IBC -Principle of taking over Corporate Debtor under Resolution Plan, will also apply to taking over by way of acquisition plan as per 'clean slate' principle of IBC: HC (See 'Legal Desk') FEMA -Every Adjudicating Authority shall have same powers of Civil Court which are conferred on Appellate Tribunal under Section 28 (2): TRIBUNAL (See 'Legal Desk') Ministry of Health celebrates two years of Tele MANAS (See 'Corp Brief') Arbitration -Court has limited jurisdiction under section 34 of 1996 Act and cannot scrutinize decision of Arbitrator: HC (See 'Legal Desk') MoS calls for synergy in Science Ministries to maximize impact (See 'Corp Brief') Competition Act-Intervention of High Court at stage of order under Section 26(1) is pre-mature and ought to have waited for CCI to come to conclusion: HC (See 'Legal Desk') CCI approves acquisition of 43% of JM Financial Credit Solutions' shares by JM Financial Ltd (See 'Corp Brief') Trademarks Act- Tribunal can cancel registration of trade mark on ground of contravention, or failure to observe condition under Act: HC (See 'Legal Desk') TCIL pays dividend to Govt (See 'Corp Brief') IBC, 2016- Non- cooperation with board and becoming non-responsive to communications made by board without any plausible reasons is held as contravention of provisions of IBC: IBBI (See 'Legal Desk') CCI okays acquisition of Personal Care division of Patanjali by Patanjali Foods (See 'Corp Brief') IBC- Presence of arbitration clause in contract does not bar an operational creditor from filing application under Section 9: NCLT (See 'Legal Desk') PMLA- Attaching movable and immovable property not part of proceeds of crime or of equal value is illegal: TRIBUNAL (See 'Legal Desk') 'Accord and satisfaction' & Arbitration (See 'CORP EINSICHT') BHP, SAIL sign MOU to accelerate potential pathways to steel decarbonisation (See 'Corp Brief') FSSAI convenes meeting of Rice Millers and Fortified Rice Kernel manufacturers (See 'Corp Brief') IBC - Disciplinary committee can be comprised and equated with one whole time member: HC (See 'Legal Desk') CCI conducts Workshop on Competition Law in Collaboration with NALSAR (See 'Corp Brief') Minister lays foundation stone of two projects of CCL (See 'Corp Brief') IBC - Failure to include specific agenda of withdrawal of Corporate Insolvency Resolution Process in Committee of Creditors meetings attracts penalization u/s 208 of Code: IBBI (See 'Legal Desk') RM to inaugurate DefConnect 4.0 (See 'Corp Brief') Arbitration - Referral court should limit its enquiry to examining whether Sec 11(6) application has been filed within period of limitation of three years or not: SC LB (See 'Legal Desk') IIPA should work in sync with Karmayogi program for training officers: Minister (See 'Corp Brief') PMLA - Stringent bail provisions and delay in trial can't go together: SC (See 'Legal Desk') Milk production is up by 57.62% in last 9 years: Union Minister (See 'Corp Brief') Cr P C-Precedent of another case alone shall not be basis for either grant or refusal of bail irrespective of nature and gravity of charge, though it may have bearing on principle: HC (See 'Legal Desk') Minister inaugurates HCL's Surda Mine Operations (See 'Corp Brief') PMLA, 2002 - Sezied documents which are relied upon documents in police case cannot be released by Court: Tribunal (See 'Legal Desk')

NITI Aayog Hosts National Seminar on 'Sustainable Rural Livelihoods'

Published: Sep 11, 2024

By TIOLCorplaws News Service

NEW DELHI, SEP 11, 2024: NITI Aayog hosted a National Seminar on 'Sustainable Rural Livelihoods', chaired by Prof. Ramesh Chand, Member, NITI Aayog. The seminar focused on critical topics such as enhancing rural livelihoods, market linkages, rural value chains and investments, microfinance, entrepreneurship, job creation for rural youth, resilient agriculture, and water security.

The event brought together thought leaders, policymakers, academicians, and community innovators from diverse sectors. Representatives from relevant ministries, international organizations, NGOs, civil society, entrepreneurs, and start-ups facilitated a dynamic exchange of ideas to foster sustainable and inclusive livelihoods in rural areas.

In his keynote address, Dr. Ramesh Chand underscored the critical importance of agriculture in fostering sustainable rural livelihoods. The address was followed by insightful contributions from experts representing the Ministry of Rural Development, Kalinga Institute of Social Sciences, and the Research and Information System for Developing Countries (RIS). The discussions emphasized the necessity of transcending the urban-rural divide, advocating for a more integrated and balanced approach to development. The sessions also highlighted that India's future growth hinges on the concept of SMART Villages, stressing the need for innovative strategies to build inclusive and self-reliant rural economies.

The inaugural session underscored the rural economy's potential contribution to India's GDP in the coming years. Participants discussed growth in rural infrastructure and integrated strategies for achieving sustainable livelihoods, with a focus on emerging trends in India's rural economy. The session explored inclusive economic growth through financial inclusion, job creation in the gig, care, green, and blue economies, and expanding employment in sectors such as construction, services, and manufacturing. Discussions highlighted empowering rural communities by connecting producers to larger markets and emphasized the importance of Gram Panchayats, women-led institutions, and civil society in driving rural progress through decentralization and community-driven initiatives.

The second session focused on sustainable livelihoods amidst climate change and associated vulnerabilities. Experts from institutions like NAARM, ICAR, CWC, and IWMI shared innovative research on agriculture, water security, and rural development. The participants opined and stated that there is an urgent need for a comprehensive groundwater law, as well as innovative models in agriculture and rural entrepreneurship to enhance resilience and improve livelihoods in rural India.

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