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  People Patronize Monpa Handmade Paper of Tawang after PM’s push in Mann ki Baat The sale of the 1000-years old heritage Monpa handmade paper or “Mon Shugu” is quickly catching pace, thanks to its special mention by Prime Minister in his radio program Mann ki Baat. Khadi and Village Industries Commission, which revived this ancient art at Tawang in Arunachal Pradesh on 25th December 2020, has made Monpa Handmade paper available online through its e-portal  www.khadiindia.gov.in .   On the first day of its launch, more than 100 sheets of Monpa Handmade paper were sold. The orders were received from Maharashtra and Uttar Pradesh. The handmade paper, handcrafted by trained local artisans in Tawang, was put to online sale on Sunday (January 31) after the Prime Minister spoke about this ancient art. Monpa Handmade Paper is not only supporting environment protection but has also opened new avenues of income for the local artisans. The handmade paper sheet measuring 24 inch in ...

  MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008 With the object of unleashing the entrepreneurial spirits of our youth and to remove the fear of criminal prosecutions for non- substantive minor and procedural omissions and commissions in the normal course of their business transactions, the Government of India in the Ministry of Corporate Affairs (MCA) decided to initiate the process of decriminalization of compoundable offences under the limited liability partnership (LLP) Act, 2008, for greater ease of doing business for law abiding LLPs. The Government treats Honest and Ethical Corporate entrepreneurs as wealth creators and nation builders. The objective of the De-criminalization exercise is to remove criminality of offences from business laws where no malafide intentions are involved. In furtherance of the said objective, an exercise was undertaken to identify those provisions of the Limited Liability Partnership Act, vio...

  MCA amends One Person Companies (OPCs) rules As a measure which directly benefits Startups & Innovators in the country, especially those who are supplying products & services on e-commerce platforms, and in order to bring in more unincorporated businesses into the organized corporate sector, the incorporation of One Person Companies (OPCs) is being incentivized by amending the Companies (Incorporation) Rules to allow OPCs to grow without any restrictions on paid up capital and turnover, allowing their conversion into any other type of company at any time, reducing the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow Non-Resident Indians (NRIs) to incorporate OPCs in India. In addition, the fast track process for mergers under the Companies Act, 2013 has also been now extended to also include mergers of Startups with other Startups and with Small companies, so that the process of mergers & amalgamations is completed faster...

  Improvement in Ranking of States The Department for Promotion of Industry and Internal Trade (DPIIT) has released the rankings of States and Union Territories (UTs) under State Reform Action Plan (SRAP), 2019 on 05.09.2020. The Action Plan included 187 reform points covering 12 business regulatory areas, viz., Access to Information & Transparency Enablers, Labour Regulation-Enablers, Construction Permit Enablers, Single Window System, Sector Specific, Inspection Enablers, Paying Taxes, Environment Registration Enablers, Obtaining Utility Permits, Land Administration/Transfer of Property, Contract Enforcement and Land Availability and Allotment. The top States as per the assessment under SRAP, 2019 are tabulated below:- Sl. No. Name of States/UT Rank under SRAP, 2019 1 Andhra Pradesh 1 2 Uttar Pradesh 2 3 Telangana 3 4 Madhya Pradesh 4 5 Jharkhand 5 6 Chhattisgarh 6 7 Himachal Pradesh 7 8 Rajasthan 8 9 West Bengal 9 10 Gujarat 10   It is noted that some States/UTs have im...

  Joint Maritime Exercise Indian Navy conducts/participates in bilateral/multilateral maritime exercises and coordinated patrols (CORPATS) with friendly foreign countries on a regular basis. The aim and objective of these exercises include providing operational exposure to our Naval forces, enhance interoperability and undertake  mutual exchange of best practices, special operations tactics and to develop cooperation among the armed forces of participating nations etc.  In this  process the current tactical and technological practices/techniques etc., are exchanged during such exercises.   The expenditure incurred varies on the magnitude of our participation and assets deployed during such exercises and are met almost entirely from the budget of the Indian Navy.  Our Navy is represented by various units/troops in such exercises which are decided based on the nature and requirement of specific exercise.   The details of Joint Maritime Exercises conducte...

  PM Aatma Nirbhar Swasth Bharat Yojana   Acknowledging the importance of robust health systems as a significant pillar of sustained progress in the health sector, a  new centrally sponsored scheme, PM Aatma Nirbhar Swasth Bharat Yojana,  will be launched with an outlay of about Rs 64,180 crore over 6 years. This will develop capacities of primary, secondary, and tertiary care Health Systems, strengthen existing national institutions, and create new institutions, to cater to detection and cure of new and emerging diseases. This will be in addition to the National Health Mission.     The main interventions under the Scheme are :   Support for 17,788 rural and 11,024 urban Health and Wellness Centers Setting up integrated public health labs in all districts and 3382 block public health units in 11 states; Establishing critical care hospital blocks in 602 districts and 12 central institutions; Strengthening of the National Centre for Disease Control (NCDC...

Policy of Strategic Disinvestment announced; Clear Roadmap for Strategic and Non-Strategic Sectors The government aims at making use of disinvestment proceeds to finance various social sector and developmental programmes and also to infuse private capital, technology and best management practices in Central Government Public Sector Enterprises. Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget FY 2021-22 in Parliament today announced that government has  approved  a  policy  of  strategic disinvestment  of public sector enterprises that will provide a  clear roadmap  for  disinvestment  in all  non-strategic  and  strategic  sectors.   Policy on Strategic Disinvestment Fulfilling the governments’ commitment under the AtmaNirbhar Package of coming up with a policy of  strategic disinvestment of public sector enterprises , the Minister highlighted the ...