Guidelines for Tariff Based Competitive Bidding Process for Procurement of Firm and Dispatchable Power from Grid Connected Renewable Energy Power Projects with Energy Storage Systems
The guidelines specifically focus on the procurement of firm and dispatchable power from grid-connected RE power projects. The scope of these guidelines extends to the long-term procurement of firm and dispatchable power by Procurers, such as DISCOMs, from Renewable Power Projects through competitive bidding.
Sustainability of Fish Meal Industry and the Livelihoods of Fishermen
In the webinar, the Joint Secretary (IF), DoF (GOI) highlighted that about 70 % of fish and crustaceans produced in aquaculture are fed with protein-rich feed wherein fish meal act as key ingredient.
FSSAI withdraws its Notice inviting Applications for Recognition of Accreditation Bodies
Food Safety and Standards Authority of India (FSSAI) has issued a notice withdrawing its previous invitation for applications for recognition or approval of Accreditation Bodies. The present withdrawal was notified on 8th June, 2023.
NMC seeks feedback on National Medical Commission (Recognition of Medical Qualification) Regulations, 2023
These draft regulations are now open for public comments. Interested parties are requested to share their comments within 30 days of the publication of this notice, i.e. by 9th July, 2023.
Discussion Paper on measures for increasing the possibility of resolution, value of
resolution plan and enabling timely resolution
These proposals aim to address issues related to timely resolution, value realization, and efficient management of claims. By implementing these amendments, it is anticipated that the resolution process will become more streamlined, transparent, and conducive to maximizing the value of assets while ensuring the interests of stakeholders are protected.
Discussion Paper on Simplification of Enrolment and Registration Process for Ease of Entry in the Insolvency Profession
By modifying the requirements, standardizing the PREC, and streamlining the enrolment and registration procedures, the proposed measures aim to enhance efficiency and effectiveness while reducing duplication and ensuring compliance.
CBIC notification to levy IGST on Imports under Advance Authorization which violates pre-import conditions
Imports under Advance Authorization for physical exports are also exempt from whole of the integrated tax and compensation cess but shall be subject to pre-import condition. Hon’ble Supreme Court implies that the relevant imports that do not meet the said pre-import condition requirements are to pay IGST and Compensation Cess to that extent.
NSE Caution notice for Investors
The investors may note that for any kind of disputes relating to prohibited schemes none of the official recourses will be available to investors.
Modified Programme for Semiconductors and Display Manufacturing Ecosystem in India
Modified Programme for Semiconductors and Display Manufacturing Ecosystem in India issues new application process for schemes.
RBI allows additional time to UCBs to achieve PSL
In case contribution has been made by any UCB towards the above PSL shortfall during the FY 2020-21 and/ or FY 2021-22, that contribution can be used to offset any shortfall that may have occurred during FY 2022-23. Excess deposit, if any, after offsetting the PSL shortfall during FY 2022-23 will be refunded.
