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NATIONAL AFFAIRS - October 2024

Oct 2024

Oct 02, 2024

IBBI Celebrates Its 8th Annual Day

  • The Insolvency and Bankruptcy Board of India (IBBI) celebrated its 8th Annual Day on October 1, 2024. Senior officers of the Government and regulatory bodies graced the occasion. Over the past eight years, the IBC has significantly accelerated the resolution of insolvency cases.
  • Ramalingam Sudhakar, the President of the National Company Law Tribunal, was the Chief Guest and delivered a keynote address.
  • Amitabh Kant, India's G20 Sherpa and Former CEO of NITI Aayog delivered the Annual Day lecture.
  • Dr. V. Anantha Nageswaran, Chief Economic Advisor, Ministry of Finance, Ms. Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs and Mr. Ravi Mittal, Chairperson IBBI also addressed on the occasion.
  • IBBI was established on 1st October 2016 under the Insolvency and Bankruptcy Code (IBC), 2016.
  • It is responsible for the implementation of the IBC.
  • The IBC amends and consolidates the laws relating to insolvency resolution of individuals, partnership firms and corporate persons in a time-bound manner.

Oct 01, 2024

Indra Sena Reddy Nallu Takes Oath as Governor of Mizoram

  • Indra Sena Reddy Nallu took oath as the Governor of Mizoram.
  • Gauhati High Court judge Justice Nelson Sailo administered the oath of office to Nallu at the Raj Bhavan.
  • Nallu who is the Governor of Tripura will be the holding additional charge of Mizoram during the absence of the incumbent Mizoram Governor Hari Babu Kambhampati, who is on leave due to health issues.
  • The swearing-in ceremony was attended by Chief Minister Lalduhoma and his cabinet colleagues, Assembly Speaker Lalbiakzama, Lok Sabha MP Richard Vanlalhmangaiha and other senior officials.

Maharashtra Declares Desi Cows as 'Rajyamata-Gomata'

  • The Maharashtra government declared indigenous cows as 'Rajyamata-Gomata' in recognition of their historical and nutritional importance ahead of the forthcoming assembly elections. This decision reflects the state's commitment to preserving the significance of desi cows, a practice rooted in the Vedic period.
  • The notification, issued by the state Agriculture, Dairy Development, Animal Husbandry, and Fisheries Department, highlights the role of indigenous cows in human nutrition, specifically the benefits of their milk. The importance of desi cow milk in ayurvedic and panchgavya treatments has been recognised for centuries.
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