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    DPIIT Control Room playing a pivotal role in monitoring the issues of Industry and Trade, and solving the difficulties faced by various stakeholders d...
    CCI approves acquisition of majority shareholding in B.M.M Ispat Limited by JSW Projects Limited.
    Pradhan Mantri Garib Kalyan Package :Progress so far
    Cabinet approves fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the year 2020-21
    Advisory Council of the 15th Finance Commission to meet on 23-24 April, 2020
    Central Government issues Notifications allowing Health and Motor (Third Party) insurance policyholders to make premium payments till May 15th which a...
    VC and Members of NITI Aayog and Chairman, EAC-PM contribute to PM CARES by voluntarily taking a salary cut of 30% for a year
    Report of Committee of Expert for Valuation Bill, 2020.
    CCI approves proposed acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited
    Pradhan Mantri Garib Kalyan Package : Progress so far
    CCI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited
    CCI approves Hitachi's proposed acquisition of 80.1% in power grid business of ABB Limited
    GUIDELINES FOR COURT FUNCTIONING THROUGH VIDEO CONFERENCING DURING COVID-19 PANDEMIC
    Cabinet approves Non-operation of MPLADS for two years (2020-21 and 2021-22) for managing COVID 19
    Repayment of 7.80% GS 2020
    SPMCIL employees contribute towards PM CARES Fund to combat COVID-19 outbreak
    Global economy could shrink by almost 1% in 2020 due to COVID-19 pandemic: UN
    CCI approves Joint Venture between Adani Green Energy Limited and Total S.A. in power generation through solar energy in India
    PFRDA pledges to contribute to PM-CARES Fund to help fight COVID-19 outbreak
    SPMCIL contributes ₹ 1,98,67,680/- to AIIMS, New DELHI to fight COVID-19
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    April 30, 2020
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    Industry and trade monitoring ensured rapid coordination and escalation to state authorities to resolve supply chain and logistics disruptions.
    The Department for Promotion of Industry and Internal Trade established a Control Room to monitor industry and trade issues during the lockdown, receiving complaints from manufacturers, transporters, distributors, wholesalers and e commerce firms and forwarding queries to State control rooms, Chief Secretaries and relevant State departments. Senior DPIIT officers assigned to specific States monitor progress, a dedicated team produces daily MIS reports and contacts affected stakeholders, and the Minister and Secretary conduct regular reviews to escalate urgent matters. Public contact details and operating hours are provided for reporting supply chain and logistical impediments.
    April 24, 2020
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    Merger approval: competition clearance for acquisition of majority shareholding in a steel manufacturer, detailed order to follow.
    Competition approval was granted for the acquisition of a majority shareholding in B.M.M Ispat Limited by JSW Projects Limited after the Commission assessed the parties' roles in the steel value chain-where the acquirer manufactures direct reduced iron/sponge iron and related inputs and the target produces pellets, sponge iron, TMT bars and semis-and found no unresolved competition concerns in the announced press release; the Commission's detailed order and rationale will follow.
    April 23, 2020
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    Direct Benefit Transfer expanded under PMGKP enabling rapid account based cash and in kind support to vulnerable households.
    The Pradhan Mantri Garib Kalyan Package implements a coordinated relief framework using Direct Benefit Transfer and in kind distributions to targeted vulnerable groups during the COVID 19 lockdown. Core components include cash transfers to women Jan Dhan account holders, NSAP ex gratia payments, front loaded PM KISAN instalments to identified farmers, payments from Building and Construction Workers' funds, EPFO withdrawal facilitation and employer contribution payments, alongside food grain distribution, pulse dispatches and free Ujjwala cylinder delivery, all prioritising digital account based crediting and inter ministerial oversight.
    April 22, 2020
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    Nutrient based subsidy rates for P&K fertilizers set, enabling subsidised supply and adding ammonium phosphate to the scheme.
    Fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for 2020-21 sets per kilogram subsidy amounts for N, P, K and S to be paid to fertilizer companies; subsidies will be released to manufacturers/importers on these approved rates so they can supply subsidised P&K fertilizer grades to farmers. The NBS coverage is expanded to include the complex fertilizer Ammonium Phosphate (NP 14:28:0:0), and an expected expenditure ceiling for P&K subsidy release for the year is identified.
    April 21, 2020
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    Fiscal policy: calibrating scenario-based growth, revenue assumptions, and public expenditure stimulus to support pandemic recovery.
    Assessment focuses on three operative issues: scenario-based GDP growth projections under pandemic-driven uncertainty; plausible assumptions for tax buoyancy and revenue availability for the current and next year; and determination of the scale and composition of public expenditure stimulus to support recovery while maintaining fiscal sustainability.
    April 16, 2020
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    Insurance renewal relief preserves statutory motor third-party and health cover by extending premium payment deadline during lockdown.
    Central Government notification permits policyholders whose health or motor third-party insurance renewals fell due between 25 March 2020 and 3 May 2020 and who cannot pay on time because of COVID-19 to make renewal premium payments on or before 15 May 2020, thereby preserving continuity of statutory motor vehicle third-party insurance cover from the original renewal date and ensuring payment of valid claims arising during the grace period.
    April 15, 2020
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    Voluntary salary reduction by senior officials to fund emergency relief contributions to PM CARES following pandemic response.
    Senior executives of a national policy body and an advisory chair voluntarily implemented a salary reduction of thirty per cent for one year, directing the resulting contributions to a national emergency relief fund designated for pandemic assistance; the measure is time limited, voluntary, and constitutes a reallocation of executive remuneration to emergency funding rather than a statutory appropriation.
    April 15, 2020
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    Valuation profession: proposal for a statutory National Institute to set standards, exams, registration and discipline.
    The Committee proposes enactment of a Valuers Act to establish a National Institute of Valuers as principal regulator to register and regulate Valuers, Valuer Institutes and Valuation Professional Organisations; conduct central screening and qualifying examinations; prescribe valuation standards and a Code of Conduct; issue Certificates of Practice; and operate a two tier co regulatory architecture with separation of quasi legislative, quasi judicial and executive functions, supported by transparency, accountability, public consultation on regulations, time bound disciplinary procedures and transitional arrangements for existing registered valuers and organisations.
    April 14, 2020
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    Competition approval: acquisition of a significant minority stake cleared through subscription to compulsorily convertible preference shares.
    CCI approval was granted for Emerald Sage Investment Limited to acquire approximately 9.93% of Apollo Tyres Limited by subscribing to 10.80 crore compulsorily convertible preference shares, creating a significant minority stake. Emerald is a Mauritius investment holding company with shareholders comprising private equity funds managed by Warburg Pincus LLC; Apollo manufactures and sells automotive tyres across several vehicle categories.
    April 13, 2020
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    Direct Benefit Transfer ensured swift cash relief under the Pradhan Mantri Garib Kalyan Package to vulnerable households.
    The Pradhan Mantri Garib Kalyan Package creates a relief framework delivering cash and in kind transfers to vulnerable populations via digital channels. Core measures include direct cash transfers to identified beneficiaries, front loaded PM KISAN payments to farmers, cash credits to women Jan Dhan account holders, free food grains and pulses distribution, free Ujjwala gas cylinders, EPFO online non refundable advances and temporary EPF contribution relief, MNREGA wage support, and insurance cover for government health workers.
    April 8, 2020
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    Merger approval under Section 31(1): Acquirer cleared to purchase target's shareholding, consolidating power generation assets.
    Approval under Section 31(1) has been granted for JSW Energy Limited to acquire the entire share capital of GMR Kamalanga Energy Limited. The Acquirer's group activities include power generation, transmission, trading, coal mining and equipment manufacturing across thermal, hydro and solar assets, while the Target operates a coal based thermal power plant in Odisha. A detailed regulatory order will be issued subsequently.
    April 8, 2020
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    Merger approval clears acquisition of controlling stake in ABB's power grid business following regulatory review.
    The Competition Commission approved Hitachi's proposed acquisition of a controlling interest in ABB Management Holding AG, the corporate vehicle holding ABB Limited's power grid business, which comprises development, engineering, manufacture and sale of power grid products, systems and projects; detailed regulatory order and any ancillary conditions will follow.
    April 7, 2020
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    Video conferencing in judicial proceedings authorized to maintain hearings while minimizing physical attendance and facilitating access to justice during pandemic.
    Authorization to use video conferencing technologies is directed to ensure judicial functioning while complying with social distancing; measures reducing physical presence are deemed lawful, High Courts and the Supreme Court may adopt suitable modalities, District Courts shall follow their High Courts, helplines must be maintained for feed complaints, courts must provide facilities for litigants lacking access and may appoint amicus curiae, video hearings are primarily for arguments until rules are framed, and recording evidence remotely requires mutual consent.
    April 6, 2020
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    Non-operation of MPLADS suspends scheme funding and redirects resources to support the COVID-19 response.
    Non-operation of MPLADS suspends the Members of Parliament Local Area Development Scheme for a two-year period and directs reallocation of those scheme funds to strengthen government measures addressing the COVID-19 pandemic, converting allocated MPLADS resources into a centralized source for pandemic management and imposing a temporary moratorium on constituency-directed project spending.
    April 3, 2020
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    Government security repayment: proceeds payable by bank credit or pay order; submit bank details or tender securities.
    Repayment of the 7.80% Government Security is payable on the stated effective date; if a State-declared holiday under the Negotiable Instruments Act falls on that day, repayment is made the previous working day. Payment of maturity proceeds to the registered holder will be by pay order incorporating bank account particulars or by credit to a bank account able to receive electronic funds; holders must submit bank particulars in advance or, absent those particulars, tender duly discharged securities at designated paying offices twenty days before the due date.
    April 2, 2020
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    Voluntary employee donation supports the Prime Minister CARES Fund for COVID-19 relief through a one day salary contribution.
    Employees of Security Printing and Minting Corporation of India Ltd. undertook a collective voluntary one-day salary donation to the Prime Minister CARES Fund, organized as an employer-facilitated, employee-volunteered payroll contribution to support COVID-19 relief efforts.
    April 2, 2020
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    Economic contraction risk from pandemic; fiscal stimulus prioritising health and income support can limit global downturn.
    The COVID-19 pandemic risks global economic contraction in 2020 through disrupted supply chains, collapsed tourism and trade, and steep declines in private consumption, investment and exports. The severity depends on the duration of movement restrictions and the scale and efficacy of fiscal responses: well designed stimulus prioritising health spending and income support can limit recessionary impact, whereas inadequate responses and prolonged lockdowns will deepen demand shocks, raise unemployment, and spill over to developing economies dependent on tourism and commodity exports.
    April 2, 2020
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    Competition approval for joint venture in solar power enables equal equity acquisition and transfer of subsidiaries.
    CCI approved a joint venture in solar power between Adani Green Energy and Total S.A., under which Adani Green will transfer certain subsidiaries into a newly incorporated JV and Total S.A. will directly or indirectly acquire an equal equity stake in that JV; the Target Companies operate in solar power generation and a detailed CCI order will follow.
    April 1, 2020
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    Contribution to PM-CARES Fund: PFRDA to deduct part of employees' salary to support COVID-19 relief.
    PFRDA pledges to contribute a portion of employees' salaries to the PM-CARES Fund as an administrative measure supporting COVID-19 relief, with leadership statements framing the contribution as part of a collective responsibility. The pledge is located against PFRDA's role as a statutory Authority regulating and promoting the National Pension System and related pension schemes, noting subscriber and asset under management metrics to contextualise the Authority's institutional capacity.
    April 1, 2020
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    Corporate social responsibility contribution to fund procurement of ventilators for public hospital COVID-19 response and clinical capacity.
    A public sector undertaking made a targeted Corporate Social Responsibility contribution to a national medical institution to fund procurement of ventilators, strengthening clinical capacity during the COVID-19 public health emergency through a CSR-directed transfer reported in a press release.

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