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    Government e-Marketplace
    Digital payment promotion gets a boost More than 3.81 lakh consumers and 21,000 merchants win prizes worth ₹ 60.90 crore at Digi-Dhan Melas
    Cabinet approves Listing of Government owned General Insurance Companies at the stock exchanges
    Insolvency and Bankruptcy Board of India invite public comments on draft regulations on Information Utilities
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January 24, 2017
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Public procurement reform: a central digital marketplace enhances transparency, vendor verification and efficiency in government sourcing.
Establishment of a centralized Government e Marketplace provides a paperless, cashless, system driven procurement platform that standardizes specifications, enables direct purchase and competitive bidding/reverse auction, integrates electronic payment and market feeds for price discovery, and enforces automated vendor verification and compliance measures to enhance transparency and efficiency in public procurement.
January 19, 2017
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Digital payment incentives: transactions through specified channels qualify for daily, weekly and final lucky-draw rewards nationwide.
The Government launched two incentive schemes-Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana-that enter consumers' and merchants' transactions within the stated scheme period into daily, weekly and final mega lucky-draws. Participation requires use of specified digital payment channels and draws are conducted publicly at Digi-Dhan Melas nationwide; the programmes combine prize distribution, NPCI analytics, outreach and training and a central budget for prizes and publicity.
January 18, 2017
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Listing of government-owned insurers approved to enable partial divestment under SEBI and IRDAI oversight.
Cabinet granted in-principle approval for listing several government-owned general insurance companies and partial divestment of government shareholding through one or more tranches, subject to compliance with SEBI and IRDAI rules. Listing is intended to increase disclosure, transparency and oversight, strengthen corporate governance and risk management, and enable access to capital markets for business expansion rather than dependence on government capital infusions.
January 18, 2017
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Information Utilities draft regulations open for public comment; submissions accepted online or by email before the stated deadline.
The Insolvency and Bankruptcy Board of India has invited public comments on draft regulations for Information Utilities prepared by a Ministry of Corporate Affairs Working Group; the Report and draft regulations are available on the Board's website and comments may be submitted via the website feedback option or by email before the stated deadline.

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Acts Income Tax