Reforms to Boost Commodities Trading Regulatory reforms are continuous process and steps are taken continuously to further strengthen and develop commodities derivatives markets. Subsequent to the merger of the erstwhile Forward Markets Commission (FMC) with the Securities and Exchange Board of India (SEBI) in September 2015, SEBI has taken several steps towards reforming and boosting… Read More »
Dispensing of fake currency notes through Automated Teller Machines (ATMs) There have been media reports regarding dispensation of Rs 2000 notes resembling a genuine note but bearing the legend “Children Bank of India” in place of “Reserve Bank of India” from Delhi, Meerut (Uttar Pradesh), Sitamarhi (Bihar) and a few other places. State Bank of… Read More »
Government to conduct field trial with plastic banknotes at five locations of the country; Approval for procurement of plastic substrate and printing of bank notes of Rs.10 denomination on plastic banknote substrates conveyed to RBI It has been decided to conduct a field trial with plastic banknotes at five locations of the country. Approval for… Read More »
Merger of State Bank of India (SBI) with its five subsidiaries; The existing customers of Subsidiary Banks will have access to SBI global network which has presence in all the time zones. The Cabinet in its meeting on 15th February, 2017 has approved the proposal of acquisition of subsidiary banks of State Bank of India… Read More »
Environment Ministry Issues Notification, Provides Six-Months Window to Get Environmental Clearance to Deal With Cases of Violation The Ministry of Environment, Forest and Climate Change (MoEF&CC) has provided a six months window, as a one-time opportunityto the units, which have not obtained prior environmental clearance to apply for the same. Ministry of Environment, Forest and… Read More »
Credibility of Electronic Voting Machines- regarding. Press Note The Election Commission has observed that after declaration of result of the recently held General Elections to the State Legislative Assemblies of Goa, Manipur, Punjab, Uttar Pradesh and Uttarakhand, some political parties have raised voice against the credibility of the ECI-EVMs, alleging tampering of EVMs during the… Read More »
National Health Policy Read National Health Policy 2017 of India approved by Cabinet
Comments invited on the working paper of the high level committee to review the Institutionalisation of Arbitration Mechanism in India by 7 April 2017 The Government of India has emphasised the need for promoting arbitration as a preferred dispute resolution mechanism for commercial disputes. Pursuant to this, a High Level Committee has been constituted under… Read More »
National Health Policy, 2017 approved by Cabinet Focus on Preventive and Promotive Health Care and Universal access to good quality health care services The Union Cabinet chaired by the Prime Minister Shri Narendra Modi in its meeting on 15.3.2017, has approved the National Health Policy, 2017 (NHP, 2017). The Policy seeks to reach everyone in… Read More »
Rs. 31734 Crore Collected as Construction Workers’ Welfare Cess till 31st December 2016 Rs. 31733.76 crore have been collected as Construction Workers’ Welfare Cess by the States/UTs upto 31.12.2016, at the rate of 1% of the cost of construction. Out of it Rs. 6872.51 crore has been spent. The Building and Other Construction Workers’ Welfare… Read More »