Others - Corporate Law Reporter

UIDAI wins top honours at International IT forum

Acknowledging the pivotal role played by UIDAI in leveraging technology to change people lives, streamline delivery of welfare services and provide opportunity to people to participate more fully in society, the jury of International Data Group (IDG) Computerworld Honours Program, Computerworld Honors Laureate selected UIDAI for 21st Century Achievement Award 2013 under the category ˜Economic Development™.… Read More

Goa Plan for 2013-14 Finalized

The Annual Plan for 2013-14 for the State of Goa was finalised today at a meeting between ShriMontek Singh Ahluwalia, Deputy Chairman, Planning Commission and Sh. ManoharParrikar, Chief Minister of Goa. The Plan size has been agreed at Rs. 4,715 crore which includes the central assistance to the State Plan of about Rs. 225 crore.… Read More

Disinvestment of 5 percent paid up equity in Neyveli Lignite Corporation Ltd.

The Cabinet Committee on Economic Affairs today approved the disinvestment of 5 percent equity of Neyveli Lignite Corporation (NLC), out of its holding of 93.56 percent through an Offer For Sale (OFS) in the domestic market according to Securities and Exchange Board of India (SEBI) rules and regulations. The authorized capital of NLC is Rs. 2,000… Read More

Continuation of the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in XII / XIII Plan

The Cabinet Committee on Economic Affairs today approved the proposal for the continuing the Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in the XII Plan with minor changes to complete the ongoing / in pipeline projects so as to meet the objective and scope of the XI Plan R-APDRP. There is no change in… Read More

Facilitation of harmonious substitution of Concessionaire in the ongoing and completed National Highway Projects

The Cabinet Committee on Economic Affairs today approved the proposal to facilitate harmonious substitution of Concessionaire in ongoing and completed National Highway Projects. This will expedite implementation of road infrastructure in the country and insulate the National Highway Authority(NHAI) from heavy financial claims and unnecessary disputes. The proposal aims at revival of the sector by facilitating substitution… Read More

CCEA approves mechanism for coal supply to power producers

The Cabinet Committee on Economic Affairs (CCEA) today approved the following mechanism for supply of coal to power producers: (i) Coal India Ltd. (CIL) to sign Fuel Supply Agreements (FSA) for a total capacity of 78000 MW including cases of tapering linkage, which are likely to be commissioned by 31.03.2015. Actual coal supplies would however… Read More

Share Sale to Employees of CPSEs Post-OFS

In the recent past, Government has undertaken a number of transactions through Offer for Sale of Shares by Promoters through Stock Exchanges Mechanism (OFS). To incentivize the employees of such CPSEs, Government decided to also offer sum shares to them on successful completion of the OFS. The shares are to be offered at a discount of… Read More

GOM Recommendations on Restructuring Centrally Sponsored Schemes in the 12th Plan

The Union Cabinet today decided to restructure the existing Centrally Sponsored Scheme (CSS)/ Additional Central Assistance (ACA) schemes in the Twelfth Five Year Plan into 66 schemes, including Flagship programmes. This includes 17 Flagship programmes with significant outlays for major interventions required in health, education, irrigation, urban development, infrastructure, including rural infrastructure, skill development, etc. To… Read More

National Consumer Helpline – Complaint Report, May 2013

The National Consumer Helpline (NCH) received 12,704 calls during May, 2013. In addition to these telephonic calls/complaints, 2135 complaints were also received through online complaint system on NCH website. The maximum calls were received from Delhi followed by Uttar Pradesh, Maharashtra, Haryana, Rajasthan, Bihar, Gujarat, West Bengal, Madhya Pradesh and Punjab. Break-up of calls in respect of top ten States during May,… Read More

Change of Guard :: Shri Mallikarjun Kharge Takes Over as Minister of Railways

Shri Mallikarjun Kharge assumed charge as the Union Minister of Railways here today i.e. 19th June, 2013. Prior to this, Shri Kharge was Union Minister of Labour and Employment. He is a Member of Parliament (Lok Sabha) from Gulbarga constituency in Karnataka. Immediately after assuming the office, the Shri Kharge was briefed by Shri Vinay Mittal,… Read More

Key Indicators of Household Consumer Expenditure in India, 2011-12

The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has released the key indicators of household consumer expenditure in India, generated from the data collected during July 2011June 2012 in its 68th round survey. NSS surveys on consumer expenditure are conducted quinquennially starting from 27thround (October 1972 September 1973) and the last quinquennial survey was conducted in NSS… Read More

Change of Guard : K S Rao Takes Charge as New Textiles Minister

Dr. Kavuru Sambasiva Rao took over as the new Union Minister for Textiles here today. Dr. Rao is a Lok Sabha member from Eluru constituency of Andhra Pradesh. Speaking to mediapersons after taking charge as the new Textiles Minister, Dr. Rao expressed concern over the current account deficit (CAD) which is affecting the nation™s economy. He highlighted… Read More

Change of Guard : Smt. Santosh Chowdhary takes over as Minister of State for Health and Family Welfare

Smt. Santosh Chowdhary has taken over as the Minister of State for Health & Family Welfare in New Delhi today. Smt. Chowdhary is the Member of Parliament from Hoshiarpur Constituency of Punjab. Speaking to media, Smt. Chowdhary said, I shall try to implement all schemes of the UPA Government relating to health sector for the… Read More