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    Recording of Unique Identity Number of Foreign Diplomatic Missions / UN Organizations on invoices while making supplies
    Cabinet approves restructured National Bamboo Mission
    NITI Aayog to Open Applications for Atal New India Challenge
    Suresh Prabhu chairs first meeting of think tank on framework for National Policy on E-commerce
    Cabinet approves Minimum Support Prices for Raw Jute for 2018-19 season
    First International SME Convention concludes Digital Trade Desk to be set-up by Ministry of MSME
    India signs loan agreement with World Bank for US$ 125 million for “Innovate in India for Inclusiveness Project”
    Notwithstanding recent growth spurt, endemic structural issues need to be addressed in a time bound manner in Assam: Finance Commission
    MSMEs will play a key role in employment generation- Suresh Prabhu
    Cabinet approves the restructured Centrally Sponsored Scheme of Rashtriya Gram Swaraj Abhiyan
    CCI issues important order under Lesser Penalty Provisions in the cartel case by leading Indian Zinc-Carbon Dry Cell Battery Manufacturers
    Fiscal Needs of each state will be individually assessed keeping in view their special characteristics: N K Singh
    Government clarifies the in-built security features of the Electoral Bonds
    India Signs Loan agreement with World Bank for usd 48 million for Meghalaya Community - Led Landscapes Management Project
    Cabinet approves MoU between India and the United Kingdom and Northern Ireland on the return of Illegal Migrants
    Cabinet approves Exploration and Exploitation of Coal Bed Methane (CBM) from areas under Coal Mining Lease allotted to Coal India Limited (CIL) and it...
    India Signs MOU With World EXPO 2020 Dubai
    Action Plan to increase growth rate of Districts by 3-4%: Suresh Prabhu
    Boost to Development Projects in North East; First Meeting of the NITI Forum for North East in Agartala on April 10
    Current Pension rate of Contributory Provident Fund (CPF) pensioners
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    April 27, 2018
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    Recording of Unique Identity Number required on invoices for diplomatic and UN supplies to enable refund claims and ensure compliance.
    Recording of the Unique Identity Number on tax invoices is mandatory for supplies to foreign diplomatic missions, consulates, embassies and UN organisations; this enables those entities to claim refunds and does not change supplier tax liability. Suppliers must update processes and software to capture UINs when requested by authorised officials, as invoice recording of the UIN is a compliance requirement under GST rules and circular guidance, and failure to do so may invite action. UINs are verifiable via the GST Common Portal search function.
    April 26, 2018
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    Restructured National Bamboo Mission boosts value chain development and empowers guideline changes to strengthen livelihoods.
    The restructured National Bamboo Mission is a centrally sponsored, value chain focused programme to expand bamboo plantations on non forest lands, promote superior planting material, establish primary processing, treatment and product development units, and develop market and skill infrastructure. The Executive Committee is empowered to formulate and revise guidelines and cost norms with ministerial approval. Implementation emphasizes integration across Ministries/Departments, R&D, capacity building, and targeted deployment in States with commercial advantage to enhance farm income, employment and climate resilience.
    April 25, 2018
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    Innovation funding: Atal New India Challenge provides grants and mentorship to innovators and startups for product commercialization.
    The Atal New India Challenge, run by the Atal Innovation Mission under NITI Aayog with five ministries, invites innovators, MSMEs and start-ups to design market-ready products across 17 focus areas; eligible applicants demonstrating productization potential will receive grant funding together with mentorship, incubation and stagewise support to facilitate commercialisation and wider deployment.
    April 25, 2018
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    National e commerce policy framework: task force to prepare comprehensive recommendations covering infrastructure, regulation, taxation, data and FDI.
    A think tank has been constituted to advise on a National Policy on E commerce and has decided to form an expert task force. The task force will include government, industry and domain experts in sub groups and will prepare recommendations addressing infrastructure, regulatory regime, taxation, data flows and localisation, FDI, technology flows, skill development and trade aspects, with final recommendations to be completed within six months.
    April 25, 2018
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    Minimum Support Price increase for raw jute ensures minimum returns to farmers and promotes investment in jute cultivation.
    Approval of an upward revision in the Minimum Support Price for Fair Average Quality raw jute for the 2018-19 season, raising the guaranteed floor price to provide returns above the weighted A2+FL cost of production. The increase is intended to secure minimum returns to farmers and promote investment, production and productivity in jute cultivation. The revision follows recommendations by the statutory price advisory mechanism which factors cost of production, demand supply, price parity and macro economic impact, and price support operations will be conducted by the central nodal agency in jute growing states.
    April 25, 2018
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    Digital Trade Desk to facilitate SME international collaboration and secure cross-border data exchange after international SME convention
    Establishment of a Digital Trade Desk is announced to facilitate international collaboration among SMEs and enable exchange of data between Indian and foreign SMEs. The Desk is intended as a ministry-level mechanism to operationalise convention-driven cooperation and to support sustained cross-border SME engagement and matchmaking.
    April 25, 2018
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    Loan Agreement supports commercialization of indigenous healthcare innovations through public private academic consortia and pilot to market acceleration and monitoring.
    A Loan Agreement between the Government of India and the World Bank finances the Innovate in India for Inclusiveness Project to support indigenous healthcare innovation by funding public private academic consortia that bridge skill and infrastructure gaps, accelerate pilot to market commercialization for specific products, and provide project management with monitoring and evaluation; the project comprises strengthening the pilot to market ecosystem, accelerating product commercialization, and project management, with a closing date of 30 June, 2023.
    April 24, 2018
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    State fiscal assessment to identify structural reforms and resource augmentation measures to accelerate Assam's development.
    Assessment of Assam's fiscal position and developmental deficits by the Fifteenth Finance Commission, focusing on identifying time bound measures to address endemic structural issues and to augment and better utilise state resources. The Commission will review the State's finances, socio economic indicators, and administrative capacities through meetings with government officials and stakeholders to explore structural and administrative changes to accelerate growth and narrow the per capita income gap.
    April 23, 2018
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    MSME policy strengthening linkages with large enterprises to drive inclusive growth and employment through SHGs and startups.
    MSMEs are characterised as agents of inclusive growth and employment, reducing inequality and carbon footprints; their complementary supply chain relationship with large enterprises is necessary for integration into global value chains. Policy priorities include an Industrial Policy emphasising Self Help Groups, leveraging Start up India for MSMEs, strengthening linkages between big and small firms, creating international MSME networks, and coordinated institutional support via relevant ministries and agencies.
    April 21, 2018
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    Centrally Sponsored Scheme reorientation expands Panchayati Raj capacity building and funding patterns to advance SDG aligned local governance.
    Approval establishes the Rashtriya Gram Swaraj Abhiyan as a national capacity building Centrally Sponsored Scheme for PRIs, combining a fully centrally funded national component with a State component funded on specified Centre:State ratios; it extends to all States, UTs and non Part IX rural local institutions, aligns implementation with SDGs, Mission Antyodaya and aspirational districts, and requires demand driven State Annual Action Plans, programmatic convergence with other ministries, institutional structures at national/state/district levels, prioritisation of social inclusion and incentivisation of Panchayats.
    April 19, 2018
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    Lesser penalty provisions secured reduced cartel penalties following disclosure-based cooperation in the battery sector investigation.
    The Commission applied the Lesser Penalty framework under Section 46 and the Lesser Penalty Regulations to recognise disclosure based cooperation during a cartel probe into coordinated pricing, production limits and market allocation, conducted search and seizure operations while the investigation was pending, and computed penalties by applying statutory penalty criteria and multipliers to profits and receipts, granting differential reductions based on timing and value of cooperation.
    April 19, 2018
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    Fiscal transfers must balance support for less developed states with aspirations of better performing states, per finance commission dialogue.
    A Tamil Nadu delegation submitted a memorandum asking the Finance Commission to balance support for less developed states with the aspirations of better performing states; the Commission stated that the fiscal needs of each state will be assessed individually with regard to their special characteristics and announced a state visit for further consultation.
    April 17, 2018
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    Electoral bond anonymity safeguarded: security features and invisible serial numbers prevent donor or transaction tracing by banks or third parties.
    Electoral Bonds are bearer instruments sold only after fulfillment of KYC requirements and bank-account payment; bonds contain no purchaser or payee identifiers and no recorded details of political parties depositing them. The scheme includes anti-forgery and confidentiality measures, notably a random serial number invisible to the naked eye that SBI does not record in linkage to buyers or party deposits and does not share with any third party, preventing use of the serial number to trace donations or buyers.
    April 16, 2018
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    Loan agreement for community-led landscape management strengthens local resource governance and restoration under World Bank financing.
    A Loan Agreement between the Government of India and the World Bank finances the Meghalaya Community Led Landscapes Management Project, implemented with a Project Agreement with Meghalaya authorities. The Project comprises three components: strengthening knowledge and capacity for natural resource management; community led landscape planning and implementation; and project management and governance, aimed at restoring degraded landscapes, improving water and soil productivity, and strengthening traditional institutions and community livelihoods.
    April 12, 2018
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    Return of illegal migrants: MoU enables verified nationality-based removals and streamlined return procedures after approval.
    The Memorandum of Understanding provides a framework for returning persons without a lawful basis in the territory of the other Party, conditioned on verification of nationality to the satisfaction of the requested State and streamlining time bound repatriation procedures; it also contemplates visa free travel for diplomatic passport holders and liberalisation of the UK visa regime for lawful travellers upon conclusion of the MoU.
    April 11, 2018
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    Exemption from petroleum licensing allows coal lessees to exploit coal bed methane without PNG Rules applications.
    Amendment to the notification under the Oil Fields (Regulation and Development) Act relaxes requirements under the Petroleum & Natural Gas Rules, 1959 so that Coal India Limited and its subsidiaries need not apply for a separate license or lease under those rules to explore and exploit coal bed methane within areas subject to their coal mining leases.
    April 10, 2018
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    Public-private partnership to develop India's pavilion at the World Expo, with government and industry defining participation terms.
    India executed a participants contract securing an extra large plot in the 'Opportunity' segment for a national pavilion to be developed through a public-private partnership, with Central and State governments, industry associations and private businesses coordinating design, participation mechanics and sectoral showcases focused on Space, Pharma, IT, Renewable Energy and Telecom for the six month Expo period.
    April 10, 2018
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    District-led economic growth: pilot districts to adopt bottom-up action plans boosting local economic activity and coordination.
    An initiative to raise district-level growth by 3-4% annually using a bottom-up planning framework that designates districts as planning and execution units, selects pilot districts to prepare profiles of strengths and local resources, integrates those profiles across sectors, converges government and private initiatives, and establishes handholding and mentoring mechanisms through inter-ministerial and state coordination to prepare an Action Plan promptly.
    April 9, 2018
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    Regional development forum convenes to prioritise connectivity, hydropower, agriculture, water management and tourism for northeastern growth.
    The NITI Forum for North East convenes an inaugural meeting to coordinate sustainable economic growth in the North Eastern Region, prioritizing multi modal connectivity, hydro power development, agricultural and allied measures (organic farming, horticulture, soil health cards, reduced post harvest losses, expanded crop insurance, milk production), expedited irrigation and water management, and tourism promotion through eco , rural and adventure tourism and regional tourism council strengthening; the Forum operates as a periodic review and coordination mechanism with a DoNER secretariat and multi stakeholder membership.
    April 7, 2018
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    Contributory Provident Fund ex-gratia: pre-1986 retirees receive fixed monthly ex-gratia plus dearness allowance.
    CPF beneficiaries who retired between 18 November 1960 and 31 December 1985 receive a basic monthly ex-gratia by service group, plus a dearness ex-gratia equal to fifty percent and applicable Dearness Relief; CPF-covered employees retiring on or after 1 January 1986 are not entitled to monthly pension or ex-gratia, and there is no proposal to increase the rates.

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