Odisha MSME Development Policy 2022: Certification, Sanction Orders, and Visit Reports
The Notification outlines the procedures, requirements, and conditions for industrial units to apply for and receive Employment Cost Subsidy under the Odisha MSME Development Policy 2022.
“Notice: Paid Holiday Notification for Factories and Establishments in Andhra Pradesh”
In accordance with the authority vested in the Government of Andhra Pradesh and the provisions outlined in the Andhra Pradesh Factories and Establishments (National, Festival, and Other Holidays) Act, 1974, and the Andhra Pradesh Shops and Establishments Act, 1988, it is hereby proclaimed that a paid holiday shall be granted on the day of polling for both the Legislative Assembly of Andhra Pradesh, 2024, and the Lok Sabha, 2024, falling on May 13, 2024 (Monday).
Andhra Pradesh’s Green Energy Open Access Regulation: A Path to Sustainable Energy Future
In a significant stride towards achieving its carbon neutrality goal by 2070, the Government of India has set forth ambitious targets to bolster renewable energy infrastructure. One pivotal initiative in this trajectory is the Andhra Pradesh Electricity Regulatory Commission’s (APERC) recent enactment of the Green Energy Open Access Regulation, 2024.
Government of Rajasthan Announces Minimum Wage Revision
According to this notification, the variable dearness allowance is calculated based on the Consumer Price Index of Industrial Workers 2003 (1960–100) and adjusted annually. The recent adjustment, effective from October 1, 2023, to September 30, 2024, reflects an increase in the index by 300 points compared to the previous period.
Draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024
The Deviation Settlement Mechanism is a crucial component of the power market that addresses discrepancies between scheduled electricity generation and actual consumption. It ensures fair settlement for market participants who deviate from their scheduled power supply or demand. Stakeholders and interested parties can submit comments, suggestions, or objections on the draft regulations by May 24, 2024.
Who Let These 24 Breeds of Hounds Out?
The Department of Animal Husbandry and Dairying (DAHD) is inviting written comments and objections from the public regarding the prohibition on the import, breeding, and sale of 24 dog breeds. Written comments with scientific reasoning can be sent by registered post to Dr. O.P. Chauhdary, Joint Secretary, DAHD by June 1, 2024.
IFSCA Consultation Paper on proposed IFSCA (Listing) Regulations, 2024
The purpose of the proposed IFSCA (Listing) Regulations, 2024 (“Listing Regulations”) is to provide the revised regulatory framework for issue and listing of various financial products, including specified securities, debt securities and other financial products on the recognised stock exchanges in the international financial services centres (“IFSC”) in India.
Facilitating investments by NRIs and OCIs into Indian securities through Schemes/Funds in an IFSC
SEBI Board, in its meeting held on April 30, 2024, has approved the alternative routes for increased participation by NRIs and OCIs in Indian securities through IFSC based FPIs.
IFSCA directions for bullion intermediaries
This move, detailed in the circular, aims to broaden the participation scope of IFSC entities and expand the pool of suppliers on the IIBX. Under this decision, entities registered with the IFSCA as bullion market intermediaries are automatically eligible to become Qualified Suppliers. However, other entities need to obtain a No Objection from the IFSCA.
IFSCA directions for issuing derivative instruments
The entity shall furnish requisite information to the Clearing Corporations in GIFT-IFSC regarding issue of derivative instrument in the format as may be prescribed, latest by the tenth day of every month.
