Category Archives: News

Defence University bill goes online

By | August 6, 2016

Defence University bill goes online The idea of a National Defence University was first conceived in 1967. It was later recommended by Kargil Review Committee and Group of Ministers in 2000. Land for setting up of the Defence University was acquired at Manesar in Dist Gurgaon in September 2012. Part infrastructure development has commenced on… Read More »

Interest Subvention Scheme to Boost Exports

By | August 4, 2016

Interest Subvention Scheme to Boost Exports The Government has introduced the Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit w.e.f. 01.04.2015 for 5 years. The scheme has been notified vide RBI circular No. 62 dated 04.12.2015. The scheme is available to all exports by manufacturers under 416 specified tariff lines [at ITC… Read More »

Govt approves formula to provide production subsidy to sugar mills

By | August 4, 2016

Cabinet approves formula to provide production subsidy to sugar mills The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has decided to extend production subsidy to sugar mills which achieve expected performance in respect of export of sugar and supply of ethanol. This has been done to offset cost of… Read More »

Huge Penalties proposed under Motor Vehicle Amendment Bill 2016 by Govt

By | August 4, 2016

Cabinet approves Motor Vehicle (Amendment) Bill 2016 Historical Step towards making roads safe and save lakhs of innocent lives The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for Motor Vehicle (Amendment) Bill 2016.  The Amendment aims to improve Every year 5 lakh road accidents are reported in the… Read More »

Govt approved Spectrum Usage Charge for spectrum in various bands

By | August 4, 2016

Cabinet approves Spectrum Usage Charge for the spectrum in various bands held by various operators or to be acquired by them in forthcoming auction The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the rates for Spectrum Usage Charge (SUC) for various bands of spectrum for which auction are going to… Read More »

e-Visa facility

By | August 3, 2016

e-Visa facility e-Tourist visa facility is presently available to the nationals of 150 countries at 16 designated international airports in India. E-Tourist visa can be granted for a period of 30 days with single entry. Further, e-tourist Visa can be availed only twice in a calendar year. On e-tourist visa, foreign nationals are permitted recreation,… Read More »

Transgender Persons (Protection of Rights) Bill 2016 introduced in Lok Sabha

By | August 2, 2016

Bill No. 210 of 2016 THE TRANSGENDER PERSONS (PROTECTION OF RIGHTS) BILL, 2016 Date of Introduction 02/08/2016 (Lok Sabha) Salient Features of Transgender Persons (Protection of Rights) Bill 2016 The Transgender Persons (Protection of Rights) Bill, 2016 seeks to— (a) define a transgender person; (b) prohibit discrimination against transgender person; (c) confer right upon transgender… Read More »

Dr. A.B.P. Pandey as CEO of UIAI w.e.f 12.7.16

By | August 2, 2016

MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY ORDER New Delhi, the 1st August, 2016 S.O. 2575(E).—In exercise of the powers conferred by Sub-section (1) of the Section 18 of the Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016 (18 of 2016), the Central Government hereby appoints Dr. A.B.P. Pandey, IAS (MH… Read More »

Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) bill 2016.

By | August 1, 2016

Bill No. 144 of 2016 THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS AND MISCELLANEOUS PROVISIONS (AMENDMENT) BILL, 2016 Date of Introduction 11/05/2016  (Lok Sabha) Further to amend the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Recovery of Debts due to Banks and Financial Institutions Act, 1993, the Indian Stamp… Read More »