Empowering Green Energy Consumers: Proposed Regulations for Open Access
The Delhi Electricity Regulatory Commission (DERC) is paving the way for a greener, more sustainable energy future with its latest draft regulations on Green Energy Open Access. These regulations aim to facilitate the seamless integration of renewable energy sources into the grid, ensuring fair and non-discriminatory access for consumers.
Efficiency Boost: Delhi Electricity Regulatory Commission Proposes Amendment
The Delhi Electricity Regulatory Commission (DERC) has proposed a significant amendment to enhance the efficiency of connection release in electrified areas. The draft amendment, titled the Draft Delhi Electricity Regulatory Commission (Supply Code and Performance Standards) (Fifth Amendment) Regulations, 2024, aims to streamline the process and reduce waiting times for consumers.
Empowering Renewable Energy Adoption: Draft Regulations Overview
The recent draft regulations proposed by the Delhi Electricity Regulatory Commission (DERC) outline a comprehensive framework for implementing renewable purchase obligation (RPO) and renewable energy certificate (REC) systems in the National Capital Territory of Delhi.
Karnataka Government Extends Exemption for IT/ITES and Knowledge-Based Industries
In a recent development aimed at fostering growth and flexibility in Karnataka’s burgeoning IT/ITES and knowledge-based industries, the state government has extended the exemption from the Industrial Employment (Standing Orders) Act, 1946.
Revolutionizing General Insurance in India: A Customer-Centric Approach
In a groundbreaking move, the Insurance Regulatory and Development Authority of India (IRDAI) has unveiled a comprehensive Master Circular, signaling a new era in the general insurance landscape. With the abolition of tariffs and the introduction of simplified policy wordings, the focus has shifted towards enhancing customer experience and operational efficiency for insurers.
Finance Ministry Update: New Interest Rates for Non-Government Funds
The Ministry of Finance, Department of Economic Affairs, New Delhi, issued a significant notification on June 10, 2024. This notification concerns the adjustment of interest rates for deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation, and Gratuity Funds. Effective from April 1, 2024, to June 30, 2024, the interest rate has been revised to 7.1%.
Deciphering the Consumer Price Index: Industrial Workers’ Perspective (February-April 2024)
The Ministry of Labour and Employment, through the Labour Bureau, regularly compiles the Consumer Price Index for Industrial Workers (CPI-IW), providing crucial insights into the economic landscape.
Government Notice: Early Closure for Jamai Shasthi Celebration
In a recent directive from the Finance Department (Audit Branch) of the Government of West Bengal, it has been announced that various governmental entities will be closing early on June 12th, 2024 (Wednesday). This closure, scheduled for 2.00 PM, applies to all state government offices, local bodies, statutory bodies, boards, corporations, undertakings, and educational institutions under government purview.
Kerala Govt Endorsed: Infection Control Certification
Are you a medical professional seeking to deepen your knowledge and skills in infection prevention and control? Look no further! The SRC Community College, under the State Resource Centre in Kerala, is offering a Certificate Program in Hospital Infection Prevention and Control.
Unlocking Opportunities: Telangana’s IT Industry Exemption
In a bid to foster growth and innovation within Telangana’s thriving information technology sector, the government has issued a landmark exemption from certain provisions of the Telangana Shops and Establishments Act, 1988. Effective May 30, 2024, this exemption applies specifically to information technology-enabled services (ITES) and information technology establishments across the state.
