Pre-budget consultation gathers state fiscal inputs and reviews central pandemic support measures for consideration in the Union Budget.
Pre-budget consultation chaired by the Union Finance Minister convened state and union finance officials to solicit inputs for the Union Budget, reviewing central fiscal support measures such as enhanced borrowing limits, back-to-back loans, and capital expenditure assistance. Participants submitted suggestions for the Budget Speech, which the Finance Minister received and committed to examine for possible inclusion.

Competition law cooperation enhances cross-border enforcement and capacity building through MoU between two competition authorities.
Approval of a Memorandum of Understanding establishes a framework for cooperation in competition law and policy between the Competition Commission of India and the Competition Commission of Mauritius, providing for exchange of information, sharing of best practices, technical and enforcement cooperation, and capacity building under the authority of Section 18 of the Competition Act, 2002.

Competition approval for acquisition of controlling stake enabling change of control in consumer appliances and safety business.
Competition approval by the Competition Commission of India under Section 31(1) authorises Lunolux Limited's acquisition of a controlling stake in Forbes Enviro Solutions Limited, structured as a primary purchase followed by an open offer under the SEBI takeover regime, transferring control of the target's Health and Safety Business comprising water purifiers, air purifiers, security solutions, vacuum cleaners and electric air cleaning systems.

Startup support schemes expand private investment and procurement access for startups through fund channels and regulatory relaxations.
The Government supports startup growth through two financing mechanisms: the Fund of Funds for Startups (FFS), administered via SIDBI to back SEBI registered AIFs that invest in startups through equity instruments, and the Startup India Seed Fund Scheme (SISFS), which channels seed funding to startups via approved incubators; alongside regulatory and procurement reforms-permitting institutional investment into AIFs, relaxing prior turnover and experience criteria for tenders, waiving earnest money deposits, and creating a dedicated GeM procurement channel for startups.

Committee of creditors as an institution of public faith: workshop urged prudent commercial decision making and stakeholder balancing.
A one day hybrid workshop convened by the insolvency regulator with banking industry partners aimed to build capacity among senior financial creditor representatives so Committees of Creditors discharge statutory duties with care and diligence, prudently apply commercial wisdom in decision making, and consider and balance the interests of all stakeholders in insolvency resolution.

Company incorporations after Make in India signal uptake in corporate registration and reflect emphasis on ease of doing business.
The press release reports aggregated counts of companies incorporated after the Make in India launch and the numbers retaining Active status, presenting company formation as a measurable indicator of the initiative's promotion of manufacturing, investment, innovation and ease of doing business and linking these incorporations to the programme's objective of encouraging entrepreneurship and domestic manufacturing.

Company name removal: registrar may remove inactive companies after due process when no dormant application is filed.
The Registrar may remove a company's name where there is reasonable cause to believe the company has not carried on business for the two immediately preceding financial years and has not applied for Dormant Company status; companies may also apply for name removal by an online application and may apply to obtain dormant status under the Act.

Investment adviser regulation strengthened alongside rapid Demat account growth, highlighting adviser coverage and market participation dynamics.
Demat account holders increased to 7.38 crore and mutual fund investors to around 2.75 crore as of October 31, 2021, with year on year increases in Demat accounts over recent financial years; the ratio of investors to Registered Investment Advisers highlights investor distribution. The SEBI (Investment Advisers) Regulations, 2013 and subsequent amendments of July 2020 are noted as the regulatory framework governing investment advisers, with a modest rise in registered Investment Advisers during the period.

Multilateral coordination required to secure equitable vaccine access and mobilise green finance for inclusive economic recovery.
Promotes multilateral policy coordination emphasising Inclusion, Investment, Innovation and Institutions to achieve an inclusive, sustainable recovery; calls for affordable, equitable access to vaccines and therapeutics to close recovery gaps and cites cross border vaccine supply as coordinated action. Urges enhanced infrastructure investment and mobilisation of green finance and green technologies for developing countries to incentivise and accelerate low carbon growth and enable rapid, stable returns to economic expansion.

National Single Window System centralises regulatory approvals via a digital portal to guide investors through applicable licences and clearances.
National Single Window System is an online one-stop portal that integrates existing clearance systems of multiple Central Ministries/Departments and participating State Single Window systems to provide end-to-end investor facilitation, including pre-investment advisory, land-bank information and unified access to statutory clearances. The portal features a Know Your Approvals (KYA) wizard that, via an interactive questionnaire and Information Toolbox, generates an indicative list of applicable pre-operation approvals and licences from Central and State authorities to guide investors on applicability and application pathways.

Cooperative governance responsibilities clarified: Ministry to set policy, regulate multi state societies and train cooperative personnel.
The Ministry of Cooperation is responsible for formulation and coordination of cooperative policy and oversight, including promotion of a cooperative-based economic development model, strengthening the cooperative movement to the grassroots, creation of policy, legal and institutional frameworks, matters relating to national cooperative organisations and the National Cooperative Development Corporation, incorporation, regulation and winding up of cooperative societies operating across States with Central Government administrative responsibility for units under its control, and training and education of cooperative personnel.

Ministry of Cooperation mandate expands central oversight of multi-state cooperatives and prioritises legal, digital and training reforms.
Creation of a dedicated Ministry of Cooperation centralises policy, coordination and legal-institutional frameworks for cooperatives, covering national cooperative organisations, the National Cooperative Development Corporation and administration of Multi-State Cooperative Societies under the MSCS Act, 2002. The sector is split between State Cooperative Societies (state jurisdiction) and Multi-State Cooperative Societies (central jurisdiction). Priority reforms include amendment of the MSCS Act, computerisation of Primary Agricultural Credit Societies, and enhanced training, alongside coordination of cooperative-related schemes; a state-wise statistical snapshot supports these priorities.

Corporate compliance relief: pandemic-era waivers, timeline extensions and virtual meeting relaxations to ease statutory filings and governance.
Relief measures permitted belated filing of statutory forms without additional fees and immunity from prosecution through the Companies Fresh Start Scheme and LLP Settlement Scheme; subsequent circulars extended and tailored condonation and fee relief for various e forms including charge filings and restorations. Governance flexibilities allowed meetings and AGMs by video conferencing, extended intervals between Board meetings and relaxed certain director residency and procedural requirements. Reporting and audit timelines and formats were amended or extended, electronic transmission of documents was allowed, and specified CSR and debenture investment obligations were temporarily relaxed to ease pandemic related compliance burdens.

Strategic disinvestment approved: government equity in Central Electronics Ltd sold to highest bidder; LoI and SPA to follow.
Approval was granted for the strategic disinvestment of Central Electronics Ltd. by sale of 100% Government equity to the highest bidder after a competitive process; M/s Nandal Finance and Leasing Pvt Ltd's bid exceeded the independently fixed reserve price. The procedure included issuance of revised RFP/SPAs, bidder shortlisting, Virtual Data Room access, due diligence, sealed financial bids and multilayered ministerial approvals. Next steps are issuance of a Letter of Intent and signing the Share Purchase Agreement, followed by satisfaction of conditions precedent and requisite clearances prior to closing.

Corporate Social Responsibility registration: implementing agencies must register and companies must disclose CSR spending annually.
The Companies Act framework permits boards to implement CSR directly or through Implementing Agencies, and the CSR Rules require Implementing Agencies to be registered with the Central Government. CSR is disclosure-based: CSR-mandated companies must disclose annual CSR expenditure and related details in the board report and financial statements filed on MCA21 within 30 days of the Annual General Meeting, which must occur within six months of the financial year end. A ministry circular temporarily relaxed additional filing fees for 2020-21 filings.

Tax devolution boosts transfers to states to strengthen fiscal space and reflect November net proceeds allocation.
The Central Government released two installments of tax devolution on 22 November 2021 totaling Rs. 95,082 crore, above the normal monthly devolution, to strengthen State fiscal space and support investment and infrastructure. These transfers form part of the Net Proceeds of Union Taxes and Duties for November 2021 and are accompanied by a state-wise distribution schedule detailing amounts allocated to each State and UT.

Credit support for entrepreneurship expanded with targeted loan schemes for women and tourism, plus rural infrastructure funding.
A programme of expanded credit support and new lending products for Jammu & Kashmir was announced, combining sanctioning of loans under existing credit-linked schemes (PMEGP, MUDRA, SHGs, JLGs) with launch of bank-run schemes-Tejasvini for women entrepreneurs, Shikhar for hotel, tour and tourism sector credit, and Shikara for Shikara purchase/repair-and a SIDBI cluster development fund. Complementary measures include RSETI infrastructure, new bank branches, NABARD-supported FPO registrations and increased RIDF commitment to boost rural infrastructure and ground-level bank credit in the Union Territory.

Jhelum and Tawi Flood Recovery Project restores services and funds resilience, including activation of emergency COVID response measures.
The Jhelum and Tawi Flood Recovery Project (JTFRP) restores essential services and upgrades design standards for resilience by funding health, education, urban infrastructure and disaster management sub-projects, including an Emergency Operation Centre and SCADA facility. Supported by external credit financing, the project activated its Contingency Emergency Response Component for the COVID-19 response to procure medical equipment and oxygen generation capacity, and promotes economic recovery through artisan cluster development and cultural heritage promotion.

Investment promotion to enhance inflows through collaborative centre-state engagement and streamlined approvals and Ease of Doing Business reforms.
A federal consultation will align central and state authorities around a national investment promotion agenda by exchanging proposals to enhance the investment climate, streamline approvals and clearances, extend Ease of Doing Business reforms to Urban Local Bodies, and coordinate centre-state facilitation to attract inward capital and sustain growth.

IEPFA claim settlement simplification enhances claimant access through trust-based procedures and relaxed documentary requirements for shares and refunds.
Revision of the IEPFA Claim Settlement Process rationalises documentary and procedural requirements under the IEPFA Rules, 2016. For claimants, the changes waive advance receipt, relax succession documentation criteria for physical and demat shares up to specified thresholds, replace notarisation with self attestation, and ease affidavits and surety needs. For companies, requirements for Unclaimed Suspense Account documentation are eased, acceptance of transmission documents is aligned with internal procedures, and the newspaper advertisement requirement for lost physical share certificates is relaxed within monetary limits. The adjustments endorse a trust based model to speed processing and increase claimant participation.