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    Interns embark on their internship journey across 34 States and UTs of India under the Pradhan Mantri Internship Scheme
    Ministry of Corporate Affairs has taken several steps to improve ease of doing business and enhance ease of compliance
    Prime Minister’s Internship Scheme (PMIS) announced in the Budget 2024-25, aims to provide internship opportunities to one crore youth in top 500 co...
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs Credit Outreach Programme at Madhubani, Bihar
    IICA Hosts MoU Signing Ceremony with Executive Search Leaders, Launches New Governance Initiatives
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs the Credit Outreach Programme at Darbhanga, Bihar
    IEPFA, NCAER and BSE jointly organised a workshop on the revolutionizing impact of digital technology on financial sector
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman meets AIIB Board of Directors in New Delhi
    CCI approves the proposed combination involving acquisition of additional shareholding in Thoughtworks Holding, Inc. by AP Funds and Temasek
    HAL's Maharatna Status: India’s Growth Towards Aerospace Industry
    IICA holds National Conference & Exhibition on Aligning CSR with SDGs in New Delhi
    India and Republic of Uzbekistan sign Bilateral Investment Treaty in Tashkent
    Measures by MCA to address concerns and guide stakeholders for compliances on MCA21 Portal
    NPS Vatsalya: A Groundbreaking Pension Scheme for Minors
    Union Finance Minister Smt. Nirmala Sitharaman launches NPS Vatsalya in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman chairs 2nd meeting to review Capital Expenditure (Capex) for Ministry of Railways, in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman to launch NPS Vatsalya Scheme on September 18, 2024
    National Conference on Responsible Business Conduct by IICA concluded in New Delhi
    IICA concludes third batch of ESG Professional-Impact Leader Programme with BRSR Core Workshop
    Union Minister of State for Corporate Affairs Shri Harsh Malhotra and Justice (Retd.) Shri Dipak Misra, Former Chief Justice of India, inaugurate Nati...
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December 5, 2024
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Internship Scheme benefits expand youth employability through paid internships and one-time grant under direct benefit transfer.
The Pradhan Mantri Internship Scheme pilot provides structured industry internships with a monthly stipend and a one-time grant disbursed via Direct Benefit Transfer, while employers select candidates and provide induction, technical and soft-skills training plus logistical support such as accommodation, transport and health insurance. The scheme targets large-scale placements across states and union territories, with administrative engagement between ministry officials, interns and supervisors and ongoing applicant selection by participating companies.
December 4, 2024
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Decriminalization of corporate offences shifts enforcement to administrative adjudication and simplifies corporate compliance processes.
The Ministry centralised voluntary strike off and e form processing through the Centre for Processing Accelerated Corporate Exit (C PACE), operationalised LLP strike off processing, and reduced processing times; it also effected decriminalization of corporate offences to reallocate enforcement toward administrative adjudication and implemented digital streamlining measures including SPICe+/FiLLiP consolidated incorporation forms, Straight Through Process conversions, increased Small Company thresholds, and establishment of centralised registries and processing centres.
December 4, 2024
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Prime Minister's Internship Scheme expands internship access through MCA partner companies and online portal for youth placements.
Prime Minister's Internship Scheme creates a portal-driven placement mechanism to improve youth employability by posting company internship opportunities, enabling online applicant submissions, and permitting companies and eligible financial institutions to post and select interns; initial partner companies were identified by average CSR spend and additional participants may join with ministry approval to cover under represented sectors.
December 2, 2024
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Financial inclusion drive distributing bank credit, sanctioning rural infrastructure finance, and enrolling seniors into national health coverage.
A credit outreach programme advanced financial inclusion by distributing bank loans to numerous beneficiaries, securing development finance sanctions for rural road projects, enrolling eligible senior citizens into the national health coverage scheme, promoting entrepreneur financing through local product exhibitions, and announcing bank CSR assistance for school infrastructure and community services.
November 30, 2024
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Independent Director Databank strengthens appointment processes for Independent Directors through MoUs with executive search firms to enhance governance.
IICA signed MoUs with six executive search firms to improve selection and appointment processes for Independent Directors, integrating the Independent Director Databank-which requires registration and a proficiency assessment under the Companies (Appointment and Qualification of Directors) Rules, 2014-while launching board evaluation resources to support governance, capacity-building, and board effectiveness.
November 30, 2024
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Financial inclusion expanded through coordinated bank lending, branch and BC rollouts, and targeted rural infrastructure and CSR support.
The programme expanded formal financial access by providing extensive retail loans through participating banks, inaugurating bank branches and business correspondent centres to strengthen delivery, and combining NABARD sanctions and CSR assistance for rural roads, school infrastructure and support to entrepreneurs. Departmental and banking officials reported on financial inclusion efforts while ministers and regional leaders underscored government facilitation in mobilising credit and infrastructure support.
November 12, 2024
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Digital financial education strengthens investor protection and capital market development through technology enabled literacy and risk awareness.
Digitalisation of financial education is presented as a mechanism to enhance investor protection and support capital market development by widening reach, improving risk awareness, and modernising literacy efforts. The IEPFA, NCAER and BSE convened experts to discuss deployment of digital tools, the roles of government and market institutions in scalable education, and the need for coordinated stakeholder action-including regulatory outreach, platform risk management, and cybersecurity integration-to implement accessible investor education and protective mechanisms.
November 12, 2024
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Multilateral Development Bank governance reforms urged to enhance investment, climate resilience, knowledge transfer and innovative financing models.
The Union Finance Minister urged the AIIB to broaden investments into climate adaptation and resilience, infrastructure, energy security and urban development; to integrate finance plus and budget plus elements into project design; to scale private capital mobilisation via innovative financial tools; and to establish mechanisms for transfer of India's digital and disaster management expertise. She also pressed for MDB cooperation and governance reforms to make institutions fit for contemporary challenges and responsive to all members, especially Low Income Countries.
October 30, 2024
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Competition approval for acquisition that consolidates private equity control while preserving a minority passive investor stake.
Approval concerns an acquisition where AP-advised investment funds, via an AP-controlled SPV, will acquire additional equity in Thoughtworks Holding, Inc. resulting in full control by the AP Funds and Nevado Investments, an indirect Temasek subsidiary, retaining an approximate minority non-controlling passive stake. The Commission's clearance addresses competition implications of the change in control and ownership structure, with a detailed order to follow.
October 14, 2024
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Maharatna status expands HAL's financial and operational autonomy, enabling larger independent investments and deeper indigenous defence manufacturing.
The Government conferred Maharatna status on Hindustan Aeronautics Limited after committee recommendations and ministerial approval, based on prior Navratna status, stock exchange listing, qualifying averages for turnover, net worth and net profit, and global presence. The designation grants HAL expanded delegation over capital expenditure and strategic investments, permitting significant investment decisions without prior central approval to expedite projects, enhance operational efficiency, and support indigenisation and international commercial engagement.
October 4, 2024
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CSR alignment with SDGs urged as strategic investment and compliance framework to advance national development goals.
The conference promoted alignment of corporate social responsibility with the Sustainable Development Goals and the Trusteeship philosophy, urging businesses to view CSR as strategic investment and to align programming with national development priorities and SDGs. Speakers emphasised innovation, inclusiveness, multi stakeholder collaboration and the ILCI framework, encouraged corporates to exceed minimum spending thresholds, and released a compendium on the legal regime, compliance, implementation guidance and FAQs. The exhibition showcased initiatives mapped to Schedule VII of the Companies Act 2013.
September 27, 2024
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Investor protection secured through treaty: minimum standards, non discrimination and arbitration with regulatory space preserved.
The Bilateral Investment Treaty between India and Uzbekistan assures reciprocal investor protection by providing a minimum standard of treatment, non-discrimination, protection against expropriation, transparency obligations, and guarantees for transfers and compensation; it also provides for independent arbitration for investor-state disputes while preserving the State's right to regulate.
September 25, 2024
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Online filings portal compliance strengthened: special grievance team to expedite stakeholder issues and provide guidance.
A system of regular review of stakeholder concerns on the MCA-21 Portal has been formalised, using emails, helpdesk tickets, chatbot and social media inputs. A special grievance team will prioritise urgent issues, recommend systemic solutions for recurrent problems, and provide guidance to companies and LLPs to facilitate statutory compliances via the online portal.
September 20, 2024
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Minor-focused pension scheme enables guardian-managed accounts with seamless transition to adult NPS and mandated KYC.
The scheme establishes guardian-operated accounts in the minor's name with required identity and address documentation and PAN/Form 60, accepted through registered PoPs or eNPS. It mandates a minimum opening and periodic contribution with no upper limit, permits selection among Default, Auto Choice lifecycle funds and an Active Choice with specified asset allocation caps, and provides automatic conversion to the NPS Tier-I All Citizen model when the minor reaches eighteen, requiring a fresh KYC within a short specified period after attaining majority.
September 19, 2024
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Pension eligibility for minors enables parental operation of accounts and conversion to standard pensions at majority.
The government launched a pension scheme for minors permitting accounts in a minor's name operated by a parent or guardian, with enrollment via authorised Points of Presence and an online platform. A minimum annual contribution is required and there is no maximum limit. Subscribers may choose among multiple investment allocations across government securities, corporate debt and equity. On reaching majority, accounts convert into the standard pension system account, supporting early saving, compounding benefits, and expanded pension coverage through coordinated outreach and literacy efforts.
September 18, 2024
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Capital expenditure review urges expedited railway capacity, safety and conversion of rolling stock to modern standards.
The Finance Minister directed prioritized capital expenditure to accelerate railway capacity augmentation, doubling and electrification, lay new lines as per Budget allocations, and convert 40,000 conventional bogies to Vande Bharat standards to improve safety and commuter convenience. The Ministry reported 434 projects identified under three Economic Railway Corridors totalling about 40,900 km with ongoing sanction and appraisal activity, and progress on phased implementation of the indigenous Automatic Train Protection system (Kavach), including recent operationalisation of Version 4.0 on a trunk section.
September 16, 2024
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Child pension scheme promotes early savings and PRAN enrolment, enabling online subscription and flexible parental contributions.
Launch of NPS Vatsalya creates a child-focused pension entry under the Pension Fund Regulatory and Development Authority, enabling enrolment of minors with issuance of Permanent Retirement Account Number (PRAN) cards via a new online subscription platform. The scheme permits parents to make flexible recurring contributions on behalf of children, offers investment options aimed at long-term wealth accumulation through compounding, and deploys simultaneous launch events across multiple locations to distribute PRAN membership to new minor subscribers.
September 9, 2024
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ESG integration urged as a strategic priority, calling for mandatory sustainable capital allocation and standardised reporting.
The conference advances ESG integration as a strategic and regulatory priority, urging mandatory capital allocation for sustainable projects and adoption of Sustainability Monetary Measurement Guidelines to operationalise ESG targets and KPIs. It calls for robust, standardised ESG reporting, independent assurance to build disclosure credibility, and strengthened ESG ratings to improve transparency and investor confidence, alongside capacity building in awareness, skills, and informed decision-making.
September 9, 2024
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ESG leadership advances corporate adoption of BRSR Core practices after IICA's professional impact leader programme and workshop.
IICA concluded its third cohort of the IICA Certified ESG Professional Impact Leader Programme with a workshop on the BRSR Core framework, combining expert sessions and participant presentations to build practical capacity for implementing BRSR Core principles. Graduates join the National Association of Impact Leaders (NAIL) to enable ongoing professional development and peer knowledge exchange, targeting sustainability officers, executives, CSR and ESG professionals, finance personnel, and policymakers to advance corporate adoption of BRSR Core-aligned practices.
September 5, 2024
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ESG principles urged as the guiding corporate philosophy to embed sustainability, transparency and fairness in business conduct.
The conference advanced ESG as the central framework for aligning corporate conduct with environmental, social and governance responsibilities, urging Indian businesses to adopt ethical and sustainable practices to support national development goals. The programme introduced practical tools-an ESG book and an online Business Responsibility and Sustainability Reporting (BRSR) data portal-to enhance transparency and benchmarking, and panels called for multi-stakeholder collaboration and sectoral adaptation of national guidelines, including a focus on a just transition balancing growth, equity and sustainability.

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