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Strategic Petroleum Reserves (SPR) Programme

Strategic Petroleum Reserves (SPR) Programme: Under the Strategic Petroleum Reserves (SPR) programme, the government has given approval for establishing two additional facilities. In 2020, India filled its strategic petroleum reserves in view of the slump in crude prices. The new facilities will be commercial-cum-strategic facilities with a total storage capacity of 6.5 MMT (Million Metric […]

Foreign Contribution Regulation Act (FCRA) Certificate

Foreign Contribution Regulation Act (FCRA) Certificate: The Commonwealth Human Rights Initiative (CHRI) has challenged the suspension of its Foreign Contribution Regulation Act (FCRA) certificate for 180 days. The Ministry of Home Affairs (MHA) suspended CHRI’s certificate in violation of various provisions of the FCRA Act. Foreign Contribution (Regulation) Act (FCRA), 2010: Foreign funding of persons […]

Insolvency And Bankruptcy Code (Amendment Bill), 2021

Insolvency And Bankruptcy Code (Amendment Bill), 2021: The government introduced the Insolvency and Bankruptcy Code (Amendment Bill), 2021 in the Lok Sabha. The Bill is set to replace the Insolvency and Bankruptcy Code Amendment Ordinance 2021 promulgated in April 2021. It introduced an alternate insolvency resolution process for Micro, Small and Medium Enterprises (MSMEs) with […]

Central And South Asia: Regional Connectivity

Central And South Asia: Regional Connectivity: Uzbekistan hosted a high-level International Conference titled “Central and South Asia: Regional Connectivity. Challenges and Opportunities” at Tashkent, recently. The conference was an initiative of the President of Uzbekistan, Shavkat Mirziyoyev. Delegates from over 40 countries and about 30 international organizations, and heads of think tanks participated in the […]

India’s Foreign Exchange Reserves : July 2021

India’s Foreign Exchange Reserves: India’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, the Reserve Bank of India (RBI) data showed. According to weekly data from the RBI, forex reserves rose to a record $612.73 billion in the reporting week, helped […]

Kandla SEZ (KASEZ) : First Green SEZ In The Country

KANDLA SEZ (KASEZ): First Green SEZ In The Country.: Kandla becomes first Green SEZ in the country. Kandla Special Economic Zone (KASEZ), the oldest export zone in the country, has become the “first green industrial city” in India to receive a platinum rating under IGBC Green Cities Rating for existing cities in the industrial cities […]