Continuing efforts to foster ease of doing business as well as encourage startups ecosystem, the government approved amendments to the Limited Liability Partnership (LLP) Act, including decriminalising 12 offences under the law.
Besides, a new definition for small LLPs will be introduced under the amended Act, which is being implemented by the corporate affairs ministry.
The Union Cabinet on Wednesday cleared the amendments to the LLP Act. This will be the first time that changes are being made to the Act since it came into effect in 2009.
Currently, there are 24 penal provisions and 21 are compoundable offences, while 3 are non-compoundable ones.
With the proposed amendments, the total number of penal provisions under the LLP Act will be reduced to 22, compoundable offences will be 7, non-compoundable offences will be 3 and the number of defaults to be dealt under the In-House Adjudication Mechanism (IAM) will be only 12.
MP Government Made Devaranya Scheme to Promote Ayurveda
In order to promote AYUSH in Madhya Pradesh and to link it with employment, the government has made the Devaranya Scheme. The scheme has been made to provide employment to the people living in the tribal areas of the state. A complete value chain for the production of AYUSH medicines will be developed in the state through Devarnya Yojana. Self-help groups will also play an important role in this work.
In this, Agriculture Producer Organization, AYUSH Department, Forest Department, Rural Development Department, Horticulture Department, Tourism Department, Agriculture Department, Micro Small and Medium Enterprises Department, Industrial Policy and Investment Promotion Department and Tribal Affairs Department will work together in mission mode. For this, medicinal plants should be cultivated in the beautiful plains of the villages. AYUSH and tourism will be brought together.
Jul 28, 2021
Lok Sabha Passes National Institutes of Food Technology Bill
The National Institutes of Food Technology, Entrepreneurship and Management Bill, 2021 was passed in the Lok Sabha.
This bill was moved by Pashupati Kumar Paras who is the Food Processing and Industries Minister.
This bill lays down various provisions for institutes of food technology, management and entrepreneurship.
This bill got introduced and passed in a time of just 8 minutes making it a record.
This bill also seeks to declare the Indian Institute of Food Processing Technology which is located at Thanjavur and the National Institute of Food Technology Entrepreneurship and Management which is located at Kundli as institutions of national importance
This bill also seeks to provide for research and instructions in these fields.
This bill had already been passed in the Rajya Sabha in the month of March.
Lok Sabha Passes Factoring Amendment Bill
The Lok Sabha passed the Factoring Amendment Bill to amend the Factoring Regulation Act 2011. This bill will broaden the scope of the entities which can participate in the factoring business and also will ensure that strong oversight and regulatory mechanisms are put in place. Nirmala Sitharaman, Finance Minister of India, stated that the changes are being made to help the micro, small and medium enterprises (MSMEs) sector.
In September 2020, this was introduced in the Lok Sabha. This bill will help the micro, small and medium enterprise (MSME) sectors of the country to settle their issue regrinding delayed payments.
The bill is will also enhance traction on the TReDS platform which was introduced by the Reserve Bank of India in the year 2014 for the entrepreneurs so that they can unlock working capital which is tied to their unpaid invoices.
Rajya Sabha Passes Maritime Bill
The Parliament passed the Marine Aid to Navigation Bill, 2021, with the Rajya Sabha clearing it amid din caused by the members of Opposition parties. The Opposition benches indulged in sloganeering and held placards at the time of passage of the Bill in spite of persuasion by the Chair against the disruptions.
Jul 27, 2021
Two Bills Passed in Lok Sabha
The government pushed its legislative agenda in Lok Sabha as the House passed two bills amid uproar by opposition members over the Pegasus row and farmers issue.
These are the first two bills to be passed by Lok Sabha in the Monsoon session which began on July 19. The House has seen repeated disruptions over the alleged Pegasus spying allegations, fuel price hike and three new agri laws since the session started.
Discussion on the two bills could not take place as Opposition members continued to stage protests demanding a discussion on the Pegasus snooping allegations and the farmers' demand of repealing the agri laws.
Uttar Pradesh CM Launches 'MyGov-Meri Sarkar' Portal
Uttar Pradesh Chief Minister Yogi Adityanath launched the 'MyGov-Meri Sarkar' portal.
Through this portal, the people of the state can give various feedbacks to the government and the UP government can also inform them about the various schemes of the state.
The portal will be used efficiently to further enhance the engagement of the common citizens of the state with the Uttar Pradesh state government.
This portal will play a major role to disseminate the schemes of the state and to know the citizens opinion on them and how they can be addressed.
This portal will be beneficial to the people of the state as they will be able to put forward their suggestions, views and feedbacks. This portal aims to become an innovative platform for joining the public with the government and hence will improve governance in the state.
Jul 26, 2021
Amit Shah Launches Green Sohra Afforestation Campaign
The Union Home Minister Amit Shah launched the Green Sohra Afforestation Campaign at Sohra (Cherrapunji) and also inaugurated the Greater Sohra Water Supply Scheme.
The Greater Sohra Water Supply Scheme was conceptualised by the Government of Meghalaya and funded by the Ministry of DoNER under NESIDS in the year 2019 an amount of Rs. 24.08 crore.
The project will provide water supply to Sohra Town and 12 habitations viz. Sderkariah, Khlieh Shnong, Maraikaphon, Pdengshnong, Nongrim, Pomsohmen, Nongsawlia, Mawkisyiem, Saitsohpen, Mawpunkyrtiang, Pynshadkhurai & Kutmadan by tapping the stream source of Wah Lyngksiar and Law Sanlait Spring Sources.
The project is designed to cover an ultimate population of 22,943 persons.
Giving the slogan "Evergreen Northeast", the Union Home Minister underlines the importance of afforestation and tree plantation.
Jul 23, 2021
CM KCR to Launch 'Telangana Dalit Bandhu' from Huzurabad
Telangana Chief Minister, K. Chandrasekhar Rao will launch his government's new Dalit empowerment scheme, now christened Dalita Bandhu, on a pilot basis from the Huzurabad assembly constituency. The scheme, which was to be called Dalit Empowerment Scheme, has now been renamed as Dalita Bandhu scheme. As part of the scheme, eligible Dalit families would be given Rs. 10 lakh in cash directly to their accounts. The sanctioned amounts will be deposited in the bank accounts of eligible beneficiaries.
Poll-bound Huzurabad constituency has five mandals and the total number of Dalit families in this constituency stands at 20,929. All these families will be scrutinised before the final beneficiary list is made. All those found eligible will be extended the benefits of the scheme. Huzurabad constituency has only a total of around 2 lakh voters. Out of the total, CM KCR's scheme will benefit nearly 21,000 families, which accounts for around 60,000 to 80,000 people, if this scheme is implemented soon.