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    Start-up India Scheme
    FM: Officers should use their academic knowledge to find innovative ideas for today’s India accounting for the diversities in human, geographical an...
    Atal Pension Yojan
    FM: Action taken against 271 companies in last three years to safeguard investors
    PM to chair the Fifth Governing Council Meeting of NITI Aayog on June 15
    Ministry of Corporate Affairs & SEBI enter into pact to tighten regulatory oversight
    CCI approves Acquisition of the electrical and automation business of Larsen &Toubro Limited by Schneider Electric India Private Limited and MacRitchi...
    CCI imposes penalty on Chemists and Druggists Association and Pharmaceutical Companies
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    June 28, 2019
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    Fund of Funds support for startups channels capital through AIFs while pairing regulatory relief and IPR fast track measures.
    Start up India creates a combined recognition, regulatory relief and ecosystem platform with a central Startup India Hub and portal, legal and IPR support including fast track patent examination, relaxed public procurement norms, faster exit procedures, and ecosystem measures such as incubators and research parks. The Fund of Funds for Startups (FFS), monitored by DPIIT and operated through SIDBI, commits capital to SEBI registered AIFs which invest in startups; complementary measures include a Credit Guarantee facility and tax exemptions to incentivise investment and growth. State level startup policies and state wise registration and investment data guide decentralised implementation.
    June 28, 2019
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    In-house specialist cadre: officers urged to apply academic knowledge and provide broad-based economic insights and stay updated on trends.
    Officers should apply academic training to generate innovative, context-sensitive economic ideas that reflect human, geographical and local diversity and the unpredictability of human behaviour; they must adopt a broad-based outlook beyond narrow project terms, stay updated on domestic and global trends, and act as credible data and advice sources. The Indian Economic Service functions as an in-house specialist cadre tasked with in-depth research, macro and sectoral analysis, and provision of specialist inputs to inform government policy, with expectation that officers contribute fresh, practical suggestions throughout their careers.
    June 25, 2019
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    Atal Pension Yojana eligibility: citizens aged eighteen to forty, including Mudra, SHG members and Anganwadi workers may join.
    PFRDA has proposed increasing the pension limit and upper age for Atal Pension Yojana; APY is open to Indian citizens aged eighteen to forty and explicitly includes Mudra beneficiaries, Self Help Group members and Anganwadi workers who meet that age criterion, with state wise beneficiary figures for 2016-2019 appended.
    June 24, 2019
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    Investor protection measures: governance mandates and regulatory enforcement used to address grievances and payment disputes in securities markets.
    Companies with large numbers of security holders must constitute a Stakeholders Relationship Committee to consider and resolve security-holder grievances; enforcement action was taken against multiple companies over three years for compliance failures. Separately, securities market regulators initiated adjudication proceedings and issued directions to numerous companies, and received and resolved a substantial number of complaints concerning non-payment of dues, including prior-year complaints.
    June 13, 2019
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    Cooperative federalism drives a national Governing Council meeting to set development priorities and review implementation.
    Prime Minister to chair the fifth NITI Aayog Governing Council meeting to review action on prior agenda items and set national development priorities with active State participation. Participants include ex officio Union Ministers, designated special invitees and senior NITI officers. Agenda highlights rain water harvesting, drought relief, Aspirational Districts Programme achievements and challenges, agricultural structural reforms emphasizing the APMC Act and ECA, and security issues focused on LWE districts. The release underscores NITI Aayog's mandate to foster cooperative federalism, design strategic policy frameworks, support implementation and monitor flagship programme progress.
    June 7, 2019
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    Data sharing for regulatory oversight enables automatic and on request exchange to support scrutiny, inspection and prosecution.
    The memorandum creates automated, regular data exchange between the Ministry of Corporate Affairs and the Securities and Exchange Board of India, covering suspended and delisted company details, shareholding patterns, corporate financial statements, allotment returns and audit reports, and permits on request information sharing to support scrutiny, inspection, investigation and prosecution; a Data Exchange Steering Group will periodically review and improve the mechanism and the MoU is effective from signing.
    June 6, 2019
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    Merger remedy: white labelling and removal of distribution exclusivity to prevent market foreclosure after switchgear acquisition.
    The Commission approved the acquisition subject to remedies: reserve part of the target's installed capacity to provide white labelling for five key LV switchgear products, supply them to third-party competitors at reasonable prices for five years, and grant access to related technology for a further five years; amend commercial policies to remove de facto distribution exclusivity; and commit not to discontinue the target's products or raise their average selling price for a defined period.
    June 6, 2019
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    Anti-competitive conduct: associations and pharmaceutical firms penalised and directed to implement compliance and awareness measures.
    The Commission found associations and certain pharmaceutical companies engaged in anti-competitive conduct by mandating NOCs/LOCs for stockist appointments, restricting market access and supply, and held that this contravened Section 3(3)(a) and 3(3)(b) read with Section 3(1). Following the DG investigation, penalties were imposed and directives issued requiring associations to run competition awareness programmes and companies to implement a Competition Compliance Programme and report compliance.

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