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Excise exemption on premises used for re-printing, re-labeling or re-packing of certain pharmaceutical products under Chapter 30
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 11 /2013 Central Excise (N.T.) New Delhi, the 2nd August, 2013 G.S.R. (E)- In exercise of the powers conferred by sub-rule (2) of rule 9 of the Central Excise Rules, 2002, the Central… Read More
Corporate Social Responsibility by Steel manufacturing undertakings
The Minister of Steel, Shri Beni Prasad Verma has said that under the Corporate Social Responsibility (CSR) scheme, the public sector steel manufacturing undertakings, namely, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) are allocating funds for the CSR activities, as per the guidelines prescribed by the Department of Public Enterprises… Read More
CLR Snippets | FDI in Defence Sector
FDI upto 26% FDI is permissible in the defence sector, subject to licensing. However, wherever FDI beyond 26% is likely to result in access to modern and state-of-the-art technology into the country, decisions can be taken to allow higher FDI on a case-to-case basis with approval of the Cabinet Committee on Security. It is difficult… Read More
Potential of Indian Mineral Sector
Government has prepared a strategic plan document Unlocking the potential of the Indian Mineral Sector. The Strategy Paper has identified that the mining sector has the potential to contribute around Rs. 945 to Rs. 1,125 thousand crore to the GDP and create 13 to 15 million jobs through direct and indirect contribution by 2025. In… Read More
Competition Commission of India to issue order in the case against Coal India Limited shortly
Competition Commission of India (CCI) is expected to issue the order in the case against Coal India Limited shortly. This was stated by Mr. Ashok Chawla, Chairman, CCI during the deliberations of the 3rd meeting of the Eminent Persons Advisory Group (EPAG) in the capital today. Mr. Chawla also informed that the case in respect… Read More
CLR Snippets | MCA Statement on Complaints against Companies
During the last three years (i.e. 2010-11 to 2012-13), 154 complaints against companies have been received in the Ministry of Corporate Affairs. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that inspections u/s 209A and/ or Investigations u/s 235 or scrutiny… Read More
Subsidy for Solar Energy Units
No subsidy is given by the Government on the capital investment for setting up grid-connected solar power plants. These are installed on build own, operate basis, and the solar project developer is paid a feed-in tariff for the power injected into the grid. However, under the Rooftop Photovoltaic and Small Solar Power Generation Programme (RPSSPGP)… Read More
Data on Child Labour
Child Labour is an outcome of various socio-economic problems such as poverty, economic backwardness and illiteracy. As per 2001 census, the total number of working children between the age group 5-14 years in the country was 1.26 crore out of which there were approximately 12 lakh children found working in the hazardous occupations/processes covered under Child Labour (Prohibition &… Read More
Payment of Minimum Wages
Under the provisions of the Minimum Wages Act, 1948 (M W Act) both the Central and State Governments are the appropriate Governments to fix and revise the minimum wages in the scheduled employments under their respective jurisdiction. Rates fixed in the Central sphere are applicable to establishments under Central Government/CPSUs in various States including Delhi.… Read More
Policy on Domestic Workers
As per National Sample Survey (NSS) 2004-05, there are around 47.50 lakh domestic workers in the country of which 30 lakh are women working in urban areas. The Government has already formulated a policy on domestic workers. The Central Government has enacted the Unorganised Workers Social Security Act, 2008 for social security of the unorganized… Read More
MCA in the process of Developing an Early Warning System to Identify Early Signs of Frauds
The Ministry of Corporate Affairs is in the process of developing an early warning system to identify early signs of frauds including potential frauds. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that Pilot testing of the proposed system is expected… Read More
MCA initiatives to Protect the Interests of Investors
The Ministry of Corporate Affairs has initiated several steps to protect the interests of investors through programmes of investors™ awareness and education. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that important among such steps are : (i) Undertaking investor awareness… Read More
CLR Snippets | MCA Statement on Lobbying by Companies
Government has said that at present it is not considering any proposal to legalize lobbying by companies. This information was given by Shri Sachin Pilot, Minister of Corporate Affairs, in written reply to a question in the Rajya Sabha today. Read More
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