The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016, to provide for a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective ..
Following is the summary of the recommendations of the Committee.The Report of the Committee is in two parts:i. Rationale and Design/Recommendations;ii. A comprehensive draft Financial Resolution and Deposit Insurance Bill covering all entities.The I ..
Committee Draft - The Financial Resolution and Deposit Insurance Bill, 2016To know in details, find the enclosed file ..
Finance Ministry invites comments/suggestions from stakeholders by October 14, 2016 on the Report & Draft FRDI Bill The Finance Minster Shri Arun Jaitley in Para 90 of his Budget Speech 2016-17, had announced:“A systemic vacuum exists with ..
MINISTRY OF LAW AND JUSTICE(Legislative Department)New Delhi, the 8th September, 2016/Bhadra 17, 1938 (Saka)The following Act of Parliament received the assent of the President on the 8th September, 2016, and is hereby published for general informati ..
Ministry of Social Justice and Empowerment signed MOU with National Safai Karmachari Finance and Development Corporation (NSKFDC) here today stipulating the targets for the Corporation for the year 2016-17. The MOU was signed by Smt Anita Agnihotri, ..
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approval the River Ganga (Rejuvenation, Protection and Management) Authorities Order, 2016. The Order lays down a new institutional structure for policy and implementa ..
Cabinet approves extension of the validity of Central Orders dated 28.09.2015 in respect of edible oils and edible oilseeds and Central Order No. S.O. No. 2857(E) dated 18.10.2015 in respect of pulses from 01.10.2016 to 30.09.2017 The Union Cabinet ..
Cabinet approves enactment of Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill 2016 and to repeal five archaic admiralty statutes The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval to ..
The Centre today urged the States to speed up the execution of Central Schemes to achieve the goal of developed India. Addressing an All India Conclave of Rural Development and Panchayati Raj Ministers at Guwahati, Assam, the Minister for Rural Devel ..