Union Cabinet has eased foreign direct investment(FDI) norms for various industries such as single-brand retail, coal mining, contract manufacturing and digital media. The changes in FDI policy will result in making India a more attractive FDI destination which may lead to increased investments,employment and growth. Single brand Retail sector:Currently,the FDI policy says that a single… Continue reading Cabinet eases FDI rules in retail, media
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Cabinet nod for revised Chit Funds Bill
The Union Cabinet has approved the introduction of the Chit Funds (Amendment) Bill,2019 in Parliament.The bill seeks to amend the Chit Fund Act,1982. The 1982 Act regulates chit funds and prohibits a fund from being created without the prior sanction of the state government. Under a chit fund,people agree to pay a certain amount from… Continue reading Cabinet nod for revised Chit Funds Bill
Cabinet approves New Delhi International Arbitration Centre Bill,2019
Union Cabinet has approved the New Delhi International Arbitration Centre Bill,2019 for introduction in the ensuing session of Parliament. The Bill provides for setting up of an independent autonomous body for institutional arbitration and to acquire and transfer the undertakings of International Centre For Alternative Dispute Resolution (ICADR) to New Delhi International Arbitration Centre(NDIAC). NDIAC… Continue reading Cabinet approves New Delhi International Arbitration Centre Bill,2019
Cabinet nod for Aadhaar as ID proof at banks, telcos
The Union Cabinet has approved “The Aadhaar and Other Laws (Amendment) Bill, 2019” to replace the Aadhaar and Other Laws (Amendment) Ordinance, 2019. The Bill seeks to give effect to the changes in the Aadhaar Act such as giving a child an option to exit from the Aadhar programme on turning 18. The bill says… Continue reading Cabinet nod for Aadhaar as ID proof at banks, telcos
Union Cabinet clears fresh bill to ban instant triple talaq
The Union Cabinet has approved the Muslim Women (Protection of Rights on Marriage) Bill,2019 replacing the Muslim Women (Protection of Rights on Marriage) Second Ordinance,2019. The bill proposes to declare the practice of triple talaq as void and illegal. It also prescribes a penalty of up to three years imprisonment for an offence and provides… Continue reading Union Cabinet clears fresh bill to ban instant triple talaq
Indian Medical Council Amendment Bill cleared
The Union Cabinet has approved the Indian Medical Council (Amendment) Bill,2019 which will be introduced in the forthcoming session of the Parliament. The Bill seeks to ensure transparency, accountability and quality in the governance of medical education in the country.It provides for the supersession of the Medical Council of India(MCI) for two years. During this… Continue reading Indian Medical Council Amendment Bill cleared
Cabinet approves “The Central Educational Institutions (Reservation in Teachers’ Cadre) Bill, 2019″
The Union Cabinet has approved the introduction of the Central Educational Institutions (Reservation in Teachers’ Cadre) Bill,2019. The Bill will replace The Central Educational Institutions (Reservation in Teachers’ Cadre) Ordinance, 2019. The bill provides for a 200-point roster that defines college or university as the unit for faculty reservation rather than a department or subject.… Continue reading Cabinet approves “The Central Educational Institutions (Reservation in Teachers’ Cadre) Bill, 2019″
Amendments in the Dentists Act Cabinet approves the Dentists (Amendment) Bill, 2019
The Union Cabinet has approved the introduction of the Dentists (Amendment) Bill, 2019.The Bill amends the Dentists Act,1948. The amendment says that the representation of Central government members and elected members would no longer be made mandatory in dental councils and this process will reduce redundancy. The Dental Council of India was incorporated under The… Continue reading Amendments in the Dentists Act Cabinet approves the Dentists (Amendment) Bill, 2019
