Emergency Credit Line Guarantee Scheme expands guaranteed credit to businesses, with banks sanctioning and disbursing significant loans under the program.
The Emergency Credit Line Guarantee Scheme (ECLGS) provides government backed guaranteed credit to mitigate COVID 19 distress, targeting MSMEs; banks in the public and private sectors have sanctioned and disbursed substantial loans under the Aatma Nirbhar Bharat package, with separate reporting of sanctioned amounts and disbursements by bank group, identification of top lenders, and compiled state wise and bank wise implementation data for monitoring outreach.

Fair and Remunerative Price linked to sugar recovery rate; mills below threshold receive a lower fixed rate.
Fair and Remunerative Price for sugarcane for 2020-21 is fixed with a base rate at a specified recovery benchmark; a premium is payable for each incremental increase in recovery above that benchmark, a reduction applies for recoveries below the benchmark but above a lower threshold, and mills at or below the lower threshold receive a fixed reduced price; the scheme implements growers' entitlement under the Sugarcane (Control) Order, 1966.

Working capital cap relaxation allows additional lending to DISCOMs to provide urgent liquidity amid COVID-19 revenue shortfalls.
One-time relaxation authorises designated financial lenders to exceed the working capital cap of 25% of prior-year revenues under the Ujwal DISCOM Assurance Yojana to permit additional lending to power distribution companies, providing immediate liquidity to address COVID-19 induced revenue shortfalls and to facilitate state payments to DISCOMs.

Partial Credit Guarantee Scheme modification increases permissible AA-rated share and extends portfolio build-up period for banks.
Modification of the Partial Credit Guarantee Scheme (PCGS) 2.0 extends the portfolio build up period by three months and requires portfolio crystallisation based on actual disbursements for the guarantee to take effect. At the portfolio level, the permitted share of AA and AA rated instruments is raised to 50% of the total portfolio, increasing headroom for Public Sector Banks to purchase bonds and commercial papers issued by NBFCs, HFCs and MFIs under the Scheme.

Business Responsibility and Sustainability Report updates BRR formats to align with NGRBCs, introduces comprehensive and Lite formats, phased implementation.
The Committee replaces BRR with the Business Responsibility and Sustainability Report (BRSR) comprising two electronic formats (comprehensive and Lite) structured into General Disclosures, Management and Process, and Principle wise Performance with Essential and Leadership indicators. It recommends phased applicability-initially to large listed companies and to unlisted firms above thresholds-integration with MCA21 (preferably XBRL), guidance notes, pre fill from statutory filings, capacity building, and future development of a Business Responsibility Sustainability Index.

Merger approval under competition law for a joint venture combining automotive component businesses across braking, chassis and powertrain.
The Competition Commission of India approved a proposed combination among Keihin Corporation, Nissin Kogyo Co., Ltd., Showa Corporation and Hitachi Automotive Systems, Ltd. by way of a joint venture between Honda Motor Co. Limited and Hitachi Limited, consolidating entities active in the development, manufacture, sale and supply of automotive components in India, including braking systems, shock absorbers, powertrain and chassis systems; a detailed CCI order will follow.

Student entrepreneurship support enables ATL innovators with mentorship, prototyping, IP assistance and market launch pathways.
Atal Innovation Mission and Dell Technologies launched Student Entrepreneurship Programme 2.0 to advance commercialization of Atal Tinkering Lab student innovations by providing mentorship, prototyping and testing support, end-user feedback, intellectual property registration and patenting assistance, manufacturing facilitation, and market launch support, building on SEP 1.0's selection and incubation pathway through ATL Marathon, Atal Incubation Centres, and prior cohort outcomes.

Technology-enabled government procurement boosts transparency, mandates country-of-origin disclosure, and enforces supplier sanctions for noncompliance.
GeM expands technology-enabled procurement using Direct Procurement, e-Bidding and Reverse Auction to enhance transparency, competition and inclusiveness; mandates listing Country of Origin for sellers; applies interest for delayed payments; and provides for identification and exclusion of sellers supplying poor quality or charging excessive prices, with planned upgrades (GeM 4.0) and integration of major buyers to increase savings and efficiency.

Regulatory reform for traders urging customer awareness and licensing simplification to boost domestic manufacturing and market access.
Traders are urged to promote Make In India goods through customer awareness and whistleblowing against low quality imports, to include employees in the Traders Pension Scheme, and to join the Government e Marketplace. The Government seeks trade specific recommendations for reforms-including online licence issuance and payments, longer licence tenures, decriminalization of laws, ending discretionary enforcement powers, and simplification of rules-and announces that a National Traders Welfare Board will be constituted to consider these proposals alongside support measures in the Aatmanirbhar package and railways facilitation.

Authorised representative selection refined; voting instructions streamlined and simultaneous plan voting with required approval threshold established.
The interim resolution professional must offer three Insolvency Professionals from the State or Union Territory with the most creditors in the class to act as authorised representative; the authorised representative shall seek voting instructions only after circulation of meeting minutes, may circulate the agenda and seek preliminary views before the meeting, and the committee of creditors shall evaluate all compliant resolution plans per the evaluation matrix and vote on them simultaneously, with the plan receiving the highest votes and meeting the prescribed approval threshold considered approved.

Replacement of liquidator allowed in voluntary liquidation by members' or contributories' resolution, enabling appointment of another insolvency professional.
The amendment permits replacement of the liquidator in a voluntary liquidation: a corporate person that initiated voluntary liquidation may, by a resolution of members, partners, or contributories as applicable, appoint another insolvency professional to act as liquidator in place of the incumbent; the initiation condition that the corporate person have no debt or be able to pay debts in full is preserved and the amendment is effective immediately.

Liquidator fee entitlement clarified: fee corresponds to amount realised or amount distributed when realization and distribution are by different liquidators.
Amendment clarifies that if a liquidator realises an amount but does not distribute it, he is entitled to a fee corresponding to the amount realised by him, and if a liquidator distributes an amount not realised by him, he is entitled to a fee corresponding to the amount distributed by him; the committee of creditors may fix fees, failing which default percentage-based fees apply.

Trusted investment partnerships: India advancing regulatory reforms and facilitative measures to attract authentic Japanese investors.
India and Japan are pursuing strengthened economic engagement by cultivating trusted investment partnerships with authenticated investors and promoting bilateral industrial collaboration. The Government of India is emphasising regulatory and administrative reforms to improve the investment environment and business continuity, highlighting priority sectors such as electronics, IT, automobiles, textiles, food processing and pharmaceuticals. Facilitative measures include planning an additional Japanese industrial township, state and central incentives, and a GIS-enabled database of industrial areas and clusters to support investor decision-making.

Merger control: regulator clears acquisition of a minority stake in a state power generator, enabling private participation.
The Competition Commission of India approved a proposed combination under merger control in which Adani Power Limited, a publicly listed power generation company, will acquire 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC). OPGC is a state-incorporated joint venture formed by the Government of Odisha and AES entities and operates as a state government company in the business of power generation. A detailed order from the regulator will follow.

Presentation of credentials formalises India's Permanent Representative accreditation to the WTO and affirms India's role in the organisation.
Presentation of credentials formalises Brajendra Navnit's accreditation as India's Permanent Representative to the World Trade Organization; the Director-General received the credentials and emphasised India's important role, establishing the ambassador's authority to represent India in WTO deliberations, institutional interactions, negotiations, and official duties on India's behalf.

Financial Resolution and Deposit Insurance Bill not reintroduced; government confirms no decision to reintroduce the measure.
The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill) was referred to a Joint Committee and later withdrawn for further comprehensive examination and reconsideration; the Government clarifies that no decision has been taken to reintroduce the FRDI Bill.

Trade transparency should underpin global supply chains, enabling trust and equitable access to medicines during pandemics.
Calls for enhanced transparency and mutual trust in international trade to sustain global supply chains and support trade-led recovery; urges inclusive, balanced and consensus-based WTO reform to preserve openness, fairness and non-discrimination; criticises intellectual property rules that impede affordable access to medicines during a pandemic and asserts that IPRs should not block critical medical supplies while promoting expansion of domestic manufacturing and integration into global value chains.

Procurement restrictions on bidders from neighbouring border countries require prior registration and mandatory political and security clearance.
Bidders from countries sharing a land border with India are eligible to participate in public procurement only if registered with the Competent Authority and granted mandatory political and security clearance; the Order covers goods, services and works across central entities, public financial institutions, autonomous bodies, CPSEs and government supported PPP projects, requires state implementation with state level competent authorities, allows limited pandemic and development assistance exemptions, and applies to new tenders with disqualification or re tendering where registration requirements were unmet.

Central Consumer Protection Authority strengthens enforcement, imposing e commerce transparency requirements and new product liability protections for consumers.
The Act establishes the Central Consumer Protection Authority with powers to investigate violations, order recalls, discontinue unfair trade practices and impose penalties; it imposes e commerce transparency and grievance redressal obligations, introduces product liability covering manufacturers, service providers and sellers for compensation claims, and streamlines dispute resolution by enabling electronic filing, review powers for commissions, deemed admissibility, videoconferencing and mediation for early settlement.

Property tax administration reforms to vest ULBs with valuation, rate-setting and collection powers for equitable local revenue enhancement.
The document calls for strengthening property tax administration by vesting ULBs with responsibility for property data collection, valuation, rate-setting and tax collection to correct undervaluation and fragmented administration, and proposes objective cadastral assessment systems. It summarizes MoHUA's non-financial measures-revised tax conditions, tied grants, public health grants, urban reforms and shared municipal services-and financial proposals to increase municipal devolutions, create a Programme Management Unit, build institutional capacity, harmonize accounts, and fund revenue enhancement and shared services, asking the Finance Commission to consider these in its fiscal recommendations.