News and Updates Issue 28 Duration December 16-31, 2019

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Justice is the great standing policy of civil society.

EDMUND BURKE, 18TH-CENTURY ENGLISH STATESMAN AND ORATOR

BANKING AND FOREIGN EXCHANGE

LABOUR LAWS

  • The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways, Shri Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held today to review the functioning of the scheme. The Interest Subvention Scheme for MSMEs was launched by the Prime Minister Shri Narendra Modi in November, 2018. The modifications in operational guidelines carried out are based on suggestions made by various stakeholders, including banks and lending institutions who had brought to light operational difficulties which were hindering a smooth rollout of the scheme [December 16, 2019]
    For more information, please access –
    https://pib.gov.in/PressReleseDetail.aspx?PRID=1596661

COMPETITION LAW

ENERGY

  • Government reportedly sets up expert panel to resolve oil and gas disputes [December 26, 2019]
    For more information, please access –ReadMore
  • Further to the Government’s commitment for ‘Ease of doing business’, the Ministry of Coal has decided to simplify the process of clearance for Coal Mining Projects. This is intended to not only expedite operationalization of already allotted coal blocks, but also encourage prospective investors/bidders in future auctions [December 16, 2019]
    For more information, please access –
    https://pib.gov.in/PressReleseDetail.aspx?PRID=1596661

NEWS

  • Supreme Court (SC) reportedly issues notice to Government on Anti-CAA Petitions [December 19, 2019]
    For more information, please access –ReadMore
  • National Stock Exchange (NSE) joins hands with Gujarat Government to promote Micro, Small and Medium Enterprises (MSME) [December 20, 2019]
    For more information, please access –ReadMore
  • Apple reportedly has a team working on satellites to beam data to devices [December 21, 2019]
    For more information, please access –ReadMore
  • The Securities and Exchange Board of India (SEBI) puts in place stewardship code for mutual funds, AIFs [December 25, 2019]
    For more information, please access –ReadMore
  • Labour Ministry reportedly moots social security fund linked to Corporate social responsibility (CSR) norms [December 26, 2019]
    For more information, please access –ReadMore
  • The Securities and Exchange Board of India (SEBI) bans investment advisors from providing free trials. SEBI has reportedly said that investment advice can be given after completing risk profiling of the client and ensuring the suitability of the product. [December 27, 2019]
    For more information, please access –ReadMore

 

Disclaimer “This information has been gathered from various sources. Nothing herein is or may be construed as legal advice”.