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Articles by eMinds Legal

Forex Earnings from Tourism increases

Foreign Exchange Earnings from Tourism Increases by More than Nine Percent in May 2013  Foreign Tourist Arrivals also Goes up by Three Percent During the Month Foreign Exchange Earnings ( FEEs) from tourism increased by more than nine percent in May 2013 over May 2012.Foreign Tourist Arrivals ( FTAs) also went up by more than 3.2… Read More

ACC Appointments

The Appointments Committee of the Cabinet has approved the following appointments: (i) Shri Jitendra Shankar Mathur, IAS(MP:82), Additional Secretary and Financial Adviser, Ministry of Information and Broadcasting as Additional Secretary, Ministry of Information and Broadcasting in the vacancy of Shri C.Viswanath, IAS(AP:81). (ii) Ms.Annie Moracs, IP&T A&FS(79), at present in the cadre, as Additional Secretary and… Read More

Coporates to Partner with Government for Training and Skill Development for Minorities

A Joint Committee to be set up with CII, FICCI and PHDCCI to Promote Entrepreneurial Development Programme-Shri K Rahman Khan Shri K. Rahman Khan, the Union Minister of Minority Affairs has suggested to set up a Committee of the three Business Chambers and Ministry of Labour and Employment to give impetus to the efforts to… Read More

No Additional Restrictive Measures on Gold Contemplated : CEA

Statement Made by Chief Economic Adviser Dr. Raghuram G. Rajan to the Media Today; India Has Received Net Inflow Of $3.675 Billion Between May 1 and June 10, 2013; Large Part of the Decline in the Value of Rupee In Recent Days Is Because of Dollar Strength; Significant Drop in Gold Imports Expected During June, 2013… Read More

TRAI puts on notice the cable TV subscribers of Digital Addressable Cable

The Telecom Regulatory Authority of India (TRAI) has decided to put such cable TV subscribers of DAS on notice who have not yet submitted the consumer application form (CAF), complete in all respects including their choice of channels/services, to the respective cable operator/multi system operator (MSO). In case any such cable TV subscriber does not submit… Read More

RBI raises limit for Online Repatriation of Export proceeds by 3 times

RBI/2012-13/527 A.P. (DIR Series) Circular No. 109 June 11, 2013 To All Category I Authorised Dealer Banks Madam / Sir, Processing and Settlement of Export related receipts facilitated by Online Payment Gateways Enhancement of the value of transaction Attention of Authorised Dealer Category 1 (AD Category 1) banks is invited to the A.P. (DIR Series) Circular… Read More

RBI Clarification – NBFCs not to be Partners in Partnership Firms

RBI/2012-13/525 DNBS.PD/CC.No. 328/03.02.002/2012-13 June 11, 2013 All NBFCs Dear Sir, NBFCs not to be Partners in Partnership Firms- Clarifications NBFCs were advised vide CC No. 214/03.02.002/2010-11 dated March 30, 2011 that they are prohibited from contributing capital to any partnership firm or to be partners in partnership firms. In cases of existing partnerships, NBFCs were advised to… Read More

Export of Goods and Services – Realization and Repatriation period for units in Special Economic Zones (SEZ)

RBI/2012-13/526 A.P. (DIR Series) Circular No. 108 June 11, 2013 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods and Services- Realization and Repatriation period for units in Special Economic Zones (SEZ) Attention of Authorized Dealer banks is invited to A. P. (DIR Series) Circular No. 91 dated April 1, 2003.… Read More

National Rural Health Mission – Mainstreaming of AYUSH

A total of Rs 553.00 crores was given to the States / UTs for mainstreaming of AYUSH under National Rural Health Mission during 2009-13. This resulted in the establishment of new AYUSH facilities in 803 Primary Health Centres, 113 Community Health Centres, 24 District Hospitals and up-gradation of 379 exclusive AYUSH hospitals and 415 Dispensaries… Read More

India to Help Revive 300 Apparel Factories in Myanmar

India has offered to help in revival of 300 apparel factories in Myanmar. During his meeting with the Myanmar President U Thein Sein last Friday, in Nay Pyi Taw, The Union Minister of Commerce Industry and Textiles, Shri Anand Sharma also offered US$ 5 million Line of Credit for revival of these factories. The South India… Read More

India in Myanmar – Making inroads

India Offers Usd 150 Million for SEZ in Sittwe  Indian Banks Make Inroads in Myanmar  India™s Oil Companies Get Big Projects in the Oil Rich Myanmar  Road Projects in Myanmar to Help India™s Land Locked Northeast  Anand Sharma Meets President U Thein Sein of Myanmar India has offered US$ 150 million of credit for project… Read More

Tamil Nadu Plan for 2013-14 Finalized

The Annual Plan for 2013-14 for the State of Tamil Nadu was finalised today at a meeting between Shri Montek Singh Ahluwalia, Deputy Chairman, Planning Commission and Ms. J. Jayalalithaa, Chief Minister of Tamil Nadu. The Plan size has been agreed at Rs. 37,128 crore which includes the central assistance to the State Plan of about… Read More

CLR Snippets | Appointments Committee of the Cabinet – New Appointments

The Appointments Committee of the Cabinet has approved the following : (i) The appointment of Shri Rentala Chandrasekhar, IAS(AP:75) (Retired) as Chairman, NTRO, for a period of three years from the date of assumption of the charge or until further orders whichever is earlier. (ii) The appointment of Shri S.Sundareshan, IAS(KL:76) (Retired) as Mission Director, Direct… Read More

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