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    NITI Aayog Releases Report on Not-for-Profit Hospital Model in India
    Presentation of stimulus package of ₹ 6,28,993 crore announced by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman to supp...
    CCI approves acquisition of Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited
    IFSCA constitutes a committee for development of avenues for Ship Financing and Leasing in IFSC
    India attracted US$ 6.24 billion total FDI inflow during April, 2021;
    Shri Piyush Goyal chairs the review meeting on Single window system for industrial clearances and approvals
    Quality Council of India (QCI) launches Indian Certification of Medical Devices (ICMED) Plus Scheme;
    Cabinet approves Deep Ocean Mission
    Cabinet approves Nutrient Based Subsidy (NBS) rates for Phosphatic & Potassic (P&K) Fertilisers for the year 2021-22
    Repayment of ‘6.17% Government Stock 2021’
    Smart Enforcement App for Trucks to reduce compliance Logistics costs;
    ADB, India sign $484 million loan to upgrade road network in Tamil Nadu industrial corridor
    Shri Piyush Goyal interacts with the Industry on PLI Scheme on White Goods;
    Shri Piyush Goyal says clean environment & inclusive development which is sustainable, is a priority agenda for India
    Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for marketing season 2021-22
    National Financial Reporting Authority seeks comments/suggestions from public and stakeholders on consultation paper on NFRA’s engagement with its s...
    CCI approves acquisition of 51% of the equity share capital in each of the three Electricity Supply Companies of Odisha. viz Western Electricity Suppl...
    CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merg...
    Finance Minister Smt Nirmala Sitharaman meets heads of insurance companies for faster claim settlement
    CCI approves acquisition of Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder ISC FZCO
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    June 29, 2021
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    Not for profit hospital model clarified: study outlines service, cost containment and policy measures to strengthen non profit healthcare delivery.
    NITI Aayog's study examines not for profit hospitals' mix of curative and preventive care, community engagement, use of government resources and grants, cost containment strategies, and operational challenges, and recommends interventions including criteria to identify such hospitals, a performance index and rankings, promotion of philanthropic exemplars, and leveraging their human resource management expertise for resource limited and remote areas.
    June 28, 2021
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    Indian stimulus mobilises extensive loan guarantees, health and infrastructure funding, export and digital support to aid COVID recovery.
    The package mobilises Rs. 6,28,993 crore through targeted credit guarantee schemes (including expanded ECLGS and an MFI guarantee for on lending), fully guaranteed loans for tourism stakeholders, capped interest and tenure conditions, major allocations for public health preparedness, export insurance and project export support, BharatNet broadband funding, extension of PLI tenure for electronics, a reform linked power distribution support programme with pre qualification criteria, and complementary measures for fertilizers, free foodgrain distribution and employment subsidies.
    June 25, 2021
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    Merger control: acquisition of plant transfers urea and non-urea fertilizer manufacturing business to acquiring firm.
    Approval under merger control is granted for acquisition of the Zuarinagar plant, whereby the acquirer will obtain the business of developing and manufacturing urea and non-urea fertilizer products at that site, effecting a site-specific transfer of manufacturing activities and production lines to the purchaser.
    June 25, 2021
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    Ship financing and leasing reform: committee formed to align IFSC framework with global best practices.
    IFSCA established a committee to design a roadmap enabling ship financing and leasing from GIFT IFSC by assessing legal, regulatory, tax and related frameworks, identifying bottlenecks to cross-border ship finance and leasing transactions, and recommending measures to align IFSC operations with international best practices and create a facilitative environment for shipowners, lessors, carriers and other maritime stakeholders.
    June 23, 2021
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    Foreign Direct Investment inflows rose after policy reforms, reflecting stronger investment facilitation and sectoral concentration in technology and services.
    India recorded increased foreign direct investment inflows in April 2021 attributed to government measures enhancing investment facilitation and ease of doing business; FDI policy reforms are identified as the primary regulatory drivers. Inflows showed concentration by investor jurisdictions, with predominant shares flowing into technology and services sectors and a small number of states.
    June 22, 2021
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    Single window system centralises pre operation approvals and investor facilitation while requiring strong data security and audit.
    A National Single Window digital platform will centralise pre operation approvals and investor facilitation, enabling investors to identify and apply for required approvals, track their status, access pre investment advisory and land bank information, and obtain clearances at Central and State levels. Implementation stresses data security, authentication and third party audit before launch, with participating Ministries and States asked to register, test use cases and report readiness for phased onboarding.
    June 19, 2021
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    Integrated quality certification for medical devices verifies safety and efficacy and may serve as deemed compliance under transitional regulation.
    ICMED 13485 Plus is an integrated voluntary certification scheme combining quality management systems with product validation via witness testing to verify medical device quality, safety and efficacy. It aims to assist procurement agencies, deter counterfeit and substandard devices, and stakeholders propose recognising ICMED Plus as a pre-requisite or deemed compliance during a transitional period to mitigate regulatory gaps and reduce regulatory burden.
    June 17, 2021
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    Deep Ocean Mission approval to develop indigenous deep-sea technologies and explore marine resources for sustainable Blue Economy growth.
    Cabinet approval establishes the Deep Ocean Mission as a multi-institutional, mission-mode programme led by the Ministry of Earth Sciences to develop indigenous deep-sea technologies, explore marine resources sustainably, and stimulate domestic industry through six components including deep-sea mining technologies, a manned submersible, climate-change advisory services, biodiversity bioprospecting, deep ocean surveys, ocean energy-desalination proof-of-concept, and an advanced marine station for capacity building and enterprise.
    June 17, 2021
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    Nutrient Based Subsidy hike keeps DAP and P&K fertilizer retail prices at prior levels through current Kharif season.
    Cabinet approved revised Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic fertilisers for 2021-22, setting per kg subsidy rates for N, P, K and S and directing subsidy disbursal to manufacturers/importers so P&K fertilizers (including DAP) remain available to farmers at subsidized prices. Government directed companies to sell old DAP stocks at previous prices and increased NBS rates as a one time COVID 19 package to keep retail prices at last year's levels through the current Kharif season, with the measure subject to review if international prices fall.
    June 17, 2021
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    Repayment of government stock requires bank mandate or surrender at paying offices to secure timely electronic credit.
    Payment of maturity proceeds will be made to the registered holder by pay order or by credit to a bank account able to receive funds electronically, provided the holder submits relevant bank account particulars or an electronic payment mandate in advance. If such particulars or mandate are not available, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries or designated bank branches at least twenty days before the repayment date to facilitate repayment.
    June 16, 2021
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    Risk-based enforcement app enables targeted truck stops, e-challan issuance, and remote sensor integration to reduce ad-hoc inspections.
    A Smart Enforcement App will implement a risk-based approach by integrating GSTN consignment data and VAHAN vehicle data to assign risk profiles, provide pre-arrival information to enforcement officers, mandate issuance of penalties via the App, and integrate with sensors and cameras for remote detection, thereby reducing ad-hoc inspections and on-ground deployments.
    June 16, 2021
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    Infrastructure financing for industrial corridor upgrades enhances road connectivity, climate resilience, and mandated long term maintenance provisions.
    A development loan finances upgrades to about 590 km of state highways in the Chennai Kanyakumari Industrial Corridor to strengthen industrial connectivity and linkages to ports, include capacity building for the Highways and Minor Ports Department, and require climate adaptation measures, enhanced road safety technology, and seven year long term maintenance contracts to institutionalise resilience and ongoing asset management.
    June 15, 2021
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    Production Linked Incentive scheme for white goods to incentivise incremental domestic manufacturing and transparent time bound beneficiary selection.
    The Production Linked Incentive Scheme for white goods establishes a time bound application window and transparent selection of eligible manufacturers, providing a multi year incentive on incremental domestic sales to foster capacity creation, technology adoption, cost competitiveness, quality, efficiency and integration of Indian producers into global supply chains, with the objective of developing national manufacturing champions.
    June 14, 2021
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    Decoupling trade and environmental measures: climate obligations should be addressed in climate frameworks, not via trade agreements.
    India urges that environmental and sustainability measures not be linked to trade policy and that climate issues be addressed within multilateral climate frameworks rather than through trade negotiations. The communication calls for climate justice, developed countries to reconsider consumption patterns, and the transfer and affordable provision of green technology alongside market support for clean products from developing countries.
    June 9, 2021
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    Minimum Support Price boost ensures remunerative prices for kharif crops and promotes crop diversification and procurement support.
    The Cabinet approved upward revisions of the Minimum Support Prices for all mandated Kharif crops for marketing season 2021 22 to ensure remunerative returns and encourage crop diversification, aligning MSPs with the policy of at least 1.5 times the All India weighted average cost of production. The announcement couples differential MSP signals for oilseeds, pulses and coarse cereals with implementation mechanisms under PM AASHA (Price Support Scheme, Price Deficiency Payment Scheme, Private Procurement & Stockist Scheme) and a special Kharif strategy to distribute high yielding variety seeds to expand area and productivity in targeted crops.
    June 8, 2021
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    Stakeholder engagement consultation: NFRA seeks public comments on proposals to institutionalise advisory groups and publish an Inspection Policy.
    NFRA has published a Consultation Paper seeking stakeholder comments on TAC recommendations to enhance engagement, including formation of advisory/consulting groups, fellowship programmes, publication of NFRA's Inspection Policy, and measures to build regulatory capacity; submissions are invited by the stated deadline via a designated email address.
    June 8, 2021
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    Competition approval for acquisition of controlling stake enables Tata Power to acquire majority in three Odisha distribution utilities.
    The Competition Commission approved Tata Power's acquisition of 51% equity in each of three Odisha electricity distribution companies from the state-owned seller, following separate competitive bidding processes conducted by the state electricity regulator, resulting in a transfer of controlling interests in regional distribution utilities; a detailed CCI order will follow.
    June 8, 2021
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    Exchange of equity shareholding approved involving share swap with ReNew Global and a reverse triangular merger of a subsidiary.
    CCI approves an exchange of equity shareholding by existing shareholders of ReNew Power for shares in ReNew Energy Global Limited, together with a reverse triangular merger whereby a wholly owned subsidiary of ReNew Global will merge into RMG Acquisition Corporation II; ReNew and its affiliates engage in generation of electricity from renewable energy sources and a detailed CCI order will follow.
    June 5, 2021
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    Claims processing reform speeds insurance payouts through simplified documentation and end-to-end digitisation for faster nominee disbursements.
    The Finance Minister directed insurers and states to adopt a simplified mechanism for processing claims under PMGKP and PMJJBY, accepting a District Magistrate certificate endorsed by the nodal state health authority and attending doctor's certificates in lieu of death certificates to reduce delays; and endorsed operational measures including seven-day claim processing, end-to-end digitisation, email/App document transmission, API-based apps, rationalised forms, and simplified claims processes to expedite nominee disbursements.
    June 4, 2021
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    Combination approval enables Unifeeder's acquisition of stakes in Avana and Transworld entities, affecting feeder and NVOCC services.
    The Competition Commission of India cleared Unifeeder ISC FZCO's acquisition of stakes in Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO. Unifeeder, part of the DPW group and active in India via Feedertech and Perma Shipping Line, provides EXIM feeder and NVOCC services. Avana offers multimodal coastal and NVOCC solutions, and TFPL is proposed to take on the EXIM feeder business of Shreyas Shipping and Logistics.

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