Central Vigilance Commissioner Inaugurates Delhi Chapter of Vigilance Study Circle

Shri Pradeep Kumar, Central Vigilance Commissioner has asked Institutions and Organisations working in vigilance sector to collaborate with like minded people and organisations for strengthening of vigilance administration. Inaugurating the Delhi NCR chapter of Vigilance Study Circle in New Delhi today, Shri Kumar said vigilance officers have a greater role to play as the acceptance… Read More

Tags: BangaloreCentral Vigilance CommissionCVCIndiaKeralaKolkataMumbaiNew Delhi

National Policy on Fertilizers

Urea is the only fertilizer under statutory price control and its import to bridge the gap between assessed demand and estimated indigenous production is made on Government account. The Government has notified the New Investment Policy 2012 on 2nd January, 2013 to facilitate fresh investment in urea sector and to reduce India™s import dependency. In response… Read More

Tags: Andhra PradeshAsiaFertilizersGovernmentGujaratIndiaKeralaUttar Pradesh

RBI directs two NBFCs to stop allowing premises for accepting deposits

The Reserve Bank of India has directed two Non-Banking Financial Companies (NBFCs), viz., Muthoot Fincorp Ltd. (MFCL) and Manappuram Finance Ltd. (MAFIL) to stop allowing the use of its premises / branches to accept deposits from public by their associate unincorporated bodies. Muthoot Estate Investment (MEI), was collecting public deposits through the branches of MFCL… Read More

Tags: KeralaNBFCNon-banking financial companyPunjab National BankRBI ActReserve Bank of IndiaRun batted in

Coverage of ESI

Employees State Insurance (ESI) Act, 1948 is applicable to employees working in the organized sector i.e. factories and establishment which are situated in implemented area only with a threshold of coverage of 10 employees.  Extension of scheme to all units is not viable due to issues relating to enforcement of the Act and feasibility of setting… Read More

Tags: Andhra PradeshAssamEmployees' State InsuranceESIHimachal PradeshIndiaJammu and KashmirKerala

Setting Up of NIMZ – National Investment and Manufacturing Zones

Government has granted in-principle approval to five National Investment and Manufacturing Zones (NIMZs) outside the DMIC region. The state governments have to acquire the necessary land before any projects can be considered in these zones. Eight zones have been announced as NIMZ along the Delhi Mumbai Industrial Corridor (DMIC). The Government has received nine proposals… Read More

Tags: Andhra PradeshCentral GovernmentGovernmentJhansiKeralaLok SabhaMinistry of Commerce & IndustryUttar Pradesh

Revision of rehabilitation package for Hindustan Organic Chemicals Limited

The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Chemicals and Fertilizers to revise the following terms and conditions of the revival package, approved in 2006, for the Hindustan Organic Chemicals Limited (HOCL): (a) Postponement of the redemption of shares to the Govt. of India, worth Rs. 270 crore (total… Read More

Tags: BIFRBoard for Industrial and Financial ReconstructionGovernment of IndiaIndiaKeralaKochiMaharashtraRasayani

NTPC subsidiary enters into agreement with KSEB

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC Limited, has entered into a Power Purchase Agreement (PPA) with Kerala State Electricity Board (KSEB) for supply of 300 MW Round the Clock (RTC) power for a period of three years starting from 1st March 2014. The PPA was signed by Shri N.K.Sharma,… Read More

Tags: ChhattisgarhContractKeralaKerala State Electricity BoardKSEBNTPC LimitedPPAThiruvananthapuram

India and World Bank Sign Us$ 216 Million Agreement for Kerala State Transport Project

The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today. The Loan Agreement was signed by Shri Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of Government of… Read More

Tags: Government of IndiaIndiaInternational Bank for Reconstruction and DevelopmentKeralaNew DelhiRoad traffic safetySecretary of State for Economic AffairsWorld Bank

ICWAI – President Communication June 2013

Dear Professional Colleagues, In today™s competitive environment, every Organisation is concerned about developing the potential of its people than ever before. It is healthy business practice that helps in enhancing the performance and bottom-line results of the organization. Organizations are designing HR policies to achieve their overall objective. These polices include recruitment, training, performance appraisals, motivating employees as well as… Read More

Tags: Corporate Affairs MinistryIndiaInstitute of Chartered Accountants of IndiaInstitute of Company Secretaries of IndiaInstitute of Cost Accountants of IndiaK. Rahman KhanKeralaMay 2013

Cauvery Issue – First Meeting of the Supervisory Committee Held

The 1st Meeting of the Supervisory Committee (SC) on Cauvery held here in New Delhi today under the chairmanship Water Resources Secretary Dr. S. K. Sarkar. The meeting was convened inter alia, to establish the procedures for conducting its business  and  was   in  pursuance to the Supreme Court™s direction dated 10th May,2013 wherein the directions have been issued for the constitution of a Supervisory Committee under the… Read More

Tags: GopurajapuramGovernment of KarnatakaIndiaKarnatakaKaveriKeralaSupreme CourtTamil Nadu

Meaningful Financial Inclusion hinges on Commercial Banks™ Ability to meet Credit Gaps of the Poor: Finding of RBI™s Research Project Study in Kerala

The Reserve Bank today released a Research Project Study titled How the Poor Manage their Finances: A Study of the Portfolio Choices of Poor Households in Ernakulam District, Kerala on its website. The Research Project Study is a collaborative outcome of researchers associated with the Centre for Socio-Economic and Environmental Studies (CSES), Kochi and Reserve Bank of… Read More

Tags: CooperativeErnakulam DistrictfinanceKeralaKochiResearchReserve BankReserve Bank of India

CLR Snippets | Work Commences on Six Greenfield Airports

The Minister of State for Civil Aviation, Shri K.C. Venugopal informed Lok Sabha today that construction at various airports including Aranmula airport project has not stopped. The Government of India has granted `in principle` approval for setting up of 15 Greenfield airports across the country out of which, physical work at 6 airports namely, Gulbarga,… Read More

Tags: AranmulaGovernment of IndiaGulbargaKeralaLok SabhaPakyongShimogaWest Bengal

Kerala Finance Bill, 2013-14 Salient features and Operational instructions

No.C1-33000/12/CT Office of the Commissioner of Commercial Taxes Tax Tower, 8th Floor, Karamana, Thiruvananthpauram 695002 Dtd.02-04-2013 CIRCULAR No.4 / 2013 Sub:- Kerala Finance Bill, 2013-14 - Salient features and Operational instructions - reg. Kerala Money Lenders Act, 1958 01.  The license fee of money lenders was enhanced from Rs.5,000/- to Rs.10,000/-. Kerala General Sales Tax… Read More

Tags: BusinessFiscal yearGovernmentIncome taxKaramanaKeralaValue Added TaxValue Added Tax Act

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