Jute Commissioner Sets Maximum Ex-Factory Price for 580gm Jute Bags for March 2025
Jute Commissioner has announced the final fixed maximum ex-factory price for 580gm “Type-A” and “Type-B” Jute Bags for the month of March 2025, in accordance with the Jute and Jute Textiles Control Order, 2016. This notification was issued on March 11, 2025.
Government Delays Implementation of Quality Control Orders for Ethylene Dichloride, Vinyl Chloride Monomer, and Polycarbonate
The Central Government has announced a delay in the implementation of quality control orders (QCOs) for Ethylene Dichloride, Vinyl Chloride Monomer, and Polycarbonate. The new enforcement date for these orders is now set for September 12, 2025.
India Extends Free Import Policy for Urad Beans Until March 31, 2026
The “free” import policy for Urad beans, which was set to expire on March 31, 2025, has been extended until March 31, 2026. This means that Urad beans can continue to be imported without quantitative restrictions or import duties during this extended period.
India Extends Free Import Period for Yellow Peas Until May 31, 2025
The import of Yellow Peas under ITC (HS) Code 07131010 will continue to be “Free” without the Minimum Import Price (MIP) condition and without port restrictions. This extension applies to all import consignments where the Bill of Lading (Shipped on Board) is issued on or before May 31, 2025.
India Eases Rice Export Regulations for Most European Countries
This policy change significantly reduces the regulatory burden for rice exporters targeting European markets outside of the specified countries. This exemption is effective immediately and will remain in place for six months, until September 9, 2025.
EPFO Bans Officials from Labour/EPF Consultancy Work
The EPFO’s March 2025 circular bans officials from engaging in any labour or EPF consultancy work
Ministry of Labour Issues Key Benefits Under EPS-95 Scheme
The Ministry of Labour’s recent press release details the various pension and withdrawal benefits under the Employees’ Pension Scheme (EPS-95)
Key Initiatives to Boost Industrial Growth: attracting investments
Make in India, Start-up India, PM GatiShakti, National Industrial Corridor Programme, Production Linked Incentive (PLI) Scheme, promoting Ease of Doing Business (EoDB) and reducing compliance burden, National Single Window System (NSWS), India Industrial Land Bank, Project Monitoring Group (PMG), liberalization of FDI policy, Production Linked Incentive (PLI) Schemes, Indian Footwear and Leather Development Programme (IFLDP) Scheme are some of the major initiatives of the Department to boost industrial growth in the country.
Faster Rights Issue process: new SEBI guidelines
It is being specified that Rights Issue shall be kept open for subscription for a minimum period of seven days and for a maximum period of thirty days. Validation of application bids received for subscribing to the shares in Rights Issue and finalization of basis of allotment shall also be carried out by the Stock Exchanges and Depositories along with the Registrar to the issue.
New Shipbuilding and Repair Policy
Maritime India Vision, 2030 has set a target to elevate India’s global ranking in shipbuilding in top 10 and the vision as per the Maritime Amrit Kaal Vision, 2047 is to reach within top 5 positions.
