The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019. This would benefit 3.6 crore employees and 12.85 lakh […]
Category: Business
Japan to invest Rs 13,000 cr in Northeast
The Government of Japan has decided to invest an amount of 205.784 billion Yen, equivalent to approximately Rs.13,000 crore, in several ongoing as well as new projects in different states of India’s Northeast. This was disclosed after a meeting which the DoNER Minister Dr Jitendra Singh had with the Japanese delegation led by Ambassador Kenji […]
NITI Aayog gets reconstituted, check out the members
Government has reconstituted NITI Aayog. Prime Minister Narendra Modi has approved the re-constitution of National Institution for Transforming India (NITI) Aayog as follows: Chairperson NITI Aayog Prime Minister Vice-Chairperson NITI Aayog Dr. Rajiv Kumar Full-Time Members (i) V.K. Saraswat (ii) Prof. Ramesh Chand (iii) Dr. V.K. Paul Ex-officio Members (i) Raj Nath Singh, Minister of Defence […]
Fee waived off for SC/ST candidates joining vocational training under Jan Shikshan Sansthans
Fee for SC/ST candidates, who join vocational training under Jan Shikshan Sansthans (JSS), operating under the aegis of Ministry of Skill Development and Entrepreneurship, has been waived off. This was decided in the first review meeting held by Union Minister for Skill Development and EntrepreneurshipDr. Mahendra Nath Pandey with senior officials of the Ministry here […]
6th India-China Dialogue on Disarmament and Non-Proliferation
Within the framework of regular bilateral exchanges between India and China, the 6th round of India-China Bilateral Dialogue on Disarmament and Non-Proliferation was held in New Delhi at the Ministry of External Affairs on 03.06.2019. The information of the Dialogue was released by the Indian Government a while back on June 3rd, 2019. The Indian […]
Withdrawal of GSP benefits by US: Modi govt says India will ‘always’ uphold national interest
The newly elected Narendra Modi government is not letting the withdrawal of India’s GSP benefits by the USA to pull it down one bit. In a press statement, the Modi government said that the United States of America has w.e.f. 5 June 2019 withdrawn India’s GSP benefits. It further states that these are ‘unilateral, non-reciprocal […]
NSIC signs MOU with Ministry of MSME
The National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MOU) with Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2019-20. The MOU was signed by Ram Mohan Mishra, AS & DC(MSME) and CMD (NSIC) with Dr. Arun Kumar Panda, Secretary, MSME, in the presence of Alka Nangia Arora, Joint […]
Nirav Modi and Vijay Mallya may be brought to India sooner than we thought
The weekly briefing done by the Ministry of External Affairs’ official spokesperson on May 2, 2019, was a lively one and also bad news for Nirav Modi. When the reporters sought answers on the extradition of Nirav Modi, the answer was rather precise. MEA official spokesperson told reporters that: “I think I have something. In […]
Space Warfare and Technology becomes part of officer training
Directorate of Indian Defence University (IDU) is organizing a two day workshop on Space Warfare and Technology for senior and middle-level officers from the three Services on 02-03 May 19 at the Purple Bay, India Gate Circle, New Delhi. The workshop intends to cover Weaponisation and Militarisation of Space, preparation for Absorption of High-End Technology […]
All modules getting ready for Chandrayaan-2 launch
Chandrayaan-2, India’s second lunar mission, has three modules namely Orbiter, Lander (Vikram) & Rover (Pragyan). The Orbiter and Lander modules will be interfaced mechanically and stacked together as an integrated module and accommodated inside the GSLV MK-III launch vehicle. The Rover is housed inside the Lander. After launch into earth bound orbit by GSLV MK-III, […]