Govt directs procurement of tomatoes from Andhra Pradesh, Karnataka and Maharashtra to check rising retail prices

July 12, 2023 1:28 PM

Govt directs procurement of tomatoes from Andhra Pradesh, Karnataka and Maharashtra to check rising retail prices

The central government has directed immediate procurement of tomatoes from Andhra Pradesh, Karnataka and Maharashtra for distribution in major consumption centres to check increasing retail prices. The Department of Consumer Affairs has asked National Agricultural Cooperative Marketing Federation and National Cooperative Consumers Federation to immediately procure Tomatoes from Mandis in three states for simultaneous distribution in major consumption centres where retail prices have recorded a m...

Central govt suspends operation of Insolvency and Bankruptcy Code by another 3 months to protect companies in distress due to Covid-19

September 25, 2020 8:06 AM

Central govt suspends operation of Insolvency and Bankruptcy Code by another 3 months to protect companies in distress due to Covid-19

The Central government has suspended the operation of the Insolvency and Bankruptcy Code, 2016 (IBC) by another three months in order to protect companies in distress due to the Covid pandemic.  A gazette notification issued in this respect said that the suspension of the section 7, 9 and 10 of the IBC Code initially for six months has been further extended for another three months starting from 25th September. The Code was earlier suspended for six months from 25 March to help the firms recover...