Others - Corporate Law Reporter

Policy Initiatves and Schemes for Handloom Industry

The handloom industry is one of the industries which uses labour intensive techniques. The total number of people currently employed in this sector/industry is 43.32 lakhs as per the census of 2009-10. Handloom weaving constitutes one of the richest and most vibrant aspects of Indian cultural heritage, hence Ministry of Textiles GOI is making serious efforts to sustain and promote… Read More

Regulatory Framework for Organizing blood Donation Camps

The requirements of premises, personnel, equipments and organizations permitted to conduct a blood donation camp are provided under Schedule F (Part XII-B Sub part-II) of the Drugs and Cosmetics Rules, 1945. The relevant extract from Act is at Annexure. Department of AIDS Control supports 1137 blood banks in government and charitable sectors and ensures access… Read More

CLR Snippets | National Urban Livelihood Mission

The Ministry of Housing and Urban Poverty Alleviation has proposed to launch a National Urban Livelihoods Mission (NULM) in 12th Five Year Plan, which will replace the existing Swarna Jayanti Shahari Rozgar Yojana (SJSRY). NULM would focus on the primary issues pertaining to urban poverty such as imparting skill training, enabling entrepreneurship develop, providing wage… Read More

Government sets up Committee on Fixing of Agricultural Commodities

The Government has constituted a Committee under the Chairmanship of Director, National Centre for Agricultural Economics & Policy Research in the month of April, 2013, to examine the methodological issues in fixing Minimum Support Prices. The terms of reference of the Committee are given as under:- ïƒ˜ To examine the existing mandate of the Commission… Read More

Penalty on Ranbaxy Laboratories for Selling Adulterated Drugs

Ranbaxy laboratory has not been fined USD 500 Million by the United States Food and Drug Administration (USFDA). However, Ranbaxy USA, Inc. pleaded guilty in the US District Court of Maryland for manufacture and distribution of certain drugs not in conformity with the good manufacturing practices (GMP) regulation which is considered as adulterated drugs as… Read More

Enforcement of Transplantation of Human Organs Act, 1994

The Transplantation of Human Organs Act, 1994 is in force all over the country except the states of Jammu & Kashmir and Andhra Pradesh(who have their own Acts pertaining to organ donation). The Transplantation of Human Organs (Amendment) Act 2011, after receiving the assent of the President of India was published in the Gazette of… Read More

Ban on Sale of Nicotine Containing Products

Government of India has notified the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations, 2011 dated 1st August 2011, under the Food Safety and Standards Act, 2006, which prohibit the use of tobacco and nicotine as ingredients in any food products. The said Regulation 2.3.4 lays down as under Product not to contain… Read More

Creation of Separate Central Drug Controller of AYUSH

The Government plans to set up Central Drug Controller of Ayurveda, Siddha, Unani and Homeopathy (AYUSH) drugs. The proposal in this regard was sent to Department of Expenditure, Ministry of Finance. 13 posts comprising of one Drug Controller General (AYUSH), five Deputy/Assistant Drug Controllers and seven Drug Inspectors have been agreed to. Allocation of Rs.… 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

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

SEZ Exports Stood at Rs 1.3 Lakh Crores in First Quarter of 2013-14

In addition to Seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to 576 proposals out of which 392 SEZs presently stand notified. A total of 173 SEZs have commenced export. A list showing State-wise distribution of formally… Read More