Central government launches second phase of SBM (Grameen)
The Centre has launched the second phase of the Swachh Bharat Mission (Grameen)-
SBM(G) Phase-II. It will be implemented from 2020-2021 to 2024-2025 in a
mission mode with an outlay of one lakh 40 thousand 881 crore rupees.
Union Minister of Jal Shakti Gajendra Singh Shekhawat today launched the
second phase of the mission at a National Dissemination and Consultation
workshop in New Delhi today.
The second phase will .................................................
Centre amends companies act, eases CSR requirements amongst other features
The Centre proposes to amend the Companies Act again, in a bid to
decriminalise a number of offences and ease corporate social responsibility
(CSR) requirements, especially for smaller companies.
The amendment bill will also enable the listing of Indian companies on
stock exchanges in foreign jurisdictions. This is expected to give Indian
firms greater access to capital, a broader investor base and better
The Centre proposes to recategorise 23 offences so that they can be
dealt with through an in-house adjudication framework, while five types of
offences will be dealt with under different alternative frameworks.
The proposed amendments will also ensure that companies which have an
obligation to spend ₹50 lakh per annum or less on Corporate Social
Responsibility (CSR) are no longer required to have a CSR committee.
Companies that spend more than the mandatory 2% on CSR in a particular
year can carry it forward as credit for fulfilment of CSR obligations for
the next few years as well, she said.
The changes are “expected to significantly enhance the confidence of
Indian corporates in the government’s resolve to provide greater ease [of
doing business] and accord highest respect to honest wealth creators in the
country and reduce the burden on the justice system,” said an official
Bonds yields decline post U.S fed rate cuts
After the U.S. Federal Reserve reduced interest rates on Tuesday
India affirms on two-state solution in Israel-Palestine conflict
India has remained “steadfast” in its support for Palestinian rights and
has consistently voted in favour of Palestine at the UN on “15 key
resolutions”, said members of a key UN body, calling for New Delhi to play
an “enhanced” role in the search for a solution to the Israel-Palestine
“We would like countries like India that have good relations with both
Israel and Palestine, and are also attached to multilateral principles, to
play a bigger role in the resolution of the issue,” Cheikh Niang, Chairman
of the committee, who visited Delhi this week told presspersons.
Mr. Niang explained that part of the reason for the first such country
visit by the panel was that India was expected to become a non-permanent
member of the UN Security Council for 2021-22.
Asked about India’s recent votes that appeared to support Israel,
including one at the UN’s ECOSOC in June 2019 which ended the consultative
status for a Palestinian NGO that Israel claimed had terror links,the
committee members said those actions were not reflective of India’s stand on
the resolution of the Israel-Palestine conflict.
They pointed to several other votes by India, including the UN General
Assembly vote,that had sharply criticised the United States for recognising
Jerusalem as the Israeli capital in December 2017.
India had also voted in favour of another UNGA resolution “deploring the
use of excessive, disproportionate and indiscriminate force by Israeli
forces against Palestinian civilians” in June 2018.
Srilanka to lead BIMSTEC science, technology & innovation sector
Sri Lanka will lead the science, technology and innovation sector in the
European commission launches global coalition for biodiversity
On March 3, 2020, on the sidelines of the World Wildlife Day
celebrations, Global Coalition for Biodiversity was launched. The initiative
was launched by the European commission. The coalition was named “United for
The Global Coalition is constituted of national parks, aquariums, zoos,
botanical gardens and science museums that are spread all over the world.
The Coalition has called the institutions all over .....................