Notifications & Circulars
Insurance Regulatory and Development Authority
19.01.2023
Insurance
Guidelines on Insurance claims of victims of Subsidence and Landslides in the calamity affected areas in the State of Uttarakhand
MANU/IRDA/0006/2023
1. Subsidence and Landslide have caused loss to property in some areas in the State of Uttarakhand. There is an urgent need for the general insurers to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims.
2. You are advised to initiate immediate steps for quick registration and disposal of claims on the following lines: -
a. Please nominate a senior officer at the company level who would act as a Nodal Officer in the affected districts of Uttarakhand. The Nodal Officer would be coordinating the receipt, processing, and settlement of all eligible claims. The Nodal officer should contact the designated officers of the State Govt. immediately and be in regular contact thereafter.
b. It needs to be ensured that all claims are surveyed immediately and claim payments/on account payments are disbursed at the earliest and in any case not exceeding the stipulated time-line.
c. Adequate number of surveyors may be engaged immediately as required and, if need be, consider engaging surveyors from neighboring areas as well.
d. You are also requested to launch extensive awareness campaign duly highlighting the measures taken by you.
e. The Insurers shall encourage the policyholders to use electronic communication wherever possible for correspondence while intimating the claim and filing all the relevant documents. Efforts shall be made to ensure that digital processes are resorted to the extent possible for assessment of claims.
3. We request you to take urgent steps for expeditious settlement of claims in the affected areas and maintain the details of the same. The claims data shall be submitted to the Authority on a monthly basis (to nl-returns@irdai.gov.in) in the format enclosed herewith.
Tags : Guidelines Insurance claims Victims
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Press Information Bureau
19.01.2023
Customs
Formulation of an Adjudicatory Board for Major Ports notified
MANU/PIBU/0126/2023
The Major Port Authorities Act, 2021 came into force on 03.11.2021. Section 54 of the Act envisages constitution of an Adjudicatory Board which is to perform the functions stipulated under section 58 of the said Act.
The Major Ports Adjudicatory Board Rules, 2023, framed under the said Act, has been notified by the Ministry of Ports, Shipping and Waterways in the Gazette on 17.01.2023. The Adjudicatory Board shall consist of a Presiding Officer and two members. The Presiding Officer shall be a retired Judge of Supreme Court of India or a retired Chief Justice of a High Court and the two Members shall either be a retired Chief Secretary of a State Government or equivalent; or a retired Secretary of the Government of India or equivalent.
The Presiding Officer and Members of the Adjudicatory Board shall be appointed on the recommendation of a Selection Committee consisting of Chief Justice of India or his nominee; Secretary of the Department of Personnel and Training and Secretary of Ministry of Ports, Shipping & Waterways.
Action is being initiated by the Government to constitute the Adjudicatory Board as per the above Rules. Once the Adjudicatory Board is constituted the Tariff Authority for Major Ports will cease to exist.
Tags : Formulation Adjudicatory Board Major Ports
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Press Information Bureau
19.01.2023
Civil
MeitY invites comments from stakeholders and general public on amendment proposed to 'IT Rules'
MANU/PIBU/0129/2023
Government to hold public consultation on proposed amendment of IT rules with respect to fact checking misinformation or patently false and untrue or misleading information on social media and other intermediary platforms.
In pursuance of the Government's commitment to ensure an Open, Safe and Trusted and Accountable Internet for citizens (Digital Nagriks), the Ministry of Electronics and Information Technology (MeitY) has invited comments from stakeholders and general public on amendment proposed to rule 3(1)(b)(v) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 ("IT Rules") with respect to obligations of social media and other intermediaries regarding sharing of information which is patently false and untrue or misleading in nature.
Earlier, the Ministry had notified the IT Rules, 2021 to provide that social media and other intermediaries shall observe due diligence by making reasonable efforts to cause their users not to host, display, upload, modify, publish, transmit, store, update or share information which is patently false and untrue or misleading in nature. Under the proposed amendment, the due diligence by intermediaries shall include making such efforts to not upload, publish, transmit or share information identified as fake or false by the Fact Check Unit of the Press Information Bureau (https://factcheck.pib.gov.in/ and Twitter handle @PIBFactcheck), which takes cognizance of fake information both suo motu and by way of queries sent by citizens on its portal or through e-mail and WhatsApp and responds with correct information when the same pertains to the Government. In addition, it will also cover that information which relates to government business and which is identified by the Department concerned as false. The rules also in addition mention other agencies may be included in list of authorised agencies for such fact-checking in future by Govt.
The Minister of State for Electronics and Information Technology, Shri Rajeev Chandrasekhar, said in this regard: "The draft amendments to IT Rules are in pursuance of our commitment to an Open, Safe & Trusted and Accountable Internet. We have circulated amendments for consultation with stakeholders. As is the practice meticulously followed by Govt. these amendments will also be put through open consultations - to reflect, discuss and deliberate on these amendments or any other such effective means through which we can prevent misinformation/patently wrong information circulated on the Internet by State/Non-State actors"
Ministry had earlier initiated public consultation on amendments proposed to the said rules in relation to online gaming, the last date for which was 17th January, 2023. The last date for the same has now been extended to 25th January, 2023.
The Ministry shall also hold a consultation on the proposed amendment to rule 3(1)(b)(v) of the IT Rules with stakeholders on 24th January, 2023.
Comments and suggestions on both the said amendments are also invited from the public by 25th January, 2023 and can be submitted through the MyGov platform:
https://innovateindia.mygov.in/online-gaming-rules/.
Tags : Comments Stakeholders 'IT Rules'
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Ministry of Commerce and Industry
18.01.2023
Commercial
Explosives (Amendment) Rules, 2022 - Draft
MANU/INDP/0002/2023
The draft of the following rules to amend the Explosives Rules, 2008, which Central Government proposes to make in exercise of the powers conferred by sections 5 and 7 of the Explosives Act, 1884 (4 of 1884) is hereby published as required by sub-section (1) of section 18 of the said Act for information of all persons likely to be affected thereby, and notice is hereby given that the said draft shall be taken into consideration after expiry of a period of forty-five days from the date on which the copies of the Gazette of India containing this notification are made available to the public.
Objections or suggestions if any, to these draft rules may be sent to the Director (Explosives), Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Room No. 254A Udyog Bhavan, New Delhi - 110 011 or email avi.gupta@gov.in within the period specified above;
The objections or suggestions which may be received from any person with respect to the said draft within the period above so specified will be taken into consideration by the Central Government.
Draft Rules
1. (1) These rules may be called the Explosives (Amendment) Rules, 2022
(2) They shall come into force on the date of their final publication in the Official Gazette.
2. In the Explosives Rules, 2008 (hereinafter referred to as the principal rules). In rule 2,-
(a) after sub rule 56 following clause shall be inserted namely:-
"(56A) Third Party Inspection Agency means a professional organization recognized by Chief Controller of Explosives to carry out inspection and safety audit of major accident hazards premises as defined under the Manufacture, Storage and Import of hazardous Chemicals Rules, 1989, and having minimum three persons with minimum qualification of masters degree in chemistry or bachelors degree in chemical engineering from a recognized university and minimum experience of ten years in manufacturing and handling of Explosives."
3. In the principal rule, in the Rule 112, for sub rule (2) following shall be substituted, namely"-
"Renewal of license"-
(2) Every application under sub-rule (1) for renewal of the license shall be accompanied by the following documents, namely:-
a. application in Form RE-1;
b. The original license:
c. Prescribed renewal fee.
d. In case of Explosives Manufacturing Units, all the inspection or safety audit reports since last approval as per the Manufacture, Storage and Import of Hazardous Chemicals Rules, 1989 issued by Third Party Inspection Agency approved under these Rules."
Tags : Explosives Amendment Rules
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Reserve Bank of India
18.01.2023
Banking
RBI releases Primary (Urban) Co-operative Banks' Outlook 2021-22
MANU/RPRL/0044/2023
The Reserve Bank of India today herewith releases the 9th volume of the annual publication titled 'Primary (Urban) Co-operative Banks' Outlook 2021-22'. The publication has been brought out by the 'Department of Supervision' of the Reserve Bank of India.
The publication covers the financial accounts of Scheduled and Non-Scheduled Primary (Urban) Co-operative Banks for the financial year 2021-22. The publication provides aggregate information on major items of balance sheet, profit and loss account, non-performing assets, financial ratios, state-wise distribution of offices and details of priority sector advances. Besides, the publication also provides bank-wise information of Scheduled Primary (Urban) Co-operative Banks on select financial ratios on Capital Adequacy, Profitability, and Employee Productivity. The publication is being brought out in only electronic form on an annual basis on the Reserve Bank's website through the link https://dbie.rbi.org.in/ of Database on Indian Economy (DBIE). There will be no hard copies of the publication available for the reference in the matter.
Tags : Annual publication Release
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Ministry of Commerce and Industry
17.01.2023
Customs
Amendments in Para 2.79A of Handbook of Procedures for issue of export authorization for "Stock and Sale" of SCOMET items
MANU/DGFT/0006/2023
In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade, hereby makes amendments to Paragraph 2.79A (Stock and Sale) of the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20, with immediate effect.
2. The paragraph 2.79A of the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 is substituted to read as under:
"2.79A Issue of export authorization for "Stock and Sale" of SCOMET items
Application for grant of authorization for bulk export of SCOMET items (excluding Category 0, Category 3A4001, Category 6 and transfer of technology under any category) from an Indian exporter to an entity abroad (hereinafter referred to as 'stockist') for subsequent transfer to the ultimate end users shall be considered by IMWG, on the following conditions:
Applicability and scope of policy
a. 'Stockist' refers to the entity abroad to whom the SCOMET items are originally exported by Indian principal/wholly owned subsidiary. The Stockist entity should be a subsidiary/principal company abroad of the Indian exporter;
b. Export shall be permitted from the Indian parent company (applicant exporter) to its foreign subsidiary company or from the Indian subsidiary of foreign company (applicant exporter) to its foreign parent/another subsidiary of foreign parent company and; on the basis of an End Use declaration from the stockist, through the specified End User Certificate (EUC) for 'stock & sale' purpose;
Note: IMWG may relax the provisions of a. and b. above in certain cases, considering the description/end use/end user of the item.
Application for export to stockist abroad and transfer to end users in specific countries
c. The exporter shall submit application in prescribed proforma (ANF-2O) along with following documents from the stockist:
i. Documentary proof regarding corporate relationship between the Indian exporter and stockist;
ii. End-use/End-user Certificate from stockist entity abroad in Appendix-2S (iii);
iii. List of countries (in the EUC) to which the items imported from India would be exported by the stockist;
iv. Purchase Order(s)/Invoice(s) or a document in lieu thereof;
v. Technical specifications of the product(s);
vi. Copy of Internal Compliance Program (if applicant exporter/stockist entity has one)
In-principle approval for export to the stockist, and, for sale by stockist within the country of the stockist, and, for re-export by stockist to end user in other countries
d. The application would be assessed for grant of authorization for export to the stockist, and, for grant of in-principle approval for re-export to specified countries of ultimate end use approved by the IMWG;
e. No authorization would be required for transfer from the stockist to the ultimate end user(s) within the country of the stockist and for re-export to end users in such approved countries;
f. Re-export to such approved countries would be subject to the export control regulations of the country of the stockist;
g. Country would denote an independent sovereign entity which is a distinct national entity in political geography. Hence, transfers within an economic union or a customs union would not qualify as "same country transfers";
Post-reporting for same country transfer and re-export to pre-approved countries by the stockist";
h. In case of sale/transfer by the stockist within the same country and for re-export/re-transfer to the end users in countries, for which, in-principle approval has been granted, the Indian exporter/licensee shall submit details of all such transfers to SCOMET Division of DGFT (Hqrs) in ANF-2 O(a), including EUCs [Appendix-2S (i)/2S(ii), as applicable] from all ultimate end users and Bill of Entry into the ultimate destination countries (for export outside the country of stockist), within 3 months of every such transfer;
Application for re-export to other countries (other than pre-approved)
i. In respect of re-export/re-transfer of items from the stockist entity to the end users outside the country of the stockist, for which, in-principle approval has not been granted at the initial stage, the Indian exporter (stock and sale authorization holder) shall submit application for re-export/re-transfer to SCOMET Division in DGFT (Hqrs), in ANF 2O(a), through email (scomet-dgft@nic.in), after obtaining following documents from the stockist entity:
(i) End-use/End-user Certificate from each link in the supply chain as per Appendix-2S (i)/2S(ii), as applicable;
(ii) Purchase Order(s)/Invoice(s) or a document in lieu thereof ;
(iii) Technical specifications of the product to be transferred (only if there is any value addition in the product by the stockist)
j. IMWG shall consider export authorizations for allowing such re-export/re-transfer based on end use/end user verification;
Repeat Order cases
k. Applications for export of same SCOMET items to same stockist entity, and re-export/re-transfer of same SCOMET items from the stockist entity to the end-users (within the country of stockist entity and only the countries of ultimate end use where in-principle approval has been granted), i.e. repeat orders, shall be considered by Chairman IMWG, without any consultation with IMWG members;
Annual reporting on inventory of the stockist and transfers/re-exports
l. The Indian exporter (Stock & Sale Authorization holder) shall submit a statement of exports made from India to the stockist, transfers made by the stockist to the final end-users and inventory with the stockist, as on 31st December of each calendar year, by 31st January of the following year. A failure to do so may entail imposition of penalty and/or cancellation of authorization under the stock and sale policy;
m. The items exported to the stockist entity under the stock and sale authorization should be transferred to the final end-user(s) within the validity period of the authorization as in paragraph 2.16 of HBP;
n. The authorization may be revalidated as per the procedure mentioned in paragraph 2.80 of HBP;
3. Effect of this Public Notice:
The existing "Stock and Sale" policy under Paragraph 2.79A of the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 has been amended to revise the applicability of the policy for export from the Indian subsidiary of foreign company (applicant exporter) to its foreign parent/another subsidiary of foreign parent company and allow repeat order authorization under the Stock and Sale policy.
Tags : Amendments Procedures Export authorization
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