Central Bank Digital Currency (CBDC)

Central Bank Digital Currency (CBDC): The Reserve Bank of India has been working on a phased implementation strategy for a CBDC and the pilot may be launched by the end of this year. The financial advisory services firm has listed four major use cases of CBDC in the Indian context. This includes: ‘Fit-for-purpose’ money used […]

Single Window System For Investors

Single Window System For Investors: The Ministry of Commerce and Industry has launched the national single window system for investors and businesses to improve Ease of Doing Business (EoDB). India was placed at 63rd position in the World Bank’s ease of doing business report, 2020 out of 190 countries. Recently, the World Bank has decided […]

Climate-Induced Migration And Modern Slavery

Climate-Induced Migration And Modern Slavery: International Institute for Environment and Development (IIED) and Anti-Slavery International released a report named Climate-Induced Migration and Modern Slavery. IIED is a policy and action research organisation promoting sustainable development and linking local priorities to global challenges. It is based in London, UK. Anti-Slavery International is the world’s oldest international […]

Comprehensive Economic Partnership Agreement (CEPA)

Comprehensive Economic Partnership Agreement (CEPA): India and UAE’s Commerce Minister have formally launched negotiations on the India-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA). The first round of CEPA negotiations will be held on 23-24 September 2021. CEPA will create new jobs, raise living standards, and provide wider social and economic opportunities in both nations. […]

45th GST Council Meeting: Important Points

45th GST Council Meeting: The 45th Goods and Services Tax (GST) Council meeting was held. Extension of Concessional GST Rates: The Council decided to extend the GST relief on several drugs related to Covid-19 treatment till December 2021. Food Delivery Apps to Collect GST: Online food delivery aggregator firms such as Swiggy and Zomato will […]

Front-Of-Pack Labelling

Front-Of-Pack Labelling: The Food Safety and Standards Authority of India (FSSAI), in 2018, released the Draft Food Safety And Standards (Labelling And Display) Regulation. However, even after so many expert panel recommendations and regulations, India still does not have a clear labelling or Front-of-pack (FoP) Labelling System, which can warn consumers about harmful levels of […]