Clarification of Definition of MSE Owned by SC/ST Entrepreneurs

The Government introduced Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 which is notified under MSMED Act 2006. The Public Procurement Policy mandates every Central Ministries/Departments/CPSUs to set an annual goal for procurement from the MSE sector from the 1st April 2012 with objective of achieving an overall procurement of minimum 20% of… Read More

India-US Higher Education Dialogue 2013

The HRD Minister Dr. M.M. Pallam Raju has said that India and US have great potential to expand Co-operation in Education Sector. Addressing India-US Dialogue in New Delhi today, Dr. M.M. Pallam Raju gave road map for the collaboration. It includes promoting institution to institution ties; deepening co-operation in R&D; encouraging faculty exchanges; and development… Read More

CBEC Extends 24×7 Customs Clearance Facility for Export Cargo from 1ST July, 2013

Beginning 1st July, 2013, Customs clearance of all export goods will take place on 24x7 basis from four major Air Cargo Complexes/airports i.e., Bangalore, Chennai, Delhi and Mumbai. Thus, all exports including those made under export incentives scheme as well as duty drawback scheme will now be able to be move out of the country… Read More

Extension of time for receiving comments on consultation paper on Monopoly / Market dominance in Cable TV services

The Telecom Regulatory Authority of India (TRAI) released consultation paper on Monopoly / Market dominance in Cable TV serviceson 03rd June 2013, inviting written comments from the stakeholders by 24th June, 2013 and counter comments by 1stJuly, 2013. On request of the stakeholders, the last date for receipt of written comments and counter comments has been… Read More

RBI Notification on External Commercial Borrowings (ECB) for the low cost affordable housing projects

RBI/2012-13/539 A.P. (DIR Series) Circular No. 113 June 24, 2013 To All Authorised Dealer Category I Banks Madam / Sir External Commercial Borrowings (ECB) for the low cost affordable housing projects Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 61 dated December 17, 2012 on… Read More

RBI Notification on Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions

RBI/2012-13/540 DPSS (CO) PD No.2377/02.14.003/2012-13 June 24, 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/ Authorised Card Payment Networks Madam / Dear Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment… Read More

Change in Tariff Value of Rbd Palmolein, Brass Scrap (All Grades), Poppy Seeds, Gold and Silver Notified

            In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962),  the Central Board of Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, hereby  makes the following amendment in the notification of the Government of India in… Read More

Customs amendment notification – addition of items

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 33/2013-Customs Dated: June 19, 2013 G.S.R. (E)- In exercise of the powers conferred by sub-section (1) of section 25 of theCustoms Act, 1962 (52 of 1962), the Central Government, being satisfied that… Read More

Anand Sharma Invites Investment from Northern Ireland

The Union Minister of Commerce and Industry Shri Anand Sharma, while delivering the opening session of the Global India Business Meet at Belfast yesterday said that he remains optimistic that the emerging idea of India will infuse similar confidence to other countries to partner with India. I also invite investors and businesses to invest in India… Read More

Prime Minister to hold a Meeting to Review Infrastructure Sectors

The Prime Minister will hold a meeting of key infrastructure Ministries on Friday, 28.6.2013. The meeting will be attended by Ministers of Railways, Road Transport & Highways, Shipping, Civil Aviation, Power and Coal. 2. The purpose of this meeting will be to discuss the targets to be achieved in these infrastructure sectors for the year… Read More

Summary status of implementation of Prime Minister™s Reconstruction Plan (PMRP) for Jammu & Kashmir

Prime Minister recently reviewed the progress of various projects under Prime Minister™s Reconstruction Plan (PMRP). The PMRP for J&K contains 67 projects/schemes in 4 areas covering 11 sectors of the economy. I.        Expanding Economic Infrastructure: The first area involves action on many projects in sectors relating to power, roads and external borrowings.  Under this area, actions in respect of many… Read More

Draft National Water Framework Bill released

Water Resources Ministry Relrases Draft National Water Framework Bill, Draft River Basin Management Bill ; and Draft National Policy Guidelines for Water Sharing/Distrution Amongst States for Comments by Next Month End The Ministry of Water Resources has released Draft National Water Framework Bill, Draft River Basin Management Bill and Draft National Policy Guidelines prepared by the… Read More

Auction for Sale (Re-Issue) of 1.44% Inflation Indexed Government Stock 2023

Government of India have announced the sale (re-issue) of 1.44% Inflation Indexed Government Stock-2023 for a notified amount of Rs. 1,000 crore (nominal) through price based auction. The auction will be conducted using uniform price method. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on June 25, 2013 (Tuesday). Up to 20% of the… Read More

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