"12 August 2011" Archive

Pranab Mukherjee Unveils a New Audio-Visual Presentation of Five Verses of ‘Jana Gana Mana’

The Finance Minister Shri Pranab Mukherjee, who is also Chairperson of the National Implementation Committee to commemorate 150th birth anniversary of Gurudev Rabindranath Tagore, today launched a new Audio-Visual presentation of Gurudev Rabindranath Tagore’s ‘Jana Gana Mana’ poem in full five stanzas by various artists as a salutat...

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Posted Under: Finance |

MEP for export of Sona Masuri, Ponni Samba and Matta rice

Public Notice No. 72 (RE-2010)/2009-2014 (12/08/2011)

In exercise of the powers conferred by Para 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendments in Public Notice No. 44 (RE-2010)/2009-2014 dated 31.03.2011 read with (i) Public Notice No. 36 (RE-2010)/2009-2014 dated 01.03.2011 and (ii) Public Notice No. 37 (RE-2010)/20...

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Public Notice No. 71 (RE-2010)/2009-2014, Dated: 12.08.2011

Public Notice No. 71 (RE-2010)/2009-2014 (12/08/2011)

Over the period, in respect of certain import items pertaining to above two SIONs, improvement in consumption has been observed. Accordingly, quantity allowed for such items has been reduced. ...

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Documents/Notices to be filed with Registrar of Companies

Form No. 1 to be attached with a coy of MAA and proposed agreement with the Managing/Wholetime Director/s (if any) are to be filed. In addition to Form No. 1, MAA and the agreement as aforesaid, Form No. 29 for each Director is also required to be filed....

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Posted Under: Finance |

RBI Advises Banks to Achieve Target of 60 Percent of MSE Advances for Micro Enterprises by 2012-13

In order to ensure availability of sufficient credit to MSE Sector, Banks have been advised by RBI to achieve the following targets: i) 60% of MSE advances for Micro Enterprises by 2012-13, to be achieved in three stages: i.e. 50% by 2011, 55% in 2012 & 60% in 2013. ii) Banks are advised to achieve a 20% year-on-year growth in credit to...

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Posted Under: Finance |

Public Notice No. 70/2009-2014 (RE-2010), Dated: 12.08.2011

Public Notice No. 70/2009-2014 (RE-2010) (12/08/2011)

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes an addition in the heading of Appendix 4D of Handbook of Procedure Vol. I (Appendices and Aayat Niryat Forms) 2009-2014, as described in para 2 below. Last such addition was made in Public Notic...

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DGFT on Minimum Export Price of Onions

Notification No. 66 (RE–2010)/2009-2014 (12/08/2011)

Minimum Export Price (MEP) of Bangalore Rose Onions and Krishnapuram onions will be US$ 400 per Metric Ton F.O.B. It was US$ 350 per Metric Ton as notified on 16.05.2011. Minimum Export Price (MEP) of onions other than Bangalore Rose Onions and Krishnapuram onions will be US$ 275 per Metric Ton F.O.B. It was US$ 230 per Metric Ton as noti...

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Results of 16th Round (Q1:2011-12) of Survey of Professional Forecasters on Macroeconomic Indicators

Press Release : 2011-2012/241

The Reserve Bank of India today released on its website the results of quarterly Survey of Professional Forecasters on major macroeconomic indicators of short to medium term economic developments. The survey round relates to the first quarter of 2011-12, that is, April-June 2011. Done through a questionnaire responded by 30 forecasters wh...

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Posted Under: Finance |

Operational Guidelines on implementation of Electronic Benefit Transfer (EBT) and its convergence with Financial Inclusion Plan (FIP)

RBI/2011-12/153 RPCD.CO.BC.FID.No. 16/12.01.019/2011-12 (12/08/2011)

As you are aware, Electronic Benefit Transfer (EBT) for servicing low value accounts and extending banking infrastructure to underserved low income areas has been implemented in the states of Andhra Pradesh, Haryana, Karnataka, Orissa, Chhattisgarh, Himachal Pradesh, Uttarakhand, Bihar, Punjab, etc. on pilot basis in select districts unde...

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Discretion to customers for selection between RTGS and NEFT

RBI/2011-12/152 DPSS (CO) EPPD No./274/04.03.01/2011-12 (12/08/2011)

As you are aware, RTGS and NEFT are two important pan-India payment systems introduced by Reserve Bank of India keeping in mind the requirements of various customers in the wholesale and retail payment systems segment. Both these systems have distinct objectives and unique features in terms of the time criticality of payments, threshold v...

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