DIPP Secy authorised to issue licences to pvt players for mfg defence items
The Dollar Business Bureau A gazette notification issued by India’s Home Ministry on Saturday, says that the Secretary in the Department of Industrial Policy and Promotion (DIPP) can now issue licences to private players for manufacturing defence items. Private sector players can now apply to the commerce ministry for licences to take up the manufacture of tanks, fighter planes, warships and other defence equipment. This is a step the government feels will promote ease of doing business and give impetus to the 'Make In India' initiative. However, the licences will be issued only after the Home Ministry supervises the contenders to the license. The power of issuing licences was exclusively with the home ministry earlier. The decision has been taken ...
DIPP Secy authorised to issue licences to pvt players for mfg defence items
The Dollar Business Bureau A gazette notification issued by India’s Home Ministry on Saturday, says that the Secretary in the Department of Industrial Policy and Promotion (DIPP) can now issue licences to private players for manufacturing defence items. Private sector players can now apply to the commerce ministry for licences to take up the manufacture of tanks, fighter planes, warships and other defence equipment. This is a step the government feels will promote ease of doing business and give impetus to the 'Make In India' initiative. However, the licences will be issued only after the Home Ministry supervises the contenders to the license. The power of issuing licences was exclusively with the home ministry earlier. The decision has been taken ...
GoI to bring new law for merchant ships to protect marine ecology
The Dollar Business Bureau The government is all set to bring in a new law for merchant ships to protect marine ecology. It is likely to introduce the Merchant Shipping (Amendment) Bill, 2015 to check the negative impact of ballast water discharge by cargo ships on the coastal ecology. The Union Cabinet chaired by Prime Minister Narendra Modi, on Wednesday, gave its approval for the introduction of the Merchant Shipping (Amendment) Bill, 2015 and accession to the “International Convention for the Control and Management of Ships' Ballast Water and Sediments, 2004,” a government statement said. The Bill will be implemented once it is passed in both the houses of the parliament. According to the international maritime convention, all new ships ...
