“Latest Revisions in Variable Dearness Allowance by Kerala Labour and Skills Department”
Government of Kerala after considering the objections and suggestions received on the draft proposals published as notification No.LBRD-E1/112/2022-LBRD. dated 3rd April, 2023 in the Kerala Gazette Extraordinary No.1315 dated 11th April, 2023 as required under clause (b) of the said Act and in consultation with the Minimum Wages Advisory Board constituted under the said Act, hereby revise the minimum rates of wages payable to the classes of employees employed in the Coir Industry sector in the State of Kerala, as specified in the schedule annexed hereto and fix the date of publication of this notification in the Gazette as the date from which the revised rates shall come into force.
Exposure Draft of Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024
One of the key features of the proposed regulations is its division into two distinct parts. Part A addresses provisions concerning the protection of policyholders’ interests, while Part B deals with operational and allied matters of insurers. This organizational structure aims to provide clarity and facilitate better compliance for stakeholders.
IRDAI (Bima Sugam – Insurance Electronic Marketplace) Regulations, 2024
All the stakeholders are requested to forward their comments / suggestions, if any, on the proposed regulations in the attached format (Annexure- B) on or before 5:00 PM on 4th March, 2024 to sageena@irdai.gov.in with a copy to keshav@irdai.gov.in.
Draft on Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of insurers) Regulations, 2024
The main objective of the proposed draft regulations is to ensure that sound and responsive management practices are in place for effective discharge of actuarial, finance and investment functions and analysis, covering the areas including but not limited to the valuation of assets and liabilities, regulatory reporting, bonus distribution, asset-liability management, solvency, investment and risk management. It will also enable insurers to promote ease of doing business, to improve insurance penetration and to enhance the protection of policyholders’ interest.
Social Security Agreement between Republic Of India and Federative Republic of Brazil
The employees of one country deputed by their employers to the other country on short term assignment are exempted from Social Security contribution in that country up to a period of 36 months. However, such exemption can be availed on the basis Of” Certificate of Coverage” (COC).
Telangana State Aviation Academy entered into an MoU with NRSC
Telangana State Aviation Academy entered into an MoU (Memorandum of Understanding) with National Remote Sensing Centre (NRSC) to provide advanced training for Drone Pilots. The NRSC is one of the primary centers of ISRO – Indian Space Research Organization. Telangana Aviation Academy CEO and NRSC Director signed the agreement in the presence of Chief Minister of Telangana. A 15-day tailored program on data analysis, processing, and mapping will be held for NRSC scientists and drone operators at the TSAA.
“Innovative AI-Enabled System Launched in Tamil Nadu to Safeguard Elephants on Railway Tracks”
The Tamil Nadu Forest department launched its ambitious Artificial Intelligence & Machine Learning enabled surveillance system to prevent death of elephants on railway tracks on 9th february2024. The project was launched-by the Minister for Forest in the presence of Additional Chief Secretary to the Government, Department of Environment, Climate Change and Forest Department. Principal Chief Conservator of Forests & Chief Wildlife Warden on 09.02.2024 at Coimbatore District.
Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
The Amendment Regulations are effective from 12th February, 2024.
Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2024
IBBI directs liquidators to obtain approval of consultation committee for key decisions.
The Fifth Amendment to Andhra Pradesh Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff for Wheeling and Retail Sale of Electricity) Regulation, 2005
The erstwhile APERC (Andhra Pradesh Electricity Regulatory Commission) of the undivided Andhra Pradesh State notified the Andhra Pradesh Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff for Wheeling and Retail Sale of Electricity) Regulation, 2005 (Regulation 4 of 2005) (hereinafter referred to as “the Principal Regulation”) which was published in the AP Extraordinary Gazette on 14.11.2005. The first amendment to the Principal Regulation was notified in the AP Extraordinary Gazette on 07.03.2014 (Regulation 1 of 2014) by the erstwhile APERC.
