To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (II) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Notification No: 30 (RE-2013)/2009-2014 New Delhi, the 1st August, 2013 Subject: Amendments in Para 3.12.7 of Foreign Trade Policy 2009-14 regarding SFIS. S.O.(E) - In exercise of the powers conferred… Read More
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION -3, SUB -SECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 80/2013 CUSTOMS (N. T.) New Delhi, 31th July, 2013 9 Shravana, 1935 (SAKA) In exercise of the powers conferred by sub-section (2) of section 14 of… Read More
RBI/2013-14/172 DNBS.PD.CC.No. 354/03.10.001/2013-14 August 02, 2013 All NBFCs Dear Sir / Madam, Financing of Infrastructure - Definition of 'Infrastructure Lending' Government of India, vide its Gazette Notifications dated April 5, 2013 and May 9, 2013, has updated the Harmonised Master List of Infrastructure sub-sectors and added the following new sub-sectors to the Notification dated March… Read More
RBI/2013-14/171 DPSS. CO.PD.No. 289/02.10.002/2013-2014 August 1, 2013 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, ATM transactions Enhancement of customer service The Reserve Bank of India has, over a period of… Read More
RBI/2013-14/170 UBD BPD (PCB) Cir. No.3/14.01.062/2013-14 August 1, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1988 (2011) Sanctions List - Primary (Urban) Co-operative Banks Please refer to our Circular UBD.BPD.(PCB).Cir.No.23-14.01.062-2012-13 dated November 2, 2012 on the captioned subject. We… Read More
(Keynote address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India, at the IDRBT Banking Technology Excellence Awards Function on August 2, 2013 at Hyderabad) Once again, it is my pleasure and privilege to be here at IDRBT for the annual awards for IT excellence in banking. Every time I come here, I am impressed… Read More
Continuing scheme of Technology Upgradation/ Establishment/ Modernization of Food Processing Industries during the 12th Plan (2013-17) for meeting the committed liabilities of 12th Plan The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Food Processing Industries for continuing the Scheme of Technology Upgradation/ Establishment/ Modernization of Food Processing Industries during… Read More
The Cabinet Committee on Economic Affairs has approved the proposal for infrastructure development at various establishments of the Border Security Force (BSF) under the 12th Five Year Plan at a total estimated cost of Rs.3664.61 crore. This includes construction of 111 Barracks, 10300 residential quarters, about 210 office buildings and two composite hospitals. The approval… Read More
The Cabinet Committee on Economic Affairs, in accordance with the Government of India`s disinvestment policy, has approved the disinvestment of 10 percent paid-up equity in the Indian Oil Corporation Limited (IOCL), out of its equity capital holding of 78.92 percent. The disinvestment will be through Offer for Sale (OFS) method in the domestic market according… Read More
The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Chemicals and Fertilizers to revise the following terms and conditions of the revival package, approved in 2006, for the Hindustan Organic Chemicals Limited (HOCL): (a) Postponement of the redemption of shares to the Govt. of India, worth Rs. 270 crore (total… Read More
The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Power for continuing the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) in the 12th Plan for: i. Completing spillover works of projects sanctioned in 10th and 11th Plan. ii. Continuing the scheme for covering all remaining `census villages and habitations with population… Read More
The Cabinet Committee on Economic Affairs has approved the collaboration project of Indian Institute of Technology, Hyderabad (IITH) under the Official Development Assistance (ODA) loan by Government of Japan and grants by Ministry of Human Resource Development (MHRD), Government of India. The project costing Rs. 1776.50 crore will be financed out of the ODA loan… Read More
The Cabinet Committee on Economic Affairs has approved creation of the Special National Investment Fund for the specific objective of meeting the minimum public shareholding of 10 percent requirement in the following six Central Public Sector Enterprises (CPSEs). (i) Andrew Yule & Company Ltd. (ii) Fertilizers & Chemicals (Travancore) Ltd. (iii) Hindustan Photo Films Manufacturing… Read More