Government Policy - Page 30

Cabinet approves recommendations of the 7th CPC on allowances

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the recommendations of the 7th CPC on allowances with some modifications. The revised rates of the allowances shall come into effect from 1st July, 2017 and shall affect more than 48 lakh central government employees....

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Posted Under: Corporate Law |

Railways permits Downloaded e-Aadhar Card as identity proof

Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) also as prescribed proof of identity at par with printed Aadhaar Card during travel....

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Posted Under: Corporate Law |

Railway clarifies 12 bogus news circulating on Social Media

It has been noticed that a news item is in circulation in various social media platforms, WhatsAPP Groups, and some websites which mentions that Indian Railways is introducing several changes and new facilities with effect from 1st July, 2017. This news is totally incorrect and baseless. ...

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Posted Under: Corporate Law |

Cabinet gives ‘in principle’ approval for disinvestment of Air India

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestmen...

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Posted Under: Corporate Law |

Obtaining a Certificate of registration for Start-ups

Application for obtaining certificate of start-up recognition can be filed I) during application process of Intellectual property rights (IPR) i.e. Patent, Trademark, Copyright, Design etc. or ii) after obtaining certificate of registration. ...

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Posted Under: Corporate Law |

Complaint against Rana Ayyub for criticising Presidential Candidate

Complaint against Journalist Ms, Rana Ayyub under Section 3(r) and Section 3(u) of The Scheduled Castes and The Scheduled castes and The Scheduled Tribes (Prevention of Atrocities) Act, 1989 for insulting and humiliating Hon'ble Governor of Bihar and N.D.A.-Nominee for post of Hon'ble president of India Shri Ram Nath Kovind ji....

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Posted Under: Corporate Law |

News / Letter related to linking of Land Records with AADHAR is Fake

The letter attributed to Cabinet Secretariat on Digitalisation of Land Records & subsequent linking of the same to AADHAR, being widely circulated in the sections of social media is completely fake and mischievous. It is clarified that Govt. of India has issued no such letter. A police complaint has been filed in this regard and the matte...

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Posted Under: Corporate Law |

NBFC Micro Finance Institution Requirements & Registration

Micro finance is a source of financial services for entrepreneurs and small businesses, it is a type of Non-Banking Financial Company (NBFC) which is in a business of micro credit finance to individuals and small business. ...

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Posted Under: Corporate Law |

Action Plan to Reduce Government Litigation

Action Plan to Reduce Government Litigation+ Department of Justice June 13, 2017 Introduction Pendency in Supreme Court – 60,750 cases . In High Courts – 40 lakhs cases in 2016.  In District and Subordinate Courts 2.74 crores cases in 2016 Government regarded to be the biggest contributor to litigation in India Approximately ...

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Posted Under: Corporate Law |

Cabinet clears Bill to deal with crisis in banks, insurers

Press Release No. PIB Release/DL/981 (14/06/2017)

The Financial Resolution and Deposit Insurance, Bill 2017 when enacted, will pave the way for setting up of the Resolution Corporation. It would lead to repeal or amendment of resolution-related provisions in sectoral Acts as listed in Schedules of the Bill....

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