Geo-Heritage Sites Geological Survey of India (GSI) declares geo-heritage sites/ national geological monuments for protection and maintenance. The State-wise details are given in Annexure. GSI or the respective State governments take necessary measures to protect these sites. There is no proposal pending with UNSECO for declaration of geo-heritage sites. Annexure State-wise details of the… Read More »
New Route for Mansarovar Ministry of External Affairs organizes the Kailash Manasarovar Yatra in cooperation with the State Governments of Uttarakhand, Delhi, and Sikkim along with Indo-Tibetan Border Police (ITBP). The Kumaon Mandal Vikas Nigam Limited (KMVN), and Sikkim Tourism Development Cooperation (STDC) make logistical arrangements including accommodation, food, and transport on the Indian side… Read More »
Remittances by Non Resident Indians (NRIs) According to the World Bank Migration and Remittances Factbook, 2016, India is the top recipient of remittances in the world for the year 2015. As per information received from the Reserve Bank of India, the amount of Remittances (i.e., private transfers) to India in last two years is as… Read More »
Identification of States that will Lead NIMZ Project Eight Investment Regions along the Delhi Mumbai Industrial Corridor (DMIC) project have been announced as NIMZs:- i. Ahmedabad-Dholera Investment Region, Gujarat ii. Shendra-Bidkin Industrial Park city near Aurangabad, Maharashtra iii. Manesar-Bawal Investment Region, Haryana iv. Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan v. Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh vi .Dadri-Noida-Ghaziabad… Read More »
Investment Commitmentsunder ‘Make In India’progamme The investment commitments, through Foreign Direct Investment (FDI) equity inflows after launch of ‘Make in India’ Initiative in September, 2014 has been worked out as USD 45,682 million for the period between October 2014 – December 2015 (15 months after Make in India initiative launch). The Government is… Read More »
Going Slow on Future Liberalisation Commitments Under WTO The outcomes in the area of agriculture in the Nairobi MinisterialConference are results of the demands of developing countries including India. Among these, the Decision on Public Stockholding for Food Security Purposes and a Special Safeguard Mechanism for the developing countries acknowledge the special requirements of the… Read More »
Import of High-Tech Electronics As mentioned in the National Policy on Electronics (NPE 2012), the demand for electronics in the Indian market is expected to reach USD 400 Billion by 2020. Without intervention, at the current rate of growth, domestic production can cater to a demand of about USD 100 Billion by 2020. While the… Read More »
MINISTRY OF AGRICULTURE AND FARMERS WELFARE (Department of Agriculture, Cooperation and Farmers Welfare) NOTIFICATION New Delhi, the 8th March, 2016 S.O. 686(E).—In exercise of the powers conferred by sub-clause (1) of clause 5 of the Cotton Seed Price (Control) Order, 2015, the Central Government, after consultation with the Committee referred to in sub-clause (2) of… Read More »
RBI cancels Certificate of Registration of 4 NBFCs Source :Reserve Bank of India The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No.… Read More »
Facts of the Case A notice u/S 148 of the Income Tax Act, 1961 in the case of Sh. Inder Pal Singh Walia PAN – AAKPW8463F for the AY 2008-09 was issued by this office on 27th March 2015. This notice has been received back with the postal remarks ‘addresses expired Issue AO insisted on… Read More »