Others - Corporate Law Reporter

IGL Suraksha Yojana – Group Accident Insurance Scheme for CNG run public transport vehicles

Union Petroleum Minister and Delhi Chief Minister launch IGL Suraksha Yojana ; Free group accident scheme for about 2.5 lakh CNG Vehicle drivers of public transport starts in Delhi City Gas Network to be expanded 330 cities soon Dr. M. Veerappa Moily, Union Minister for Petroleum & Natural Gas, and Smt. Sheila Dikshit, Chief Minister of… Read More

National Handicapped Finance and Development Corporation

National Handicapped Finance and Development Corporation signed s with IDBI Bank, Andhra Bank, NEDFi & three RRBs in Maharashtra to expand its concessional credit to PwDs; NHFDC achieved excellent performance under MoU evaluation system during the year; state ChannelisingAgency of NHFDC at Puducherry achieved best state Channelising Agency Award for 2011-12, are some of the highlights of NHFDC activities during last year National Handicapped Finance and… Read More

Guidelines for Determination of Tariff for Projects at Major Ports announced.

Union Minister for Shipping Mr. G K Vasan today announced in Mumbai the new Guidelines for determination of tariff for major port projects in the country. The new simplified guidelines are expected to pave way for increased investment flows into the port sector. Addressing a press conference, Mr Vasan said "the new guidelines allow the competitive market forces to… Read More

Indian Electrical Equipment Industry Mission Plan 2022

Indian Electrical Equipment Industry Mission Plan 2022 Recommends Acquisition of Land by the State Governments for Power Projects The ˜Indian Electrical Equipment Industry Mission Plan 2022™ points to the fact that one of the major reasons for the shortfall in planned versus achieved capacity addition in power generation is the problem of land acquisition. Half… Read More

Consumer Price Index Numbers for Industrial Workers (CPI-IW) June 2013

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty one). On 1-month percentage change, it increased by 1.32 per cent between May and June compared with 0.97 per cent between… Read More

OFS for divestment of GoI™s equity in National Fertilizers Limited

National Fertilizers Limited (NFL) Issue Over-Subscribed At 1.55 Times; The Government to Receive Approximately Rs. 101 Crore Towards Divestment Receipts The OFS for divestment of 7.64% of Government of India™s equity in National Fertilizers Limited (NFL) was done today on both the stock exchanges i.e. BSE & NSE. The Issue was over-subscribed at 1.55 times… Read More

Index of Eight Core Industries

The summary of the Index of Eight Core Industries (base: 2004-05) is given at Annexure. The eight core industries have a combined weight of 37.90% in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 151.2 in June, 2013, which was 0.1% higher compared to the index of June, 2012. Coal Coal production (weight: 4.38%)… Read More

New Secretary Assumes Charge in the Department of Justice

Smt. Anita Kaul, a 1979 batch IAS officer of the Karnataka cadre, here today took charge as the Secretary, Department of Justice in the Ministry of Law & Justice. She brings with her rich administrative experience as she has worked in various capacities at the Centre and the State level. Immediately before joining the Department… Read More

Single Window Clearance To Promote India as A Films Hub and Destination Secretary (I&B)

I&B Ministry Develops Sop for Film Shooting in India Online Portal and Website to Facilitate Applications Ministry Convenes National Workshop on ˜Single Window™ Clearance The Ministry of Information & Broadcasting will be working to mainstream a synchronized ˜Standard Operating Procedures (SOP)™ for obtaining permissions for films shooting in India for both Indian and foreign film… Read More

FM Speak – On 1 year at the Helm of Country’s Finance Affairs

Following is the text of the Statement made by the Union Finance Minister Shri P.Chidambaram while addressing a Press Conference here today: I complete one year as the Finance Minister today. I look back to the First Statement made by me on August 6, 2012 and how we overcame, in good measure, the challenges outlined by me in that… Read More

Rate of Interest Subvention Increased from 2% to 3%

Presently the rate of Interest Subvention for credit obtained by exporters is 2%. There has been persistent demand to both increase the rate of subvention and also to widen the coverage. At present, all exporters who are micro and small enterprises, irrespective of the export sector, are beneficiaries of this scheme. In addition, the exporters… Read More

Chhattisgarh Plan for 2013-14 Finalized

The Annual Plan for 2013-14 for the State of Chhattisgarh was finalised today at a meeting between ShriMontek Singh Ahluwalia, Deputy Chairman, Planning Commission and Dr. Raman Singh, Chief Minister of Chhattisgarh. The Plan size has been agreed at Rs.25,250crore which includes the central assistance to the State Plan of about Rs.2,574 crore. In addition,… Read More

EPFO to give Priority to timely Settlement of Claims for Provident Fund

Union Labour & Employment Minister Shri Sis Ram Ola has emphasized that the Employee Provident Fund Organization (EPFO) must give priority to timely settlement of claims for provident fund. In a meeting with the senior officers of EPFO the minister has also emphasized that due to improvement and availability of technology, the citizen rightly expects… Read More