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Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’

The Ministry of Corporate Affairs has revised the existing threshold value of assets and turnover mentioned under Section 5 of the Competition Act, 2002 (the ‘Act’). Earlier, the threshold limits prescribed under Section 5 of the Act were revised in year 2011 vide notification S. O. No. 480 (E) dated 4th March 2011. Subsequently, the threshold limits were reviewed and revised ...

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Union Minister Pralhad Joshi launches “Coal Logistics Plan and Policy”

Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi has launched a groundbreaking initiative, the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress with the patronage of the Ministry of Coal in Vigyan Bhawan, New Delhi Addressing the event, Shri Pralhad Joshi underscored the imperative need for efficient logistics to meet the ...

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MoS Rajeev Chandrasekhar holds Digital India Dialogues in Mumbai on the Principles of the Digital India Act

Union Minister of State for Skill Development and Entrepreneurship and Electronics and IT Rajeev Chandrasekhar today held Digital India Dialogues on the Principles of the Digital India Act, a future ready legislation that aims to replace the existing IT Act and provide a strong legal framework for protecting the rights of the Digital nagriks while ensuring an enabling environment for ...

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Details of Fund Collected Under District Mineral Foundation by Different States

The Central Government under Section 20A of the MMDR Act has issued directions and circulated guidelines for Pradhan Mantri Khanij Kshetra Kalyan Yojna (PMKKKY) on 16.09.2015 to be implemented by the District Mineral Foundations (DMF) for taking up development and welfare projects/programs in mining affected areas. Further, Section 9B and Section 15(4) of MMDR Act empowers State Governments to frame ...

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Policy for Promotion of Software Exports

As per National Association of Software & Services Companies (NASSCOM), exports from Indian Information Technology/ Business Process Management (IT/ BPM) sector over the last three years are as under: S. No. Financial Year (FY) Exports (in USD Billion) 1. 2019-20 149 2. 2020-21 152 3. 2021-2022(E) 178   The contribution of different states to software exports by Software Technology Parks ...

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Regulation of Digital Media

To help achieve the aim of making Internet Open, Safe and Trusted and Accountable and to regulate the intermediaries, including social media intermediaries, and in exercise of powers conferred by the Information Technology Act, 2000the Central Government has made the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. These rules cast specific obligation on intermediaries to observe ...

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Measures taken by Government to boost exports

The Government has taken the following measures to boost exports and reduce trade deficit: Foreign Trade Policy (2015-20) extended upto 31-03-2023. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024. Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. Rebate ...

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POLICY MEASURES TO SUPPORT FOOD PROCESSING SECTOR

The Government has taken various policy measures and reforms to support food processing sector as indicated below: Inclusion of food & agro-based processing units and cold chain as agricultural activity under Priority Sector Lending (PSL) norms in April 2015. As a measure towards of ease of doing business, the Food Safety and Standards Authority of India (FSSAI) through notifications in ...

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Treatment of Mine Water

As per Rule 41 of the Mineral Conservation and Development Rules (MCDR), 2017, leaseholders are required to take all possible precautions to prevent or reduce the discharge of liquid effluents from mines into surface water bodies, ground water aquifer and useable lands. The effluents are required to be suitably treated to conform to the prescribed standards laid down in this ...

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10% blending with imported coal mandatory for Private generators who bid for coal and sell power in the exchange

Power Ministry has directed CEA to determine the eligible quantity of domestic coal for the power plants using coal under Shakti B(viii) (a) taking into account 10% imported coal for blending which is equivalent to about 15% of domestic coal in energy terms. Shakti B (viii) (a) is the window for power plants having untied capacity to bid for coal, ...

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