Ministry of Agriculture & Farmers Welfare launches BHARAT under Agri Infra Fund
This month-long campaign aimed at raising funds of Rs 7200 crore for agricultural infrastructure projects was launched via a video conference attended by over 100 banking executives. Banks were advised to conduct a thorough assessment of the impact of the projects created under the scheme at the ground level.
Surrogacy (Regulation) Amendment Rules, 2023
MoHFW has revised the qualifications of the andrologist in surrogacy clinics. The amendment now also permits an andrologist to qualify under the Rules if they possess an MS General Surgery or FNB/MCh/DM in reproductive medicine. Prior to this amendment, only a person possessing a Mch or DNB in Urology with special training in Diagnosing and Treating Male infertility was classified as an andrologist for the purposes of surrogacy.
Assisted Reproductive Technology (Regulation) Amendment Rules, 2023
MoHFW has revised the qualifications of the andrologist in ART Level 2 clinics. The amendment now also permits an andrologist to qualify under the Rules if they possess an MS General Surgery or FNB/MCh/DM in reproductive medicine. Prior to this amendment, only a person possessing a Mch or DNB in Urology with special training in Diagnosing and Treating Male infertility was classified as an andrologist for the purposes of ART.
FSSAI permits Abeyance of Enforcement in Labelling Requirements of Fermented Milk Products
FSSAI has stated that it has received representations from various stakeholders on the use of the term dahi. FSSAI is currently considering these representations and therefore has decided to keep the enforcement of these provisions in abeyance until further orders.
Academic Council and Executive Council of Pondicherry University amends the Administrative Ordinance governing penalties and disciplinary authorities
These amendments to the Pondicherry University Administrative Ordinance are vital for ensuring a fair and accountable administrative system. By introducing both minor and major penalties, the university aims to provide proportional responses to disciplinary issues, considering the severity of the misconduct. These changes uphold principles of fairness, proportionality, and employee welfare while effectively addressing disciplinary matters.
IFSCA (Banking) (Amendment) Regulations, 2023
These amendments aim to refine and enhance the regulatory framework governing banking activities within International Financial Services Centres (IFSCs).
Governor of Tamil Nadu has declared the “Fertilizer Industry” and “Automobile Tyre Manufacturing Industry” as a public utility service
Governor of Tamil Nadu has declared the “Fertiliser Industry” and “Automobile Tyre Manufacturing Industry” as a public utility service for the purposes of the Industrial Disputes Act, 1947.
Consumer Price Index Numbers for the Month of June 2023
Next date of release for July 2023 CPI is 14th August 2023. The minimum wages and variable dearness allowance shall be revised on the basis of Consumer Price Index Numbers for the Month of June 2023.
IFSCA publishes comments received on draft amendment to banking regulations
There shall be no centralized deposit insurance scheme for deposits of a Banking Unit operating as a branch of the Parent bank.
Applicable handbooks for banking entities in International Financial Services Centers Authority
Banking entities are directed to ensure compliance to these handbooks.