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    CCI approves acquisition of shares by Plum Wood Investment and voting rights by Mr. Bhavish Aggarwal in ANI Technologies Private Limited
    CCI approves acquisition of shares by MacRitchie Investments and Fort Canning Investments; and voting rights by Mr. Bhavish Aggarwal in ANI Technologi...
    Insolvency and Bankruptcy Code (Amendment) Act, 2021
    India@75 is a declaration for a new India with new dreams, new energy and new commitment: Shri Piyush Goyal
    NITI Aayog Releases Handbook to Guide EV Charging Infrastructure in India
    Government e-Marketplace (GeM) organizes 5th edition of National Public Procurement Conclave
    CCI approves acquisition of Bikaji Foods International Limited by Lighthouse India Fund III, Limited (Fund III) and Lighthouse India III Employee Trus...
    256 Central Public Sector Enterprises (CPSEs) operational with total annual turnover of ₹ 24, 61,712 crore as on 31.03.2020
    More than 1.17 lakh loans of ₹ 26,391 crore sanctioned to SC/ST and woman borrowers under Stand Up India Scheme (SUPI)
    Shri Piyush Goyal addresses traders’ fraternity on National traders’ day
    23.88 crore cumulative enrolments in Pradhan Mantri Suraksha Bima Yojana since its launch
    171 operating Central Public Sector Enterprises made net profit in FY 2019-20
    ₹ 99,756 crore disputed tax amount settled under Vivad Se Vishwas scheme
    11 Industrial Corridors with 32 Projects to be developed in 4 phases in the country as part of National Industrial Corridor Programme (NICP)
    New Central Sector Scheme for industrial development of Jammu and Kashmirwill help in creation of more employment opportunities and promotion of touri...
    Entrepreneurs availed over 29.55 crore loans of ₹ 15.52 lakh crore under Pradhan Mantri Mudra Yojana (PMMY) since 2015
    Services Trade between India and the U.S will play a very important role in our ever-growing relations – Piyush Goyal
    Centre committed to bolster the ecosystem of patents, design, trademarks, GI systems- Shri Piyush Goyal
    Simplified Patent and Copyright Registration helping India become an innovation hub : Shri Piyush Goyal
    The Insolvency and Bankruptcy Board of India organises the 2nd National Online Quiz on the Insolvency and Bankruptcy Code, 2016
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August 13, 2021
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Acquisition of control: CCI approves share and voting rights transfers in ANI Technologies, impacting ownership and governance.
The Competition Commission approved Plum Wood Investment Limited's acquisition of shareholding in ANI Technologies Private Limited and Mr. Bhavish Aggarwal's acquisition of specified voting rights, affecting ANI's ownership and governance. Plum Wood is an investment holding company whose shareholders are private equity funds managed by Warburg Pincus, and Bhavish Aggarwal is an executive director of ANI. ANI operates a technology platform offering taxi and auto rickshaw aggregation under the Ola brand and conducts related businesses through subsidiaries.
August 13, 2021
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Competition clearance for acquisition of shares and voting rights in a ride hailing platform enabling investor entry and governance change.
CCI approved a combination in which MacRitchie Investments and Fort Canning Investments will acquire shareholdings and certain rights in ANI Technologies Private Limited, and Mr. Bhavish Aggarwal will acquire certain voting rights. MacRitchie and Fort Canning are investment holding companies (MacRitchie is a Temasek subsidiary). ANI operates a technology platform providing taxi and auto rickshaw aggregation services under the brand Ola and undertakes related businesses including food and digital payments. A detailed CCI order will follow.
August 13, 2021
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Pre-pack insolvency introduced: time-bound statutory process with creditor-approved base plans, moratorium, professional duties, and penalties.
The Act creates a statutory pre-packaged insolvency resolution process for eligible corporate debtors, setting eligibility conditions (no recent insolvency, creditor and member approvals, conformity of a base resolution plan), a filing regime under section 54C with prescribed documents, mandatory admission or rejection within 14 days, a moratorium on admission, and tightly prescribed timelines-120 days to complete the pre-pack and 90 days to submit the committee-approved plan-alongside duties and powers of the insolvency/resolution professional, creditor voting thresholds, competitive consideration of base and competing plans, conversion or termination mechanics, and penalties for fraudulent filings and conduct.
August 13, 2021
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Government industry collaboration to operationalise Aatmanirbhar initiatives and boost manufacturing, trade and skilling nationwide.
Government-industry collaboration is the central policy thrust to achieve an Aatmanirbhar transformation by India@75, urging industry engagement in initiatives like the National Single Window System, Production Linked Incentive schemes and Free Trade Agreements to boost capacity, quality and global competitiveness. Complementary measures call for private participation in the vaccination drive and industry support for skilling, presenting regulatory streamlining, incentives, trade outreach and workforce development as interlocking tools to operationalise public-private partnership for sustained manufacturing-led growth.
August 12, 2021
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EV charging infrastructure planning to guide local authorities and utilities in deploying accessible public charging networks.
The handbook provides a systematic approach for implementing authorities-municipal corporations, state nodal agencies and distribution companies-to plan, authorise and execute public charging infrastructure, integrating technological, governance and regulatory measures, promoting distributed low-cost charge-point planning, grid coordination for new power demand from EVs, and local targets embedded in transport and urban planning.
August 11, 2021
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Technology enabled Government Procurement drives efficiency, transparency and inclusiveness with digital exhibitions and buyer seller engagement.
GeM hosted the 5th National Public Procurement Conclave promoting technology enabled government procurement to advance efficiency, transparency and inclusiveness. The virtual event showcased GeM platform features, panels on MSME promotion and fintech for seller credit, virtual B2B/B2G meetings, training, a virtual help stall, and a month long digital exhibition; awards recognized top buyers and sellers for procurement performance.
August 10, 2021
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Merger control approval: private equity acquisition of additional shareholding in a consumer snacks company cleared by regulator.
The Competition Commission of India approved under Section 31(1) of the Competition Act, 2002 an acquisition in which Lighthouse India Fund III, Limited and Lighthouse India III Employee Trust acquire an additional 2.727% equity in Bikaji Foods International Limited; Lighthouse-linked funds already held equity in the Target. The Target manufactures and sells snacks, and a detailed CCI order will follow.
August 10, 2021
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Public sector enterprise performance: majority profitable and adopting virtual recruitment to reduce costs without workforce reduction.
256 operational Central Public Sector Enterprises reported aggregate turnover of 24,61,712 crore as of 31.03.2020 with 171 CPSEs profit-making and collective Profit after Tax figures disclosed; Navratna CPSEs showed improved Profit after Tax in most cases for FY 2020-21, many adopting virtual recruitment and IT tools to contain costs, and there is no reported workforce reduction as a cost-cutting measure.
August 10, 2021
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Stand Up India Scheme expands credit access to SC/ST and women borrowers, increasing entrepreneurship and employment.
Stand Up India Scheme has sanctioned over 1.17 lakh loans aggregating about 26,391.88 crore to SC/ST and women borrowers, creating employment for over 6 lakh persons; lending was provided by public, private and regional rural banks. The Scheme is monitored through DLCC, SLIC and SLBC reviews and videoconferencing, and an independent FY 2019-20 impact assessment led to policy changes: reduction of margin money requirement to up to 15% and inclusion of activities allied to agriculture as eligible under the Scheme.
August 10, 2021
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Trader protection and regulatory simplification to support domestic commerce while urging quality standards and Covid safety.
Minister recognises traders as central contributors to the economy, urges promotion of Vocal for Local and Atmanirbhar commerce, stresses quality and productivity, and announces government commitment to protect traders by simplifying legal metrology and creating a single window online system for compliance and redress; he also praises traders' pandemic role and urges adherence to Covid protocols and vaccination.
August 9, 2021
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Insurance coverage expansion under Pradhan Mantri Suraksha Bima Yojana increases enrolments through targeted awareness and outreach measures.
Pradhan Mantri Suraksha Bima Yojana is a government-backed personal accident insurance scheme targeted at expanding insurance penetration among poor and under privileged groups. Implementing entities use coordinated bank and public insurer outreach, regular media advertising, in-branch posters and banners, and an exclusive online portal with forms, rules and FAQs to increase enrolments and facilitate access.
August 9, 2021
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Strategic disinvestment planned for select central public sector enterprises, alongside report of numerous profit-making CPSEs.
A disclosure records 171 operating Central Public Sector Enterprises made net profit and notes current Maharatna, Navratna and Miniratna classifications. The Budget envisages completion of strategic disinvestment of one Maharatna, two Navratna and two Miniratna CPSEs as part of government ownership restructuring.
August 9, 2021
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Vivad Se Vishwas scheme confirms voluntary dispute resolution model and reporting of settled disputes and corresponding payments.
The Vivad Se Vishwas scheme is a voluntary mechanism for amicable resolution of pending direct tax disputes with no government-set targets; official reporting provides counts of Form 1 declarations filed, disputes addressed, disputed tax amounts declared settled, and payments received against those disputed taxes as indicators of scheme uptake and fiscal realisations.
August 4, 2021
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Industrial corridor development under NICP advances with multiple corridors approved and project statuses updated nationwide implementation progress.
Approval has been granted under the National Industrial Corridor Programme for eleven corridors with thirty-two projects to be developed in four phases; project-level statuses vary by corridor, ranging from approved and under implementation to projects pending development or still conceptualized.
August 4, 2021
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Industrial development scheme for Jammu and Kashmir offers investment-linked incentives to boost manufacturing, services, employment and tourism.
The notification establishes a New Central Sector Scheme for industrial development of Jammu and Kashmir effective from April 2021 through March 2037, applying to non-departmental, GST-registered manufacturing and eligible service enterprises and providing four financial supports: Capital Investment Incentive, Capital Interest Subvention, GST Linked Incentive, and Working Capital Interest Subvention to lower capital and financing costs linked to GST performance.
August 2, 2021
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Small Business Credit Access expanded under PMMY, widening institutional lending and support for new entrepreneurs and complaint redressal.
Pradhan Mantri Mudra Yojana provides institutional credit up to a prescribed ceiling for micro and small business activities, including new enterprises, with annual sanction targets allocated to Member Lending Institutions and data maintained on the Mudra portal; Stand Up India facilitates bank lending to eligible designated-group borrowers for greenfield enterprises, with branch-level composition requirements and governmental coordination with banks to redress implementation complaints.
August 2, 2021
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Services trade will strengthen bilateral economic ties and expand cooperation across fintech, agritech, healthcare and cyber security.
Services trade between India and the US is presented as central to bilateral economic relations, with priority cooperation areas including fintech, agritech, accountancy, law, healthcare and cyber security. The document stresses India's transition from a low cost services provider to a high value add partner, driven by digital market growth, skilled manpower and startup entrepreneurship, and notes recovery of services exports and adherence to international commitments during the pandemic.
August 2, 2021
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Expedited examination accelerates patent processing and strengthens access for startups and small entities under revised IP rules.
Commitment to strengthen the IP ecosystem by procedural, administrative and digital reforms supporting innovation and access for startups, women and small entities. Measures include fee concessions and e filing incentives, limits on adjournments, imposed timelines for examination and disposal, prioritized and expedited examination for eligible applicants, and enhanced transparency through login free databases, real time status, advanced search tools, mobile access and alerts to streamline prosecution and reduce pendency.
August 2, 2021
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Patent and Copyright registration reform accelerates innovation; reduced fees and digital processing boost filings and expedite startup examinations.
Reforms streamline patent, design, copyright and trademark registration through digital end-to-end processing, consolidated filing forms, new timelines for disposal and online hearings to reduce pendency. The scheme provides special prioritisation and expedited examination for applications by Startups, MSMEs and women entrepreneurs, and reduces official filing fees by eighty percent for those categories to promote filings and innovation.
July 31, 2021
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Insolvency and Bankruptcy Code awareness quiz open to eligible citizens, offering medals, sponsored awards and certificates.
Organises a national online quiz to promote awareness of the Insolvency and Bankruptcy Code, conducted by IBBI with MyGov.in from 1-31 August 2021; open to Indian citizens over 18 with exclusions for IBBI employees, registered service providers and their immediate family members, playable on the MyGov portal with terms and schedule on the IBBI events page; tiered medals, sponsored cash awards, Certificates of Merit for top 10% and Certificates of Participation for all.

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