An Analysis on the Prevention of Sexual Harassment ACT, 2013

  Quick Facts:  Indian Electronics Industry From April 2000 to December 2023, cumulative FDI equity inflow into the electronics industry amounted to INR 386 billion. The Union Budget 2023-24 allocated INR 169 billion to the Ministry of Electronics and Information Technology. In FY24, electronic goods exports totaled INR 2,464 billion, compared to INR 1,995 billion in FY23, marking a growth of 23%. India has set a target to achieve INR 25,401 billion in electronics manufacturing and INR 10,160 billion in exports by 2025-26. The demand for electronic products is projected to grow from INR 2,794 billion in FY20 to INR 33,868 billion by 2025. India has surpassed China to become the second-largest manufacturer of mobile devices globally and is expected to become the fifth-largest consumer of electronics by 2025. Indian Electronics  Industry - Product Mix The above graph provides a detailed breakdown of electronic product production across different categories.  Mobile pho...

The estimated provisional total value of mineral production (excluding atomic, fuel, and minor minerals) for 2023-24 is INR 1,412,390 million, marking ~14.8% increase compared to the INR 122,9230 million recorded in 2022-23. The estimated provisional value of metallic minerals for 2023-24 is INR 1,275,990 million, accounting for 90.3% of the total mineral production value. The production of non-metallic minerals is valued at INR 136,400 million, accounting for 9.7% of the total value. India’s mining GDP rose from INR 768,770 million in the third quarter of FY23 to INR 826,800 million in the third quarter of FY24. Overview: Indian  Mining Industry India has a large variety of metallic and non-metallic minerals. The mining industry is an important part of the Indian economy. Since independence, mineral production has grown significantly in terms of both quantity and value. India produces 95 different types of minerals, including 4 fuel, 10 metallic, 23 non-metallic, 3 atomic, and 55 ...

  The Ministry of Corporate Affairs (MCA) has issued a notification extending the deadline for the mandatory dematerialization of shares. Initially set for 30th September 2024, the new deadline is now 30th June 2025. This extension provides companies that have not yet opted for dematerialization of shares an opportunity to comply with the regulations by 30th June 2025. Additionally, with this extension in place, companies can proceed with corporate actions such as the issue, transfer, or buyback of shares or debentures in physical mode until the new deadline. Want to know full blogs info, visit here-  https://uja.in/blog/regulatory-updates/mca-extends-share-dematerialization-deadline-to-june-30-2025/

Labour laws in India fall under the Concurrent List of the Constitution, meaning both Parliament and State Legislatures have the authority to enact laws governing labour and employment matters. Currently, there are 91 state-level and 43 central laws that regulate various aspects of labour.  To streamline and lower the burden of compliances on Employers as well as employees, the Government of India has introduced four significant Labour codes, which are as follows: The Codes on Wages, 2019 Have introduced significant changes to wage regulations, providing enhanced clarity on the inclusion and exclusion of remuneration, particularly which is given through salaries and allowances, hence it standardizes wage-related laws. The Industrial Relations Code (2020) Introduces easier dispute resolution, limits strike, and simplifies the process for hiring and layoffs, improving industrial relations. The Code on Social Security (2020) Expands social security benefits to a wider range of wo...

  The CIRP is mandatorily structured as a recovery mechanism, and this can be initiated by a financial creditor, an operational creditor, and a corporate debtor as well, wherein a corporate debtor can file an application of insolvency against itself if it foresees that its business is getting affected. However, there were still many issues with the insolvency and bankruptcy laws, as they were insufficient and outdated. This triggered the need to have adequate legislation that could bring about a comprehensive reform and that could specifically regulate these aspects. The laws that were enacted are as follows: Indian Insolvency Act, 1848 The Bankruptcy Act, 1869 The Indian Companies Act, 1913 The Companies Act, 1956 The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) The Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act) The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act...