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Archive: 18 September 2020

Posts in 18 September 2020

Impact of Covid-19 on E-commerce

September 18, 2020 618 Views 0 comment Print

Various restrictions were imposed to ensure social-distancing during lock down under guidelines released by Ministry of Home Affairs (MHA), from time to time. During this period delivery of essential goods, including food, pharmaceuticals, medical equipment were encouraged through e-commerce. Since, the pandemic is still ongoing, it is too early to make an assessment of the impact of the pandemic on the e-commerce sector.

3 Ordinances to implement reforms in agriculture sector

September 18, 2020 834 Views 0 comment Print

Government of India has promulgated the following three Ordinances to implement reforms in agriculture sector: i. The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020 ii. The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 iii. The Essential Commodities (Amendment) Ordinance 2020

One District One Product Concept for Encouraging Domestic Manufacturing

September 18, 2020 300 Views 0 comment Print

Ministry of Commerce & Industry One District One Product Concept for Encouraging Domestic Manufacturing Posted On: 18 SEP 2020 3:07PM by PIB Delhi Based on strengths of a district and National Priorities, One District One Product (ODOP) is seen as a transformational step forward towards realizing the true potential of a district, fuel economic growth […]

11 Govt Steps to Promote Export during Pandemic

September 18, 2020 336 Views 0 comment Print

Government has taken the following key steps to boost exports: 1. The validity of Foreign Trade Policy (2015-20) extended by one year i.e. upto 31-3-2021 and relaxations granted and time lines extended due to COVID-19.

Shifting of Base to India by MNCs

September 18, 2020 1332 Views 0 comment Print

Several multinational companies have evinced their interest to shift their base into India across different States in sectors such as Electronics, Retail, e-Commerce, Automotive, Food Processing, Textiles etc. 

Measure taken by Govt to allot Tender to Local Companies

September 18, 2020 405 Views 0 comment Print

To ensure that the local firms are allotted the tender under Atmanirbhar Bharat, the following measures have been taken 1. GeM has made it mandatory for the sellers, to declare Country of Origin for every product offered by them on the GeM portal.

Safety Glass (Quality Control) Second Amendment Order, 2020

September 18, 2020 774 Views 0 comment Print

(1) This Order may be called the Safety Glass (Quality Control) Second Amendment Order, 2020. (2) It shall come into force on the date of its publication in the Official Gazette.

Regulatory measures to continue till October 29, 2020

September 18, 2020 396 Views 0 comment Print

On review of the COVID-19 pandemic related situation, it has been decided that the regulatory measures introduced vide SEBI Press Release dated March 20, 2020 shall continue to be in force till October 29, 2020.

SEBI to empanel SMARTs for enhancing Investor Education activities

September 18, 2020 603 Views 0 comment Print

Securities and Exchange Board of India (SEBI) has invited applications from eligible candidates to be empanelled as Securities Market Trainers (SMARTs) for enhancing the Investor Education activities of SEBI.

Foreign Exchange Fluctuation Loss arising out of Re-Statement of ECB Allowed

September 18, 2020 2283 Views 0 comment Print

Whether CIT(A) was justified in confirming the disallowance of foreign exchange fluctuation loss arising out of re-statement of External Commercial Borrowings (ECB) at the year end rates in accordance with AS-11?

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