Salient features of draft National Civil Aviation Policy, 2015
By Varsha G. Subramanian Introduction The Ministry of Civil Aviation (“MCA”) has introduced a revised draft of National Civil Aviation Policy, 2015 (“New Policy”), in order to promote the growth of Indian civil aviation sector. The
FDI norms across key sectors relaxed
By Varsha G. Subramanian and Mandakini J. The Government of India (“GOI”) amended its Foreign Direct Investment (“FDI”) policy through Press Note issued on 10 November 2015 (“PN 2015”) The amendment makes a leap forward in the
FSSAI to frame regulations for product approval
By Meghana K. and J. Mandakini To overcome the recent setback from various courts relating to the advisory issued for product approval, the Food Safety and Standards Authority of India (“FSSAI”) is proposing to issue new
Liberalisation of foreign exchange regulations
By Varsha G Subramanian Enhanced limit under the Liberalized Remittance Scheme (“LRS”) The Reserve Bank of India (the “RBI”) introduced LRS in 2004 to allow remittances outside India. Under the scheme, resident individuals are permitted
Depository Receipts Scheme 2014
By Saurav Agarwal The Ministry of Finance, vide a notification dated 21 October 2014, has liberalized the scheme relating to Depository Receipts (“DRs”). This Scheme, called the Depository Receipts Scheme 2014[1] (the “2014 Scheme” or
E-Waste : A growing concern
By Varun Singh Advances in the field of science and technology brought about industrial revolution in the 18th Century which marked a new era in human civilization. The 20th Century witnessed information and communication revolutions,
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