Governance

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Cabinet Approves MoU Between the ICAI and Chartered Accountants Australia & New Zealand

The MRA intends to develop mutually beneficial relationship in the best interest of members, students and their organizations and is expected to provide an opportunity to the ICAI members to expand their professional horizons and to foster working relations between the two accounting institutes. The two accountancy institutes will have an opportunity to play the leadership role in addressing new challenges facing the profession in a globalized environment.

Mr. Piyush Goyal Launches the Start-Up India Seed Fund Scheme

Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Mr. Piyush Goyal today launched the Start-up India Seed Fund Scheme (SISFS). The Fund aims to provide financial assistance to Start-ups for proof of concept, prototype development, product trials, market entry, and commercialization. The Scheme was announced by the Hon’ble Prime Minister, Mr. Narendra Modi on 16th January 2021 in his Grand Plenary address of ‘Prarambh: Start-up India International Summit’, marking the five-year anniversary of the Start-up India initiative. Rs. 945 Crore corpus will be divided over the next 4 years for providing seed funding to eligible Start-ups through eligible incubators across India. The scheme is expected to support an estimated 3,600 Start-ups through 300 incubators.

India Restores e-Visa for 156 Countries

The Ministry of Home Affairs (MHA) has restored electronic visa (e-visa) facility for foreigners from 156 countries, who intend to visit India for the purposes of business, conferences, and for medical reasons, including in the case of medical attendants. E-visa for tourists is yet to be restored.

64.79 LMT Wheat has been Procured, Against 60 MT During the Corresponding Period of the Last Year

Shri Pandeyinformed that the Rabi season 2021-22 has already started in the States of MP and Rajasthan from 15th March 2021, in Haryana & Delhi w.e.f. 1st April 2021, in Punjab w.e.f. 10th April and in Bihar, it will commence from 20th April 2021.Shri Pandey informed that FCI and State agencies will be operating more than 19,000 centers across the country during ongoing RMS 2021-22.

Shri Piyush Goyal Chairs the First Meeting of National Startup Advisory Council

Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Shri Piyush Goyal today chaired the first meeting of National Startup Advisory Council(NSAC). Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the National Startup Advisory Council to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.