Governance

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MoU Between the India ,Bangladesh on the Establishment of Framework of Cooperation in the Area of Trade Remedial Measures

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its ex post facto approval to the Memorandum of Understanding (MoU) between the Director General of Trade Remedies, Republic of India and the Bangladesh Trade & Tariff Commission, People’s Republic of Bangladesh on the establishment of a framework of cooperation in the area of trade remedial measures signed on 27th March, 2021 at Dhaka.

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.