Indusfood Manufacturing 2026 & FoodTech 4.0 Opens at Yashobhoomi (See 'Corp Brief') CCI approves acquisition of Krosaki Harima Corporation by Nippon Steel (See 'Corp Brief') A&C - Right to object to appointment of ineligible arbitrator cannot be taken away by mere implication: SC (See 'Legal Desk') CCI okays acquisition of additional shareholding in Roppen Transportation by MIH Investments (See 'Corp Brief') Ministry of I&B's WaveX signs MoU with FITT-IIT Delhi to boost Innovation (See 'Corp Brief') A&C - Conferment of jurisdiction on specific court or creation of public forum, though eminently significant, may not be decisive test to answer and decide whether arbitrability is impliedly barred: SC (See 'Legal Desk') Working Group discusses Regional Language AI Infrastructure and Reimagining AI Education (See 'Corp Brief') Pax Comfort and Safety enhanced with better Stations: Railways (See 'Corp Brief') IPR - Gaay Chhap had shown prior and continuous use of its marks and made out strong prima facie case of trademark infringement and passing off: HC (See 'Legal Desk') IBBI Chairperson launches IICA PGIP program Website (See 'Corp Brief') Yadav reviews Action Plans of Rajasthan and Punjab to tackle Air Pollution (See 'Corp Brief') IPR - Even if trademark is accepted and advertised and, thereafter, no objection was filed against same, Sec 19 of Trade marks Act empowers Registrar to withdraw acceptance given to said Mark before its registration: HC (See 'Legal Desk') SAIL records Highest-Ever December Sales (See 'Corp Brief') Rajiv Ranjan Singh inaugurates Smart Green Aquaculture Farm (See 'Corp Brief') PMLA - It is not the case of the respondent that the petitioner at any point of time was an accused in the investigation or he was evading arrest - Essential requisites of s.73 of CrPC not met - Non-bailable warrants issued stand cancelled: HC (See 'Legal Desk') Railways utilises 80 Percent of CAPEX in First Three Quarters (See 'Corp Brief') Ships built by GSL & other yards are floating symbols of India's sovereignty: RM (See 'Corp Brief') Misc - A litigant cannot be placed in a situation where a statutory right of appeal is rendered illusory on account of procedural or administrative impediments: HC (See 'Legal Desk') Govt announces relaxation for Deep-Tech Startups for DSIR recognition (See 'Corp Brief') ICAR directed to set up laboratory for turmeric testing in Erode (See 'Corp Brief') SEBI - Levy of penalty shall commensurate to disproportionate gain or unfair advantage or loss caused to investor: SEBI (See 'Legal Desk') Fixed-Term Employment fixed under New Labour Codes (See CORP EINSICHT) Competition Law - When opposite party is not dominant in relevant market, question of abuse of dominant position u/s 4 of Competition Act does not arise: CCI (See 'Legal Desk') NTPC Western Region-I signs MoA with Gujarat Cancer & Research Institute (See 'Corp Brief') PMLA - COVID-19 limitation extension was intended to cover all proceedings, including those under PMLA: SAFEMA (See 'Legal Desk') Coal Output surges as Captive and Commercial Mines Perform Strongly (See 'Corp Brief') IBC - Non- stamping or insufficient stamping of one of documents relied upon by creditor does not impede initiation of insolvency resolution process, which differs from enforcement action: NCLT (See 'Legal Desk') National Textiles Ministers' Conference to be held in Guwahati (See 'Corp Brief') IBC - Penalty can be levied if lapses demonstrated non-compliance with statutory and regulatory obligations incumbent on IP, undermining interests of stakeholders and integrity of insolvency process: IBBI (See 'Legal Desk')

KVIC bags Rs 7 Cr order from Oil India Ltd

Published: Jul 16, 2019

By TIOLCORPLAWS News Service

NEW DELHI, JULY 16, 2019: THE flagship store of the Khadi and Village Industries Commission (KVIC), Khadi Bhawan at Connaught Place in New Delhi has bagged order worth over Rs 7.03 crore from the Oil India Limited (OIL), in the form of Khadi gift coupons for its 14,064 employees. The OIL agreed to gift Khadi coupons of Rs 5,000 to each of its 14,064 employees in its units across the nation. The employees, however, would be able to purchase Khadi and Village Industries products worth Rs 6,500 from the coupon of Rs 5,000. The coupons, which have already been delivered, can be redeemed throughout the year at all departmental sales outlets.

In another order, the Bureau of Energy Efficiency (BEE) have also ordered 800 gift coupons in denomination of Rs 1,000 for its 800 staff. These coupons have already been delivered and the 800 BEE staff can also purchase Khadi and Village Industries products worth Rs 1,300 from the coupon of Rs 1,000. The KVIC Chairman Mr Vinai Kumar Saxena stated that such huge orders from government and PSUs will not only increase the income of the artisans but will certainly create more jobs by adding thousands of new artisans in KVIC's group. These orders would also pave way for KVIC for more convergence with different ministries and Public Sector Units.

It may be noted that many government organisations like the Indian Railways, in the recent past, have shown its keen interest in promoting eco-friendly Khadi products. In January this year, in a quick response to the instructions issued by the Ministry of Railways to procure linen items from the KVIC – the North Western Railways (Jaipur), North Central Railways (Allahabad) and Northern Railways (Delhi) had given order of approximately Rs 12.40 crore to the KVIC, for supply of Khadi duster and green/red flags.

Later, on March 25, 2019, the KVIC further bagged order to supply DT and duster worth Rs 1.25 crore from Rail Coach Factory at Kapurthala. On the same day, the KVIC received order to supply duster worth Rs 1.65 crore from North-West Railways Jaipur. In what may be a trendsetter for educational institutions, on March 05, 2019, KVIC had bagged order of different varieties of Khadi Silk robes with Angawastram from Indira Gandhi National Open University (IGNOU) worth over Rs 21 lakh.

TIOL CORP SEARCH

TIOL GROUP WEBSITES