Online submission of project proposals for funds through newly launched Electronic Project Proposal System
Union Minister for Communications and IT, Shri Kapil Sibal held a round table discussion with Academia, Industry and R&D organizations, here yesterday. The round table was held in order to have broad consensus and opinion on the proposed ICT&E R&D and Innovation Framework prepared by DeitY. During this event, the Minister also launched the `Electronics… Read More
GoI approves TRAI recommendations on application of Green Energy in the Telecom Sector
Use of Renewable Energy in Telecom Sector The Telecom Regulatory Authority of India (TRAI) recommendations on Green Energy applications have been approved by Government. Following directives have been issued to the licensees/all ILD service providers to adopt measures to green the Telecom sector setting broad directions & goals: i. At least 50% of all rural… Read More
MoC reports says that Export growth was negative in early 2012-2013
Exports declined by 6.9% during first half of 2012-13 as compared same period of last year. The details of commodity-wise export including quantity and value for the current year is available in the DGCI&S publication in CD form namely ˜Monthly Statistics of Foreign Trade of India™ Vol. I (Exports). Such CD™s are regularly sent to… Read More
RBI report informs that FDI investments were lower than potential in 2010-2011
Decline in Inflow of Foreign Capital Reserve Bank of India (RBI) has informed that according to a research study titled ˜Foreign Direct Investment Flows to India™ undertaken by RBI, Foreigh Direct Investment (FDI) flow into India were lower than the potential level in 2010-11. However, net capital inflow, including FDI, picked up to US$ 67.8… Read More
Liability of Nuclear Suppliers
Section 4 of the Civil Liability for Nuclear Damage Act, 2010 channels the liability for nuclear damage to the operator of the nuclear installation. The operator of the nuclear installation after paying the compensation for nuclear damage, shall have a right of recourse against the supplier in accordance with Section 17 of the said Act.… Read More
GoI statement on Role of TRAI
TRAI has contributed significantly in the growth of telecom services, resulting in increase in consumer base and deployment of vast network of the telecom services by the service providers across the length and breadth of the country. These measures have resulted in overall benefits to the consumer in terms of choice of services, affordable tariff… Read More
Measures taken by GoI against Cyber Security Threat
There have been attempts from time to time to penetrate cyber networks operating in Government. These attacks have been observed to be originating from the cyber space of a number of countries including China. It has been observed that the attackers are compromising computer systems located in different parts of the World and use masquerading… Read More
Modification in Forest Clearance Norms
The Ministry of Environment and Forests (MoEF) vide letter dated 01.02.2013 informed the all State/ Union Territory Governments as below: (i) Henceforth, in case of mining leases having forest land in part or in full, approval under the Forest (Conservation) Act, 1980 (FC Act) for diversion of entire forest land located within the mining lease… Read More
New Foreign Contribution Regulation ACT Messaging System
A new FCRA Messaging System has been set up within the online FCRA System at www.fcraonline.nic.in to facilitate speedy and assured communication between Ministry of Home Affairs, (Foreigners Division FCRA) and NGOs. Presently, this FCRA Messaging System is available / accessible to NGOs who have applied for FCRA registration online and to registered NGOs. The… Read More
Defence Export Policy
The Government does not have a separate Defence Export Policy. The Export and Import Policy along with the conditions thereof is available in the ITC (HS) Classification of Export and Import items as published by Department of Commerce. The same can be accessed on the DGFT website at www.dgft.gov.in. Schedule 2 of the ITC (HS)… Read More
ICAI perspective on the Economic Survey 2012-2013
The Institute of Chartered Accountants of India (ICAI) welcomes the Economic Survey 2012-13 which shows that although the economy exhibited moderate growth rate during 2012-13 but its growth rate is much higher and better than the global growth rate and growth rate achieved by developed economies. The ICAI is sure that with strong economic fundamentals,… Read More
DVAT Notification regarding Composition Scheme
(TO BE PUBLISHED IN PART IV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-I) DEPARTMENT DELHI SACHIVALAYA, I.P. ESTATE, NEW DELHI-110002 No.3(13)/Fin.(Rev-I)/2012-13/dsvi/180/ Dated the 28-02-2013 NOTIFICATION Whereas the Lt. Governor of the National Capital Territory of Delhi is of the opinion that it is necessary in the interest of… Read More
CBEC Clarifies Norms for Execution of Bank Guarantee in respect of Advance Authorization under EPCG schemes
Circular No. 08 / 2013-Customs F. No.609/134/2012-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise and Customs New Delhi, the 4th March, 2013 To All Chief Commissioners of Customs All Chief Commissioners of Central Excise / Customs & Central Excise All Director Generals under CBEC, All Commissioners of Customs /… Read More
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