Government forms committee to review TRP guidelines

News: The Information and Broadcasting Ministry has constituted a four-member committee to review the guidelines on TRPs (Television Rating Points).   Facts: Chaired by: The committee will be chaired by Shashi S. Vempati, CEO, Prasar Bharti. Terms of Reference: The Terms of Reference for the Committee shall be as under: Study past recommendations made by… Continue reading Government forms committee to review TRP guidelines

Expert committee to review charter of DRDO labs

News: Defence Research and Development Organisation(DRDO) chairman has constituted a five-member expert committee to review the charter of duties for all laboratories of the DRDO and to focus on indigenous development of futuristic technologies. Facts: Headed by: The committee is headed by Professor V. Ramagopal Rao, Director, Indian Institute of Technology Delhi. Terms of Reference: … Continue reading Expert committee to review charter of DRDO labs

HRD Ministry creates committee to develop India as educational hub

Facts: Ministry of Human Resource and Development(HRD) has set up a committee headed by UGC Chairman DP Singh to:  Prepare guidelines to ensure more students ‘Stay in India and Study in India. Increase intake in top universities and start multi disciplinary and innovative programmes such as online lectures by eminent faculties abroad and joint degree… Continue reading HRD Ministry creates committee to develop India as educational hub

Govt forms expert panel for time-bound resolution of disputes in oil & gas sector

News:Government has constituted a Committee of External Eminent Persons/Experts for time-bound resolution of disputes in Oil and gas sector. Facts: About the committee: The committee will consist of three members.It will help the oil and gas sector get rid of disputes without having to resort to tardy judicial process. The committee will have a tenure… Continue reading Govt forms expert panel for time-bound resolution of disputes in oil & gas sector

GST Council forms 12-member panel

News:The Goods and Services Tax(GST) Council has constituted a 12-member committee of officials from states and Centre to suggest steps to augment revenue and improve compliance under the GST regime. Facts: Why was the committee formed? The committee was formed after the gross monthly collection has fallen to a 19 month low of ₹91,916 crore… Continue reading GST Council forms 12-member panel

Committee to review Companies, LLP Acts

News:Government of India has constituted the company law committee for examining and making recommendations on various provisions and issues related to implementation of the Companies Act. Facts: About the committee: The committee will consist of 11-members which will be chaired by the Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas. The committee will submit its… Continue reading Committee to review Companies, LLP Acts

Report of the Competition Law Review Committee

The Competition Law Review Committee headed by Injeti Srinivas has submitted its report to the Government. Government had constituted Competition Law Review Committee in 2018 to review the existing framework and recommend changes to strengthen it. The committee has recommended a ‘Green Channel’ for faster regulatory approvals for mergers and acquisitions that may have no… Continue reading Report of the Competition Law Review Committee

CSR expenditure may be made tax deductible, says committee

Government had formed a High Level Committee on Corporate social responsibility(CSR) under the Chairmanship of Corporate Affairs Secretary Injeti Srinivas. The committee was formed to review the existing CSR framework and make recommendations on strengthening the CSR ecosystem including monitoring implementation and evaluation of outcomes. The committee has recommended that CSR expenditure should be eligible… Continue reading CSR expenditure may be made tax deductible, says committee

Govt readies compensation plan for patients affected by faulty devices

Government had set up a nine-member medical devices sub-committee headed by former director general of health services(DGHS),Dr B.D. Athani. The sub committee was set up to recommend compensation plan for patients suffering from adverse effects of a faulty medical device.The compensation will be given by the manufacturers and importers of such devices. The committee is… Continue reading Govt readies compensation plan for patients affected by faulty devices

Sinha-led panel proposes ₹5,000 crore stressed asset fund for MSMEs

A Reserve Bank of India(RBI) expert committee tasked with reviewing the current framework for the micro,small and medium enterprises (MSMEs) has submitted its report. The committee has recommended a ₹5,000 crore distressed asset fund for micro,small and medium enterprises (MSMEs). The fund will assist units in a cluster where there is a change in the… Continue reading Sinha-led panel proposes ₹5,000 crore stressed asset fund for MSMEs