Ministry of Environment, Forest and Climate Change
Ban on identified Single Use Plastic Items from 1st July 2022 (JUNE 28,2022)
In line with the clarion call given by Hon’ble Prime Minister of India, Shri Narendra Modi, to phase out single use plastic items by 2022, Ministry of Environment, Forest and Climate Change, Government of India notified the Plastic Waste Management Amendment Rules, 2021, on 12 August 2021. India will ban manufacture, import, stocking, distribution, sale and use of identified single use plastic items, which have low utility and high littering potential, all across the country from July 1, 2022.
In the 4th United Nations Environment Assembly held in 2019, India had piloted a resolution on addressing single-use plastic products pollution.
For effective enforcement of ban on identified SUP items from 1 July 2022, national and state level control rooms will be set up and special enforcement teams will be formed for checking illegal manufacture, import, stocking, distribution, sale and use of banned single use plastic items. States and Union Territories have been asked to set up border check points to stop inter-state movement of any banned single use plastic items.
CPCB Grievance Redressal App has been launched to empower citizens to help curb plastic menace. For wider public outreach, PRAKRITI - mascot was also launched on 5th April.
Ministry of Coal
Thirty One Companies Submit Bids for Commercial Coal Mining Auction, Total of 38 Online & Offline Bids Submitted (JUNE 28, 2022)
The auction process of 122 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on March 30, 2022. As part of the auction process, technical Bids comprising of online and offline bid documents were opened today i.e., June 28, 2022, 10:00 am onwards at New Delhi, in the presence of the interested bidders.BA total of 38 bids were received under three tranches of commercial coal mine auctions.
The bids will be evaluated by a multi-disciplinary Technical Evaluation Committee and Technically Qualified Bidders would be shortlisted for participation in the electronic auction.
MINISTRY OF JAL SHAKTI
Extension of tenure of Krishna Water Disputes Tribunal (JUNE 28, 2022)
Whereas, the Krishna Water Disputes Tribunal was constituted on the 2nd April, 2004 vide notification of the Government of India in the erstwhile Ministry of Water Resources, dated the 2nd April, 2004, under section 4 of the Inter-State River Water Disputes Act, 1956, for the adjudication of the water disputes regarding Inter-State river Krishna and river valley thereof.
And, whereas, the said Tribunal has requested to extend the period of submission of report and decision for a further period of one year with effect from the 1st day of August, 2022;
Now, therefore, in exercise of the powers conferred under the proviso to sub-section (3) of section 5 of the Inter-State River Water Disputes Act, 1956 (33 of 1956), the Central Government hereby extends the period of submission of report and decision by the Krishna Water Disputes Tribunal for a further period of one year with effect from the 1st day of August, 2022.
For Gazette Notification, Click Here
SEBI
Adjustment in derivative contracts for dividend announcements (JUNE 28,2022)
SEBI has been receiving representations from various stakeholders requesting to review the framework for adjustment in derivative contracts for dividend announcements. The suggestions were examined at the Secondary Market Advisory Committee (SMAC) of SEBI.
Based on the recommendations of SMAC, it has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market value of underlying stock.
This circular is being issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956.
SUPREME COURT
Adani Ports moves Supreme Court challenging Bombay HC order against tender disqualification (JUNE 28, 2022)
Adani Ports and Special Economic Zone Ltd has moved the Supreme Court, challenging the Bombay High Court order, which declined to entertain its plea against the disqualification of its bid in a tender issued by the Board of Trustees of Jawaharlal Nehru Port Authority (JNPA). The firm has also challenged the Rs 5 cost imposed by the high court.
The Bombay High Court had said that the petitioner brought an unmeritorious case for adjudication, and imposed Rs 5 lakh cost.
The firm had contended before the high court that its disqualification by the JNPA was "illegal and in violation of fundamental and legal rights and urged the court to issue directions to restrain the Board from declaring the highest bidder".
WORLD NEWS
Scottish Government Seeks Independence Vote in Oct. 2023 (JUNE 28, 2022)
Scotland's First Minister Nicola Sturgeon announced plans on Tuesday for a second referendum to be held on Scottish independence in October next year, vowing to take legal action to ensure a vote if the British government tried to block it.
Sturgeon said the Scottish government, which is led by her pro-independence Scottish National Party, would publish a referendum bill later, outlining plans for the secession vote to take place on Oct. 19, 2023.
Voters in Scotland, which has a population of around 5.5 million, rejected independence in 2014. But Scotland's semi-autonomous government says Britain's departure from the EU, which was opposed by a majority of Scots, means the question must be put to a second vote.
Johnson and his ruling Conservative Party, which is in opposition in Scotland, strongly oppose a referendum, saying the issue was settled in 2014 when Scots voted against independence by 55% to 45%. He has previously refused to issue a "Section 30" order, which gives authority to the Scottish parliament to hold a referendum.
NEWS AT GLANCE
- 47th meeting of GST Council to begin today in Chandigarh.
- Government to make 6 airbags mandatory in 8-seater vehicles, says Union Minister Nitin Gadkari.
- Income inequality declined in India during Covid 19, says SBI report.
- Supreme Court grants interim relief to rebel Shiv Sena MLAs; Says no decision to be taken on their disqualification till 12th of July.
- Deepak Punia wins bronze medal at Under-23 Asian wrestling championships at Bishkek in Kyrgyzstan.
- Chief Justices of Delhi High Court and Telangana High Court sworn in today.
- Proposed Budget of Punjab faces opposition from Industries and Trade forums.
- Second round of Foreign Office Consultations between India and Cuba held in Havana.
- In USA, 46 people found dead in an abandoned vehicle on the outskirts of San Antonio of Texas state.
- Sri Lankan government suspends sales of fuel for non-essential vehicles; Only buses, trains, and vehicles used for medical services and transporting food will be allowed to fill up with fuel.
WORD OF THE DAY
Alibi is a legal term of Latin origin. It literally means ‘elsewhere or somewhere else’. It is basically a claim made by a person that he/she is elsewhere as an excuse to avoid something.
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