Policy Update Apr 01, 2020 Cabinet Approves New Coal Blocks Allocation Rules The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the methodology for auction of coal and lignite mines or blocks for sale of coal and lignite on revenue sharing basis and increasing the tenure of coking coal linkage.
Policy Update Apr 01, 2020 Govt Trust Industry Fully and Comprehensively: Finance Minister The Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman has stressed that the Central Government trusts industry fully and comprehensively. Sitharaman also said that the industry needs to consider a professional approach towards the skilling of employees across levels.
Policy Update Apr 01, 2020 MCA Allows Companies to Hold AGMs through VC or OAVM The Ministry of Corporate Affairs (MCA) has permitted companies to hold their annual general meeting (AGMs) through video conferencing (VC) or other audio-visual means (OAVMs) during the calendar year 2020.
Policy Update Apr 01, 2020 RERA Would Help in Restoring Trust Hardeep S Puri, Union Minister of Housing and Urban Affairs has said that one of the principal objectives of the Real Estate (Regulation and Development) Act, 2016 (RERA) was to help restore the trust between a buyer and the seller and this could only happen through its true and effective implementation.
Policy Update Jan 01, 2020 Cabinet Approves Ordinance to Relax Restrictions on Coal Auctions The union cabinet has approved the promulgation of Mineral Laws (Amendment) Ordinance 2020 to open up commercial mining of coal by easing restrictions enforced through the Mines and Minerals (Development and Regulation) Act 1957 (MMDR Act) and the Coal Mines (Special Provisions) Act, 2015 (CMSP Act).
Policy Update Jan 01, 2020 NITI Aayog Releases 2nd SDG India Index NITI Aayog released the second edition of the Sustainable Development Goals (SDG) India Index, which comprehensively documents the progress made by the country's states and union territories towards achieving the 2030 SDG targets.
Policy Update Jan 01, 2020 Cabinet Nod to Strategic Disinvestment in More PSUs The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister has given "in principle" approval for strategic disinvestment of equity shareholding of Minerals & Metals Trading Corporation Ltd (MMTC) (49.78 per cent), National Mineral Development Corp. (NMDC) (10.10 per cent), MECON (0.68 per cent) and Bharat Heavy Electricals Ltd. (BHEL) (0.68 per cent).
Policy Update Jan 01, 2020 Sanction to 2,636 EV Charging Stations in Fame 2.0 The Department of Heavy Industries has sanctioned 2,636 charging stations in 62 cities across the country under the second phase of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme.
Policy Update Jul 01, 2018 Cabinet approves additional 6.5 MMT petroleum reserves The Union Cabinet has approved establishment of additional 6.5 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations
