Economy and Finance
SEBI Board reintroduces open-market buybacks via exchanges; green channel GARUDA for AIFs
19 June 2026 | The Hindu (PTI); SEBI press release listed
The Hindu (PTI) reported that the SEBI Board on Friday, 19 June 2026 approved proposals including reintroduction of open-market share buybacks through stock exchanges with a faster timeline, relaxation of intraday borrowing norms for mutual funds, and simpler securities transfer after an investor's death.
The Board also decided to set up a green-channel mechanism called GARUDA, allowing Alternative Investment Funds (AIFs) to begin fundraising within 10 working days of filing placement memorandums, against 30 days now, and approved measures to revive agricultural commodity derivatives trading. SEBI's own page 'Key decisions taken in the SEBI Board Meeting dated 19th June, 2026' exists, but only its title could be read for this edition.
Key facts- Open-market buybacks via exchanges: reintroduced, faster timeline
- GARUDA green channel for AIFs: fundraising within 10 working days (earlier 30)
- MF intraday borrowing norms relaxed
- Agricultural commodity derivatives: revival measures approved
Exam takeaway: SEBI Board decisions shape securities market regulation; AIFs are privately pooled investment vehicles.
Quick revision: SEBI Board 19 June 2026: buybacks via exchanges, GARUDA for AIFs (The Hindu/PTI).
The Hindu (PTI); SEBI press release listed original sourceGovernment Schemes
PM disburses about Rs 2,400 crore under PM Viksit Bharat Rozgar Yojana (PM-VBRY)
19 June 2026 | Press Information Bureau
PIB said that on 19 June 2026 Prime Minister Narendra Modi disbursed approximately Rs 2,400 crore in incentives through Direct Benefit Transfer, in the main event at Vigyan Bhawan, New Delhi, to mark the implementation of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), run by the Ministry of Labour and Employment.
The release says the initiative is set to formalise and secure employment for over 15 lakh persons. Karnataka hosted regional events at 24 venues. An earlier PIB note (18 June) had said first-time employees receive an incentive of up to Rs 15,000, with events at about 200 locations.
Key facts- Scheme: PM Viksit Bharat Rozgar Yojana (PM-VBRY)
- Disbursed: about Rs 2,400 crore via DBT, 19 June 2026
- Target: over 15 lakh persons
- First-time employee incentive: up to Rs 15,000 (PIB, 18 June)
Exam takeaway: PM-VBRY gives employment-linked incentives, paid through DBT.
Quick revision: PM-VBRY: about Rs 2,400 crore disbursed on 19 June 2026 (PIB).
Press Information Bureau original sourceGovernment Schemes
VB-G RAM G rollout: 100+ Area Officers, Rs 95,692 crore central share ahead of 1 July 2026
19 June 2026 | Press Information Bureau
PIB said the Ministry of Rural Development will deploy more than 100 Area Officers to support States and UTs ahead of the VB-G RAM G Act, 2025 coming into force on 1 July 2026. The officers will act as facilitators and resource persons during the rollout.
The release headline states that 27 States/UTs have made budgetary provisions and Rs 95,692 crore has been allocated as Central Share.
Key facts- Act: Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025
- In force: 1 July 2026
- Area Officers: more than 100
- Central share allocated: Rs 95,692 crore; 27 States/UTs with budget provisions
Exam takeaway: VB-G RAM G is the rural employment law that replaces the earlier MGNREGS from 1 July 2026, as covered in earlier editions.
Quick revision: VB-G RAM G rollout: 100+ Area Officers, Rs 95,692 crore central share (PIB, 19 June).
Press Information Bureau original source