Ministry of Health and Family Welfare publishes ‘Reform, Perform and Transform’- Governance Reforms in Medical Education (2014-2022).

The booklet recognises that Health workforce is the most critical asset for health systems worldwide and in the post-pandemic era, is increasingly being recognized as a priority pillar to ensure equitable health coverage, locally, nationally and globally. The booklet goes on to state that the key area in which reforms will continue is the quality of education. The National Medical Commission (NMC) will ensure the effective implementation of a competence-based curriculum in all medical colleges, along with a focus on skill-based teaching.

IBBI has revised fees applicable to Insolvency Professionals and IPEs

Insolvency and Bankruptcy Board of India (IBBI) has enhanced its existing fee structure and has introduced a regulatory fee. These revisions will be applicable to Insolvency professionals (IPs) and Insolvency Professional Entities (IPEs). The fees shall be credited to bank account of the Board, However, the online payment module for these fees is not yet implemented.

IBBI updates its Research Initiative of 2019

This Initiative aims to promote legal, economic, and interdisciplinary research. It also aims to promote discourse in areas relevant for the evolving insolvency and bankruptcy regime in general, and in India in particular. This Initiative was open from 1st August, 2019. The research proposals can be submitted from 1st August, 2019 onwards. The initiative enumerates 36 illustrative areas upon which a researcher can work in. The researcher shall submit a research proposal in the prescribed format. The process of evaluation of the research proposal is also detailed in the research proposal.

IRDAI issues Clarification on Secondary Market Trading in Government Securities

IRDAI had notified its ‘Investments – Master Circular under the IRDAI (Investment) Regulations, 2016. Clause 4 of the Master Circular deals with Operational Procedures. Clause 4.11 specifically covers Negotiated Dealing System – Order Matching (NDS-OM). IRDAI has now clarified that all trades reported on Negotiated Dealing System – Order Matching (NDS-OM) platform shall be treated as compliant with the requirements of Para 4.11.3 of the Master Circular.

Revised Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021

Revised Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 shall be applicable to Scheduled Commercial Banks, Regional Rural Banks, Primary (Urban) Co-operative Banks/State Co-operative Banks/ Central Co-operative Banks, All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI), Small Finance Banks, and All Non-Banking Finance Companies (NBFCs) including Housing Finance Companies (HFCs).

List of FSSAI recognized and NABL accredited laboratories

FSSAI has issued issued the list of FSSAI recognized and National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited laboratories. The circular has enlisted the laboratories, their contact details and their scope of testing.

Government of Maharashtra issues revised list of public holidays

The list provides public holidays, holidays for banks and additional holidays for the offices of the State Government, State Public Sector undertakings, Municipal Corporation, Municipal Council, Nagar Panchayat, Zilla Parishad, Panchayat Samittee, and Village Panchayat.

Government of Assam issues revised leave policy

All Second Saturdays and Fourth Saturdays of the month will be observed as Holidays. All other Saturdays will be full working days. Each employee may be allowed to avail of 2 days as Restricted Holidays as notified below for the year 2023.