The President Ram Nath Kovind on Wednesday promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021. The Cabinet had approved on 31st March 2021 the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021.
Meanwhile, the government today approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of Rs 6,238 crore. The proposal was approved in a Union Cabinet meeting, which was chaired by Prime Minister Narendra Modi. The Union Cabinet also gave nod to the production linked incentive (PLI) scheme with an outlay of Rs 4,500 crore to add 10,000 MW capacity of integrated solar PV modules manufacturing plants.
Earlier in the day, Union Home Minister Amit Shah said that the BJP is confident of winning 63 to 68 seats in the first three phases of elections held in West Bengal so far.
In another news, a Mumbai court today extended the NIA custody ofsuspended Mumbai police officer Sachin Waze till April 9 in the case of an explosives-laden SUV found near industrialist Mukesh Ambani's residence and the death of businessman Mansukh Hiran.
BJP workers protest in front of the Election Commission office in Kolkata
West Bengal: BJP leader Saumitra Khan and workers of the party protest in front of the Election Commission office in Kolkata over the attack on state BJP chief Dilip Ghosh's convoy in Sitalkuchi, Cooch Behar earlier today. pic.twitter.com/N5jUIQTYWq
West Bengal registered 84.61% polling in third phase
West Bengal registered 84.61 per cent polling during the third phase of polling on April 6 held in 31 assembly constituencies spread across its three districts, state chief electoral officer Ariz Aftab said on Friday.
The highest turnout of 85.51 per cent was registered in South 24 Parganas district, while it was 83.75 per cent in Hooghly and 83.55 per cent in Howrah, he said. Goghat constituency in Hooghly district recorded the highest vote turnout of 88.67 per cent, the CEO said.
West Bengal BJP chief BJP says TMC workers attacked his car in North Bengal
The BJP's West Bengal president Dilip Ghosh on Wednesday alleged that Trinamool Congress workers attacked his car with bombs and bricks in Cooch Behar district of North Bengal, a charge denied by the ruling party. Ghosh said that the car's window glasses including the one on his side were smashed in the attack which took place at Sitalkuchi after a public meeting of his party.
After breaking the glass, a brick also hit him, he said. "If this is the situation, how can one expect free and fair polls in Cooch Behar, where people had voted for change in the 2019 Lok Sabha election," Ghosh said in a video message.
Amit Shah promises rapid industrialisation, predicts massive win for BJP in Bengal
Union Home Minister Amit Shah held a series of colourful road shows in three districts of south Bengal on Wednesday, promising rapid industrialisation if BJP is voted to power and predicted a massive victory for his party.
Shah claimed the BJP will win between 63 to 68 seats out of 91 constituencies for which elections have been held in the first three phases of the eight-phase West Bengal assembly elections.
Asserting that Mamata Banerjee's departure is assured, he said at Mallick Fatak in Howrah, "She is such a big leader, so her departure should also be with a big margin." The home minister also promised to wipe out hooliganism and political violence if his party came to power. The first of the road shows of the day was at Singur, once the hotspot of the anti-land acquisition movement.
West Bengal polls LIVE: EC notice to Mamata for 'communal' appeal
EC issues notice to West Bengal CM & TMC leader Mamata Banerjee over her statement on 3rd April, "appealing Muslim voters to not let their vote be split among different political parties & demanding votes on communal ground for TMC". EC asks her to explain her stand within 48 hrs pic.twitter.com/nHH3ovElz0
Pariksha Pe Charcha LIVE: Parents create a parameter for their kids, says PM Modi
Parents create a parameter for their kids. As a result the kids unintentionally becomes instrument of their parents' dreams. I urge parents to train their kids in the right manner. Inspiring documentaries, movies or books can be utilized to train the young mind. The right environment motivates the child to do more. When you connect our Puranas, our forefathers with values, the children will also be inspired. It will become easier to practice these values in daily conduct.
We want our kids to wake up early and study, but do we have any books at home that showcases the benefits of rising early? Have we watched any documentary that scientifically proves its benefits?. Once the kid learn things scientifically & understands the reason behind your commands, they will learn things more quickly: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
I request parents to treat their domestic help with full respect. Children observe little things at home: Modi
We need to identify that are we imposing our thoughts and belief on our kids. We have to lead our kids with example. We have to make sure that our kids see us performing our social duties. I request parents to treat their domestic help with full respect. Children observe little things at home and try to copy the same behaviour. Kids learn from what they see. We have to ensure that the environment of the home is loving and dedicated to social wellbeing: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
Devote your spare time in activities through which you can express yourself and develop your personality: PM
I love sitting on my swing and wind off after a hard day at work. Devote your spare time in activities through which you can express yourself and develop your personality: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
Pariksha Pe Charcha LIVE: We can accomplish anything with hard work, says PM Modi
Not everybody can do everything, but we can accomplish anything with hard work. If you find some subjects difficult, don't run from it. There must be number of things that you found difficult but now you can do them easily. Write these things down, and revisit this list whenever you feel you cannot do anything: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
I request all teachers to guide their students on time management: PM Modi
A student should always try to attempt the difficult topic in the beginning and devote more time to it. Do hard subjects and topics in the morning before you jump onto easier topics, because the mind is fresh and we have sharper concentration. I request all teachers to guide their students on time management. A proper time schedule always helps: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
Pariksha Pe Charcha LIVE: Students and parents should not consider exams the end of life, says PM Modi
Students and parents should not consider exams the end of life. We should always try to do better in the next attempt: Prime Minister Narendra modi at Pariksha Pe Charcha virtual meet.
Pariksha Pe Charcha LIVE: Exams an opportunity to take your first steps towards your dreams, says PM Modi
Exams are not the last chance to prove yourself, but it is an opportunity to take your first steps towards your dreams: Prime Minister Narendra modi at Pariksha Pe Charcha virtual meet.
Pariksha Pe Charcha LIVE: I want to request parents not to pressurize kids for exams, says PM Modi
I want to request the parents not to pressurize kids for the exams. Let kids enjoy their exams: Prime Minister Narendra modi at Pariksha Pe Charcha virtual meet.
'Pariksha Pe Charcha' will entail a lot of interesting topics: PM Narendra Modi
I want to tell the students, teachers and parents that it is more than just 'Pariksha ki Baat', it will entail a lot of interesting topics: Prime Minister Narendra Modi at Pariksha Pe Charcha virtual meet.
This is the first virtual edition of Pariksha Pe Charcha: PM Modi
This is the first virtual edition of Pariksha Pe Charcha. Due to coronavirus, I too had to innovate on the ways of meeting my #ExamWarriors: Prime Minister Narendra modi at Pariksha Pe Charcha virtual meet.
LIVE: PM Narendra Modi addresses 'Pariksha Pe Charcha'
DMK's Udhayanidhi Stalin submits interim explanation to EC over statement on Sushma Swaraj and Arun Jaitley
DMK's Udhayanidhi Stalin submits interim explanation to EC over his statement on former union ministers late Sushma Swaraj & Arun Jaitley at a rally. He denied allegations & urged to permit him to give a detailed reply after he receives full text of speech & copy of the complaint pic.twitter.com/qJlmlZSQgt
US Special Presidential Envoy for Climate John Kerry called on PM Narendra Modi
US Special Presidential Envoy for Climate John Kerry called on PM Narendra Modi. Discussions centred on forthcoming Climate Leaders’ Summit as well as climate issues in the context of COP26 to the UN Framework Convention on Climate Change which is to be held later this year. pic.twitter.com/xi55aWlCX9
I am a Bengal tigress, will break but won't bend: Mamata Banerjee
Lashing out against the rival Bharatiya Janata Party (BJP) ahead of the fourth phase of the West Bengal elections, Chief Minister Mamata Banerjee said she is a 'Bengal tigress', who will not bend in front of BJP's attacks.
Speaking at a public gathering in Cooch Behar, Banerjee said: "They (BJP) will bring goons from Assam. They will explode bombs and threaten people. Do not be afraid. They do not want our mothers and sisters to vote. Central forces are blocking ur mothers and sisters from voting." She claimed that if the BJP comes to power in the state, they will build detention camps like in Assam. "They have kept 14 lakh Bengalis in detention camps, who have no future. We are fighting for those poor people. They were not even voting, police made raids on them."
"BJP cannot do anything to me with their money. I am a Bengal tigress, I break but I do not bend," she further remarked.
LIVE: President promulgates Insolvency and Bankruptcy Code Ordinance, 2021
The President of India promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 on 4th April 2021. The Cabinet had approved on 31st March 2021 the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021.
The amendments aims to provide an efficient alternative insolvency resolution framework for corporate persons classified as micro, small and medium enterprises (MSMEs) under the Code, for ensuring quicker, cost-effective and value maximising outcomes for all the stakeholders, in a manner which is least disruptive to the continuity of MSMEs businesses and which preserves jobs. The initiative is based on a trust model and the amendments honour the honest MSME owners by trying to ensure that the resolution happens and the company remains with them.
BJP to win 63-68 seats in first three phases in West Bengal: Amit Shah
Union Home Minister Amit Shah on Wednesday said that the BJP is confident of winning 63 to 68 seats in the first three phases of elections held in West Bengal so far. Polling has been completed in 91 of the 294 assembly seats in the state, which will see five more phases of elections.
"The Bharatiya Janata Party estimates that it will surely win 63 to 68 seats in the first three phases of elections and gain a huge lead over the Trinamool Congress, Communists and the Congress," Shah said.
The saffron party will also gain leads in the rest of the phases and cross the target of winning 200 seats, he told reporters after having lunch at a local BJP supporter's modest home here in Howrah district.
Cabinet clears Rs 4,500 crore PLI scheme to boost solar PV modules manufacturing
The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme with an outlay of Rs 4,500 crore to add 10,000 MW capacity of integrated solar PV modules manufacturing plants.
Commerce and Industry Minister Piyush Goyal gave details of the PLI scheme 'National Programme on High Efficiency Solar PV Modules' with an outlay of Rs 4,500 crore.
The government said that this decision will add 10,000 MW capacity of integrated solar PV manufacturing plants and bring direct investment of around Rs 17,200 crore in solar PV manufacturing. The PLI scheme is likely to create direct employment of around 30,000 and indirect employment of 1.2 lakh, according to the government.
West Bengal Elections 2021: Amit Shah campaigns in Howrah
PLI scheme will help facilitate additional investments of Rs 7,920 crore: Govt
Taking another important step towards the vision of 'Atmanirbhar Bharat', the Union Cabinet, chaired by the Prime Minister, Narendra Modi, approved the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) with a budgetary outlay of Rs. 6,238 crore, said the press release.
The prime objective of the PLI scheme is to make manufacturing in India globally competitive by removing sectoral disabilities, creating economies of scale and ensuring efficiencies. It is designed to create complete component ecosystem in India and make India an integral part of the global supply chains. The scheme is expected to attract global investments, generate large scale employment opportunities and enhance exports substantially.
It is estimated that over the period of five years, the PLI Scheme will lead to incremental investment of Rs. 7,920 Crore, incremental Production worth Rs. 1,68,000 Crore, exports worth Rs 64,400 Crore, earn direct and indirect revenues of Rs 49,300 crore and create additional four lakh direct and indirect employment opportunities.
Govt approves PLI scheme for air-conditioners, LED lights
The government on Wednesday approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of Rs 6,238 crore. The proposal was approved in a Union Cabinet meeting, which was chaired by Prime Minister Narendra Modi.
Commerce and Industry Minister Piyush Goyal said that the approval of the scheme for ACs and LEDs will give a boost to domestic manufacturing. Production-linked incentive scheme aims at boosting domestic manufacturing in the country.
PLI schemes will give a big push to India's manufacturing sector: Union Minister Piyush Goyal
With this decision of the Union Cabinet today, a total of 9 out of 13 PLI schemes have been approved to date, while the rest of the 4 schemes are in an advanced stage. Together these schemes will give a big push to India's manufacturing sector: Union Minister Piyush Goyal
Cabinet approves PLI scheme 'National Programme on High Efficiency Solar PV Modules' with Rs.4,500-cr outlay
Union Cabinet approves PLI scheme 'National Programme on High Efficiency Solar PV Modules' with outlay of Rs.4,500 crore. Decision will add 10,000 MW capacity of integrated solar PV manufacturing plants and bring direct investment of around Rs.17,200 crore in solar PV manufacturing
Special NIA Court extends NIA custody remand of Sachin Waze till April 9
Special NIA Court extends NIA custody remand of Sachin Waze till April 9
Union Cabinet approves PLI scheme for manufacturing of white goods
Kin of CRPF jawan abducted by Naxals stage protest in J-K, demand assurance for his safe release
Relatives of a CoBRA commando held hostage by Naxals after a recent gun battle with security forces in Chhattisgarh's Bijapur district blocked the Jammu-Poonch highway on Wednesday, demanding an assurance from the government for his safe release, PTI reported.
"He is the responsibility of the government, which should take immediate action to ensure his safe return to us. We want the government to inform us about the action it is taking for his release," Meenu, wife of abducted jawan Rakeshwar Singh Minhas, said in a fervent appeal from the protest site.
Thirty-one jawans were injured while CoBRA commando Minhas, belonging to its 210th battalion, went missing after the gunfight that took place along the Bijapur-Sukma border on Saturday and was stated to have been taken hostage.
I don't respect BJP CRPF who are doing nuisance: West Bengal CM in Cooch Behar
We want free & fair polls, public should be allowed to cast their votes. CRPF shouldn't obstruct them from entering the polling center. I respect CRPF who are real jawans but I don't respect BJP CRPF who are doing nuisance, attacking women & harassing people: WB CM in Cooch Behar pic.twitter.com/RTAQ1EDGD7
Banks allowed priority sector lending to NBFCs for another 6 months
With a view to ensure continued availability of credit to agriculture, MSME and housing sectors and aid faster economic recovery, the RBI has extended the priority sector lending (PSL) classification for lending by banks to NBFCs for 'on-lending' to the identified sectors for six months up to September 30, 2021, IANS reported.
Recognising the role played by NBFCs in providing credit at the bottom of the pyramid it was decided in August 2019 to allow banks to classify lending to registered NBFCs (other than MFIs) as PSL up to 5 per cent of a bank's total PSL, for on-lending to Agriculture/MSME/Housing till March 31, 2020. This dispensation was later extended up to March 31, 2021.
An amount of around Rs 37,000 crore has been lent by banks to NBFCs for on-lending to the specified priority sectors by December 2020.
INX Media case: Court grants exemption to P Chidambaram, son Karti from personal appearance in the matter
INX Media case: A Delhi court has granted an exemption to former Union Minister P Chidambaram and his son Karti Chidambaram from personal appearance in the matter
West Bengal Elections 2021: Shah holds roadshow in Singur ahead of fourth phase of polling
As the fourth phase of polling in West Bengal is scheduled for April 10, Union Home Minister Amit Shah on Wednesday conducted a roadshow in Singur.
Shah is scheduled to hold three more roadshows in Bengal today. A massive crowd was seen cheering the BJP leader during the roadshow. The second roadshow will take place in Domjur at 1:35 pm, the third one in Howrah Madhya at 3 pm and the last roadshow will be held in Behala Purba at 4:40 pm.
Tamil Nadu records 72.78% polling: Election Commission
Tamil Nadu recorded 72.78 per cent polling to 234 assembly constituencies held on April 6, the Election Commission said. According to district wise "close of poll" data released by the EC here on Wednesday, Karur recorded the highest of 83.92 percent while Chennai saw the lowest turnout of 59.06 per cent.
Ariyalur and Dharmapuri were the other districts where over 80 percent of the voters excercised their franchise while a number of others recorded over 75 per cent polling.
Elections to 234 Assembly seats were held on Tuesday, with 3,998 contestants including heavyweights like Chief Minister K Palaniswami, deputy CM O Panneerselvam, DMK President M K Stalin, MNM leader Kamal Haasan and Naam Tamizhar Katchi founder Seeman among others contesting from various seats in a multi-cornered fight.
West Bengal election 2021: Union Minister and BJP leader Amit Shah holds a roadshow in Singur
Himachal Pradesh: Voting underway for municipal corporation elections in Dharamshala