Following the Department Notification No. 425/(LC-IR)/22015(17)/6/2018 dated April 22, 2022, the Governor has chosen to extend the “Financial Assistance to the Workers in Locked-Out Industrial Units (FAWLOI)” scheme, with amendments, for an additional one-year period. This extension will be effective from April 1, 2024, to March 31, 2025, aiming to provide continued support to workers affected by industrial lockouts. This notification was published on April 18, 2024.
Guidelines on Hedging Through Equity Derivatives
Before taking exposure to equity derivatives, insurers are advised to put in place Board approved Hedging Policy; Internal Risk Management Policies and Processes; Information Technology