Banjara Hills police registered a case against BI Marketing and Services Pvt. Ltd. and its directors Samuel Sangeeth, Abhishek Moses and James Raymond Moses on charges of cheating Daiki Axis India Pvt. Ltd. by supplying under capacity Sewage Treatment Plant (STP) and collecting excess amount.

One of the customers of Daiki placed an order with BI Marketing for 5KLD STP. “BI Marketing deceived this customer by supplying under-capacity STP after changing the nameplate of Sewage Treatment Plant from 3,000 litres per day (3KLD) to 5,000 litres per day (5KLD) and collected the price of 5 KLD STP from instead of 3 KLD STP,” police said, quoting the complaint copy lodged by Kailash Chandra Pandey of Daiki.

Due to the supply of an under-capacity plant, the customer faced overflow after installation of STP and negative observations from local pollution control board officials and requested Daiki to upgrade/ rectify/ replace the plant.

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Minister for Road Transport & Highways and Micro, Small and Medium Enterprises, Shri Nitin Gadkari announced simplification of process for registration of Micro, Small and Medium Enterprises. Addressing a webinar of SMEStreet GameChangers Forum this evening, Shri Gadkari said that now only PAN and Aadhaar will be required for registration of MSMEs.

The Minister added that after getting registered, the MSME unit will be getting priority and finance. He said that there is a need to impart training to small units in fields of entrepreneurship and other related aspects. He assured full support of the MSME Ministry, and also expressed hope that banks and NBFCs will also provide full support to small businesses.

Emphasizing the importance of MSMEs, the Minister said that the MSMEs contribute significantly in the economic and social development of the country by fostering entrepreneurship and generating large employment opportunities. He said that with an objective of making India a global economic powerhouse, vision of MSME aims towards building a supporting ecosystem for MSMEs to enhance their contribution towards five trillion dollar economy. He said that in order to boost the economic activities of MSMEs, the Government has announced a special incentive package ‘Aatmanirbhar Bharat Abhiyan’ of 20 lakh crore rupees.

meanwhile Senior officials of the Ministry of Finance, Government of India, will hold an interactive meeting on the 22^nd of June, 2021, between 11:00 AM to 01:00 PM with Infosys (the vendor and its team) on issues/glitches in the recently launched e-filing portal of the Income Tax Department. Other stakeholders including members from ICAI, auditors, consultants and taxpayers will also be a part of the interaction. The new portal has been fraught with several technical glitches/issues leading to taxpayer inconvenience. Written representations on the problems/difficulties faced in the portal have also been invited from the stakeholders. Representatives from Infosys team will be present to answer queries, clarify issues and receive inputs on the working of the portal, to remove glitches and sort out issues faced by the taxpayers.

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The peptide-based drugs developed by researchers at QIMR Berghofer Medical Research Institute in Australia are being tested in hamsters at France’s pre-clinical and clinical research facility, IDMIT.

Early promising results, published in the journal Nature Cell Discovery, show the drugs are not toxic, and have few side effects.

The drugs are also stable and can be stored at room temperature, which would make them easy to distribute, the researchers said.

They target how human cells respond to the SARS-CoV-2 virus, instead of the virus itself.

The first peptide-based drug would be given before exposure to the virus and help boost the efficacy of vaccines, while the second drug would stop the spread of the virus in already infected cells.

The discovery of the peptide-based drugs was made possible after the researchers uncovered a previously unknown mode of entry that SARS-CoV-2, the virus that causes COVID-19, exploits to invade cells and cause COVID-19 disease.

Laboratory tests show the first peptide-based drug reduces infection by cloaking the ACE2 receptor protein on human cells.

The SARS-CoV-2 spike protein uses the ACE2 receptor to bind to and invade cells.

The virus then latches onto the cloaking peptides, which they mistake for human cells, preventing infection.

The lab tests have also shown that if the virus finds its way into cells, the second peptide-drug can block how the virus hijacks the host cell and replicates, according to the researchers.

It also boosts the immune system’s ability to recognise the virus, they said.

Senior researcher and Professor, Sudha Rao, said the team was able to develop the drugs after discovering that some people have a chemical tag which acts like a padlock on the ACE2 receptor.

“The tag can either keep the receptor locked or open — controlling infection. This means people who have the ‘padlock-like’ tag on their ACE2 receptors will be less susceptible to SARS-CoV-2 and those without the tag are more vulnerable to infection,” Rao said.

“Our drugs stop the tag from being removed and also protect the untagged ACE2 receptors from being infected,” she explained.

The researchers also found that if the virus invaded the cells it would unlock the tag from the inside, allowing more efficient virus replication.

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The key highlights of the Union Budget 2021-22 are as follows:

6 pillars of the Union Budget 2021-22:

1. Health and Wellbeing
2. Physical & Financial Capital, and Infrastructure
3. Inclusive Development for Aspirational India
4. Reinvigorating Human Capital
5. Innovation and R&D
6. Minimum Government and Maximum Governance

1. Health and Wellbeing

• Rs. 2,23,846 crore outlay for Health and Wellbeing in BE 2021-22 as against Rs. 94,452 crore in BE 2020-21 – an increase of 137%
• Focus on strengthening three areas: Preventive, Curative, and Wellbeing
• Steps being taken for improving health and wellbeing:

5. Vaccines

• Rs. 35,000 crore for COVID-19 vaccine in BE 2021-22
• The Made-in-India Pneumococcal Vaccine to be rolled out across the country, from present 5 states – to avert 50,000 child deaths annually

5. Health Systems

• Rs. 64,180 crore outlay over 6 years for PM AatmaNirbhar Swasth Bharat Yojana – a new centrally sponsored scheme to be launched, in addition to NHM
• Main interventions under PM AatmaNirbhar Swasth Bharat Yojana:

• National Institution for One Health
• 17,788 rural and 11,024 urban Health and Wellness Centers
• 4 regional National Institutes for Virology
• 15 Health Emergency Operation Centers and 2 mobile hospitals
• Integrated public health labs in all districts and 3382 block public health units in 11 states
• Critical care hospital blocks in 602 districts and 12 central institutions
• Strengthening of the National Centre for Disease Control (NCDC), its 5 regional branches and 20 metropolitan health surveillance units
• Expansion of the Integrated Health Information Portal to all States/UTs to connect all public health labs
• 17 new Public Health Units and strengthening of 33 existing Public Health Units
• Regional Research Platform for WHO South-East Asia Region
• 9 Bio-Safety Level III laboratories

5. Nutrition

• Mission Poshan 2.0 to be launched:

• To strengthen nutritional content, delivery, outreach, and outcome
• Merging the Supplementary Nutrition Programme and the Poshan Abhiyan
• Intensified strategy to be adopted to improve nutritional outcomes across 112 Aspirational Districts

5. Universal Coverage of Water Supply

• Rs. 2,87,000 crore over 5 years for Jal Jeevan Mission (Urban) – to be launched with an aim to provide:

• 2.86 crore household tap connections
• Universal water supply in all 4,378 Urban Local Bodies
• Liquid waste management in 500 AMRUT cities

5. Swachch Bharat, Swasth Bharat

• Rs. 1,41,678 crore over 5 years for Urban Swachh Bharat Mission 2.0
• Main interventions under Swachh Bharat Mission (Urban) 2.0:

• Complete faecal sludge management and waste water treatment
• Source segregation of garbage
• Reduction in single-use plastic
• Reduction in air pollution by effectively managing waste from construction-and-demolition activities
• Bio-remediation of all legacy dump sites

5. Clean Air

• Rs. 2,217 crore to tackle air pollution, for 42 urban centers with a million-plus population

5. Scrapping Policy

• Voluntary vehicle scrapping policy to phase out old and unfit vehicles
• Fitness tests in automated fitness centres:

• After 20 years in case of personal vehicles
• After 15 years in case of commercial vehicles

2. Physical and Financial Capital and Infrastructure

5. Production Linked Incentive scheme (PLI)

• Rs. 1.97 lakh crore in next 5 years for PLI schemes in 13 Sectors
• To create and nurture manufacturing global champions for an AatmaNirbhar Bharat
• To help manufacturing companies become an integral part of global supply chains, possess core competence and cutting-edge technology
• To bring scale and size in key sectors
• To provide jobs to the youth

5. Textiles

• Mega Investment Textiles Parks (MITRA) scheme, in addition to PLI:

• 7 Textile Parks to be established over 3 years

• Textile industry to become globally competitive, attract large investments and boost employment generation & exports

5. Infrastructure

• National Infrastructure Pipeline (NIP) expanded to 7,400 projects:

• Around 217 projects worth Rs. 1.10 lakh crore completed

• Measures in three thrust areas to increase funding for NIP:

1. Creation of  institutional structures
2. Big thrust on monetizing assets
3. Enhancing the share of capital expenditure

1. Creation of  institutional structures: Infrastructure Financing

• Rs. 20,000 crore to set up and capitalise a Development Financial Institution(DFI) – to act as a provider, enabler and catalyst for infrastructure financing
• Rs. 5 lakh crore lending portfolio to be created under the proposed DFI in 3 years
• Debt Financing by Foreign Portfolio Investors to be enabled by amending InvITs’ and REITs’ legislations

2. Big thrust on monetizing assets

• National Monetization Pipeline to be launched
• Important asset monetization measures:

1. 5 operational toll roads worth Rs. 5,000 crore being transferred to the NHAIInvIT
2. Transmission assets worth Rs. 7,000 crore to be transferred to the PGCILInvIT
3. Dedicated Freight Corridor assets to be monetized by Railways, for operations and maintenance, after commissioning
4. Next lot of Airports to be monetized for operations and management concession
5. Other core infrastructure assets to be rolled out under the Asset Monetization Programme:
   • Oil and Gas Pipelines of GAIL, IOCL and HPCL
   • AAI Airports in Tier II and III cities
   • Other Railway Infrastructure Assets
   • Warehousing Assets of CPSEs such as Central Warehousing Corporation and NAFED
   • Sports Stadiums

3. Sharp Increase in Capital Budget

• Rs. 5.54 lakh crore capital expenditure in BE 2021-22 – sharp increase of 34.5% over Rs. 4.12 lakh crore allocated in BE 2020-21 :

• Over Rs. 2 lakh crore to States and Autonomous Bodies for their Capital Expenditure.
• Over Rs. 44,000 crore for the Department of Economic Affairs to provide for projects/programmes/departments exhibiting good progress on Capital Expenditure

5. Roads and Highways Infrastructure

• Rs. 1,18,101 lakh crore, highest ever outlay, for Ministry of Road Transport and Highways – of which Rs. 1,08,230 crore is for capital
• Under the Rs. 5.35 lakh crore Bharatmala Pariyojana, more than 13,000 km length of roads worth Rs. 3.3 lakh crore awarded for construction:

• 3,800 km have already been constructed
• Another 8,500 km to be awarded for construction by March 2022
• Additional 11,000 km of national highway corridors to be completed by March 2022

• Economic corridors being planned:

• Rs. 1.03 lakh crore outlay for 3,500 km of NHs in Tamil Nadu
• Rs. 65,000 crore investment for 1,100 km of NHs in Kerala
• Rs. 25,000 crore for 675 km of NHs in West Bengal
• Over Rs. 34,000 crore to be allocated for 1300 km of NHs to be undertaken in next 3 years in Assam, in addition to Rs. 19,000 crore works of NHs currently in progress in the State

• Flagship Corridors/Expressways:

• Delhi-Mumbai Expressway – Remaining 260 km to be awarded before 31.3.2021
• Bengaluru-Chennai Expressway – 278 km to be initiated in the current FY; construction to begin in 2021-22
• Kanpur-Lucknow Expressway – 63 km expressway providing an alternate route to NH 27 to be initiated in 2021-22
• Delhi-Dehradun economic corridor – 210 km to be initiated in the current FY; construction to begin in 2021-22
• Raipur-Vishakhapatnam – 464 km passing through Chhattisgarh, Odisha and North Andhra Pradesh, to be awarded in the current year; construction to start in 2021-22
• Chennai-Salem corridor – 277 km expressway to be awarded and construction to start in 2021-22
• Amritsar-Jamnagar – Construction to commence in 2021-22
• Delhi-Katra – Construction will commence in 2021-22

• Advanced Traffic management system in all new 4 and 6-lane highways:

• Speed radars
• Variable message signboards
• GPS enabled recovery vans will be installed

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The Reserve Bank of India (RBI) has asked HDFC to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers after outage at its data center which impacted operations last month.

“RBI has issued an order dated December 2, 2020, to HDFC Bank Ltd with regard to certain incidents of outages in the internet banking/ mobile banking/ payment utilities of the bank over the past two years, including the recent outages in the bank’s internet banking and payment system on November 21, 2020, due to a power failure in the primary data centre,” HDFC Bank said in a regulatory filing.

HDFC Bank said the RBI order “has advised the bank to temporarily stop all launches of the digital business-generating activities planned under its program Digital 2.0 and other proposed business generating IT applications and sourcing of new credit card customers”.

In addition, the order has directed the bank board to examine the lapses and fixes accountability, HDFC Bank added.

The lender said the above measures shall be considered for lifting upon satisfactory compliance with the major critical observations as identified by the RBI.

HDFC Bank said “over the last two years, it has taken several measures to fortify its IT systems and will continue to work swiftly to close out the balance and would continue to engage with the regulator in this regard.

“The bank has been taking conscious, concrete steps to remedy the recent outages on its digital banking channels and assures its customers that it expects the current supervisory actions will have no impact on its existing credit cards, digital banking channels and existing operations. The bank believes that these measures will not materially impact its overall business,” it added

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Central Council of Indian Medicine (CCIM), the statutory body that regulates the Indian Medical systems of Ayurveda, Siddha, Sowa-Rigpa and Unani Medicine issued a notification to streamline some of the provisions of the regulations concerning Post Graduate Ayurveda Education by adding clarity and definition to the same.

It has come to the notice of the Ministry of AYUSH that some mis-reported and incorrectly interpreted versions of the above notification have surfaced in some media platforms, leading to mis-information about the nature and purpose of the said notification. To lay to rest the apprehensions arising out of such incorrect interpretations, the Ministry is now issuing the following clarifications answering the questions that have been raised in this matter:

1. What does the notification called the Indian Medicine Central Council (Post Graduate Ayurveda Education) Amendment Regulations, 2020 deal with?

The notification relates to the Shalya and Shalakya streams of Post Graduate Education in Ayurveda. The notification specifies (in clearer terms than the earlier notification on the subject)a total of 58 surgical procedures that PG scholars of these streams (cumulatively) need to be practically trained inso as to enable them to independently perform the said activities after completion of their PG Degree. The notification is specific to these specified surgical procedures and does not allow Shalya and Shalakya Post Graduates to take up any other types of surgery.

2. Does the said notification signify a policy shift in the matter of practice of surgical procedures by practitioners of Ayurveda?

No, this notification is a clarification of the relevant provisions in the previously existing regulations of 2016. Since beginning, Shalya and Shalakya are independent Departments in Ayurveda colleges, performing such surgical procedures. While the notification of 2016 stipulated that the students shall undergo training of investigative procedures, techniques and surgical performance of procedures and management in the respective specialty, the details of these techniques, procedures and surgical performance were laid down in the syllabus of respective PG courses issued by CCIM, and not the regulation per se. The present clarification was issued in over-all public interest by CCIM by bringing the said details into the regulation. Hence this does not signify any policy shift.

3. Why is there a controversy around the use of modern terminology in the said notification?

The Ministry has not received any comments or objections about the use of modern terminology in the said notification, and is hence not aware of any such controversy.

It is, however, clarified that all scientific advances including standardized terminologies are inheritances of the entire mankind. No individual or group has monopoly over these terminologies. The modern terminologies in the field of medicine, are not modern from a temporal perspective, but are derived substantially from ancient languages like Greek, Latin and even Sanskrit, and later languages like Arabic. Evolution of terminologies is a dynamic and inclusive process. Modern medical terms and terminology facilitates effective communication and correspondence not just among physicians, but also to other stake-holders including the public. In the instant notification, modern terms are adopted as per requirement to ensure that the same is understood widely in the medical profession, in the stake-holding disciplines like the medico-legal, health IT etc., as well as by the members of the public.

4. Does the use of modern terminology in the said notification amount to “mixing” of Ayurveda with Conventional (Modern) Medicine?

Not at all. The purpose of all modern scientific terminology is to facilitate effective communication and correspondence among the different stake-holders. The stake-holders of the instant notification include not just the Ayurveda practitioners but also professionals of other stake-holding disciplines like the medico-legal, health IT, insurance etc., as well as the members of the public. Hence the use of modern terminology was required. The question of “mixing” of Ayurveda with Conventional (Modern) Medicine does not arise here as CCIM is deeply committed to maintaining the authenticity of Indian systems of medicine, and is against any such “mixing”.

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To promote the demand of the ships built in India, priority in chartering of vessels is given to vessels built in India, flagged in India and owned by Indians under the amendments in the guidelines of ROFR(Right of First Refusal).

Now it has been decided that for any kind of charter of a vessel undertaken through a tender process, the Right of First Refusal (RoFR) would be exerted in the following manner:

1. Indian built, Indian flagged and Indian owned
2. Foreign built, Indian flagged and Indian owned

• Indian built, foreign flagged and foreign owned

Provided that:

1. All vessels flying the flag of India (i.e. registered in India) up to the date of issue of new circular by the Director General of Shipping shall be deemed to be Indian built vessels and will fall in category (i) above and

1. The foreign flagged vessels permitted by DG (Shipping) under Section 406 of the Merchant Shipping Act, 1958 for chartering by an Indian citizen/company/society, who is building a ship in an Indian shipyard for registration under the Indian flag, as a temporary substitute for the Indian ship under construction, meeting the following two conditions shall be deemed to fall under Category (i) above.

1. 25% of the contract money has been paid to the Indian shipyard
2. 50% of the hull fabrication has been completed, as certified by Recognised Organisation.

The duration of licence to such chartered vessel shall be limited to the period of building of the ship, as mentioned in the shipbuilding contract.

It is to be noted that Ministry of Shipping has made provision for long-term subsidy for shipbuilding activities under shipbuilding financial assistance policy (2016-2026). The Ministry has already disbursed an amount of Rs 61.05 crores till date under this policy. It is an endeavour of the Government to further incentivise shipbuilding by providing additional market access and business support to ships built in India.

The revised guidelines will give a boost to the domestic shipbuilding and shipping industries. It will encourage the domestic shipping industry to support the domestic shipping industry.

Minister of State for Shipping (I/C) Shri Mansukh Mandaviya said, “Ministry of Shipping is working with a focused approach to promote shipbuilding in India as per AatmaNirbhar Bharat vision of our Hon’ble Prime Minister Shri Narendra Modi. The revision of RoFR licensing conditions is a giant step towards AatmaNirbhar Shipping. It will promote ‘Make in India’ initiatives through self-reliance and will give a strategic boost to domestic Ship building industries, contributing towards long-term economic growth of India”.

***

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