RBI issues notification on Investment in Umbrella Organization (UO) by Primary (Urban) Co-operative Banks.
RBI has accorded regulatory approval to National Federation of Urban Co-operative Banks and Credit Societies Ltd. (NAFCUB) in June 2019 for formation of Umbrella Organization (UO) for the UCB Sector. The approval inter-alia permits UCBs to subscribe to capital of the UO on voluntary basis.
MNRE to set up Dispute Resolution Mechanism in states for renewable energy projects.
MNRE has set up a Dispute Resolution Committee (DRC) consisting of eminent persons to deal with disputes between MNRE’s Renewable Energy Implementing Agencies (REIAs) and Renewable Energy developers
Revised BIS standards for tests
The revised standards shall be withdrawn from 22 March 2022.
Ministry of Finance reduces compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty.
Based on the feedback from the Industry, the procedures were simplified and made paperless and contactless with end-to-end automation.
SEBI extends its circular on Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19.
The Relaxation is given to intermediaries/market participant’s w.r.t.compliance with the prescribed timelines which has been extended to June 30, 2022 in view of the Covid19 situation.
IFSCA invites public comments on draft ‘IFSCA Guidance framework on Sustainable and Sustainability linked lending by financial institutions in IFSCs.
The guidance intends to provide a broad framework for adoption of principles aligned with the existing international standards viz. Green/Social Loan Principles developed by Loan Market Association (LMA), Bond Principles developed by International Capital Markets Association (ICMA), Climate Bond Standards by Climate Bonds Initiative and any other similar recognized standards.
UGC invites feedback/comments from public on revised draft National Curricular Framework and Guidelines for “Fostering Social Responsibility & Community Engagement in Higher Education Institutions in India 2.0.
The framework has been revised to include key recommendations of NEP (National education policy) 2020. The experiences of the Covid pandemic and responses by students, faculty and staff of HEIs during the same have been incorporated in this revision.
UGC issues Draft Curriculum on Life Skills (Jeevan Kaushal) 2.0 and The Draft Facilitators Guidelines for Life Skills Curriculum (Jeevan Kaushal).
The UGC has developed these Life Skills Facilitators’ Guidelines to enable facilitators to make these courses interesting and interactive that will inculcate the skills among learners at the higher education level.
Central Motor Vehicles (Amendment) Rules, 2022
The amendment has provided that validity of fitness certificate (in format DD-MM-YYYY) and registration mark of the motor vehicle shall be exhibited on the vehicles. In case of heavy goods / passenger vehicles, medium goods/ passenger vehicles, and light motor vehicles, it shall be exhibited on the upper edge of the left side of the wind screen in yellow colour on blue background in Type Arial Bold Script.
PCI clarification regarding implementation of Diploma in Pharmacy Exit Examinations Regulations, 2022
The state governments are directed by Pharmacy Council of India to continue to follow the existing procedure issued under Pharmacy Act, 1948 to register the students who obtained Diploma in Pharmacy course.
