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Third Positive Indigenisation List

Third Positive Indigenisation List: The Ministry of Defence (MoD) has restricted the import of 351 systems and components as a part of third Positive Indigenisation List to boost Indigenisation in Defence Manufacturing. In June 2021, the MoD had notified the second negative import list, renamed as the ‘positive indigenisation list’ of 108 items. The ‘First […]

Digital Lending

Digital Lending: A Reserve Bank of India (RBI) Working Group (WG) on digital lending, including lending through online platforms and mobile apps submitted its recommendations in November this year. Key recommendations: A separate legislation should be enacted to oversee such lending. Setup a nodal agency to vet the Digital Lending Apps. A Self-Regulatory Organisation should […]

FSSAI Draft Regulations For GM Foods

FSSAI Draft Regulations For GM Foods: Social activists working among farmers have come out against the Food Safety and Standards Authority of India’s (FSSAI) draft regulations on genetically modified (GM) food, terming it “unacceptable”. They want FSSAI to explicitly say that GM foods will not be allowed into India by way of production or imports. […]