New Nagar Van Yojana to Green Urban Areas
The Ministry of Environment, Forest and Climate Change has issued a notification introduced the Nagar Van Yojana, a scheme aimed at developing and strengthening green belts in cities across India.
Government Extends Public Utility Status to Transport Industry: What You Need to Know
The Ministry of Labour and Employment, issued the notification saying that the transport industry will continue to be recognized as a public utility service under the Industrial Disputes Act of 1947 for an additional 6 months.
India Updates Its Rice Export Policy
The Central Government has introduced a temporary ban on the export of De-oiled Rice Bran (DRB) until January 31, 2025. . Additionally, India has also decided to permit export of Non-Basmati White Rice to Malaysia. These amendments mark a significant shift in India’s rice export strategy. Both these notifications were published on August 20, 2024.
Draft Rules For Extended Producer Responsibility (EPR) Of Non-Ferrous Metals
Manufacturers, producers, collection agents, refurbishers, and recyclers of non-ferrous metals must register with the CPCB. The CPCB will generate EPR certificates for registered recyclers, acknowledging their contribution to recycling efforts. The validity of the extended producer responsibility certificate shall be two years from the end of the financial year in which it was generated.
Restrictions on Naproxen IP In Fixed Dose Combinations
The Central Government has restricted the manufacture, sale, and distribution of two fixed dose combinations (FDCs) containing Naproxen and either Esomeprazole Magnesium Trihydrate or Pantoprazole. The sale of these FDCs will be permitted only subject to specified conditions.
Implementation of Nasha Mukt Bharat Abhiyan In Medical Colleges and Institutions
The NMC has provided detailed guidelines for implementing the campaign, including the composition of the committees, their roles and responsibilities, and the activities to be undertaken. Medical colleges are also required to submit comprehensive reports to the relevant government departments.
SEBI Consultation paper on streamlining disclosure in respect of appointment of Debenture Trustee (DT) in the offer document.
SEBI proposes that The debenture trustee agreement (DTA) shall be made accessible to investors using ‘QR code’ in the offer document and the DTA shall be used in place of consent letter.
SEBI Guidelines for borrowing by Category I and Category II AIFs and maximum permissible limit for extension of tenure by LVFs
In order to facilitate ease of doing business and provide operational flexibility, it has been decided to allow Category I and Category II AIFs to borrow for the purpose of meeting temporary shortfall in amount called from investors for making investments in investee companies (‘drawdown amount’).
Modalities for migration of Venture Capital Funds registered under erstwhile SEBI (Venture Capital Funds) Regulations, 1996 to SEBI (Alternative Investment Funds) Regulations, 2012
The move is a positive step toward aligning older funds with the current regulatory environment, ensuring better investor protection and compliance with updated SEBI guidelines.
