Competition approval for acquisition of Future Group retail, wholesale and logistics undertakings enables transfer to Reliance Retail entities.
CCI grants competition approval under Section 31(1) for RRVL and its wholly owned subsidiary to acquire the retail and wholesale undertaking and the logistics and warehousing undertaking of FEL after the amalgamation of several Future Group entities into FEL; the transferred businesses comprise pan India retail, wholesale, logistics and warehousing operations across segments such as food and grocery, apparel, footwear, consumer electronics and other merchandise.

Payment of Government Stock due; maturity paid by electronic credit or pay order; holders must provide bank mandate in advance.
Repayment of the Government stock is payable on the effective date shown; if a State holiday under the Negotiable Instruments Act falls on that date, repayment in that State is made on the previous working day. Maturity proceeds to registered holders in SGL/CSGL or by Stock Certificate are payable by pay order with bank particulars or by credit to a bank account able to receive electronic funds; holders must submit bank account particulars or an electronic mandate in advance, or tender duly discharged securities at designated paying offices twenty days prior to the due date to facilitate repayment.

Repayment of government floating rate bonds repayable at par on maturity; holders must provide bank details for electronic credit.
Outstanding GoI Floating Rate Bonds 2020 are repayable at par on the maturity date and stop accruing interest thereafter. Payments will be made by pay order with bank particulars or by electronic credit under sub regulations 24(2) and 24(3) of the Government Securities Regulations, 2007. Holders must submit bank account particulars or an electronic mandate in advance; absent those, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries, or specified bank branches twenty days before the due date to obtain repayment.

Vaccine access: India commits to affordable, cost effective solutions and public private partnerships for equitable delivery globally.
The statement affirms a government commitment to ensure affordable vaccine access and cost effective, innovative healthcare solutions through public private partnership to secure availability, last mile connectivity and delivery of COVID healthcare and vaccines to the population and less developed countries, emphasising affordability for the poor as a collective responsibility.

Project financing for Meghalaya transport upgrades secures international loan to improve climate-resilient roads and connectivity.
A multilateral loan and project agreement between the Government of India, the Government of Meghalaya and the World Bank finances the Meghalaya Integrated Transport Project to upgrade about 300 km of strategic roads and stand-alone bridges using climate-resilient, nature-based and innovative techniques such as precast bridges. The IBRD loan has a long tenor with a grace period; the project supports state implementation, restoration of transport services, regional connectivity objectives and substantial direct employment generation.

Asset monetization advisory: World Bank-led support to accelerate unlocking value of non-core public assets for fiscal resource mobilisation.
The World Bank will advise DIPAM on asset monetization of non-core public assets by benchmarking institutional and business models against international best practices, developing operational guidelines, and building implementing capacity to accelerate monetization of surplus or marginally used assets and augment public financial resources.

Government stock repayment requires a bank mandate or pay order; submit account details or tender securities for payment.
Repayment of maturing Government stock will be made on the effective date, with no interest accrual from the scheduled repayment date; if a State holiday under the Negotiable Instruments Act falls on the effective date, repayment in that State will occur on the previous working day. As per Government Securities Regulations, 2007 (sub regs 24(2) and 24(3)), maturity proceeds to registered holders shall be paid by pay order incorporating bank account particulars or by electronic credit to a bank account with electronic receipt facility. Holders must submit bank account particulars in advance, or otherwise tender duly discharged securities at designated paying offices twenty days before maturity to obtain repayment.

Sabka Vishwas scheme extension gives eligible taxpayers in the two Union Territories extra time to file legacy tax declarations.
Extension of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 filing period to 31 December 2020 is granted for eligible taxpayers in the Union Territory of Jammu & Kashmir and the Union Territory of Ladakh, allowing them to settle legacy Central Excise and Service Tax disputes under the Scheme's terms. The Scheme provided for reduced payment of disputed tax (approximately 70%-40% depending on category) and full waiver of interest and penalty; detailed guidelines for the extension will be issued shortly.

Atmanirbhar Bharat 3.0: employment EPF subsidies, expanded ECLGS credit guarantees, and production linked incentives for manufacturing.
Atmanirbhar Bharat Package 3.0 provides targeted support through an employment subsidy under the Atmanirbhar Bharat Rozgar Yojana (central government pays specified EPF contributions for qualifying new and re employed workers for two years), an extension and expansion of the fully guaranteed, collateral free Emergency Credit Line Guarantee Scheme with ECLGS 2.0 for stressed sectors (additional credit up to 20% of outstanding and five year tenor), and production linked incentives across ten additional manufacturing sectors alongside allocations for housing, infrastructure financing, fertiliser subsidy, rural employment and procurement relaxations.

Competition approval for Google's acquisition of minority equity in Jio Platforms under merger control, detailed order to follow.
The Competition Commission of India approved the proposed acquisition by Google International LLC of a minority equity stake in Jio Platforms Limited under Section 31(1) of the Competition Act, 2002, treating the transaction as a notifiable combination. Google International LLC is described as a holding company and wholly owned subsidiary of Google LLC. Jio Platforms Limited is a subsidiary of Reliance Industries Limited offering digital, telecommunications and technology services. A detailed order will follow.

Production-Linked Incentive scheme invites global investors to boost manufacturing, exports and private participation under supportive policy measures.
The statement announces the Production-Linked Incentive (PLI) scheme for multiple key sectors to build manufacturing capacity, boost exports and promote self reliance, with the government committing to hand hold approved sectors over a five year period; it also identifies cluster development, logistics support and a Viability Gap Funding mechanism to attract private investment into social sectors, alongside broader sector liberalisation to welcome private capital.

Finance commission recommendations submitted affecting intergovernmental fiscal devolution and grants, with state-specific and Union analyses.
Submission of the Fifteenth Finance Commission Report for 2021-22 to 2025-26 setting out recommendations on vertical and horizontal tax devolution, local government grants, a disaster management grant, and performance incentives for States (power sector, DBT adoption, solid waste management); examining a possible dedicated funding mechanism for defence and internal security. The Report is organised in four volumes-main report and annexes, Union departmental analysis and roadmap, and State-specific fiscal assessments-and will be tabled in Parliament and placed in the public domain with an explanatory memorandum.

Typographical correction: marginal heading in Arbitration and Conciliation amendment corrected to "Substitution."
Corrigendum corrects a typographical error in the Gazette publication of the Arbitration and Conciliation (Amendment) Ordinance, 2020: the marginal heading to Section 3 mistakenly read "Subsitution" and is corrected to "Substitution"; the correction is confined to the published marginal heading and does not alter substantive provisions.

Stay of arbitral awards in fraud or corruption cases: unconditional stay pending annulment challenge under court proceedings.
The Ordinance amends the Act to require courts to grant an unconditional stay on enforcement of an arbitral award where a prima facie case shows the arbitration agreement, contract, or making of the award was induced or effected by fraud or corruption, applying retrospectively to specified earlier proceedings; it also provides that arbitrator accreditation norms shall be set by regulations and omits the Eighth Schedule.

Merger approval secures transfer of Bharti AXA's general insurance business to ICICI Lombard by demerger.
Approval under Section 31(1) of the Competition Act, 2002 has been granted for the proposed combination whereby the entire general insurance business of Bharti AXA will be transferred to ICICI Lombard by way of a demerger in consideration of issuance of shares by ICICI Lombard to Bharti AXA.

Emergency Credit Line Guarantee Scheme extension allows additional borrowers one more month to seek guaranteed credit under scheme.
The Emergency Credit Line Guarantee Scheme has been extended by one month until November 30, 2020, or until an aggregate sanctioned amount threshold is reached, to allow additional eligible MSMEs, business enterprises, individual business loans and MUDRA borrowers to obtain fully guaranteed collateral free credit equal to 20% of their outstanding as of 29.2.2020. Interest rates are capped by lender type and loans carry a four year tenor with a one year principal moratorium; significant sanctioning and partial disbursement have already occurred.

Finance Commission recommendations concluded and signed, to be submitted, presented and tabled with accompanying government response.
The Fifteenth Finance Commission finalized and signed a Report containing recommendations for 2021-22 to 2025-26, to be submitted to the President, presented to the Prime Minister, and tabled in Parliament by the Union Finance Minister along with a Government Action Taken Report. The Commission was constituted under Article 280 read with the Finance Commission (Miscellaneous Provisions) Act, 1951, and prepared the Report following wide-ranging consultations with Union and State governments, local governments, former commission members, experts, advisory bodies, academic institutions and multilateral organisations.

Faceless Assessment implements anonymised, technology led customs assessment with five hour processing targets and national assessment centres.
Faceless Assessment routes electronically filed Bills of Entry to designated Faceless Assessment Groups and National Assessment Centres to perform anonymised, nationally coordinated customs assessments aimed at reducing physical interface, increasing uniformity and specialisation, and achieving a five hour assessment target. Institutional roles allocate assessment to FAGs, local documentary and physical functions to Port Assessment Groups and Turant Suvidha Kendras, and preserve procedural safeguards for re assessment, speaking orders and provisional assessments. Key enablers include ICEGATE/ICES e filing, SWIFT single window, e SANCHIT, ICETRAK, e OOC/e Gatepass, automated queuing and dashboards for performance monitoring and grievance management.

Third-party food safety audits authorized: accreditation enables NPC to conduct independent audits and warehouse inspections nationwide.
NPC has been accredited by the national accreditation board to perform inspections and audits in food safety audit and scientific storage of agricultural products, following establishment of an Inspection Division. The accreditation authorises NPC to act as an independent third-party auditor of food business operators, including storage warehouses, under the food safety auditing regulatory framework and to conduct warehouse inspections under the applicable warehousing rules.

Finance Commission mandate: final report process continues, drawing on predecessor insights despite pandemic fiscal challenges.
The Fifteenth Finance Commission, operating under its mandate to produce a final report for the 2021-26 award period, remains on course to meet the prescribed deadline and held a virtual consultation with former Finance Commission Chairmen to draw on prior frameworks and institutional insights amid the fiscal challenges posed by the Covid 19 pandemic.