Month: February 2021

The maximum sentence of the children accused of offence is more than seven years but in which no minimum sentence is prescribed will no longer be tried in adult courts, and from now on, district magistrates as well as the additional district magistrates will be allowed to issue adoption orders.   These are among the major amendments to the Juvenile Justice Act, 2015 that the union cabinet chaired by Prime Minister Narendra Modi approved recently. The amendments also state that crimes committed by children, in which the minimum sentence is…

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products with a budgetary outlay of Rs. 12,195 crore.   The Production Linked Incentive (PLI) Scheme intends to promote manufacture of Telecom and Networking Products in India and proposes a financial incentive to boost domestic manufacturing and attract investments in the target segments of telecom and networking products in order to encourage Make in India. The scheme will also encourage exports of telecom and networking  products ‘Made in India’.…

The Prime Minister, Shri Narendra Modi addressed the NASSCOM Technology and Leadership Forum (NTLF) today via video conferencing.   Speaking on the occasion, the Prime Minister lauded the IT industry for their resilience during the Corona period. “When the chips were down, your code kept things running” said the Prime Minister. He noted 2 percent growth in the sector and addition of 4 billion dollars in revenue amidst the apprehensions of de-growth.   The Prime Minister noted that today’s India is eager for progress and the Government understand this feeling.…

Telangana Governor Tamilsai Soundararajan has been given additional charge of the Union Territory until regular arrangements are made. Kiran Bedi was removed as Lieutenant Governor of Puducherry late on Tuesday evening.   A communiqué from the Rashtrapati Bhavan said, “The President has directed that Dr. Kiran Bedi shall cease to hold the office of the Lieutenant-Governor of Puducherry and has appointed Dr. Tamilisai Soundararajan, Governor of Telangana, to discharge the functions of the Lieutenant-Governor of Puducherry, in addition to her own duties.”   The statement didn’t specify any reason behind…

Union Transport Minister Nitin Gadkari has cleared that the deadline for the implementation of FASTag would not be extended any further, and the vehicle owners should immediately adopt the e-payment facility.   FASTags, which facilitate electronic payment of fee at toll plazas, was introduced in 2016. Making the compulsion of tags would also help in ensuring that vehicles pass seamlessly through the toll plazas, as the fee payment would be done electronically.   Replying to a query on FASTags at the Nagpur airport, Gadkari said the government had extended FASTag registration date limit…

Rajya Sabha MP and former Chief Justice of India Ranjan Gogoi’s statement on the judicial system was shocking and has become a cause of worry for everyone, said NCP chief Sharad Pawar.   Barely a week after Prime Minister Narendra Modi lauded the judiciary for safeguarding peoples’ rights and personal liberty, Gogoi criticized the judicial system saying that the judiciary in India is in a “ramshackled” state.   “Last week I read that the country’s judicial system is the best. The statement was made by the Prime Minister in a meeting with Supreme Court…

Retail investors in the country will now have greater access to the government bond market via a new direct investment option being offered by the central bank. Governor Shaktikanta Das said it is a “major structural reform”.   As from now the retail participants can take direct exposure on the government bond market. The move will likely change the dynamics of the bond market in India and could obviate the need for the country to chase foreign investors by listing Indian bonds in global bond indices.   Domestic investors, if…