“Government of Tamil Nadu Launches 2000 Crore 10-Year Securities Auction: An Insight into Public Stock Sale”
Government of Tamil Nadu has announced the sale of 10 year securities for Rs.2000 crore in the form of Stock to the Public by auction. The auction will be conducted by the Reserve Bank of India at its Mumbai Office, Fort, Mumbai, on February 20, 2024. Competitive bids between 10.30 A.M. and 11.30 A.M. and noncompetitive bids between 10.30 A.M. and 11.00 A.M. shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) System on February 20, 2024.
“Deadline Extended: Opportunity for Regularization of Unapproved Layouts and Plots”
The Government of Tamil Nadu, through the Housing and Urban Development Department, has issued Government Order (Ms) No. 118, extending the deadline until February 29, 2024, for the regularization of unapproved layouts and plots. This applies to plots sold and registered on or before October 20, 2016, under the Regularization of Unapproved Plots and Layouts, 2017 rules, with no alterations to the aforementioned rules. Interested parties are encouraged to apply under this scheme by registering their applications at www.tnlayoutreg.in.
Future stride of developed India will be with the contribution of women power
“The Parliament has approved the Nari Shakti Vandan Bill, a landmark legislation aimed at enhancing women’s representation in both the Parliament and State Legislatures, paving the way for their substantial participation in governance. Vice President of India, emphasized the pivotal role of women’s empowerment in propelling India towards greater strength and the realization of ambitious goals outlined for the Amrit Kal era.
“Hyderabad’s Musi Riverfront: Catalyst for Economic Growth and Environmental Renewal”
Chief Minister of Telangana appealed to NITI Aayog Vice Chairman to collaborate in facilitating the release of Rs.1800 crore grants to Telangana from the Union Government. During his visit to New Delhi today, the CM met with the NITI Aayog Vice Chairman.
Government issues Scheme Guidelines for Pilot Projects on use of Green Hydrogen in the Transport Sector
The scheme will support development of technologies for use of Green Hydrogen as a fuel in Buses, Trucks and 4-wheelers, based on fuel cell-based propulsion technology / internal combustion engine-based propulsion technology. The other thrust area for the scheme is to support development of infrastructure such as hydrogen refuelling stations.
Response to media report on slow progress of investments in Production Linked Incentive Scheme for Specialty Steel in India
The Ministry of Steel, along with other relevant government departments, have been proactively engaging with the PLI beneficiaries to resolve issues faced by companies and facilitate them to meet their commitments under PLI. Measures have been taken to expedite clearances for projects, issue standard operating procedures for Indian visa for experts, and to address the concerns of the participating companies by continuous engagement with the stakeholders.
National Savings Time Deposit (Amendment) Scheme, 2024
By giving retrospective effect to the National Savings Time Deposit (Amendment) Scheme, 2024, no one shall be adversely affected as a result of retrospective effect being given to this amendment.
Pension Fund Regulatory and Development Authority (Trustee Bank) (Amendment) Regulations, 2023
The amendment provides that in the event of the trustee bank for pension fund failing to adhere to the service standards as provided under service level agreement or any guidelines issued by the Authority, whereby any loss or inconvenience is caused to the subscriber, trustee bank shall be liable to compensate the subscriber, in accordance with service level agreement or guidelines issued by the Authority, for this purpose. There shall be no requirement of any loss or inconvenience to be proved on the part of the subscriber.
