India-Myanmar MoU on bilateral cooperation for Prevention of Trafficking in Persons

Union Cabinet has approved the Memorandum of Understanding (MoU) signed between India and Myanmar on bilateral cooperation for Prevention of Trafficking in Persons; Rescue, Recovery, Repatriation and Re-integration of victims of Trafficking. The cabinet was chaired by Prime Minister Narendra Modi. Key Highlights of MoU Objective: To increase bilateral cooperation on the issues of prevention, ..

Month: Current Affairs - November, 2019

Topics: Border Security • Cabinet Decisons • Human trafficking • India-Myanmar • Narendra Modi

Cabinet approves establishment of National Financial Reporting Authority

The Union Cabinet approved establishment of National Financial Reporting Authority (NFRA) as an independent regulator for the auditing profession. It aims to tighten regulatory oversight over auditors and plug loopholes. It will be independent from those it regulates for enforcement of auditing standards and ensuring quality of audits. National Financial Reporting Authority (NFRA) NFRA will ..

Month: Current Affairs - March, 2018

Topics: Auditing • Business • Cabinet Decisons • Economy • National • National Financial Reporting Authority

Cabinet approves MoU between India and Japan in field of Silk Industry

The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Japan for collaborative research in the field of silkworm and silk industries. The MoU was signed between Central Silk Board (CSB), India and National Institute of Agrobiological Sciences (NIAS), Japan in November 2016. Key Facts The MoU was of scientific and technological nature. Its ..

Month: Current Affairs - September, 2017

Topics: Cabinet Decisions • Cabinet Decisons • india-japan • National • Sericulture • Silk Industry • TNPSC

Union Cabinet approves ordinance to pay salaries by cheques

The Union Cabinet has approved a draft ordinance to empower states and allow industries to pay workers’ wages digitally, through a direct bank transfer to accounts or by cheque in a bid to encourage cashless transactions. The draft ordinance proposes changes to the Section 6 of the Payment of Wages Act, 1936 to encourage cashless ..

Month: Current Affairs - December, 2016

Topics: Bills and Acts • Cabinet Decisons • Cashless Economy • digital economy • Digital Payments • National • Ordinances

CCEA approves winding up of Hindustan Diamond Company Private Limited

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for initiating the process of winding up of Hindustan Diamond Company Private Limited (HDCPL). The winding up of HDCPL will not affect supply of rough diamonds to Indian diamantaires as Indian diamond industry has grown in these years. Besides, the HDCPL had become inconsistent ..

Month: Current Affairs - September, 2016

Topics: Cabinet Decisons • CCEA • Disinvestments • HDCPL • National