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The government today said it had extended the popular exports scheme – DEPB – for three more months till September. The DEPB scheme was due to end on June 30. ‘…We have extended Duty Entitlement Pass Book (DEPB) till September,’ Finance Secretary Sunil Mitra said on the sidelines of a seminar organised by Ministry of Finance and OECD.
The Minister of Commerce & Industry, Government of India Mr. Anand Sharma Mr. Anand Sharma urged the member states of SAARC to bring down all the protectionist trade barriers to achieve regional economies of scale at a much greater pace. While emphasizing that the serious attempts being made to reduce the sensitive list under the trade liberalization program of SAFTA, should be encouraged, the Indian minister also said the focus should also be to bring down the tariff levels for those items which still remain within the sensitive list. The Minister was speaking at the Fifth Meeting of the SAFTA Ministerial Council in Male’ today.
Ministry of Railways have decided that the Income Certificate issued by Members of Legislative Assemblies (MLAs) of various States and Union Territories will also be accepted for issue of “Izzat’ monthly Season Tickets (MSTs) for the benefit of persons working in unorganized sectors. This provision will be effective from 1st July, 2011. This facility will be in addition to the five kinds of certificates already permitted under the ‘Izzat’ Scheme.
Millions of people suffer from discrimination in the world of work which not only violates a basic human right but has wider social and economic consequences. Discrimination stifles opportunities wasting the human talent needed for economic progress and accentuates social tensions and inequalities. Combating discrimination is an essential part of promoting Decent Work, and success on this front is felt well beyond the workplace.” Shri Prabhat C. Chaturvedi, Secretary, Ministry of Labour and Employment said this while speaking at the 100th session of the International Labour Conference on Friday 10th June, 2011at Geneva.
The meeting of the Consultative Committee attached to the Ministry of Communications and Information Technology was held here today to discuss the Mail Network Optimization Project of Department of Posts. In his opening remarks Shri Kapil Sibal, Minister for Communications and Information Technology said that Department of Posts decided to revamp mail operations in line with the international best practices and include a project in the 11th Five Year Plan for consolidation and optimization of the existing mail network. The completion of project would result in improved mail related services to the public.
Associated Chambers of Commerce (ASSOCHAM) today said innovative mobile payment system which has mass appeal is required for non-cash payment modes. ,The need of the hour is to develop an innovative mobile payment system which is customised to the Indian ecosystem requirements and has a mass appeal,’ ASSOCHAM Communications Convergence Committee Chairman T V Ramachandran said.
Hon’ble Speaker, Lok Sabha has referred ‘The Mines (Amendment) Bill, 2011’ as introduced in Rajya Sabha to the Standing Committee on Labour for examination and Report. Considering the wider implications of the proposed amendment and the deeper concern of safety and security of mine workers, the Standing Committee on Labour under the Chairmanship of Shri Hemanand Biswal, MP have decided to invite suggestions/comments/views from the public in general and from stakeholders like employees’/employers group, State Governments/Union Territory administration etc. in particular.
The Chamber of Small Industry Associations (COSIA) has requested the Centre to extend the the Duty Entitled Pass Book (DEPB), a tax refund scheme for exporters, by another three years. The renewal of the DEPB was absolutely essential to meet the export target, M R Khambete, President of the city- headquartered COSIA, said in a release here.
Finance Minister Pranab Mukherjee today said 73,000 villages in the country would have banking facility by next year. By March 31, 2012, banking facility will be available in 73,000 villages across the country going by the current pace of work, Mukherjee said after inaugurating a Punjab National Bank (PNB) branch at Talai under Raghunathganj police station area in Murshidabad district.
Software icon N R Narayana Murthy on Saturday backed Anna Hazare’s movement against corruption and favoured the Prime Minister and the judiciary coming under the ambit of the Lokpal bill. The chairman and chief mentor of Infosys also supported the people taking to streets demanding an end to corruption.
