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    Addressing the Opening Session of the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai, the Prime Minister, Shri Narend...
    India to look forward for investments in 9 more projects from Asian Infrastructure Investment Bank (AIIB), says the Union Minister of Railways, Coal, ...
    Response Format for Public Comments on Draft National Guidelines,2018
    Suggestions invited on the draft chapter on Cross Border Insolvency
    Official Statistics - A Clarification
    The IBC (Amendment) Ordinance, 2018 and the Homebuyer
    President Approves Promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018
    Shri P.P. Chaudhary felicitates International Olympiad winners of 2017-18; exhorts students to strive for a balanced life
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    June 27, 2018
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    Tax reform One Nation One Tax strengthens investor confidence and supports infrastructure financing expansion ambition to scale AIIB financing.
    The statement calls for scaling up multilateral infrastructure finance through AIIB and outlines policy measures to attract institutional and foreign capital: simplification of business rules, enhanced transparency and predictability, the Goods and Services Tax as a unifying tax reform, and deployment of funding mechanisms such as Public Private Partnerships, Infrastructure Debt Funds, Infrastructure Investment Trusts and development of brownfield assets to mobilise pension, insurance and sovereign wealth funds.
    June 25, 2018
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    Rule of law drives multilateral infrastructure investment; India seeks further AIIB project commitments to expand sector lending.
    India seeks additional AIIB commitments for nine further infrastructure projects, focusing on rural infrastructure, energy and power, environmental protection, transportation and telecommunications, water supply and sanitation, urban development and logistics. The statement attributes project flows to a robust procedural framework and the prevalence of the rule of law, and links enhanced multilateral engagement to national goals of universal access to housing, continuous electricity, sanitation, clean water, road connectivity and internet access.
    June 20, 2018
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    Business Responsibility Reporting: draft guidelines require structured disclosures across governance, social, environmental and consumer indicators.
    The document solicits public comments on revised National Guidelines, focusing on Principles and Core Elements and the Business Responsibility Reporting Framework. It requires use of a prescribed response form and requests stakeholder inputs on nine business principles, proposed edits, and a detailed set of quantitative and qualitative indicators across governance, sustainable products, labour and human rights, stakeholder engagement, environmental management, public policy advocacy, community impact, and consumer responsibility for integration into final Guidelines.
    June 20, 2018
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    Cross-border insolvency framework proposed: Model Law-based recognition, COMI rules, moratoriums and cooperation with foreign representatives.
    The draft introduces a Model Law-based cross-border insolvency chapter for corporate debtors, defining COMI presumptions, recognition procedures for foreign proceedings and representatives, documentary requirements and a time-bound recognition decision. Recognised foreign main proceedings may attract moratoria and specified reliefs to protect assets and creditor interests, while foreign representatives and creditors have prescribed access and participation rights subject to safeguards, exclusions for certain foreign tax and social security claims, public policy exceptions, cooperation mechanisms between authorities, and Central Government notification powers.
    June 12, 2018
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    Base year revision updates statistical methods and data sources, aligning systems to improve reliability of national economic indicators.
    Periodic base year revision integrates new and higher frequency data sources, revises item baskets and methodologies, and links old and new national account series by re estimating recent years and splicing earlier years so growth rates remain comparable while detailed additivity may change; parallel methodological upgrades to price and production indices and expanded employment measurement through household, establishment and administrative data aim to improve coverage, timeliness and reliability of macroeconomic indicators.
    June 9, 2018
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    Homebuyer as financial creditor enables initiating corporate insolvency and participating in creditor committees to influence resolutions.
    The ordinance designates an allottee of a real estate project as a financial creditor, granting the homebuyer the right to initiate corporate insolvency resolution proceedings, to join and vote on the committee of creditors, and to stand on parity with other financial creditors in liquidation, thereby allowing direct participation in and influence over the resolution process aimed at completion or transfer of projects.
    June 6, 2018
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    Recognition of home buyers as financial creditors expands their rights and access to insolvency proceedings and creditor representation.
    The Ordinance recognises home buyers as financial creditors with representation in the Committee of Creditors and the ability to initiate insolvency proceedings. It establishes stricter withdrawal rules requiring creditor approval before publication of expressions of interest, reduces voting thresholds to promote resolution, refines bidder disqualification and eligibility procedures including affidavits and a limited grace period for certain distressed-asset holders, and provides special dispensation and exemptions for the MSME sector along with measures to facilitate interim finance and regulatory development roles.
    June 4, 2018
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    Academic encouragement: Felicitation of Olympiad winners promotes imagination and balanced life through extracurricular engagement and yoga.
    Felicitation of Olympiad winners emphasised cultivating imagination, observation and daydreaming as productive habits for innovation, paired with active life practices like Yoga to ensure wellbeing; the Minister praised academic preparation over personality as the measure in exams and commended teacher and institutional roles in wide participation and award distribution across the Science Olympiad Foundation's international examinations.

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