Bill to fortify arbitration framework introduced in Rajya Sabha

Government has introduced the Arbitration and Conciliation (Amendment) Bill,2019 in Rajya Sabha.The bill seeks to amend the Arbitration and Conciliation Act,1996. The bill seeks to make India a hub of domestic and global arbitration for settling commercial disputes.It provides for settlement of commercial disputes within six months. The Bill seeks to establish an independent body… Continue reading Bill to fortify arbitration framework introduced in Rajya Sabha

Dr Harsh Vardhan releases the National Digital Health Blueprint report in the Public domain

Union Health Minister has released the National Digital Health Blueprint (NDHB). The vision of NDHB is to create a National Digital Health ecosystem that supports Universal Health Coverage(UHC). NDHB focuses on providing an efficient and affordable health coverage through a wide-range of data and infrastructure services using open digital systems that will ensure security and… Continue reading Dr Harsh Vardhan releases the National Digital Health Blueprint report in the Public domain

All workers to receive appointment letter; night shift option for women

The Union Cabinet has approved a proposed Code on Occupational Safety,Health and Working Conditions Bill,2019.The bill seeks to merge 13 central labour laws into a single code. The code would enhance the coverage of the safety, health and working conditions provisions manifold as compared to the present scenario. The code says that any business entity… Continue reading All workers to receive appointment letter; night shift option for women

Meghalaya Cabinet approves draft water policy

Meghalaya became the first Indian state to ensure water conservation after the State Cabinet approved the Draft Water Policy. This policy aims to provide safe and hygienic water for various purposes like drinking,domestic,sanitation and livelihood development.The policy recognises water as a common pool resource for all residents of the state. The policy will be implemented… Continue reading Meghalaya Cabinet approves draft water policy

Govt advises NDDB to bring Mother Dairy, other units under RTI ambit

The Government has told the Parliament that it has advised National Dairy Development Board(NDDB) to extend the provisions of the RTI Act,2005 to its subsidiary companies such as Mother Dairy. The Central Information Commission(CIC) in its 2011 order had said that mother dairy is a public authority under clause(i) of Section 2(h) of the RTI… Continue reading Govt advises NDDB to bring Mother Dairy, other units under RTI ambit

Compliance of FDI norms: RBI to unveil report submission mechanism soon

The Reserve Bank of India(RBI) is expected to come up with a mechanism for e-commerce marketplaces to submit their reports proving compliance with the FDI guidelines. According to the FDI norms by the Department for Promotion of Industry and Internal Trade (DPIIT),an e-commerce marketplace entities are required to furnish a certificate along with a report… Continue reading Compliance of FDI norms: RBI to unveil report submission mechanism soon

WPI inflation eases to near two-year low

According to government data,wholesale price-based inflation has reached a 2 year low of 2.02% in June,2019. This decline comes on the back of reduced inflation in the prices of manufactured products as well as a drop in the prices of fuel and power sources. However,RBI has projected upward in food inflation in the near term… Continue reading WPI inflation eases to near two-year low

India, Russia seek to skirt US sanctions threat to arms deals

Russia and India have agreed on a new mechanism which will allow payments for multi-billion dollar defence deals to be made using their own national currencies. This mechanism was established after Indian banks with exposure to the US had suspended payments and instalments to Russia to avoid the threat of punitive sanctions under Countering America’s… Continue reading India, Russia seek to skirt US sanctions threat to arms deals

Over 5 billion dollar penalty imposed on Pakistan in Reko Diq case

The World Bank’s International Centre for Settlement of Investment Disputes(ICSID) has imposed a penalty of $5.95 billion against Pakistan in the Reko Diq case. The penalty was imposed on Pakistan for unlawful denial of a mining lease to a Tethyan Copper Company(TCC) for the Reko Diq project in 2011.The company had claimed 11.43 billion dollars… Continue reading Over 5 billion dollar penalty imposed on Pakistan in Reko Diq case

No intent to exclude India from Afghan diplomacy: China

China has tried to reassure India that it does not intend to exclude India from international diplomacy on Afghanistan. This assurance came after India was excluded from the quadrilateral talks among China,Russia, the U.S. and Pakistan on the Afghanistan peace process. The four countries had jointly urged the Taliban to immediately agree to a ceasefire… Continue reading No intent to exclude India from Afghan diplomacy: China

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