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    Make In India Week concludes on a high note showcasing India’s manufacturing prowess Manufacturing, Design and Innovation has been brought to the c...
    Big Boost to the Railway Sector: CCEA approves construction of additional Railway lines
    Cabinet approves nomination of Chief Executive Officer, NITI Aayog as a part-time Member of the Telecom Commission
    Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of January, 2016
    Day 3 of Make In India Week activities go on as planned at the main venue in BKC
    Regional Consultation by NITI Task Force on Agricultural Development under the chairmanship of Dr. Arvind Panagariya, Vice Chairman, NITI Aayog
    H.E Sultan Al Mansoori, Minister of Economy, UAE calls on the Union Finance Minister Shri Arun Jaitley; both sides emphasized the need for cooperation...
    India's nominee, Dr.D.J. Pandian appointed as the Vice-President, Chief Investment Officer of Asian Infrastructure Investment Bank (AIIB).
    Bilateral Meeting held between the Union Finance Minister, Shri Arun Jaitley and the Finance Minister of Nepal, Shri. Bishnu Prasad Paudel; Finance Mi...
    Make in India Week to showcase innovation, design and sustainability driving India’s new manufacturing revolution
    State Bank of Patiala contributes ₹ 2.36 crores to the Prime Minister’s Relief Fund for Chennai Rain Victims
    Shri Jayant Sinha, MoS (Finance) inaugurates the Second Pension Conclave under the theme of “Universal Pension- Coverage, Adequacy and Sustainabilit...
    Budget session of Parliament from February 23 till May 13, 2016
    DIPP and Qualcomm announce “QPrize™ - Make in India” contest for Start Ups Winner takes it all - ₹ 2 Crore in equity investment
    The Public Private Project Appraisal Committee (PPPAC) and the Empowered Committee (EC) clears 6 road projects and 1 ports sector project with estimat...
    MSP for Copra for 2016 season
    DECLARATION AND PAYMENT OF DIVIDEND - Proposed Amendments in the Companies Act, 2013
    COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS - Proposed Amendments in the Companies Act, 2013
    PREVENTION OF OPPRESSION AND MISMANAGEMENT - Proposed Amendments in the Companies Act, 2013
    REGISTERED VALUERS - Proposed Amendments in the Companies Act, 2013
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February 18, 2016
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Manufacturing promotion: event secured major investment commitments and policy initiatives to boost domestic manufacturing and innovation.
Make In India Week advanced manufacturing promotion by securing extensive business commitments and shaping an investment-enabling environment supported by state task forces to convert MoUs into projects. The programme combined deal-making across multiple manufacturing sectors with national and state policy releases-including an Electronics Development Fund and a National Capital Goods Policy-while prioritising design, innovation, startups, industry-academia partnerships, skill development and coordinated state-centre action to expand manufacturing's contribution to GDP.
February 18, 2016
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Rail infrastructure approvals expand line capacity by authorising six new and upgraded routes funded largely through extra budgetary financing.
Approval of construction of six railway line projects and one additional rail bridge to expand capacity and ease congestion on key passenger and freight corridors, authorising doubling, tripling or third-line additions and a new bridge where doubling is impracticable. Most expenditure is to be met through extra-budgetary resources. Each project is justified by saturated line utilisation or anticipated freight and passenger growth-particularly coal and power-plant related traffic-and specifies route scope, district coverage and phased completion horizons to increase sectional capacity and reduce detention.
February 17, 2016
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Part-time membership: NITI Aayog CEO nominated to restore Telecom Commission's part-time composition and policy input.
Cabinet approves nomination of the Chief Executive Officer of NITI Aayog as a part-time Member of the Telecom Commission replacing the Planning Commission Secretary vacancy, to restore the Commission's part-time membership and to bring NITI Aayog's think-tank policy inputs into Telecom Commission deliberations.
February 15, 2016
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Wholesale Price Index decline signals negative annual inflation, driven by falls in fuel, minerals and primary articles, slight manufactured uptick.
WPI for all commodities fell to 175.7 in January 2016, producing an annual inflation rate of -0.90%. Declines were driven by primary articles and fuel & power-particularly lower food articles, minerals, furnace oil, aviation turbine fuel, diesel and petrol-while manufactured products recorded a slight monthly increase with mixed movements across food products, textiles, chemicals and metals.
February 15, 2016
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Public safety review enables Make In India Week activities to continue as scheduled after a nearby incident.
Make In India Week activities at the MMRDA Grounds proceeded as scheduled after a venue safety and fire audit review following an accidental nearby fire; the main centre was confirmed secure and public safety assessments supported continuation of seminars, exhibitions and related events.
February 13, 2016
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Model land leasing act proposed to secure tenant rights and boost agricultural productivity through state consultations and policy reforms.
The NITI Aayog Task Force held consultations to solicit state inputs for a report and occasional paper recommending a model land leasing act to ensure transparent tenancy arrangements and protect owner and tenant rights, alongside measures for farmer led extension, risk adaptation, strengthened co operatives, water conservation and efficiency, investment in seeds, reforms in research and extension, fertilizer efficiency and soil health initiatives, and agricultural marketing reforms.
February 11, 2016
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International economic cooperation to expand investment, innovation and SME partnerships between two countries through institutional and industry collaboration.
Bilateral cooperation concentrates on investment, innovation and SMEs: UAE institutions will continue widening investments in India while Indian opportunities like the National Investment and Infrastructure Fund provide focal points; UAE's innovation strategy and Innovation Council and India's Start Up India initiative form the basis for deepened innovation engagement; both sides agreed institutional and industry cooperation to support SME growth and mainstream SMEs into global value chains.
February 11, 2016
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Chief Investment Officer appointment names leadership to oversee AIIB infrastructure investment planning and sustainable investment oversight.
Appointment of Dr. D.J. Pandian as Vice President, Chief Investment Officer of AIIB designates the executive charged with planning and supervising the Bank's infrastructure investments, promoting sustainable investment across Asia consistent with AIIB vision and strategies, and ensuring the relevance, effectiveness and efficiency of Bank operations.
February 8, 2016
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Reconstruction financing: urging prompt finalisation to unlock pledged support and boost cross-border infrastructure investment.
Government-level financial cooperation focused on post-disaster reconstruction financing and infrastructure investment. The Union Finance Minister urged early finalisation of Nepal's reconstruction programme to enable prompt utilisation of pledged Indian support and encouraged Indian public and private investors to pursue opportunities across sectors, especially power, healthcare and road construction, while Nepal sought assistance to establish a special infrastructure development bank.
February 8, 2016
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Make in India Week showcases manufacturing investment opportunities and innovation through sector pavilions, state summits and global delegations.
Make in India Week convenes policymakers, industry, states, academia and international delegations to market India's manufacturing capabilities through an MMRDA exhibition complex with 11 sector pavilions, 17 state exhibits and country pavilions, sectoral seminars led by Union Ministries to highlight investment opportunities and policy measures, and investor summits across twelve states to translate policy into partnerships and projects.
February 5, 2016
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Corporate social responsibility donation supports relief fund for Chennai rain victims after staff salary contributions.
A commercial bank's senior management presented a cheque to central government authorities for relief of Chennai rain victims after the bank's employees donated a day's salary to the Prime Minister's Relief Fund; the contribution was framed as part of the bank's corporate social responsibility, alongside recent philanthropic donations and public felicitation initiatives, and was publicly accepted and commended by government officials.
February 4, 2016
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Universal pension coverage urged to expand via regulatory reforms and mandatory digital processes for pension access.
PFRDA has strengthened the NPS framework by notifying regulations that define stakeholder roles, enhancing user access through online registration and contribution upload, broadening permissible investments to improve risk reward profiles, and instituting a mandatory online exit process to streamline exits. Expansion of coverage, especially into the unorganised sector, requires improved financial literacy, private sector participation, and strengthened distribution channels with incentive structures to increase enrolment.
February 4, 2016
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Budget session schedule includes recess for standing committee review and prioritises President's Rule ordinance and enemy properties bill.
Parliament convenes a full-length Budget session with a mid-session recess to enable Department-Related Standing Committees to examine Budget proposals; the schedule provides for the President's Address, presentation of the Railway Budget, Economic Survey and General Budget, and was finalised after consultations with major parties and logistical considerations. The Government prioritises ratification of an Ordinance concerning President's Rule and passage of a Bill relating to Enemy Properties during the session.
February 4, 2016
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Equity investment contest to promote local product design and manufacturing through venture funding and industry mentorship.
DIPP and Qualcomm Ventures launched the QPrize Make in India contest to promote domestic product design and manufacturing by offering a venture equity investment prize and industry mentorship. The contest uses an open online entry, fixed submission window, DIPP-managed shortlisting, and a televised grand finale where shortlisted start ups pitch before a government industry Qualcomm jury for selection.
February 3, 2016
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Viability gap funding approvals enable PPP infrastructure projects to proceed following institutional clearance and appraisal mechanisms.
Institutional appraisal mechanisms cleared seven public-private infrastructure projects and authorized consideration for central Viability Gap Funding (VGF). The Public Private Project Appraisal Committee (PPPAC) and the Empowered Committee (EC), chaired by the Department of Economic Affairs secretary, cleared six road projects-including National Highway and State Highway proposals-and one ports sector project, initiating eligibility and procedural steps for central VGF support and project implementation under PPP appraisal criteria.
February 3, 2016
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Minimum Support Price for Copra raised; procurement and price support to be managed by central nodal agencies alongside farmer schemes.
Approval of revised Minimum Support Prices for copra for the 2016 season was announced, based on Commission for Agricultural Costs and Prices recommendations that account for production costs, demand-supply and conversion costs; designated central nodal agencies will undertake price support operations to provide minimum price protection and encourage investment in coconut cultivation and productivity.
February 2, 2016
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Interim dividend declaration: allow payout from current year earned profits and brought forward surplus up to the AGM.
Interim dividend may be declared from profits generated in the current financial year up to the date of declaration and from brought forward surplus, and may be declared anytime up to the convening of the Annual General Meeting; declaration from projected full year profits is disfavoured. The transfer requirement for securities linked to unclaimed or unpaid dividends to the investor education and protection fund is retained because transferred securities can be returned to claimants.
February 2, 2016
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Purchase of Minority Shareholding: recommend narrowing scope to share acquisitions and excluding asset transfers and amalgamations.
Section 236 requires an acquirer who attains near total shareholding to notify the company of intent to acquire remaining equity. The provision's use of the undefined term 'transferor company' could be construed to include asset transfers or amalgamations. The Committee recommends substituting 'company whose shares are being transferred' or expressly explaining that the provision applies solely to acquisition of shares and not to transfers of assets or amalgamations.
February 2, 2016
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Prevention of oppression and mismanagement: committee recommended no amendments to the chapter governing its statutory provisions.
The committee reviewing proposed amendments concluded that no amendments to Chapter XVI of the Companies Act, 2013 concerning prevention of oppression and mismanagement were recommended, leaving the existing statutory framework and remedies in place.
February 2, 2016
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Valuer disqualification period clarified: three year pre appointment and post cessation bar, with stakeholder consultation for rules.
The Committee recommends limiting valuer disqualification for conflicts of interest to a three year disqualification period, covering three years before appointment and three years after cessation, replacing an indefinite presumption of interest; it also urges stakeholder consultation and careful rule making before commencing the Chapter governing valuers.

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