PFRDA Launches Instant Verification of Bank Account For Timely Credit of Funds.

The Instant Bank Account Verification by ‘penny drop’ would be adopted by Central Record-Keeping System (CRA), by integrating their IT system and exit framework with the Fin-tech service providers.

PFDRA issues circular on Central KYC Record Registry.

The Government of India has authorized the Central Registry of Securitization and Asset Reconstruction and Security interest of India (CERSAI) to perform the functions of the Central KYC Records Registry under the PML Rules 2005, …

MSME developments and Access to Global Markets.

The Ministry has implemented International Cooperation Scheme (ICS) facilitating participation of the MSMEs in International Exhibitions, Trade Fairs, Buyer-seller meets, etc. and various other schemes are being implemented by the Ministry to help MSMEs expand …

ESI benefits extended to casual and contractual employees of Municipal Corporations/Council at NCT Delhi

Employees’ State Insurance Act, 1948 to be applicable to the establishments like Municipal Corporations/ Council, established under Central/ State legislation located in the areas in the National Capital Territory of Delhi where Employees’ State Insurance …

ESI coverage for all employees in all the areas of Madurai district

All employees in factories or establishments in all the areas of Madurai district in the State of Tamil Nadu shall be given ESI coverage w.e.f 1st day of August, 2021.

Relaxation on Agriculture Infrastructure and Development Cess

As per the amendment, the Agriculture Infrastructure and Development Cess leviable upon Lentil (Mosur) in excess of 10% is exempted.

Goa government revises Community Dairy Farming Scheme

Any group having minimum 5 members and registered with competent authority (Registrar of Co-operative Society) is eligible. Each member of the group shall be resident of Goa for at least preceding five years, with experience …

Government of Bihar notifies Migrant Labour Accident Grant scheme.

The scheme applies to workers of the unorganized sector working outside the state of Bihar or abroad in the age of 18-65years.

Government takes various initiatives to boost Industrial Manufacturing.

The Government has taken up Fund of Funds for Startups (FFS) Scheme and Startup India Seed Fund Scheme (SISFS) to uplift the startups in the country. The objectives of Fund of Funds scheme include accelerating …

Centre Takes Series of Measures for Promotion of Indian Textile Industry.

The Government has implemented various schemes such as the Amended Technology Upgradation Scheme(ATUF), National Handloom Development Programme(NHDP), National Handicraft Development Programme, Comprehensive Powerloom Cluster Development Scheme, Silk Samagra, SAMARTH- Scheme for Capacity Building in Textiles …

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