Articles for tag: Amendment, Corporate, Creditor, Empowering, Enhances, Groups, Homebuyers, IBBIs, Indias, insolvency, Large, Process, representation

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IBBI’s new amendment enhances creditor representation, empowering homebuyers and large creditor groups in India’s corporate insolvency process.

IBBI’s new amendment enhances creditor representation, empowering homebuyers and large creditor groups in India’s corporate insolvency process.

The Insolvency and Bankruptcy Board of India (IBBI) has updated the rules for the Corporate Insolvency Resolution Process (CIRP) to improve how creditors are represented during insolvency cases. The new regulations, effective from September 24, 2024, introduce the role of an interim representative. This person will step in to represent a group of creditors while ...

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Himachal Pradesh extends educational loans for overseas studies, empowering economically weaker students to pursue their dreams without financial barriers.

Himachal Pradesh extends educational loans for overseas studies, empowering economically weaker students to pursue their dreams without financial barriers.

Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu announced an expansion of the Dr YS Parmar Vidyarthi Rin Yojna to include overseas education for students. The state cabinet approved this initiative, allowing eligible students to receive educational loans up to Rs 20 lakh at a low interest rate of one percent for studying abroad. This move ...

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Nirmala Sitharaman launched the NPS Vatsalya scheme, empowering parents to secure their children’s future through pension savings.

Nirmala Sitharaman launched the NPS Vatsalya scheme, empowering parents to secure their children’s future through pension savings.

Union Finance Minister Nirmala Sitharaman recently launched the NPS Vatsalya scheme, aimed at helping parents save for their children’s futures through a pension account. Parents can subscribe online or visit their bank or post office, starting with a minimum investment of Rs 1,000, followed by an annual contribution of Rs 1,000. This scheme allows children ...

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Empowering Women or Just Riding the Political Wave? Odisha’s Subhadra Yojana Sparks Debate Ahead of PM Modi’s Launch.

Odisha’s Deputy Chief Minister Pravati Parida led a large march called the ‘Subhadra Swagat Padayatra’ in Bhubaneswar, with thousands of women participating. This event is in preparation for Prime Minister Narendra Modi’s launch of the Subhadra Yojana on September 17. The initiative aims to empower women, with over 60 lakh already registered to receive financial ...

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Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.

Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.

Tata Power-led Odisha Discoms have made a significant investment by awarding contracts worth Rs 11,481 crore to local contractors and suppliers. Over the past three years, these contracts have focused on supporting local businesses, with Rs 8,690 crore going to micro, small, and medium enterprises (MSMEs) and Rs 2,791 crore to larger firms. The contracts ...

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Star Health launches a Braille insurance policy, empowering visually impaired individuals with tailored coverage and career opportunities for inclusivity.

Star Health launches a Braille insurance policy, empowering visually impaired individuals with tailored coverage and career opportunities for inclusivity.

Star Health and Allied Insurance has launched the “Special Care Gold” policy, a health insurance plan specifically designed for individuals with disabilities in India. This innovative policy, presented in Braille, aims to empower the visually impaired by providing them easy access to health insurance information. It covers essential medical treatments and support services for those ...

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ONDC Triumphs: Revolutionizing E-Commerce, Empowering 6 Lakh Indian Sellers!

ONDC Triumphs: Revolutionizing E-Commerce, Empowering 6 Lakh Indian Sellers!

The Open Network for Digital Commerce (ONDC), an initiative by the Indian government, has been recognized with a gold award for its innovative use of emerging technologies. Aimed at enhancing e-commerce, ONDC supports over 6 lakh sellers across India, promoting small businesses, artisans, and entrepreneurs to thrive in the digital marketplace. The platform facilitates over ...

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Empowering Voices: Government’s Bold Steps for LGBTQI+ Rights and Inclusivity

Empowering Voices: Government’s Bold Steps for LGBTQI+ Rights and Inclusivity

The Ministry of Social Justice and Empowerment is gathering feedback from the public and stakeholders to enhance policies for the LGBTQI+ community. Following a Supreme Court ruling in October 2023, the government formed a high-level committee to clarify the rights and benefits for queer individuals. This committee has addressed important issues, such as access to ...

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Abdullah Promises Change: Ending AFSPA and Empowering Kashmir’s Youth

Abdullah Promises Change: Ending AFSPA and Empowering Kashmir’s Youth

Omar Abdullah, the vice-president of the National Conference, has emphasized his party’s commitment to removing the Armed Forces (Special Powers) Act (AFSPA) in Jammu and Kashmir if elected. He noted that his party aims to end the harassment of Kashmiri youth and streamline the passport verification process while creating job opportunities and ensuring access to ...

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