| 20-MARCH-2012 |
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Strategy to Double Trade with USA
The Department of Commerce has prepared a Strategy Paper for doubling India’s merchandise exports over the period 2011-12 to 2013-14 from US $ 246 billion in 2010-11 to US $ 500 billion in 2013-14. The paper is available on the Department’s website (www.commerce.nic.in). Set Up of Textile Industry by Farmers
In order to boost modernization and technology upgradation, Government has launched the Technology Upgradation Fund Scheme and the Scheme for Integrated Textile Parks with a total allocation of Rs.15404 crore and Rs. 1419 crore respectively in the 11th Five Year Plan. Amendment to Apprentice Act, 1961The following amendments are under consideration of the Government. (i) Implementation of apprenticeship training scheme in those organisations which are operating business/trade in more than four States, will rest with Central Government. (ii) Employers who are ‘proven’ willful defaulters of serious violations be subject to imprisonment. Penalty should be provided for in cases of minor violations. (iii) Change in the definition of ‘worker’. (iv) Preference would be given in the employment to those apprentices who have been trained by a particular industry when job opportunities open up in that particular industry or firm. Inter ministerial consultation has been completed and proposal is being sent to cabinet secretariat for consideration. Eradication of Child Labour
Certain amendments to Child Labour (Prohibition & Regulation) Act, including the proposal to ban all form of child labour upto the age of 14 years are under consideration of the Government. Minimum Monthly Pension
The Pension Implementation Committee, a sub committee of the Central Board of Trustees, Employees’ Provident Fund [CBT (EPF)], has recommended that the minimum monthly pension under EPS, 1995 be increased to Rs. 1000/- per month as an interim measure. The issue was placed for consideration of the CBT(EPF) in its 198th meeting held on 22.02.2012 wherein the Board decided to defer the discussion. Skill Development MissionGovernment launched a National Skill Development Mission in the Eleventh Five Year Plan with a following three tier structure: (i)Prime Minister’s National Council on Skill Development under the chairmanship of Hon’ble Prime Minister, for policy direction and review of skill development efforts in the country. (ii) National Skill Development Coordination Board (NSDCB) under the chairmanship of Deputy Chairman Planning Commission to enumerate strategies to implement the decisions of PM’s council. (iii) National Skill Development Corporation (NSDC), a not- for-profit company under the Companies Act, 1956. The corporation is being funded by the trust “National Skill Development Fund” to which the Government has contributed a sum of Rs.1495.10 crore. So far, four meetings of the PM’s Council have been held to review the skill development efforts under the mission Seven meetings of the NSDCB have been held in which reports of following 5 working Groups set up by the Planning Commission on various aspects of skill development have been discussed and various other decisions taken:
Till 29th February, 2012 NSDC has approved 52 proposals involving a total financial commitment of about Rs. 1214 crore. Out of this, Rs. 179.36 crore have been disbursed. Number of persons actually trained so far is 104712. The composition of the PM’s National Skill Development Council is given at Annex and functions are as under : i. Lay down overall broad Policy objectives, strategies, financing and governance models to promote skill development ; ii. Review progress of activities relating to skill development periodically and provide mid-course corrections, including changes in part or whole of current schemes under implementation; iii. Orchestrate Public Sector/Private Sector initiatives in a framework of a collaborative action Following major decisions have been taken by the council for developing skills among India’s youth and for labourers in various parts of the country: i) Formulation of vision, strategy and core operating principles to guide the action for creating 500 million skilled persons by year 2022. ii) Clearance of the National Policy on Skill Development which provides a road map for Skill development efforts in the country. All the major schemes of Skill Development are implemented through active participation of respective Departments of State Governments. Non- Governmental Organisations (NGOs) are also being involved to run skill development programmes of Government Departments / Ministries. State–wise status of skill requirement and availability in major sectors is not available. However,National Policy on Skill Development has indicated requirement of 81-83 million skilled workforce by 2015 in sectors namely Auto, Construction, Retail, Healthcare, Banking & Financial services, Creative Industry and Logistics. Policy has also indicated incremental human resource requirement till 2022 as 300 million in sectors, namely, Mines and Minerals, construction, Engineering, Banking and Finance, Drugs and Pharma, Biotech, Healthcare, Textiles, IT and ITIs, Tourism, Agro and Food Processing, Paper and Chemical & Fertilizers. This information was given by Minister of Labour and Employment Shri Mallikarjun Kharge in reply in reply to a written question regarding the details and status of the Skill Development Mission undertaken by the Government during the Eleventh Plan alongwith the amount spent on this Mission so far; whether the Government has formed a National Skill Development Council to form core strategies for developing skills among India’s youth and for labourers in various parts of the country; if so, the details of the council thereof alongwith the different strategies of the council with regard to train such people; the involvement of State Government and Non-Governmental Organisations (NGOs) in such programme; and the present State–wise status of skill requirement and availability in major sectors? MGNREGS under RSBYThe Rashtriya Swasthya Bima Yojana (RSBY), providing for smart card based cashless health insurance cover of Rs. 30000/- per annum per family ( a unit of five) to BPL families in the unorganized sector, has been extended to such Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) beneficiaries who have worked more than 15 days during the preceding financial year. 67 KVKs to be Set Up During 12th Plan
The Government proposes to set up 67 new Krishi Vigyan Kendras (KVKs) in different States and Union Territories during 12th Plan. Generation of Solar Power
The total installed capacity of grid connected solar power in the country is reported to be 503.9 MW so far. The capacity addition during years 2009-10, 2010-11 and 2011-12 is 8.1 MW, 25.1 MW and 468.3 MW, respectively. Carbon Emission NormsThe European Union (EU) has included emissions from international civil aviation in their emissions trading scheme with effect from January 1, 2012, following which all airlines including Indian Airlines, flying into and out of EU will be subject to a limit on emissions and will have to buy emissions permits up to a certain limit. The Minister of State (I/C) of Environment and Forests Smt. Jayanthi Natarajan replied this to a question in Lok Sabha today. She added that exemption under the scheme arepermitted only for those foreign airlines that operate at a frequency of two flights per week or less. The EU measure is likely to result, on a conservative estimate, in an additional cost to an extent of Euros 6-8 per passenger for a flight from India to Europe and vice versa. The Minister informed the House that India considers the step taken by EU as a unilateral measure and in violation of the Chicago Convention and the provisions of United Nations Framework Convention on Climate Change (UNFCCC). The Government has expressed its serious concerns to the European Union on this unilateral measure both at multilateral and bilateral level. India is a party to the joint declarations issued in Delhi and Moscow by a group of like-minded member states of International Civil Aviation Organization (ICAO) that are opposed to the EU’s decision. The Minister revealed that the joint declaration issued in Moscow suggests a basket of measures that may be taken by the concerned country against EU measures. The basket of measures includes invoking dispute resolution mechanism under the Chicago Convention, prohibiting the airlines from participating in the EU’s scheme, submission of data/flight details and reviewing the bilateral air services agreements. Rehabilitation of Asiatic LionsThe Kuno-Palpur sanctuary is found to be the most suitable site for relocation of Asiatic Lions from Gir forests, Gujarat. The Minister of State (I/C) for Environment & Forests Smt.Jayanthi Natarajan stated in Lok sabha today that wildlife Institute of India carried out a survey for identifying potential sites for relocation of Asiatic lions to alternative areas outsideGir, Gujarat. Three sites, namely Darrah Wildlife Sanctuary, JawaharSagar Sanctuary, and Sitamata Wildlife Sanctuary in Rajasthan and Kuno-Palpur Sanctuary in Madhya Pradesh were identified for lion introduction. Out of these four, Kuno-Palpur Sanctuary was found to be the most suitable site on account of its area, shape and vegetation. In its report submitted in 1995, the Wildlife Institute of India recommended the following actions to be taken up before relocating lions to the area: (i) Complete acceptance of the proposal for lion relocation by the concerned State Governments, as well as the Central Government; (ii) Initiating an awareness and eco-development scheme in the Kuno-Palpur area to elicit support and participation of location community to the relocation of lions; (iii) Establishment of the Kuno National Park over an area of approximately 700 sq. km. involving translocation of all human settlements from the National Park area and stoppage of livestock grazing therein; (iv) Establishing a special team of adequately trained forest department personnel to implement the scheme and to ensure adequate protection to the area; (v) Undertaking habitat improvement measures including weed removal, and enhancing the availability and distribution of water; (vi) Augmentation of the resident wild ungulate population by additional release of chital and nilgai to build up an adequate prey base for the reintroduced lions. Smt. Natarajan added that The Ministry of Environment and Forests has so far released an amount of Rs. 1545.00 lakh to the State Government of Madhya Pradesh for rehabilitation of 1545 families from the Kuno-Palpur Sanctuary. An amount of Rs. 168.435 lakhs has been released during the last three years to the State Government of Madhya Pradesh to take up various measures for improvement of habitat and management of the Sanctuary. The Minister however clarified that no specific time limit has been fixed for the relocation of lions. “Evolve Own Strategy for Self Reliance”
The Defence Minister Shri AK Antony has called upon the DRDO to take a relook at the goal of self-reliance in a globalized economy. Defence Production PolicyThe government has formulated a new Defence Production Policy in order to reduce dependence on the import of defence equipments from other countries. The Defence Production Policy came into effect from 1st January 2011. The policy endeavours to build up a robust indigenous defence industrial base by proactively encouraging larger involvement of the Indian private sector in design, development and manufacture of defence equipment. The modernization programmes are under implementation in DPSUs&OFB. In regard to restructuring of DRDO, the two review committees headed by Prof. P. Rama Rao and Defence Secretary respectively had submitted their recommendations. The following recommendations have been accepted by Government:- (i) Formation of Defence Technology Commission (DTC). (ii) Restructuring of DRDO Management/Re-shaping of R&DHeadquarters. (iii) Administrative decentralization of DRDO. (iv) Financial decentralisation. (v) Revamping of HR structure. (vi) Creation of a Commercial Arm of DRDO. (vii) Continuation of major ongoing programmes. (viii) Selection of Industry Partner. DRDO has initiated the process of implementation of the above recommendations. While DPP-2011 aims to achieve greater self-reliance in comingyears in continuous manner, no target can be fixed in this regard. This information was given by Minister of Defence Shri AK Antony in a written reply to Shri DharmendraYadavand others in Lok Sabha today. Purchase of Trainer AircraftConsequent upon the grounding of HPT-32 aircraft due to flight safety concerns and shifting of basic flying training to Kiran Mk-I/IA aircraft, the syllabus for basic flying training has been reduced, keeping the available resources in mind. However, flying hours have been increased in other stages of flying to ensure wholesome training. Acquisition of Fleet TankerIndian Navy awarded a contract for acquisition of a fleet tanker to foreign shipyard.Steel offered by the shipyard, M/s Fincantieri, in response to Request for Proposal (RFP) for construction of Fleet Tanker, was technically evaluated by a Technical Evaluation Committee (TEC). Based on technical clarifications offered by the shipyard, which were ratified by two classification societies, the steel offered by the shipyard was accepted by the TEC for the stated purpose. Submarine Fleet of NavyThe existing submarine fleet is being constantly upgraded with modern weapons and sensors which has ensured that the underwater combat capacity of the country remains at the desired levels. Piracy in International Waters
No pact has been signed between India and China to tackle piracy. However, India, China and Japan have recently agreed for better coordination amongst their Naval ships deployed for escort of Merchant ships in the Gulf of Aden Status of Border Roads
Border Roads Organisation (BRO) has been entrusted with construction/improvement of 499 roads under various schemes with different time frames of completion; Long Terms Perspective Plan-II's schedule of completion is 2022. Lack of air effort by helicopter for mobilization of resources, delay in forest/wild life clearance, restricted working period and adverse ground conditions are the major factors that affected improvement of infrastructure in border areas. Military Base in LakshadweepEstablishment and/or augmentation of military base in Union Territory of Lakshadweep is based on analysis and assessment of the threat perception to coastal security and merchant shipping, as well as requirement from strategic perspective. This is an ongoing and continuous process. Presently a naval detachment is operational at Kavarathi Island. Salary to TraineesThe cadets undergoing their pre-commission training at the various training academies get a fixed stipend of Rs.21,000 per month for the last one year of training before commissioning. This stipend is converted to pay for all purposes on successful completion of training and the arrears of the allowances admissible are paid. The VI Central Pay Commission did not agree to the Services' demand to grant provisional commission in the last year of training with full pay and allowances and all attendant benefits of the commissioned rank as successful completion of pre-commissiontraining is a pre-requisite for the grant of commission in the Defence Forces. Water Level of Siang River
Central Water Commission maintains river water level and discharge data at Tuting in Upper Siang District near border to Tibet Autonomous Region, China. Based on the available river data, it is stated that there is no fall in Siang River flows near the point of entry of river Siang in India. Rivers Interlinking ProjectThe Ministry of Water Resources (MoWR) (erstwhile Ministry of Irrigation) had formulated a National Perspective Plan (NPP) for Water Resources Development as early as 1980 envisaging inter-basin transfer of water from surplus basins to deficit basins/areas which comprises two components, namely, Himalayan Rivers Development Component and Peninsular Rivers Development Component. The National Water Development Agency (NWDA) was set up under the Ministry of Irrigation in 1982 for carrying out various technical studies to establish the feasibility of the proposals of NPP and to give concrete shape to it. NWDA has already identified 14 links under Himalayan Component and 16 links under Peninsular Rivers Component. Out of these, Feasibility Reports of 14 links under Peninsular Component and 2 links under Himalayan Component (Indian portion) has been prepared. The present status of links identified for preparation of Feasibility Reports is given at Five Peninsular links namely (i) Ken – Betwa, (ii) Parbati – Kalisindh – Chambal, (iii) Damanganga – Pinjal, (iv) Par – Tapi – Narmada & (v) Godavari (Polavaram) - Krishna (Vijayawada) have been identified as priority links for taking up their Detailed Project Reports (DPRs). DPR of one priority link namely Ken-Betwa has been completed and was communicated to the party states. Modifications of the proposals and final Detailed Project Report preparation have been taken up by NWDA in light of observations of the concerned states. The Ken-Betwa link project has been included in the scheme of National Projects. The NWDA has received 36 proposals of intra-state links from 7 States viz. Maharashtra, Gujarat, Jharkhand, Orissa, Bihar, Rajasthan and Tamil Nadu. Out of these, Pre-Feasibility Reports (PFRs) of 20 intra-state links have been completed by NWDA. The details of intra-state link proposals received from the State Governments along with their status and target for completion of their PFRs is given at Annexure-II. This information was given by the Minister of State for Water Resources & Minority Affairs Shri Vincent H. Pala in a written reply to a question in Rajya Sabha today pertaining to river interlinking projects. He said the certified copy of the recent direction of the Supreme Court on the subject has so far not been received in the Ministry of Water Resources.
ANNEXURE-I STATUS OF WATER TRANSFER LINKS IDENTIFIED FOR PREPARATION OF FEASIBILITY REPORTS (FR) BY NWDA Peninsular Rivers Development Component 1. Mahanadi (Manibhadra) - Godavari (Dowlaiswaram) link - FR completed 2. Godavari (Polavaram) - Krishna (Vijayawada) link * - FR completed (Taken by the state as per their own proposal) 3. Godavari (Inchampalli) - Krishna ( Pulichintala) link - FR completed 4. Godavari (Inchampalli ) - Krishna (Nagarjunasagar) link - FR completed 5. Krishna (Nagarjunasagar) - Pennar (Somasila ) link - FR completed 6. Krishna (Srisailam) - Pennar link - FR completed 7. Krishna (Almatti) - Pennar link - FR completed 8. Pennar (Somasila) - Cauvery (Grand Anicut) link - FR completed 9. Cauvery (Kattalai) – Vaigai – Gundar link - FR completed 10. Parbati – Kalisindh – Chambal link* - FR completed 11. Damanganga – Pinjal link* - FR completed & DPR started 12. Par – Tapi – Narmada link* - FR completed & DPR started 13. Ken – Betwa link* - DPR (Phase-I) Completed 14. Pamba – Achankovil – Vaippar link - FR completed. 15. Netravati - Hemavati Link - PFR completed 16. Bedti - Varda link - FR work taken up Himalayan Rivers Development Component 1. Kosi-Mechi link - Entirely lies in Nepal 2. Kosi-Ghaghra link - S&I works taken up 3. Gandak-Ganga link - S&I works completed 4. Ghaghra-Yamuna link - FR completed (for Indian portion) 5. Sarda-Yamuna link - FR completed (for Indian portion) 6. Yamuna-Rajasthan link - S&I works completed 7. Rajasthan-Sabarmati link - S&I works completed 8. Chunar(at Ganga)-Sone Barrage link - S&I works completed 9. Sone Dam - Southern Tributaries of Ganga link - S&I works taken up 10. Manas-Sankosh-Tista-Ganga (M-S-T-G) link - S&I works taken up 11. Jogighopa(at Brahmaputra) -Tista-Ganga at Farakka (Alternate to M-S-T-G) link - S&I works taken up 12. Ganga (Farakka)-Sunderbans link - S&I works completed 13. Ganga-Damodar -Subernarekha link - S&I works completed 14. Subernarekha -Mahanadi link - S&I works completed * Priority links PFR- Pre-Feasibility Report; FR- Feasibility Report; DPR- Detailed Project Report S&I - Survey & Investigation in Indian portion ANNEXURE-II STATUS OF INTRA-STATE LINK PROPOSALS RECEIVED FROM THE STATE GOVERNMENT
* Targets being fixed in consultations with concerned states. @ PFR prepared and sent to the State governments for comments Rajiv Gandhi National Quality Awards, 2010 Announced
The Ministry of Consumer Affairs, Food and Public Distribution has announced the annual awards and commendation certificates for the seventeenth prestigious Rajiv Gandhi National Quality Awards for the year 2010. Public Sector Units to be at par with PrivateSector Companies in Grant of Mineral ConcessionsThe High Level Committee constituted by the Planning Commission has recommended that PSUs of the Central and State Governments be treated at par with private sector companies in grant of mineral concessions, and reservation provisions for PSUs for exploration and mining should be modified so as to limit the scope of such reservation to meet the requirements of Small and Medium Enterprises (SMEs) for raw material. The Government has introduced a draft Mines and Minerals (Development and Regulation) Bill 2011 in Lok Sabha on 12th December 2011, presently referred to the Standing committee on Coal and Steel, which provides for reservation of mineral bearing areas for purpose of conservation, and giving weightage in grant of prospecting licence or mining lease in notified area to such applicants who have committed ore linkage through long term agreements with domestic industry (including SMEs). National Tribal Awards, 2011-12 Announced
Smt. M.C. Mary Kom from Manipur will be conferred the National Tribal Awards, 2011-12 as the Best Janjatiya Achiever for outstanding achievement in the field of sports and Shri Guru Rewben Mashangva from Manipur for outstanding contribution in the field of tribal art and culture in category-A. Smt. Binny Yanaga (Maya) would be awarded for Exemplary Community Service rendered to the Scheduled Tribes in category-B. Agreement Between India and Tunisia
A Cooperation Agreement in the field of small and medium-sized enterprises was signed on February 2, 2007 in Tunis (Tunisia) between the Governments of the Republic of Tunisia and India for promoting cooperation in the field of MSME. As per Article-5 of the Agreement, a Joint Committee from the Indian side has been constituted and communicated to Tunisia through Ministry of External Affairs. The composition of the Joint Committee from Indian side is:-
The Ministry of MSME has not received any formal composition of the Joint Committee from Tunisia. However, representative from the Tunisian Ministry of Industry, Energy and SMEs and representative from Industry Promotion Agency (API) along with others have attended the 1st and 2nd meeting of Joint Committee held so far as per Article-6 of the said Agreement. 1st Joint Committee Meeting (JCM) was held on April 8, 2008 in New Delhi and 2nd Joint Committee Meeting (JCM) was held during September 30, 2009 and October 1, 2009 in Tunisia. Tunisian side designated their Director General of Tunisian Ministry of Industry, Energy and SMEs as Tunisian focal point and head of the Tunisian party in the mentioned Committee.
Welfare Schemes for Women in MSMEs
The Ministry of Micro, Small and Medium Enterprises (MSME) has been implementing a number of schemes in the country, including in Andhra Pradesh, through Khadi and Village Industries Commission (KVIC) and Coir Board for the holistic development of the khadi and village industries and coir sectors and for persons engaged therein, including women. Women are covered in all schemes. However, special dispensation is provided for women under the Prime Minister’s Employment Generation Programme (PMEGP), which is a credit linked subsidy programme for providing assistance including margin money subsidy to unemployed persons for setting up micro-enterprises in the non-farm sector. For general category the margin money subsidy is 25% and 15% in rural and urban areas respectively, but for women (and others in the special category) this is 35% and 25% respectively. Also, the beneficiary’s contribution is 10% for general category, but for women (and others in the special category) this is 5%. In the coir sector, the Mahila Coir Yojana, wherein motorized ratts are provided at 75% of the cost, is meant exclusively for women. Expansion of Micro and Small Industries
The Prime Minister’s Employment Generation Programme (PMEGP) is a major credit-linked subsidy programme being implemented by the Ministry of MSME aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector. The number of units assisted per year under PMEGP has increased from 25,507 units in 2008-09 to 1,53,277 units in 2011-12 (as on 29 February 2012). Electricity for All
The Government of India launched ‘Rajiv Gandhi Grameen Vidyutikaran Yojana – Programme for creation of Rural Electricity Infrastructure & Household Electrification, in April 2005 envisaging providing access to electricity to rural households. So far, 576 projects covering electrification of 1.10 lakh un/de-electrified villages, intensive electrification of 3.49 lakh partially electrified villages and providing free electricity service connections to 2.31 crore BPL households have been sanctioned under RGGVY. Cumulatively, as on 29.02.2012, the electrification works in 1.03 lakh un/de-electrified villages, intensive electrification of 2.44 lakh partially electrified villages have been completed and more than 1.86 crore electricity service connections to BPL households have been released in the country under RGGVY. The State-wise targets and achievement for the sanctioned projects under RGGVY, is at Annex. The Bharat Nirman targets i.e. electrification of 1 lakh villages and 1.75 crore BPL households by March, 2012 set under RGGVY have been achieved. MoUs With Kerala, Mizoram, Sikkim and LakshadweepSigned Under the Indian Statistical Strengthening Project
New Schemes of the Ministry of MinorityAffairs in the 12th Five Year Plan
Based on the recommendations of the National Advisory Council (NAC) the Ministry of Minority Affairs has proposed to implement the following new schemes in the 12th Five Year Plan towards inclusive development to empower the minorities: (i) Interest subsidy on educational loans for overseas studies scheme for the students belonging to minority communities with the objective of providing financial assistance by way of extending interest subsidy on education loans to students of minority communities for pursuing higher studies abroad; (ii) Free bicycle for Girl Students of Class IX with the objective of retention of minority girl students from Class IX onwards; (iii) Support for students clearing Prelims Conducted by UPSC/SSC, State Public Service Commission (PSC) etc. with the objective to support candidates from the minority communities who qualify at the preliminary Examinations conducted by Union Public Service Commission (UPSC), Staff Selection Commission (SSC), State Public Service Commissions (PSCs) etc. to improve their representation in government services; (iv) Scheme for promotion of education in 100 minority concentration towns/cities having substantial minority population, for empowering the minorities. This would be in the form of providing infrastructure for various levels of schools, including teaching aids and also for up-gradation and construction of infrastructure for skill and vocational education along with hostel facility; (v) Village development programme for villages not covered by minority concentration blocks (MCBs)/ minority concentration districts(MCDs) to address the development needs for 1000 villages inhabited by minority communities but falling outside the selected minority concentration districts. The main objective of the scheme is to provide infrastructure for socio-economic development and basic amenities; (vi) Support to Districts Level institution in MCDs to give financial support for setting up and running district level institutions for minority welfare in Minority Concentration Districts; and (vii) Skill Development Initiatives to enhance employment and livelihood skills of minorities by providing skills and skills up-gradation to the minority communities.
Earlier, the National Advisory Council had submitted its report titled “Towards Inclusive Development to Empower Minorities” with the following major recommendations: (i) For implementation of the Multi sectoral Development Programme (MsDP) and Prime Minister’s New 15 Point Programme, rural and urban areas with a high concentration of minorities should be the Unit of Planning with focus on access to basic services such as ICDS services, clean drinking water, individual sanitation, sewerage and drainage; (ii) Formal engagement of non- governmental organizations (NGOs) in all the Minority Concentration Districts for monitoring and mandatory social audits; (iii) Substantially enhancing allocation for MsDP in 12th Plan; (iv) Revision of MsDP guidelines to ensure that need based proposals have synergy with the 15- Point Programme rather than duplication; (v) Establishment of a credible data bank on an urgent basis for operationalisation of the Assessment and Monitoring Agency; (vi) Expansion of the 15 Point Programme to include schemes such as small and medium industries, youth affairs, agriculture; (vii) Scholarships Schemes: a) Make the Pre-Matric scholarships a 100% Centrally Sponsored Scheme ; b) Make the Pre- matric and Post- matric scholarship Schemes demand – driven and universal schemes; c) Increase the scholarship amount for Post- Matric scholarships with rationalized and differing scholarship structure for different categories (10+2, Basic Degree Courses, Professional Degree Courses); d) Increase amount and number of Merit-cum- means and Maulana Azad National Fellowships; e) Ensure a radical simplification of procedures at all levels to make schemes accessible to those who need them most; and (viii) Establish residential social welfare hostels for minority children from class VI to XII and residential schools in minorities blocks and towns/cities. CCI highlights the competitionissues in public procurementUnder the competition advocacy initiatives, the Competition Commission of India has been organizing meetings, seminars, workshops etc. with the various stake holders to spread awareness about the Competition Law and the Commission. Setting Up of NCLT and NCLAT
The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Provisions have been incorporated in the Companies Bill, 2011 which has been introduced in the Lok Sabha on 14.12.2011. Blacklisted Companies
As per general circular No. 33/2011 dated 01/06/2011, the Government has marked 1,55,394 companies as “Defaulting Companies” for failure to file Balance Sheet or Annual Return for any of the financial years, 2006-07, 2007-08, 2008-09 and 2009-10 with the Registrar of Companies as required under Section 220 and/or Section 159 of the Companies Act, 1956. In order to ensure Corporate Governance and proper compliances of provisions of Companies Act, 1956, these companies are not allowed to file certain event based document with the Registrar of Companies. Delay in Implementation of IFRS
Keeping in view the consultation held with various stakeholders on certain issues including tax related issues, it was decided to implement convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) in a phased manner to ease the process for all the stakeholders. Corporate Houses Found Involved in VariousScams During the Last Three Years
Corporate Houses found to have prima facie violated provisions of the Indian Penal Code can be regarded as being ‘involved in scams’. As per investigation reports received in the Ministry, 21 Companies fall in this category. List of such companies against whom prosecutions have been sanctioned under the provisions of Indian Penal Code is placed at Annexure ‘A’.
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