Category Archives: News

Be aware of Virtual Currencies and Bitcoin : Indian Govt Advisory

By | December 30, 2017

Ministry of Finance Government Cautions People Against Risks in Investing in Virtual ‘Currencies’; Says VCs are like Ponzi Schemes Posted On: 29 DEC 2017 9:55AM by PIB Delhi The Ministry of Finance has issued the following statement today on Virtual ‘Currencies’. “There has been a phenomenal increase in recent times in the price of Virtual… Read More »

Linking of Jan Dhan Accounts with Aadhaar : Govt saved Rs 57,029 crore

By | December 30, 2017

Ministry of Finance Linking of Jan Dhan Accounts with Aadhaar Posted On: 29 DEC 2017 5:10PM by PIB Delhi Linking of Aadhaar in bank accounts, Jan Dhan or otherwise, enables Ministries/Departments under Centre and State governments to transfer subsidy directly into the bank account of the beneficiaries using the Aadhaar Payment Bridge. However, beneficiaries not… Read More »

special package for employment generation in leather and footwear sector approved by Govt

By | December 16, 2017

Cabinet approves special package for employment generation in leather and footwear sector  The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the special package for employment generation in leather and    footwear sector. The package involves implementation of Central Sector Scheme “Indian Footwear, Leather & Accessories Development Programme” with an approved expenditure of… Read More »

Guidelines for rewards to be paid to officers, informers & other persons 2017 for seizures of Narcotics drugs, Psychotropic substances etc. 

By | December 13, 2017

Press Information Bureau Government of India Ministry of Home Affairs 12-December-2017 Government issues new guidelines for grant of rewards to be paid to officers, informers and other persons in case of seizures of Narcotics drugs, Psychotropic substances etc. The Government of India  has issued new reward guidelines called “The guidelines for grant of rewards to be… Read More »

Consolidation of Public Sector Banks : Govt of India approved framework

By | November 1, 2017

Approval of framework for consolidation of Public Sector Banks An Alternative Mechanism for consolidation of the Public Sector Banks (PSBs) has been constituted under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley. The composition of the Alternative Mechanism will be as under: Chairperson: Shri Arun Jaitley, Minister of Finance… Read More »

Exchange Rate of Foreign Currency w.e.f 22.09.2017

By | September 21, 2017

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.84/2017-CUSTOMS (N.T.), dated  7thSeptember, 2017, except as respects things done or omitted to be done… Read More »

additional DA to Center Govt Employees and Pensioners w.e.f 1.7.17

By | September 12, 2017

Cabinet approves release of additional 1% Dearness Allowance to Central Government employees and Dearness Relief to pensioners w.e.f. 01.07.2017  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for release of additional 1% Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners. It will be… Read More »

New Guidelines for Tariff Based Competitive Bidding Process of Solar Power 

By | August 26, 2017

New Guidelines for Tariff Based Competitive Bidding Process to reduce risk, enhance transparency and increase affordability of Solar Power Ministry of New & Renewable Energy (MNRE) has issued  the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects. The Government has notified these Guidelines on 3rd August,… Read More »

Public Sector Banks to amalgamate through Alternative Mechanism

By | August 23, 2017

Cabinet gives in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM)  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM).  The decision would facilitate consolidation among the Nationalised Banks to create strong and competitive… Read More »

Family pension to divorced daughters

By | August 18, 2017

No. 1/13/09-P&PW(E) Government of India Ministry of Personnel, P.G. & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhawan, Khan Market, New Delhi, 19th July, 2017. OFFICE  MEMORANDUM Sub: Eligibility of divorced daughters for grant of family pension -clarification regarding . Provision for grant of family pension to a widowed/divorced daughter beyond… Read More »

Mobile App MyFASTag and FASTag Partner launched by NHAI

By | August 17, 2017

NHAI launches mobile App MyFASTag and FASTag Partner  Apps will facilitate the availability of FASTags for Electronic Toll Collection  National Highways Authority of India launched two mobile Apps – MyFASTag and FASTag Partner in New Delhi today, to facilitate the availability of FASTags for Electronic Toll Collection.  Speaking on the occasion the NHAI Chairman Shri… Read More »

India to Announce new gold policy soon

By | August 16, 2017

A comprehensive gold policy would be announced soon, said the India Bullion and Jewellers Association. In a statement issued after its 14th edition of the India International Gold Convention 2017, organised in Goa, it said the ministries of finance, commerce and consumer affairs, the Reserve Bank of India and other stakeholders were coming out with… Read More »

Economic Survey 2016-17 State of the Economy – An Analytical 

By | August 11, 2017

Economic Survey 2016-17 Volume-2 : State of the Economy – An Analytical Overview and Outlook for Policy Economic Survey 2016-17 Volume 2 was laid in the Parliament today. The Survey notices a rekindled optimism on structural reforms in Indian economy. Various factors such as launch of the GST; Positive impacts of demonetization; decision in principle to privatize… Read More »

Highlights of Reforms Measures in Economic Survey 2016-17

By | August 11, 2017

Highlights of Reforms Measures in the Economic Survey 2016-17 Volume-2 Agriculture and Food Management   Reforms: Managing and reducing the various risks in agriculture activities can make the sector resilient, increase profitability and can ensure stable income flows to the farmers. The following reforms are suggested for increasing productivity in agriculture and allied sector:   To… Read More »

Profile of President of India – Shri Ram Nath Kovind

By | July 25, 2017

Profile of President Shri Ram Nath Kovind A lawyer, veteran political representative and long-time advocate of egalitarianism and integrity in Indian public life and society, Shri Ram Nath Kovind was born on October 1, 1945, in Paraunkh, near Kanpur, Uttar Pradesh. His parents were Shri Maiku Lal and Smt Kalawati. Before assuming charge of the… Read More »

Centrally Sponsored Schemes – sunset date for all schemes 

By | July 21, 2017

Centrally Sponsored Schemes – sunset date for all schemes  There are 28 Centrally Sponsored Schemes running across the country. All 28 Centrally Sponsored Schemes have sunset dates except Mahatma Gandhi National Rural Employment Guarantee Scheme of the Ministry of Rural Development, which is under Mahatma Gandhi Rural Employment Guarantee Act. In para-110 of the Budget… Read More »

Simplification in Procedure for Getting Passports in India

By | July 20, 2017

Simplification in Procedure for Getting Passports  The Government has decided to print personal details on passports in both Hindi and English languages.  The pre-printed portion of the passport is already in Hindi and English languages. The Government has implemented with effect from 24 June, 2017 a new scheme under which senior citizens of the age of… Read More »

16 Bills to be introduced in Monsoon Session of Parliament 2017

By | July 16, 2017

Government holds All Party Meet ahead of Monsoon Session of Parliament beginning tomorrow   All Political Parties stand united to ensure Nation’s Safety and Security: Shri Narendra Modi  PM urges all Parties for their support in smoothly conducting the Business in the Monsoon Session of Parliament, 2017  Session will provide a total of 19 sittings spread over… Read More »

Cancellation of FCRA registration  : Show Cause Notice issued to 5922 Associations

By | July 10, 2017

Show Cause Notice issued to 5,922 Associations for cancellation of FCRA registration  As a one-time measure, all associations were given an opportunity by way of a Public Notice uploaded on fcraonline.nic.in on May 12, 2017 requiring the associations to file their missing Annual Returns pertaining to FY 2010-11 to 2014-15 within a period of one… Read More »

Highlights of Allowances of 7th Central Pay Commission approved by Govt

By | July 7, 2017

The Central Government’s decision on recommendations of the 7th Central Pay Commission (CPC) on Allowances published in Gazette of India yesterday i.e. 6th July, 2017; All allowances are given effect from 1st July 2017;  Concerned Ministries advised to issue their Orders on Allowances governed by them immediately so that the revised rates of allowances get… Read More »

ECBC 2017 – Energy Conservation Building Code 2017

By | June 19, 2017

Shri Piyush Goyal Launches Energy Conservation Building Code 2017 Adoption of ECBC could lead to 30%-50% energy savings by commercial buildings Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines launched the Energy Conservation Building Code 2017 (ECBC 2017) here today. Developed by Ministry of Power and Bureau… Read More »

Officially valid document as per Prevention of Money-Laundering (Maintenance of Records) Rules 2005

By | June 17, 2017

Officially valid document As per Section 2(d) of Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 officially valid document means : means 1[the passport, the driving licence, the Voter’s Identity Card issued by Election Commission of India, job card issued by NREGA duly signed by an officer of the State Government, the letter issued by the… Read More »

One time exemption to NGOs to file missing Annual Returns to close on 14th June

By | May 27, 2017

Press Information Bureau Government of India Ministry of Home Affairs 26-May-2017 One time exemption given to NGOs to file missing Annual Returns to close on 14th June The Government has given one final opportunity to all associations/organizations which have applied for renewal of their registration under the Foreign Contribution (Regulation) Act, 2010 (FCRA) but not… Read More »

Intern visa guidelines by Govt of India

By | May 20, 2017

Intern visa guidelines  The Government of India issued comprehensive guidelines for the intern visa program when the individual is sponsored by an Indian company or an educational institution or a non-governmental organisation. Read a May 2017 report [PDF 304 KB] of KMG

Fugitive Economic Offenders Bill 2017 – Govt of India Invites Comments

By | May 18, 2017

Government invites comments / suggestions of all stakeholders concerned / public at large on the Draft ‘Fugitive Economic Offenders Bill, 2017’ It is widely felt that the spectre of high-value economic offenders absconding from India to defy the legal process seriously undermines the rule of law in India. It is, therefore, felt necessary to provide… Read More »

New Coal Allocation Policy for Power Sector – 2017 – SHAKTI

By | May 17, 2017

Cabinet approves Signing of Fuel Supply Agreement (FSA) with Letter of Assurance (LoA) holders of Thermal Power Plants(TPPs) – Fading Away of the existing LoA-FSA Regime and Introduction of a New More Transparent Coal Allocation Policy for Power Sector, 2017-SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) The Cabinet Committee on Economic… Read More »

Govt allows Construction for Public works in centrally protected monument/ site.

By | May 17, 2017

Cabinet approves Amendment of the Ancient Monuments and Archaeological Sites and Remains Act, 1958 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the introduction of the Ancient Monuments and Archaeological Sites Remains (Amendment) Bill, 2017 in the Parliament. To make way for certain constructions limited strictly to public works and… Read More »

Govt clears law for eviction of unauthorised occupants from Govt residences.

By | May 17, 2017

Cabinet approves amendment of the Public Premises (Eviction of Unauthorized Occupants) Act, 1971 to enable summary eviction proceedings in Residential Accommodation The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for amendment in Section 2 and Section 3 of the Public Premises (Eviction of Unauthorised Occupants) Act, 1971 (PPE… Read More »

Govt to Transfer cash into account of Pregnant Women -Maternity Benefit Program

By | May 17, 2017

Cabinet approves Pan-India implementation of Maternity Benefit Program The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to Pan-India implementation of Maternity Benefit Program which now has been extended to all districts of the country w.e.f. 01.01.2017. The Prime Minister in his address to the nation on 31.12.2016… Read More »

SOP on rehabilitation of children in conflict with law developed by WCD Ministry

By | May 12, 2017

SOP on rehabilitation of children in conflict with law developed by WCD Ministry  The Ministry of Women and Child Development has developed a Standard Operating Procedures (SOP) for rehabilitation of children in conflict with law under the Juvenile Justice System. The said SOP aims to emphasize the cause of rehabilitation and social re-integration by providing… Read More »

National Steel Policy 2017 – Approved by Govt of India

By | May 3, 2017

Cabinet approves National Steel Policy 2017 New Policy – A reflect of long term Vision Focus on enhancing domestic consumption, high quality steel production and making the sector globally competitive The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for National Steel Policy (NSP) 2017. The new Steel Policy… Read More »

Doctors have to Prescribe generic drugs or face disciplinary action: MCI

By | April 25, 2017

Phone : 25367033, 25367035, 25367036 Telegrams : MEDCONCIND, New Delhi Fax : 0091-11-25367024 E-mail : pg@mciindia.org; mci@bol.net.in Website : www.mciindia.org Pocket- 14, Sector- 8, Dwarka Phase – 1 New Delhi-110077 MEDICAL COUNCIL OF INDIA No. MCI-211(2)(Gen.)/2017-Ethics/104728 Date: 21/04/2017 To, 1. Dean/ Principals of all the Medical Colleges, 2. Director of all the hospitals (exclusive PG Institutions without medical colleges),… Read More »

3 key legal aid and empowerment initiatives of Govt of India

By | April 20, 2017

Legal Aid and Empowerment initiatives launched Ravi Shankar Prasad calls for Expediting Judicial Reforms Minister of Law & Justice and Electronics & IT, Sh. Ravi Shankar Prasad today appealed to all those involved in the delivery of justice to join hands in improving the system to ensure that assistance is available to every citizen irrespective… Read More »

Govt decides to do away with beacons for all categories of vehicles

By | April 20, 2017

Press Information Bureau Government of India Ministry of Road Transport & Highways 19-April-2017 15:56 IST The Government decides to do away with beacons for all categories of vehicles With a view to strengthening healthy democratic values in the country, the Central Government took another historic step today. The Union Cabinet, in its meeting chaired by… Read More »

Cabinet approves procurement of Voter Verifiable Paper Audit Trail in Elections

By | April 19, 2017

Cabinet approves procurement of Voter Verifiable Paper Audit Trail Units for use in the General Elections, 2019 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for procurement of Voter Verifiable Paper Audit Trail (VVPAT) Units for use in the General Elections, 2019 for a)    purchase of  16,15,000 Voter… Read More »

Cabinet gives approval for introduction of Constitution (123 rd Amendment) Bill 2017

By | April 19, 2017

Cabinet gives approval for introduction of Constitution (One Hundred and Twenty-third Amendment) Bill 2017 and (ii) National Commission for Backward Classes (Repeal) Bill, 2017 in the Parliament Approval also granted for retention of posts and office premises for the proposed new National Commission for Backward Classes The Union Cabinet chaired by the Prime Minister Shri… Read More »

Tax on NPS

By | April 11, 2017

Tax on NPS The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2016 by inserting clause (12A) in Section 10 of the Act. Prior to Finance Act, 2016, National Pension Scheme (NPS), referred… Read More »