Just days after signing an MoU with Great Wall Motor, the Maharashtra government is reportedly trying to stall the proposed $500mn investment by the company in the state due to the growing anti-China sentiment in the country. The recent development comes in the wake of a deadly border clash between soldiers of India and China.…
Category: Government & PSU
NABARD appoints G R Chintala as Chairman
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•The National Bank for Agriculture and Rural Development (NABARD) recently announced that it has appointed G R Chintala to the position of Chairman. The apex agri-finance institution on Wednesday announced that Chintala will replace H K Bhanwala. Bhanwala had been heading the organisation for more than six years. Prior to his appointment, Chintala was the…
Lockdown 4.0: Domestic flights to resume in a ‘calibrated’ manner from 25 May
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•The airline industry in India has been severely affected with many companies even eyeing for bankruptcy due the government imposed travel restrictions. Airline companies for the past 50 days have resorted to tough measures like layoffs and pay cuts to tide over the crisis. They have been, for long, asking the government to resume flight…
Lockdown 4.0: E-commerce firms resumes deliveries in red zones
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•The Government of India recently announced the fourth phase of nationwide lockdown but with some relief to businesses. E-commerce companies who were only delivering essential products until now, are finally allowed to deliver all products in the red zones. As per the new guidelines issued on May 17 for the third extension of the lockdown,…
Lockdown 4.0: Flight operations in India likely to resume, AAI issues guidelines
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•As the country prepares to enter the fourth phase of the lockdown, there are predictions that the government might resume domestic air travel. The predictions were made after Prime Minister Narendra Modi addressed the nation and said that the fourth lockdown will be different from the previous ones. Giving a hint that the air travel…
Haryana govt announces relaxation for Industries from April 30
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•As the second phase of coronavirus lockdown is coming to its end, various state governments have been allowed by the central government to allow the opening of industries and offices for resuming businesses. However, the Ministry of Home Affair has released a set of instruction for such organizations to follow. Recently, Haryana Chief Minister Manohar…
Gurugram administration restricts cross-border movement after May 1 with additional guidelines
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•As the second phase of lockdown is nearing an end, companies in Gurugram were hoping for business operations to resume. The government had earlier notified that companies can open office spaces for employees but in a staggered manner and in sync with the government advisories. But with the rising number of coronavirus cases in India…
DoT extends relaxation of VPN norms till July 31 to facilitate work-from-home
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•The Government of India recently announced that it has extended the relaxation of VPN norms till the end of July enabling employees in the IT sector to continue working from home as the nation fights the coronavirus pandemic. The recent decision was communicated by the Union Minister for Information Technology and Telecommunication Ravi Shankar Prasad…
Mumbai Police asks cops over 55 years to stay at home
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•After three Mumbai Police personnel above 50 years of age died due to contracting the SARS-CoV-2 virus, Mumbai Police has asked their personnel aged 55 years and above to go on leave. The SARS-CoV-2 virus is responsible for causing the COVID-19 disease. So far the virus has infected about 107 police personnel, including 20 officers…
After Center, State governments freeze new DA rates
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•Days after the Central government announced its decision to freeze the implementation of revised rates of Dearness Allowance (DA) of central government employees and Dearness Relief (DR) to pensioners for the installments due between 1st Jan 2020 and 1st July 2021, state governments have also started to follow the suit. Citing the severe fiscal crisis…
Government freezes new rates of DA – Dearness Allowance for central government employees
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•In wake of Covid-19 pandemic and the need to increase spending on health and welfare measures, the Government has decided to freeze the implementation of revised rates of dearness allowance (DA) of central government employees and dearness relief(DR) to pensioners for the installments due between 1st Jan 2020 and 1st July 2021. The DA / DR would continue to be paid at existing rates.
Govt of India seeks indigenous video conferencing platform due to privacy concerns
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•As the novel coronavirus pandemic led to the world’s largest work-from-home experiment, video conferencing apps like Zoom and Google Meet saw a sudden rise in their user database. Organizations around the world are now moving ahead with their daily tasks via video conferencing through these apps. But their usage has also drawn severe criticism from…
Govt of India waives off 4 months rental for IT companies based in STPI
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•In view of the challenges thrown by COVID19 outbreak and consequent lockdown, the Government of India recently took a major decision to provide relief from payment of rental to the small IT units operating out of the Software Technology Parks of India (STPI). Most of these units are either Tech MSMEs or startups. The Ministry…
Government extends timelines for performance appraisal process of AIS, CCS officers
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•Government extends timelines for Central Civil Services and All India Services employees appraisal.In its response to addressing the Covid-19 crisis the union government had announced a nationwide lock down of 21 days last week. The lock down has impacted almost all organisations in some way, including government offices. To ease the impact on government officers,…
Prime Minister discusses job creation and economic growth with India Inc.
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•Prime Minister Narendra Modi on Monday, met top industry leaders including Mukesh Ambani, Ratan Tata, and Gautum Adani, ahead of the Union Budget 2020-21. The Union Budget which will be presented in the parliament on February 1, 2020, will be extremely crucial in sending a positive message to revive business sentiment amidst an economic slowdown.…