RBI harmonized different categories of NBFCs

Reserve Bank of India in its notification dated 22nd February, 2019, has decided to harmonise different categories of NBFCs. The decision was first set out in Statement on Developmental and Regulatory Policies released on 7th February, 2019. Various categories of NBFCs have evolved over time pertaining to specific sector/asset classes and different Regulations have been […]

Amendment in Hazardous Waste (Management& Transboundary Movement) Rules, 2016

The Ministry of Environment, Forest and Climate Change has amended the Hazardous and Other Wastes (Management & Transboundary Movement) Rules, 2016 vide notification dated 01 March 2019. Some of the salient features of the Hazardous and Other Wastes (Management& Transboundary Movement) Amendment Rules, 2019 are as follows: Solid plastic waste has been prohibited from import […]

Trusts are now allowed to set up unit in SEZ

The Union Cabinet approved promulgation of an Ordinance to amend the Special Economic Zones Act, 2005. The Special Economic Zones (Amendment) Ordinance was published in the gazette on 2nd of March, 2019. As per the ordinance, definition of “person”, as defined in sub-section (v) of section 2 of the Act has been amended to include […]

NABH revamps Entry-Level Certification process for Hospitals

National Accreditation Board for Hospitals and Healthcare Organizations (NABH) has launched a new portal called HOPE – Healthcare Organizations’ Platform for Entry-Level-Certification. The Portal makes the Entry-Level Certification Process simpler, digital, faster and user-friendly. It aims to promote quality of healthcare by enrolling a wide range of hospitals across the country including Healthcare Organizations (HCOs) […]

No approval required for White category industries in Delhi

Delhi Pollution Control Committee (DPCC) in its order dated 28th January, 2019 has clarified that industries under the White category need not obtain Consent to establish/ Consent to operate under the Air and Water Act. These industries will submit an online undertaking to DPCC and Auto-approval will be generated. This Auto-approval shall suffice the requirement […]