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Important Legislative News
Trade laws to spell out N-controls, end licences
Financial Express, Aug 18
As part of the government’s commitments
in the draft Nuclear Supplier Group agreement, the Ministry of Commerce
has finalised changes to the Foreign Trade (Development and Regulation)
Act, 1992 by tightening norms on trade in items meant for dual use
(military and civilian).
Unorganised Sector Workers’ Bill
PIB, Aug 21
The
Cabinet gave its approval for implementation of the Unorganized Sector
Workers’ Social Security Bill, 2008 by making amendments to the 2007
Bill pending in the Rajya Sabha.
Legislation on royalty for scientists to get legal teeth
Hindu, Aug 24
The Law Ministry suggested
addition of penal clauses to the Public Funded R&D (Protection,
Utilisation and Regulation of Intellectual Property) Bill, 2007 which
aims to empower state-funded institutions to commercialise their
research.
Centre plans body to promote research
Indian Express, Aug 25
The government plans to
introduce legislation that would accord autonomous status to the
National Science and Engineering Research Board, which will help fund
quality research facilities across universities and institutes in the
country.
Govt to strengthen benami transactions prohibition act
Economic Times, Aug 25
The government is considering amending the Benami Transactions
(Prohibition) Act, 1988. The proposed amendments seek to redefine
a benami property as one belonging to a non-existent person without
known sources of income.
LS session from Oct 17
Indian Express, Aug 27
The
government decided to hold the next session of Parliament from October
17 to November 21. The next Lok Sabha election now looks set to be held
in February or April next year.
Govt approves amendment to Indian Plantation Labour Act
Business Standard,
Aug 29
The
Cabinet approved amendments to the Plantation Labour Act, 1951.
The amendment proposes a variety of measures to provide mechanisms for
safety, health and wealth for plantation workers in the
country.
Companies Bill looks to unlock corporate India with its magic keys
Indian Express, Aug 30
The
Companies Bill is likely to be introduced in the forthcoming session of
Parliament. The Bill envisages a new entity in the form of
one-person company, while empowering the government to provide a
simpler compliance regime for small companies. Govt approves changes to airport tariff regulator Bill
Business Standard,
Aug 30
The
government approved amendments to the Airports Economic Regulatory
Authority of India Bill, 2007, which was introduced in Parliament last
year and referred to the Parliamentary Standing Committee on Transport,
Tourism and Culture.
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