Speaking on the bill, finance and corporate affairs minister Nirmala Sitharaman said decriminalisation of various provisions under the companies law will also help small companies by reducing litigation burden on them.

Lok Sabha passes invoice to amend firms legislation

Lok Sabha on Saturday handed a invoice to additional amend the Companies Act and decriminalise numerous compoundable offences in addition to promote ease of doing enterprise within the nation. The Companies (Amendment) Bill, 2020 seeks to decriminalise numerous penal provisions, allow direct abroad itemizing of Indian corporates and introduce a brand new chapter associated to…

Minimum support price mechanism for farmers will continue: Agriculture minister Narendra Singh Tomar

Minimum assist worth mechanism for farmers will proceed: Agriculture minister Narendra Singh Tomar

  New Delhi: Agriculture minister Narendra Singh Tomar on Thursday mentioned the Minimum Support Price (MSP) mechanism for farmers will proceed and that the mechanism won’t be impacted by two proposed legislations. Moving for consideration The Farmers Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and The Farmers (Empowerment and Protection) Agreement on Price…