Policy

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Illustration of India's Economic Survey 2025-26 tabling in Parliament, highlighting GDP growth, reforms, manufacturing revival, and PM Modi's approval.
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India's economic survey 2025-26 highlights growth and reforms

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India's Economic Survey 2025-26, tabled in Parliament on January 30, 2026, projects robust GDP growth amid global uncertainties and recommends key reforms for strategic resilience. It emphasizes manufacturing revival, digital curbs and policy overhauls to bolster economic stability. Prime Minister Narendra Modi praised it as a roadmap for inclusive development.

Renowned economist Lawrence Lau says China must shift from quantity to quality, focusing on 12-year schooling, more basic research, and Greater Bay Area integration. He notes that since the 1978 reforms, China is working smarter to boost total factor productivity and develop new quality productive forces.

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Hong Kong's Tenants Purchase Scheme was a bold experiment in public housing sales that achieved partial success but left thorny issues. Though discontinued, eligible tenants can still claim discounts, yet interest in the remaining stock remains low. A Housing Authority survey last year found only 12 percent would consider buying their flats, with 54 percent not interested.

Two Massachusetts lawmakers have introduced bills in the state legislature to mandate that companies inform customers about when support for connected devices will end. The proposals aim to enhance cybersecurity and consumer protections amid growing concerns over device obsolescence. If enacted, the law would help buyers plan for the reliable lifespan of their gadgets.

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Experts have stressed that updating Egypt's agriculture law is an urgent necessity due to escalating challenges like water scarcity and climate change impacts. The call came during a workshop closing a project to enhance the private sector's role in Upper Egypt's agriculture. Participants emphasized the need for legislative frameworks to bolster food security and resource efficiency.

Hong Kong policies from Tai Po redevelopment to anti-bid-rigging measures appear shaped with little legislative input. Former lawmaker and veteran unionist Chan Yuen-han called it irresponsible for officials to offer an option that could take a decade, describing the city's long reconstruction timelines as a joke and a sign it has not kept up with the mainland. Other voices have urged the government not to rule out this most challenging and time-consuming option.

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Major beverage firms like Coca-Cola and PepsiCo have reduced their ambitious targets for recycled and reusable plastic packaging, even as recycling rates for PET bottles remain low at around 24% in the US. New policies and technologies offer some hope, but critics highlight ongoing environmental pollution from these brands. This update reflects four years of stalled progress since initial pledges.

 

 

 

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