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    Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS- Private Sector
    Commerce & Industry Minister visits Cuba to explore bilateral trade and investment opportunities in Latin American and Caribbean regions
    Competition Commission of India (CCI) finds the conduct and practice of All India Film Employees Confederation (AIFEC), Federation of Western India Ci...
    India’s rank rises to 100 in World Bank’s doing Business Report, 2018
    Dr Rajiv Kumar, Vice Chairman, NITI Aayog delivers 24th CVC lecture on the topic “New India @ 2022”
    PFRDA takes a new initiative to increase pension coverage by increasing the incentives payable to Points of Presence (POPs), the principal distributiv...
    Consumer Protection Bill is the top priority: Shri Narendra Modi Shri Narendra Modi inaugurates International Conference on Consumer Protection for E...
    Govt. Expected to raise ₹ 750 Crore through OFS of 5% shares of NLC India Limited; Overall Issue Subscribed 2.10 Times
    Govt. expected to raise ₹ 750 Crore through OFS of 5% shares of NLC India Limited; Non-retail portion over-subscribed by 3.19 times
    General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017
    Strong Macro-Economic Fundamentals And Reforms for Sustained Growth
    Minister for Commerce and Industry reviews Government’s initiatives on IPR
    Commerce and Industry Minister Shri Suresh Prabhu launches CIPAM’s Website
    CIPAM-DIPP Launches Logo and Tagline Contest for Geographical Indications of India
    DIPP eases mechanism for processing FDI proposals
    CBEC to Redistribute Cases in Jurisdictions to Reduce Pendency of Cases With Commissioners (Appeal)
    Over 69 lacs subscribers join Atal Pension Yojana with contribution of ₹ 2690 crores
    Insolvency and Bankruptcy Board of India announces essay competition for students of higher education through Institutes of Learning
    Cabinet approves SANKALP & STRIVE Schemes to boost Skill India Mission
    Commerce & Industry Minister Suresh Prabhu seeks permanent solution to world food security at WTO Informal Ministerial Gathering at Marrakesh
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November 1, 2017
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NPS eligibility extended, enabling later-life joiners to access annuity purchase requirements, exit options, and managed retirement savings.
PFRDA extended the maximum joining age for NPS private models to permit later-life subscriptions with the same pension fund and investment choices; exit and annuity rules for late entrants require a minimum portion of the corpus to be used to purchase an annuity with remaining lump-sum withdrawal permitted, stricter annuity proportions applying to earlier exits, and full corpus payment to nominees on subscriber death.
November 1, 2017
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Bilateral trade and investment cooperation deepened via a memorandum prioritising sectoral partnerships for expanded market access.
A strategic push to expand market access produced a memorandum of understanding between the Federation of Indian Export Organisations and the Cuban Chamber of Commerce prioritising six sectors-pharmaceuticals, tourism, renewable energy, biotechnology, sugar and infrastructure-for bilateral trade and investment cooperation, alongside trade promotion activities, diaspora engagement and technical collaboration with a national biotechnology research centre to explore pharmaceutical and biomedical partnerships.
November 1, 2017
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Anti-competitive agreements: restrictive engagement clauses and prescribed workforce ratios found to breach competition law.
CCI found that provisions in the memorandum mandating that producers engage only with federation members and establishing a vigilance committee to enforce that restriction, together with a prescribed performer engagement ratio, contravened the prohibition on anti-competitive agreements. Clauses on wage fixation and extra-shift compensation were not held unlawful. The regulator emphasized that trade unions are not exempt from competition law and recorded a directive to cease the impugned conduct without imposing monetary penalties.
November 1, 2017
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Ease of Doing Business improvement boosts India's regulatory rankings through targeted insolvency, tax, credit and contract reforms.
India implemented targeted measures across insolvency, tax, credit, contract enforcement, investor protection and construction permitting, including the Insolvency & Bankruptcy Code, professional insolvency institutes, electronic tax and contribution systems, expanded credit bureau coverage and strengthened secured transactions, dedicated commercial courts supported by the National Judicial Data Grid, and procedural streamlining to reduce steps, time and costs.
October 27, 2017
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Anti-corruption and governance reform central to New India roadmap, linking corruption-free governance to broad development goals.
The lecture positions governance and anti-corruption reform as central to a staged national development roadmap through 2022, describing three concurrent transformations-economic, social and political-driven by mass participation. It sets specific governance-related objectives, notably Corruption Free India, alongside Poverty Free India, Dirt and Squalor Free India, Communalism Free India and Terrorism Free India, and links these goals to institutional reform, public accountability and the role of public sector leadership in implementation.
October 27, 2017
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Pension distribution incentives increased to strengthen POP engagement and boost National Pension System participation and contribution persistency.
The authority increased incentives payable to Points of Presence to expand National Pension System coverage by raising the charge for initial subscriber registration, maintaining charges for subsequent and non financial transactions, adjusting e NPS commission rates for subsequent contributions in retail accounts, and introducing an annual persistency incentive payable to POPs for each account that continues to contribute a minimum amount in a financial year to promote continuous contributions and retention.
October 27, 2017
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Consumer Protection Bill priority: modernise statutory safeguards, strengthen redressal, and advance cross border consumer protections.
The national agenda prioritises enactment of a new Consumer Protection Bill to replace the Consumer Protection Act, 1986, modernising statutory protections and regulatory mechanisms. Emphasis is placed on an efficient consumer redressal system, sectoral measures including hallmarking, and technology driven transparency. Regional transnational cooperation is urged, with implementation priorities from the UN Guidelines such as affordable ICT, product safety, full disclosure, rapid dispute resolution, and data privacy protections.
October 27, 2017
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Offer for Sale of government stake in NLC India leads to oversubscription and retail discount allocation.
Disinvestment executed through Offer for Sale of government-held equity in NLC India Limited reduced the sovereign shareholding and allocated shares across retail and non-retail categories. The government initiated a base disinvestment of a specified percentage of paid-up equity with an option to retain oversubscription up to an additional tranche; trading for the non-retail book occurred at a disclosed floor price and the offer size was revised upward to accommodate oversubscription.
October 25, 2017
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Disinvestment via Offer for Sale prompts government to reduce stake after non-retail oversubscription increases offer size.
The Government conducted a disinvestment via Offer for Sale with a base share sale and an explicit oversubscription option; substantial non-retail oversubscription led to expansion of the offer size by exercising that option. The OFS used floor-price bidding for non-retail bids, preserved a separate retail tranche with a pricing discount relative to the non-retail cut-off, and resulted in a reduction of the Government's post-disinvestment equity stake.
October 25, 2017
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Interest rate for provident funds updated; notified rate applies to subscriber accumulations for the specified quarter.
The Government specified the interest rate to be credited to accumulations in the General Provident Fund and similar subscriber funds for the quarter beginning in October and ending in December 2017, and formalised that rate by issuing a notification published in the Gazette of India.
October 25, 2017
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India's economy: low inflation, fiscal consolidation and major infrastructure and banking reforms to boost growth.
The document links sustained low inflation, CAD below 2% and elevated forex reserves to steady fiscal consolidation, and describes a reform package-GST, asset monetisation and large-scale public capital expenditure (roads, ports, housing, power, rail)-alongside banking-sector measures (AQR, NPA recognition, provisioning, insolvency tools, capital infusion) and targeted MSME support to catalyse investment, jobs and faster GDP growth.
October 25, 2017
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Intellectual Property Rights modernization accelerates e filing, examiner recruitment, pendency reduction and national awareness initiatives.
The Department of Industrial Policy and Promotion has modernised IP administration through e filing, auto allocation of patent applications, auto generation of trademark certificates and recruitment of additional examiners to reduce pendency; trademark examination time has been cut to under one month. Institutional and outreach measures include establishing Technology and Innovation Support Centers, IPR awareness in schools and universities, social media GI campaigns, and launch of the Cell for IPR Promotion and Management website to publicise statistics and implement the National IPR Policy.
October 24, 2017
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Intellectual property rights outreach expanded as a new government portal centralises resources, updates and enforcement guidance.
Launch of a centralised government online portal to support implementation of the National Intellectual Property Rights Policy through outreach, information dissemination and enforcement support. The CIPAM website publishes updates on events and programmes, provides curated resource material for schools, universities, industry and enforcement agencies, and presents IP trends and statistics alongside information on government initiatives to strengthen the IPR regime.
October 18, 2017
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Geographical Indication mark contest seeks a unified logo and tagline to promote registered GI products nationwide.
CIPAM under DIPP launched a national contest on MyGov.in to design a unified certifying GI logo and a promotional tagline/slogan for registered Indian GIs, aiming to create a single recognisable mark usable across all GI categories to enhance awareness, branding and income opportunities for producers; the initiative complements IP outreach campaigns and state-level collaboration, with contest details and the register of GIs provided online.
October 18, 2017
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Easing of FDI proposal processing: discontinuation of referral to revenue department streamlines approvals under revised SOP.
The Department of Industrial Policy and Promotion amended the SOP for FDI proposals to discontinue marking applications to the Department of Revenue for comment, removing a formal inter departmental referral step to streamline approvals and promote ease of doing business while retaining the centralized SOP framework and its target approval timelines.
October 18, 2017
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Case redistribution reduces appellate pendency by reallocating Commissioner Appeal cases across jurisdictions to balance workload.
Redistribution will reallocate matters pending before Commissioners (Appeal) within a Principal Chief Commissioner / Chief Commissioner's territorial jurisdiction among other Commissioner rank officers in that jurisdiction, pursuant to a notification and circular, to reduce overall pendency by administrative workload balancing at the Commissioner (Appeal) level.
October 16, 2017
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Pension coverage expansion urged as Atal Pension Yojana seeks increased enrolment and improved contribution persistence.
Atal Pension Yojana enrollment has grown but authorities emphasise increasing pension coverage and ensuring regular contribution persistence. APY is a self contributory scheme offering guaranteed pension with adjustable pension levels and spousal continuation; stakeholders including banks and post offices are urged to meet targets, educate subscribers, adopt e APY digital onboarding, and explore state co contributions to broaden outreach.
October 13, 2017
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Insolvency awareness: essay competition to promote bankruptcy regime understanding among higher education students through learning institutes.
Establishes an outreach mechanism to advance insolvency and bankruptcy awareness among higher education students by promoting essay competitions through Institutes of Learning. Eligible participants are graduate and postgraduate students across disciplines at universities, deemed universities and professional institutes. Institutes organising contests must follow published guidelines and will issue certificates of participation to all entrants and award prizes to top submissions, with the Institute of Learning responsible for competition facilitation and compliance with procedural directions.
October 12, 2017
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Skill development reform shifts vocational training to an outcome-focused national architecture with accreditation and quality assurance.
Cabinet approval establishes SANKALP and STRIVE to shift vocational training to an outcome-focused national architecture by creating bodies for accreditation & certification, universalising the National Skills Qualification Framework and National Quality Assurance Framework, upgrading institutions including ITIs, promoting industry-linked apprenticeship and setting up Trainer and Assessor academies, while decentralising planning to State Skill Development Missions and targeting inclusion of marginalized groups.
October 12, 2017
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Public stockholding for food security must secure a permanent WTO solution preserving special and differential treatment.
Permanent public stockholding for food security must be secured at the WTO as part of MC11 outcomes, protecting developing countries' ability to procure and distribute food. Meaningful agricultural reform requires addressing disproportionately large subsidies of developed countries and providing explicit special and differential treatment for all developing countries. Negotiations should preserve policy space to balance trade liberalisation with protection of livelihoods for low income farmers and to distinguish between large scale and traditional small scale fishing in any discipline on fisheries subsidies.

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