HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Govt extends timeline for Global Tender for REPM scheme (See 'Corp Brief') Indian Pharmacopoeia Commission organizes Scientific Conclave (See 'Corp Brief') A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk') Scindia reviews Key Development Projects during Sikkim Visit (See 'Corp Brief') Union Minister of State for Coal & Mines reviews CMPDIL (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief') Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Railways carries 170% more Cement in last 4 Months (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

India to share expertise in growing Cotton with 11 more nations: Irani

Published: Oct 07, 2019

By TIOLCORPLAWS News Service

GENEVA, OCT 07, 2019: THE Union Minister of Textiles, Ms Smriti Zubin Irani, stated that India remains committed to building on its long-standing development partnership with Africa, especially in the field of cotton. For this, Textiles Minister said that India would be announcing the launch of the second phase of the Cotton Technical Assistance Programme (TAP) for Africa at the Partners Conference here today. In the five year long second phase, the programme would be scaled up in size and coverage and would be introduced in five additional countries, namely Mali, Ghana, Togo, Zambia and Tanzania. The Cotton TAP programme would now cover 11 African countries including the C4 (Benin, Burkina Faso, Chad and Mali). India implemented a Technical Assistance Programme (TAP) for cotton in 6 African countries, namely – Benin, Burkina Faso, Chad, Malawi, Nigeria and Uganda from 2012 to 2018.

The minister expressed hope that the World Cotton Day would help showcase innovative initiatives in the cotton eco-system and channel more development assistance for cotton. Ms Irani further mentioned that India is also engaging meaningfully in providing assistance to strengthen both the agriculture and textile part of the cotton value chain in Africa through training and capacity-building of farmers, scientists, government officials and industry representatives and through the creation of cotton-related infrastructure. As one of the world's largest producers and consumers of cotton, India supports the World Cotton Day as an opportunity to recognise the significance of cotton as a global commodity, and, more importantly, as a source of livelihood for millions of small and marginal farmers in developing countries said Smriti Zubin Irani, at the opening session of World Cotton Day in Geneva today.

Ms Smriti Zubin Irani said that it is fitting that Mahatma Gandhi has been chosen as the icon for the World Cotton Day and to mark the celebration of the first World Cotton Day, India would gift a replica of Mahatma Gandhi's Charkha to the WTO.  She also informed that a live demonstration of the Charkha has been arranged a by Pitta Ramulu, National Award winning weaver from India.

The Textiles Minister also informed that cotton farming and the domestic cotton textile industry continue to be important pillars of India's economy. As a country of 8 million small and marginal cotton farmers, India is sensitive to the challenges faced by the cotton sector in developing countries and India has been a proponent for the elimination of asymmetries and imbalances in the WTO agreements that lead to a distortion of global cotton markets, the Minister added.

TIOL CORP SEARCH

TIOL GROUP WEBSITES