National Biodiversity Authority releases Rs 18.3 Lakh to Committees in UP and Sikkim (See 'Corp Brief') IBC - Section 16(2) of IBC clearly requires the IRP to be appointed as suggested by Financial Creditor or Corporate Debtor & such provision does not allow any deviation: HC (See 'Legal Desk') Kurian calls for active registration under NFDP (See 'Corp Brief') PMLA - Provisions of PMLA over other statutes related to property encumbrances; attachment of property is tenable where it is acquired through proceeds of crime: SAFEMA TRIBUNAL (See 'Legal Desk') DPIIT, Primus Partners Pvt. Ltd. ink MoU to bolster startup ecosystem (See 'Corp Brief') PBPT Act - a land sale is indeed a benami transaction, where payment is made by beneficial owner for future benefit of her family, while land is registered in name of somebody else: SAFEMA Tribunal (See 'Legal Desk') DPIIT, Kotak Mahindra Bank ink MoU to enhance financial & non-financial support for startups (See 'Corp Brief') IBC/RTI - CPIO not required to generate, interpret, or explain records; appeal against FAA's order is not tenable where all relevant information is provided: IBBI (See 'Legal Desk') Centre plans inspection drives and field verification to ensure compliance (See 'Corp Brief') India continues to rank 3rd in Annual Forest Gain (See 'Corp Brief') RERA - Promoters are mandatorily required to comply with statutory condition of pre-deposit u/s 43(5) of Real Estate (Regulation and Development) Act, 2016 before appeal can be entertained: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT) Prof Sood launched 'AI Playbooks for Agriculture and SMEs' (See 'Corp Brief') SARFAESI - Once scheme of arrangement is sanctioned in particular manner and is acted upon, it is no longer permissible for secured creditor to resile therefrom unilaterally: HC (See 'Legal Desk') CCI nod to Setu AIF Trust to acquire stakes in Edelweiss Asset & Edelweiss Trusteeship (See 'Corp Brief') IPR - Mere adoption of product-by-process format would not result in novel product being downgraded to Section 48(b) of Patent Act: HC (See 'Legal Desk') CSIR hosts Capacity Building Workshop for Dissemination of Indian Knowledge System (See 'Corp Brief') Competition Act - issues pertaining to unauthorized business operations, public health & regulatory violations, not demonstrating any anti-competitive agreement or concerted action u/s 3 of the Act, cannot be looked into by CCI: CCI (See 'Legal Desk') 12 lakh Railway Employees working Day and Night during Festive Season: Vaishnaw (See 'Corp Brief') A&C - Restrictions contained in Code of Civil Procedure apply even in cases relating to enforcement of foreign arbitral awards: HC (See 'Legal Desk') Ministry of Mines introduces Timelines to Fast-track Operationalisation of Auctioned Blocks (See 'Corp Brief') RTI/IBC - Mechanism of the RTI Act cannot be commandeered for grievance redressal, policy suggestions, or compelling interpretations of prior responses: IBBI (See 'Legal Desk') Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT ) BSNL turns profitable after 18 Years: Scindia (See 'Corp Brief') IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk') Chouhan to meet Ministers of 11 Ministries for 'Pradhan Mantri Dhan-Dhaanya Krishi Yojana' (See 'Corp Brief') SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk') NITI Aayog's Women Entrepreneurship Platform and DP World launch 'We Rise' initiative (See 'Corp Brief') A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk') MoS unveils Curtain Raiser for 4-day India International Science Festival (See 'Corp Brief') PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk')

Chouhan directs for 100% rural habitations with all-weather road

Published: Jun 13, 2024

By TIOLCorplaws News Service

NEW DELHI, JUNE 13, 2024: UNION Rural Development Minister Shivraj Singh Chouhan continued his meetings with senior officials and reviewing various schemes after taking charge of the Ministry on Tuesday. Union Minister, while understanding all the aspects of the departmental action plan for the schemes, gave directions to take strong steps to strengthen the Self Help Groups (SHGs). He said target of three crore lakhpati didis is like a dream for him and called upon everyone to work for achieving the target before deadline of three years.   The Minister said that he will soon hold a meeting of state rural development Ministers to give impetus to Lakhpati Didi initiative and discuss with state chief ministers to sort out issues, if any. Chouhan appreciated the efforts under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM), and called upon the need for strengthening branding and marketing efforts for sale of products made by woman Self-Help Groups.

Union Minister Chouhan observed that these women once considered 'Un-bankable' are the 'Lakhpatis of Tomorrow' and Self - Help Groups are well poised to solve the decadal problem of rural credit - a true example of women-led development. The minister was informed that during FY 2023-24, banks disbursed credit worth Rs 2,06,636 Crore to over 56 lakh women SHGs - a 5-fold increase in the number of SHGs annually credit linked and nearly ten-fold jump in annual credit disbursement during past ten years.

Reviewing the Pradhan Mantri Gram Sadak Yojana (PMGSY), the Minister observed that the scheme has been instrumental in changing the face of rural India and needs to be carried forward for facilitating the attainment of Viksit Bharat. He directed that efforts should be oriented towards facilitating connectivity of 100% rural habitations with all-weather road. He appreciated the new measures taken for quality assurance of rural roads and desired that these be enhanced at all levels. Chouhan called for more coordination with States for improving rural road maintenance in their entire design life. He directed to take further measures for strengthening the involvement of public representatives in the programme. Minister of State in Rural Development Kamlesh Paswan, Secretary Shailesh Kumar Singh and other senior officials were present during the meeting.

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