orange Business Summit 2026 Unveils Next-Generation Innovation with Trusted AI, Cloud, and Secure Connectivity Solutions

Mar 17: Orange Business is set to convene over 1,000 customers at the Orange Business Summit 2026 on March 17-18, unveiling a portfolio of trusted technological innovations designed to empower enterprises to adapt, operate autonomously, and ensure business continuity in an unpredictable world.

The summit will spotlight 14 breakthrough innovations, including four major new solutions based on trusted cloud environments and powered by AI: Orange Drone Guardian, Live Intelligence Studio, Live Collaboration, and reimagined enterprise communications.

Empowering Enterprises Through Trusted Innovation
“Organizations face unprecedented pressures as they navigate complex and volatile market conditions,” said Aliette Mousnier-Lompré, CEO of Orange Business. “Our commitment is stronger than ever: to help our customers build resilience and embrace the future with confidence. Possibility starts with technology you can trust, and Orange Business is uniquely positioned as the bridge between ambition and achievement.”

Attendees at the summit will experience live demonstrations across trusted connectivity, cloud, cybersecurity, and AI, providing enterprises with tools to tackle business-critical challenges while future-proofing their strategies.

Key Innovations Announced at the Summit

  • Orange Drone Guardian – Europe’s first anti-drone-as-a-service solution detects, identifies, and classifies intrusive drones in low-altitude airspace across France, with plans for expansion across Europe. Targeted at operators of critical infrastructure, public authorities, and major event organizers, it combines Orange’s sovereign infrastructure with advanced detection technologies.

  • Live Intelligence Studio – Extending the capabilities of the generative AI platform, Live Intelligence Studio empowers enterprises to securely develop, deploy, and manage intelligent AI agents. This innovation helps automate tasks and analyze data with human-like insights, ushering enterprises into the agentic era.

  • Reimagined Enterprise Communications – Integrating AI and trust, Orange Business enhances enterprise communications with features such as branded calling, deepfake detection, AI-augmented customer care, and agentic telephony. This strengthens security and operational efficiency while enabling trusted engagement between customers and employees.

  • Live Collaboration – A sovereign suite of modular collaboration tools consolidating messaging, calendars, document co-editing, video conferencing, and intranet functions into a unified platform. Hosted on Cloud Avenue SecNum and fully managed by Orange, it provides enterprises with greater control over data, costs, and architecture while mitigating vendor lock-in and cloud vulnerabilities.

Investing in a Secure and Resilient Future
The Orange Business Summit 2026 will also showcase real-world customer success stories, demonstrating how trusted innovation drives operational excellence and sustainable growth. By combining AI, secure cloud, and advanced connectivity, Orange Business is helping enterprises navigate uncertainty with confidence, enabling smarter, faster, and safer operations.

transcosmos signs a partnership agreement with the Tokyo University of Pharmacy and Life Sciences to promote pharmacist operational transformation to address the 2040 Problem

 

Contributes to community medical services through research on new services that help streamline pharmacists’ operations. By leveraging DX/BPO expertise, works on developing next-generation talent

Tokyo, Japan, Mar18:transcosmos announced its partnership with the Tokyo University of Pharmacy and Life Sciences (Location: Tokyo, Japan; President: Yoshihiro Mimaki; TUPLS). The partnership—Partnership Agreement on Promoting Pharmacist Operational Transformation to Address the 2040 Problem—is aimed at promoting the transformation of pharmacists’ operations to address the so-called 2040 Problem, a significant worker shortfall expected in Japan by 2040.

From left: Yoshihiro Mimaki, President of TUPLS, and Satoshi Takayama, Corporate Executive Officer, transcosmos

[Key points] ●An educational institution and a private-sector company will engage in a cross-industry collaboration and leverage their respective experience and expertise built over the years to resolve challenges in community medical services, including labor and resource shortages, and conduct research on new services that help streamline pharmacists’ operations.

●Discuss measures to enhance operations in communities facing pharmacist shortages and develop pharmaceutical education programs by leveraging expertise in digital transformation (DX) and business process outsourcing (BPO).

●Through education and research that combine professional pharmaceutical knowledge with DX/BPO expertise, contribute to developing next-generation talent who can support an ever-changing medical environment.

[Overview] Through this initiative, the two parties will collaborate beyond their respective fields as an educational institution and a private-sector company to contribute to community medical services by utilizing the experience and expertise each party has built over the years.

Addressing the 2040 Problem has become an urgent challenge for Japan, as the country is expected to face both increased medical demand and a shortage of medical professionals leading up to 2040, the year when second-generation baby boomers will turn 65 or older. Communities that are expected to face a severe shortage of pharmacists, in particular, must streamline operations while maintaining the quality of medical services with limited human resources.

Under this partnership agreement, transcosmos and TUPLS will work closely together and utilize their respective strengths and resources to resolve challenges in community medical services arising from the 2040 Problem, such as workforce and resource shortages, and conduct research on new services that support the streamlining of pharmacists’ operations. More specifically, the two parties will discuss measures to enhance operations in communities facing pharmacist shortages and will work on developing pharmaceutical education programs leveraging expertise in digital transformation (DX) and business process outsourcing (BPO).

Through education and research that combine professional pharmaceutical knowledge with DX/BPO expertise, the two parties will also contribute to developing next-generation talent who can support an ever-changing medical environment.

As the development of the so-called Community-based Integrated Care System progresses in recent years, pharmacists are expected to actively engage in community medical services and take on wider roles. At the same time, they are expected to adopt new approaches that increase work efficiency through digital technologies and optimize operational processes.

transcosmos and TUPLS will promote effective collaboration and drive advanced initiatives to help build a sustainable community-based medical service system toward 2040.

[Comments from project representatives] Yoshihiro Mimaki, President, Tokyo University of Pharmacy and Life Sciences “We are excited to have the opportunity to utilize transcosmos’s DX and BPO expertise for student education and research to address challenges that future pharmacists and medical professionals will face, such as operational efficiency and worker shortages. Through this new industry-academia collaboration, we will contribute to resolving challenges in community medical services by promoting education and research that combine pharmaceutical expertise with the latest digital technologies and by developing talent who can support an ever-changing medical environment.”

Satoshi Takayama, Corporate Executive Officer, transcosmos inc. “We are delighted with this partnership agreement with the Tokyo University of Pharmacy and Life Sciences, which aims to transform pharmacists’ operations to address the 2040 Problem. We are sincerely grateful for this opportunity to apply our DX and BPO expertise that we have built over the years to the field of pharmacist operational transformation and contribute to resolving challenges in community medical services. We expect that our efforts in research and education through this partnership will help develop next-generation talent who will lead the medical field of the future.”

transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries. Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

 

India’s 1.4 Billion People Key to Global Green Transition; Green Infrastructure to Drive Growth: Jitendra Singh

India, home to nearly 1.4 billion people, holds a pivotal role in the global transition towards a greener future, said Jitendra Singh, Union Minister of State (Independent Charge) for Ministry of Science and Technology and Ministry of Earth Sciences, while addressing the 10th Sustainable Business Futures Summit 2026.

The minister said that India stands at a decisive stage in the global shift towards a green economy, and its development trajectory will significantly influence the success of worldwide sustainability efforts.

“With a large share of the world’s population, India’s progress will play a critical role in shaping the outcome of the global green transition,” he said, adding that the country now has both an opportunity and responsibility to emerge as a leading driver of sustainable development powered by clean energy and green technologies.

India’s 1.4 Billion People Key to Global Green Transition; Green Infrastructure to Drive Growth: Jitendra Singh

Green Infrastructure as Growth Engine

Highlighting the country’s future growth strategy, Singh said green infrastructure will be a central pillar of India’s economic expansion in the coming decades. According to him, the global economy is increasingly moving towards recycling, regeneration and environmentally sustainable technologies, and India is aligning its development pathway with these priorities.

He noted that India’s economic journey over the past decade has been marked by a strong expansion of its innovation ecosystem. The country now hosts over two lakh startups, placing it among the world’s leading startup ecosystems.

Notably, nearly half of these startups are emerging from Tier-II and Tier-III cities, indicating a significant shift in entrepreneurial activity beyond traditional metropolitan hubs.

Clean Energy for Emerging Technologies

The minister also emphasised the need for a robust clean energy ecosystem to support emerging sectors such as data centres and artificial intelligence, which require reliable and continuous energy supply.

In this context, Singh highlighted the significance of the SHANTI Act, describing it as a major reform that opens India’s nuclear energy sector to wider participation, including private players, and enables the expansion of clean and dependable power generation.

Integrated Approach to Green Transition

India’s approach to sustainability, Singh said, is based on an integrated strategy that combines technological innovation, economic growth and environmental protection.

This includes:

  • Development of next-generation energy systems

  • Advanced energy storage technologies

  • Flexible and digitally enabled power grids capable of integrating multiple energy sources such as solar, wind, nuclear and hydrogen

  • Climate modelling and risk analytics

  • Sustainable construction technologies

Net Zero and Sustainable Lifestyles

Referring to policy direction from Narendra Modi, Singh reiterated that India has committed to achieving net-zero emissions by 2070. He also highlighted the importance of the Lifestyle for Environment (LiFE) initiative, which promotes sustainable consumption and environmentally responsible lifestyles.

According to the minister, this reflects India’s broader vision of inclusive and responsible growth aligned with global environmental priorities.

Circular Economy and Collaborative Action

Singh also underscored the growing importance of circular economy practices, noting that innovative waste-to-wealth initiatives are helping redefine the concept of waste by converting it into economic and environmental value.

Looking ahead, he said future infrastructure development must prioritise climate resilience, sustainable urban systems, clean mobility solutions and water security, supported by collaboration between government, industry and research institutions.

“The era of working in silos is over,” Singh said, stressing that collective action and partnerships will be critical for achieving long-term sustainability and building a green future.

Empowering Panchayats: Inside the Latest Rs.1,789 Crore Rural Funding Push

The Union government’s recent release of over ₹1,789 crore in untied grants to rural local bodies across five states marks another step in strengthening grassroots governance in India. The funds, disbursed under the recommendations of the Fifteenth Finance Commission, will benefit Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in Chhattisgarh, Gujarat, Madhya Pradesh, Telangana and Maharashtra.

While the announcement appears routine—Finance Commission grants are released regularly—its broader significance lies in how these funds are reshaping fiscal decentralisation and accountability in India’s rural governance framework.

Strengthening the Fiscal Backbone of Panchayats

India’s Panchayati Raj system comprises more than 2.6 lakh Gram Panchayats, making it one of the largest grassroots governance networks in the world. However, many of these institutions historically struggled with limited financial autonomy and dependence on state governments.

Finance Commission grants have gradually become a crucial funding source for rural local bodies. The 15th Finance Commission recommended over ₹2.36 lakh crore for rural local bodies between FY 2021 and FY 2026, making it one of the largest fiscal transfers aimed directly at local governance.

The latest release of ₹1,789 crore reflects the Centre’s continued push to ensure that funds reach local institutions capable of delivering essential services and development works in villages.

Why Untied Grants Matter

A significant feature of this release is that it primarily consists of Untied Grants, which give local governments flexibility to address location-specific development needs.

Unlike centrally sponsored schemes that come with strict guidelines, untied funds can be used across the 29 subjects listed in the Eleventh Schedule of the Constitution, including rural infrastructure, local roads, agriculture support services, drinking water, sanitation, and community assets.

This flexibility is critical because rural development needs vary widely—from water management in drought-prone regions to sanitation infrastructure in densely populated villages.

Compliance-Driven Funding

Another key aspect of the grant release is that fund disbursement is tied to compliance and financial accountability.

The grants are recommended by the Ministry of Panchayati Raj and the Department of Drinking Water and Sanitation under the Ministry of Jal Shakti, and then released by the Ministry of Finance.

States receive funds in two installments each year, but only after meeting eligibility conditions such as:

  • Submission of utilisation certificates for previous grants

  • Completion of audits

  • Uploading development plans on digital governance platforms

  • Compliance with financial reporting systems

The fact that a portion of funds released in this cycle represents previously withheld installments highlights how the system is increasingly linking fiscal transfers to governance performance.

Regional Implications

Among the five beneficiary states, Madhya Pradesh and Gujarat received the largest shares, reflecting their large number of Panchayati Raj institutions.

In Chhattisgarh and Telangana, the grants will help support local governance in predominantly rural regions where Panchayats play a central role in delivering public services.

Meanwhile, the release of withheld funds to Maharashtra indicates improved compliance by local bodies that had earlier missed eligibility requirements.

Beyond Funding: Improving Service Delivery

Although Finance Commission grants are often seen as fiscal transfers, their impact goes beyond funding. The grants are designed to improve service delivery outcomes at the local level, particularly in areas such as sanitation, drinking water supply and rural infrastructure.

Tied grants, which accompany untied grants in the Finance Commission framework, focus specifically on water and sanitation services—two sectors where Panchayats have a direct implementation role.

This aligns with national programmes such as rural sanitation and drinking water initiatives, where local institutions are expected to manage and maintain assets over the long term.

The Bigger Governance Shift

The latest grant release also reflects a broader shift in India’s governance model toward decentralised development and digital transparency.

Over the past few years, digital platforms have been introduced to track Panchayat finances, planning and audits, making it easier for the Centre and states to monitor fund utilisation.

As a result, rural local bodies are gradually transitioning from being passive recipients of funds to accountable local governments responsible for planning and execution.

A Continuing Experiment in Decentralisation

India’s Panchayati Raj system has often been described as one of the most ambitious decentralisation experiments in the world. However, its success depends heavily on whether local institutions receive adequate financial resources and the capacity to use them effectively.

The latest Finance Commission grant release underscores the Centre’s commitment to strengthening this system—but it also highlights the growing emphasis on performance, compliance and accountability.

If implemented effectively, such fiscal transfers could help transform Panchayats into more responsive institutions capable of addressing the diverse development needs of rural India.

15th Finance Commission Grants Strengthen Rural Governance Through Panchayats

India’s rural local governance system has received a major financial push under the recommendations of the Fifteenth Finance Commission, which has allocated substantial grants to Rural Local Bodies (RLBs) during the award period from FY 2020–21 to FY 2025–26.

The 15th Finance Commission recommended ₹60,750 crore for FY 2020–21 (interim period) and ₹2,36,805 crore for the period FY 2021–2026 to support rural local governance institutions such as Gram Panchayats, Block Panchayats and District Panchayats. These grants aim to strengthen grassroots democracy, improve local service delivery and support development at the village level.

Allocation Framework for Rural Local Bodies

The fund allocation framework developed by the Finance Commission is based on a population–area formula, with 90% weightage given to population and 10% to geographical area for inter-state distribution.

Within states, the distribution among different tiers of Panchayati Raj institutions is guided by the recommendations of the respective State Finance Commissions and must fall within the following ranges:

Tier Minimum Share Maximum Share
Gram Panchayats 70% 85%
Block Panchayats 10% 25%
District Panchayats 5% 15%

For states with a two-tier system—comprising only village and district panchayats—the distribution bands are:

Tier Minimum Share Maximum Share
Gram Panchayats 70% 85%
District Panchayats 15% 30%

Where State Finance Commission recommendations are unavailable, state governments determine the distribution within these bands.

Eligibility Conditions for Grant Release

The release of grants is linked to several mandatory conditions set by the Ministry of Finance to ensure transparency, accountability and effective utilisation of funds.

Key conditions include:

  • Constitution of elected Rural Local Bodies, except in areas where constitutional provisions do not apply.

  • Uploading annual development plans on the eGramSwaraj portal.

  • Mandatory onboarding of RLBs on eGramSwaraj–PFMS for financial transactions.

  • Completion of audits through the AuditOnline platform.

  • Availability of provisional accounts on eGramSwaraj.

  • Constitution and operationalisation of State Finance Commissions by states.

States must also transfer funds to Panchayats within 10 working days after receiving them from the Union Government. Delays beyond this period require payment of interest by the state government.

Digital Governance Tools for Panchayats

To strengthen financial transparency and monitoring, the Ministry of Panchayati Raj introduced the eGramSwaraj application in April 2020. The platform supports planning, budgeting, accounting and auditing functions of Panchayats.

Additionally, the AuditOnline platform enables digital auditing of Panchayat accounts and financial records, helping improve accountability in rural governance.

Strong Adoption of Digital Systems

The latest data for FY 2025–26 indicates widespread adoption of these digital platforms across the country:

  • 2,54,604 Gram Panchayats (96.36%) uploaded their Gram Panchayat Development Plans (GPDPs) on eGramSwaraj.

  • 2,42,871 Panchayats (91.92%) transferred ₹38,491 crore to vendors using the eGramSwaraj–PFMS interface.

  • For FY 2024–25, over 2.58 lakh Panchayati Raj Institutions closed their annual accounts, while 1.63 lakh generated audit reports.

Role of Key Ministries

The implementation of these grants involves two nodal ministries:

  • Ministry of Panchayati Raj — responsible for recommending release of Untied (Basic) Grants.

  • Department of Drinking Water and Sanitation — responsible for recommending Tied Grants, largely linked to water and sanitation services.

Grants are released in two instalments each year, and subsequent instalments are approved only after states submit a Grant Transfer Certificate (GTC) and meet the prescribed eligibility conditions.

State-Wise Disbursement Trends

Between FY 2020–21 and FY 2025–26, a total allocation of ₹2,97,555 crore was recommended for Rural Local Bodies across states, out of which ₹2,67,250.78 crore has been released.

Large states such as Uttar Pradesh, Maharashtra, Tamil Nadu, Rajasthan and West Bengal have received the highest allocations, reflecting their population size and rural governance requirements.

Strengthening Grassroots Democracy

The Finance Commission’s grant framework represents one of the largest fiscal transfers to local governments in India. By linking funding with digital governance, auditing requirements and planning processes, the initiative aims to ensure that Panchayats become more accountable, financially empowered and capable of driving rural development.

The details were shared by Rajiv Ranjan Singh, Union Minister for Ministry of Panchayati Raj, in a written reply in the Lok Sabha on March 17, 2026.

From Solar Boom to Solar Waste: India’s Push for a Circular Economy in the Renewable Energy Sector

India’s rapid expansion in solar energy capacity has been one of the defining features of its clean energy transition. However, alongside this growth, policymakers and industry experts are beginning to focus on an emerging challenge: managing the growing volume of end-of-life solar panels and ensuring that renewable energy infrastructure does not create a new environmental burden.

Estimates supported by the Ministry of New and Renewable Energy (MNRE) and prepared by the Council on Energy, Environment and Water suggest that cumulative waste from existing and projected solar photovoltaic installations in India could reach around 600 kilo-tonnes by 2030. As India accelerates towards ambitious renewable energy targets, this figure highlights the need for a robust ecosystem for recycling, recovery of materials, and sustainable disposal.

Recognising this challenge, the government has begun taking steps to promote domestic recycling capacity and strengthen circular economy practices in the solar sector. The objective is not only to manage waste responsibly but also to recover valuable materials such as silicon, aluminium, glass and critical minerals that can be reused in the clean energy value chain.

From Solar Boom to Solar Waste: India’s Push for a Circular Economy in the Renewable Energy Sector

 

A key policy framework supporting this transition is the E-Waste (Management) Rules, 2022, notified by the Ministry of Environment, Forest and Climate Change. The rules provide for environmentally sound management of electronic waste generated from electrical and electronic equipment, including solar photovoltaic panels. Under the regulations, manufacturers and producers are required to take responsibility for the lifecycle of their products through the Extended Producer Responsibility (EPR) mechanism.

To operationalise this framework, the Central Pollution Control Board has launched an online Extended Producer Responsibility (EPR) portal, which enables producers to register, track and fulfil their recycling obligations for e-waste.

Beyond regulatory measures, the government is also working to encourage innovation and technology development in the recycling space. The MNRE has constituted a Committee on Circular Economy in Solar Panels to prepare action plans for transitioning the sector from a linear “produce-use-discard” model to a circular system where materials are continuously reused.

The ministry has also launched an Innovation Challenge for Circularity in Renewable Energy Technologies – Batteries and Solar Photovoltaic under the Renewable Energy Research and Technology Development programme. The initiative is designed to promote research and entrepreneurial innovation in areas such as recycling technologies, second-life applications for solar components, and circular product design.

At the same time, the Department of Science and Technology has issued a call for research proposals focused on recovery and recycling of end-of-life solar PV modules. The initiative aims to foster collaborations between academia and industry to develop economically viable recycling technologies and specialised equipment.

Another important policy push is coming from the Ministry of Mines, which has launched a ₹1,500-crore recycling incentive scheme under the National Critical Mineral Mission. The programme seeks to build domestic capacity to recover critical minerals from e-waste, lithium-ion battery waste, and components of end-of-life vehicles—an effort that aligns closely with India’s broader clean-energy supply chain strategy.

The emerging policy framework reflects a broader realisation that the clean energy transition must also incorporate sustainable material management. Solar panels typically have a lifespan of 20 to 25 years, meaning that the earliest large-scale installations in India will begin reaching the end of their operational life within this decade.

Industry experts note that building recycling capacity now will help India avoid future environmental risks while also creating new economic opportunities. The recovery of valuable materials from solar panels can reduce dependence on imported raw materials and support the domestic manufacturing ecosystem.

As India expands its solar capacity to meet its renewable energy targets, the next phase of the sector’s evolution will involve integrating sustainability across the entire lifecycle of solar technologies—from manufacturing and installation to recycling and resource recovery.

The government’s focus on circular economy practices indicates that the solar revolution is no longer only about generating clean power. It is increasingly about ensuring that the clean energy ecosystem itself remains sustainable for decades to come.

This information was shared by Shripad Yesso Naik, Minister of State for the Ministry of New and Renewable Energy, in a written reply in the Rajya Sabha on March 17.