CLR Snippets | Work Commences on Six Greenfield Airports

The Minister of State for Civil Aviation, Shri K.C. Venugopal informed Lok Sabha today that construction at various airports including Aranmula airport project has not stopped. The Government of India has granted `in principle` approval for setting up of 15 Greenfield airports across the country out of which, physical work at 6 airports namely, Gulbarga,… Read More

Progress Report of Delhi Mumbai Industrial Corridor Project

The Government of India has approved financial assistance of Rs 17,500 crore at an average of Rs 2500 crore per city (subject to a ceiling of Rs 3000 crore per city) for the development of the following seven DMIC industrial cities in the first phase: Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh; Manesar-Bawal Investment Region, Haryana; Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan; Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh; Ahmedabad-Dholera Investment… Read More

Planning Commission’s Environmental Performance Index – State wise rankings 2012

The planning commission is in the process of developing an Environmental performance index (EPI) to incentivise states for environmental performance through budgetary allocations. The major aspects taken into account for this are Air pollution, Forest, water quality, water management and Climate change. The state-wise EPI and ranking are given below. State/UT Final EPI 2012 Rank Andhra… Read More

CLR Snippets | UIDAI – Biometric Standards Committee Report

On 29th September 2009, the Unique Identification Authority of India (UIDAI) constituted a Biometric standards committee under the chairmanship of Dr. B.K. Gairola, Director General, National Informatics centre with the objective of framing biometrics standards for the use by the UIDAI and its partners. The committee submitted its report on 30thDecember, 2009. The report is available here for download.… Read More

DGFT notification on a new SION bearing number A-3642

(To be published in the Gazette of India Extraordinary) (Part I-Section 1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 9 (RE: 2013)/2009-2014 New Delhi: dated 6th May, 2013 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures… Read More

DGFT notification on a new SION bearing number A-3641

(To be published in the Gazette of India Extraordinary) (Part I-Section 1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 8 (RE: 2013)/2009-2014 New Delhi: dated 6th May, 2013 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures… Read More

DGFT Notification on a new SION bearing number A-3640.

(To be published in the Gazette of India Extraordinary) (Part I-Section 1) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 7 (RE: 2013)/2009-2014 New Delhi: dated 1st May, 2013 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures… Read More

Discussion paper on Co-location / Proximity hosting facility offered by the stock exchanges

Objective To seek public comments on a possible solution to provide greater equality and fairness in order handling to the participants that do not use co-location services vis-à-vis participants that place orders using automated trading system and are co-located at the stock exchange. 1. Introduction 1.1. Adoption of various technological advancements in the Indian securities… Read More

Regulatory action against Companies and their directors for non-redressal of Investor Grievances

SEBI  takes  appropriate  enforcement  actions  (adjudication,  directions  etc)  as  provided under  the  law  where  progress  in  redressal  of  investor  grievances  is  not  satisfactory. Accordingly,  directions  under  section  11B/11  (4)  (b)  of  SEBI  Act  were  passed  against  the following  companies  and  its  directors  debarring  them  from  accessing  the  securities market  and  from  buying,  selling  or  dealing … Read More

SEBI(Substantial Acquisition of Shares and Takeovers)(Amendment)Regulations, 2013 (as amended upto March 26, 2013)

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, SEPTEMBER 23, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, 23rd September, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 F. No. LAD-NRO/GN/2011-12/24/30181.”In exercise of the powers conferred under section 30 read with… Read More

Delhi VAT – Embassy Exemption on purchases

(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONA CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN : I.P.ESTATE: NEW DELHI -110 002 No.F.5(54)/Policy-II/VAT/2012-13/149-161 Dated:06/05/2013 NOTIFICATION No.F.5(54)/Policy-II/VAT/2012-13/ : WHEREAS the Ministry of External Affairs, Government of India, in accordance with the principle of reciprocity have requested the Government of… Read More

Over Rs 19,000 crore collected as Additional Excise Duty on Petrol and Diesal in 2012-13

The Minister of State for Petroleum & Natural Gas Smt. Panabaaka Lakshmi informed the Rajya Sabha in a written reply today that the total amount collected from Additional Excise Duty during the years 2012-13 (Provisional) is 19,333 corre. Smt P. Lakshmi said that the amounts collected during 2011-12 and 2010-11 are Rs 18,428 crore and… Read More

Assam Plan for 2013-14 Finalized

The Annual Plan for the year 2013-14 for the state of Assam was finalised here today at a meeting between Deputy Chairman, Planning Commission, Mr. Montek Singh Ahluwalia and Chief Minister of Assam, Sh. Tarun Gogoi. The plan size has been agreed at Rs.12,500 crore. In his comments on the performance of the State, Mr… Read More

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