Ordinance to curb Ponzi schemes gets a nod
The Union Cabinet has approved the Promulgation of Unregulated Deposit Schemes Ordinance, 2019. The ordinance is in regard to the Banning of Unregulated Deposit Schemes Bill, 2018. It seeks to …
Read MoreMonth: February 2019
Govt relaxes norms for startups
The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: (a) The investment limit of angel investors to seek exemption under the Income Tax …
Read More7 islands in Lakshadweep and Andamans identified for seaplane operations
During the 5th meeting of Island developement agency, Four islands in the Andamans and three in Lakshadweep have been identified for seaplane operations, while private sector participation has been invited …
Read MoreStandard mediclaim policy on the cards, guidelines to be framed
Insurance Regulatory and Development Authority of India (IRDAI) has issued draft guidlines on uniform health insurance product, to be called a standard Mediclaim Policy offering basic cover by all insurers including …
Read MoreCabinet approves Phase II of rooftop solar programme
The Cabinet Committee on Economic Affairs has approved Phase-II of the Grid Connected Rooftop Solar Programme (GCRSP). Under the phase II Programme Central Financial Assistance (CFA) for the residential sector …
Read MoreTriple talaq ordinance to be renewed
The Union Cabinet gave its nod to issue the Triple Talaq ordinance, which makes the practice of instant triple talaq by Muslim men a penal offence. The Triple talaq Bill …
Read MoreGovt. provides more for mid-day meal costs
The Cabinet Committee on Economic Affairs has approved the revision of norms under the Mid-Day Meal Scheme. Mid-Day Meal Scheme is a centrally-sponsored Scheme that provides children studying in Classes I-VIII …
Read MoreSC upset at the plight of illegal migrants in Assam
The Supreme Court reprimanded the Assam government’s efforts to deal with the illegal immigration crisis as figures showed that in the past decade, out of 52,000 persons declared foreigners by …
Read MoreMore than 4 lakh children are inhalant addicts: survey
According to a recent study by National Drug Dependence Treatment Centre (NDDTC), AIIMS, Delhi, 5.7 crore people in India suffer from alcohol dependence. Alcohol abuse is particularly very high in …
Read MoreCabinet approves new National Electronics Policy
The Union Cabinet has approved the National Policy on Electronics (NPE) 2019. The policy aims to a) achieve a turnover of $400 billion for the Electronics System design and Manufacturing …
Read More