Innovation Sandbox Operating Guidelines

The objective of innovation sandbox is to Promote innovation both in terms of new product and services as well as new ways of delivering existing product and services in financial sector.

RBI Financial Stability Report

The Reserve Bank released the 29th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability.

MCA Legal Training Program-Scheme for the engagement of undergraduate law students/fresh law graduates on pro-bono basis for assisting litigation work

The Scheme shall remain in force with effect from 25th June 2023 till further directions or modifications. All Law Schools/Colleges/Universities recognized by the Bar Council of lndia, shall be intimated regarding engagement of incumbent legal trainees on pro-bono basis. Resumes duly forwarded/attested/recommended by the office of Principal/Director-in -charge/Dean of the University/Law College/Law School should only be considered.

Clarifications on UGC (Minimum Qualifications for Appointment of Teachers and other Academic Staff in Universities and Colleges and Other Measures for the Maintenance of Standards in Higher Education) (3rd Amendment) Regulations 2023

To avoid hardship to those faculty members who have already qualified or are likely to qualify till 31st December 2024 as per the UGC Regulations on Minimum Qualifications for Appointment of Teachers and other Academic staff in Universities and Colleges and other Measures for the Maintenance of Standards in Higher Education, 2010, a choice may be given to them either for being considered for promotions under the 2010 or 2018 Regulations.

EPFO measures for speedy settlement of claims

A dashboard for Pension as well as EDLI & PF (death cases), on due basis, has been provided so that ROS may take these cases up with the employers and the employees for getting the claims.

TRAI mandates Access Providers to enhance their Mobile Apps and Web portals

TRAI has mandated Access Providers to ensure that options for UCC complaint registration and preference management are easily accessible on Access Providers’ mobile applications and websites. Also, essential details for the registration of complaints should be automatically populated, if users grant permission to access their call logs and other relevant data.