ICSETS Civil Service Discussion group

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Study group of former Icsets,Tvm Students.

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LAWS, REGULATION THAT IMPACTED BUSINESS
The first 15 years of this century will be known as the period that witnessed the advent of sectoral regulators. The single most important legislation, in terms of its sheer impact on business, is perhaps the Competition Act 2002, which paved the way for the anti-trust regulator. What also had a lasting impact on business were the much-needed reforms in company law, information technology, arbitration law, electricity law, banking law reforms, the laws needed for creation of special economic zones and the National Green Tribunal. Here are a few pieces of legislation that have left a lasting impression on business:

  • The Competition Act, 2002
  • The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)
  • The Prevention of Money Laundering Act 2002
  • The Electricity Act, 2003
  • The Special Economic Zones Act, 2005
  • The Petroleum and Natural Gas Regulatory Board Act, 2006
  • The Food Safety and Standards Act, 2006
  • The Airports Economic Regulatory Authority of India Act, 2008
  • The Limited Liability Partnership Act, 2008
  • The Legal Metrology Act, 2009
  • The Foreign Contribution (Regulation) Act, 2010
  • The National Green Tribunal Act, 2010
  • The Whistle Blowers Protection Act, 2011
  • The Companies Act, 2013
  • The Arbitration (Amendment) Ordinance, 2015
  • The SEBI (Prohibition of Insider Trading) Regulations, 2015

TO BE, OR NOT TO BE? Amongst the laws that are expected to be passed soon are those relating to the goods and services tax regime, the real estate Bill for setting up a real estate regulator, the new bankruptcy code, establishing a national regulatory body to process environmental clearance for infrastructure and industrial projects. Another key legislation would be the enactment of the public procurement Bill to regulate public procurement and ensure transparency, accountability and probity in the procurement process. One important proposal of the Law Commission that has been gathering dust is the Unfair (Procedural & Substantive) Terms in Contract Bill, 2006. This legislation sought to regulate unfair terms in a contract, namely terms which are harsh, oppressive and unconscionable. Among the laws that could be enacted in the next few years are: a comprehensive sports law code for regulating various sports bodies and events; a new law regulating e-commerce companies; a dedicated space law to protect sovereign, public or commercial interests; a whole new art law protecting antiquities and art treasures; and a legislation to regulate online pharmacy

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World Bank Assisted Project "Neeranchal" for the Watershed Component (Erstwhile Integrated Watershed Management Programme) of the Pradhan Mantri Krishi Sinchayi Yojana-

objectives of the Watershed Component of the Pradhan Mantri Krishi Sinchayi Yojana (PMKSY) and for ensuring access to irrigation to every farm (Har Khet Ko Pani) and efficient use of water (Per Drop More Crop), Neeranchal is primarily designed to address the following concerns:

                           i.            bring about institutional changes in watershed and rainfed agricultural management practices in India,

                         ii.            build systems that ensure watershed programmes and rainfed irrigation management practices are better focussed, and more coordinated, and have quantifiable results,

                        iii.            devise   strategies   for   the   sustainability   of   improved   watershed. management practices in programme areas, even after the withdrawal of project support,

                       iv.            through   the  watershed   plus   approach,   support   improved   equity, livelihoods, and incomes through forward linkages, on a platform of inclusiveness and local participation.

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joker_donkey
@joker_donkey  ·  343 karma

Background:

The Integrated Watershed Management Programme (IWMP) was implemented since 2009-10 by the DoLR, for supporting watershed development in 28 States. From 2015-16 onwards, the IWMP will be implemented as the Watershed Component of PMKSY.

The potential of the watershed approach followed by the erstwhile IWMP to support both conservation and production outcomes including the availability of water in rainfed areas, catering to the needs of small and marginal farmers as well as the asset-less, including women, has been successfully demonstrated at scale across various States of India. However, despite these successes, a number of challenges remain for watershed development to achieve better outcomes, including enhanced participation of communities, building stronger capacities and systems to plan, implement, monitor and post-project sustainability of local institutions and assets. These challenges, if not resolved, can result in implementation delays, slow disbursements and benefits.

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joker_donkey
@joker_donkey  ·  343 karma
  • Rural Development Ministry: World Bank to give loan for its Neeranchal National Watershed Project.
  • It'll run for 6 years (2016-21) and it will support the Pradhan Mantri Krishi Sinchayi Yojana.
  • Major beneficiaries will be 9 states with large watershed projects viz. Andhra Pradesh, Chhattisgarh, Gujrat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana will benefit more from the project due to implementation of large number of watershed schemes in these states.
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Let this be a new beginning.

Lets share knowledge & thoughts to keep us motivated in this journey to become a civil servant.

Vande Mataram.

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