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releaseRBIWednesday, 5 August 2026NEW

Statement on Developmental and Regulatory Policies

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

This Statement sets out various developmental and regulatory policy measures relating to regulations: 1. Draft guidelines for licensing of Urban Co-operative Banks (UCBs) A discussion paper on Licensing of UCBs was published for stakeholder feedback on January 13, 2026 following a two decade pause on issuance of fresh licenses. On an analysis of the feedback, it has been decided to resume licensing of UCBs on ‘on tap’ basis. The draft guidelines will be issued shortly for stakeholder

Key Facts

TypeRelease
SourceReserve Bank of India
PublishedWednesday, 5 August 2026
Affected Population~350 million BPL population, 140 million elderly

Key Numbers

PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030

Key Authorities

Ministry of Social Justice & EmpowermentNITI AayogMinistry of PowerMinistry of New & Renewable EnergyCEA

Key Stakeholders

BPL FamiliesSenior CitizensPersons with DisabilitiesPower ConsumersDISCOMsCoal Industry

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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