Conditional exemption to exporters under the Essential Commodities Act, 1955
The Union Cabinet yesterday approved exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice. This will help exporters benefit from economies of scale and bigger operation for optimally meeting export demands on a… Read More
Tags: Business, Cabinet of India, Cooking oil, DGFT, Essential Commodities Act, Export, Food and Related Products, Grains and Legumes, Import and Export, Investing, Taiwan, Union Cabinet, Vegetable oil
Cabinet approves introduction of the Coal Regulatory Authority Bill, 2013 in Parliament
Constitution of independent regulatory authority for coal sector and approval for introducing the Coal Regulatory Authority Bill, 2013 in Parliament The Union Cabinet today gave its approval to the proposal for setting up of an independent regulatory authority for the coal sector and also approved the introduction of the Coal Regulatory Authority Bill, 2013 in… Read More
Tags: Bill, Cabinet of India, Coal, Coal Regulatory Authority Bill, Group of Ministers, Regulatory agency, Technology, Union Cabinet
CLR Snippets | Cabinet Revises Income Criterion applying to “Creamy layer” in OBCs
The Union Cabinet today gave its approval for increase in the present income criterion of Rs. 4.5 lakh per annum for applying the Creamy Layer restriction throughout the country, for excluding Socially Advanced Persons/Sections (Creamy Layer) from the purview of reservation of Other Backward Classes (OBCs). The new income criterion will be Rs. 6 lakh… Read More
Tags: Business, Cabinet of India, Consumer Price Index, Creamy Layer, Human Resources, Ministry of Human Resource Development, Other Backward Class, Union Cabinet
DA and DR released to Central Govt. employees & Pensioners
Release of additional installment of Dearness Allowance to central government employees and Dearness Relief to pensioners, due from 1.1.2013 The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2013 at the rate of 8 percent over the… Read More
Tags: Cabinet of India, canada, Central Government, Dearness Allowance, Employment, Fiscal year, Labour, Union Cabinet