Central Electricity Regulatory Commission (Ancillary Services) Regulations, 2022
These regulations shall be applicable to regional entities, including entities having energy storage resources and entities capable of providing demand response qualified to provide Ancillary Services.
National Commission for Homoeopathy (Removal of Difficulties) Order, 2022
The order provides that where a scheme to establish a new medical institution or start any post-graduate course or increase number of seats is disapproved or where no order is passed within six months of submitting a scheme the person concerned may prefer an appeal to the Commission. Previously this period was 3 months.
Food Safety and Standards (Import) First Amendment Regulations, 2022
The amendment provides that articles of food or ingredients or additive imported by the manufacturers or processors for their captive use or production of value added products for hundred per cent exports; or the consignments of articles of food or ingredients or additives imported by the firms or companies for use of their sister concerns or wholly owned subsidiary companies, to be used for hundred per cent export production.
SEBI notifies Guidelines for depositiers, vault managers in respect of electronic gold receipts (EGR).
As per the guidelines, Vault Manager shall furnish Financial Security Deposit (FSD) of Rs. 10 lakhs to any one of the two Depositories(viz. NSDL or CDSL) before obtaining a certificate of registration from SEBI. This is the minimum amount of FSD which has to be maintained with Depository at all points of time.
The Ministry of Textiles further extends the date of filing Application under PLI Scheme.
PLI scheme for Textiles will promote the production of high-value MMF Fabric, Garments and Technical Textiles in the country. The incentive structure has been so formulated that the industry will be encouraged to invest in fresh capacities in these segments.
SEBI notifies the Trading features pertaining to the electronic Gold Receipts (EGR) segment.
SEBI in its Board meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021. The EGRs were later notified as ‘securities’ under the Securities Contracts (Regulation) Act 1956 in December 2021, paving the way for operationalization of Gold Exchange in India. Subsequently, framework for operationalizing the Gold Exchange in India were also issued.
Ministry of Consumer Affairs reduces agri-cess for Crude Palm Oil (CPO) from 7.5% to 5% with effect from 12th February, 2022.
The rate of import duty on Refined Palm Oils at 12.5%, Refined Soyabean oil and Refined Sunflower Oil at 17.5% will remain in force up to 30th September, 2022. This measure will help in cooling down the prices of edible oils which are witnessing an upward trend in the international market due to lower availability and other international factors.
UGC extends the date for seeking Feedback/Suggestions from stakeholders on draft Guidelines on Institutional Development Plan.
The Draft guidelines include suggestions on recruitment of professionals as faculty, fast-tracking promotion system for teachers, audits of campuses, and the up gradation of physical infrastructure for effective teaching and learning.The Guidelines were released as a part of the implementation of the National Education Policy (NEP) 2020.
UGC has extended the deadline for seeking feedback on draft higher education qualification framework by 21st February 2022.
The Draft framework outlines various “descriptors” or parameters based on which students can be assessed at every level.These parameters include generic learning outcomes, constitutional, ethical, and moral principles, employment-ready skills, entrepreneurship attitude, and knowledge and skill application.
