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Catholics ask Indian state to scrap fishing project


Catholics ask Indian state to scrap fishing project
Permitting overseas firms to join deep-sea fishing will further impoverish Kerala s traditional fishermen, they say
UCA News reporter
Updated: February 26, 2021 08:45 AM GMT
Trending
Traditional fishing boats are parked in the Catholic-dominated Vadi coast of Kollam during the Covid-19 lockdown in September 2020. (Photo: Christopher Joseph)
Catholic leaders are among those opposing a multimillion-dollar overseas deep-sea fishing project in Kerala that they say threatens the livelihood of ordinary fisher people in the southern Indian coastal state.
Following criticism from opposition leaders and rights groups, the communist-led state government withdrew two memoranda of understanding it signed with a US-based firm that allegedly violated the state’s fishing policy and the rights of poor fisher people. ....

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CBIC exempts non-Indian citizens, PSUs from Aadhaar authentication for GST registration


CBIC exempts non-Indian citizens, PSUs from Aadhaar authentication for GST registration
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Aadhaar authentication for GST registration will not be needed for a government establishment, local authority, public sector undertaking or any specialized agency of the United Nations Organization or for consulates or embassies of foreign countries, the Board said in a notification.
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The Central Board of Indirect Taxes and Customs (CBIC) has clarified that Aadhaar authentication for goods and service tax (GST) registration will not be required for a person who is not an Indian citizen.
Aadhaar authentication for GST registration will not be needed for a government establishment, local authority, public sector undertaking or any specialized agency of the United Nations Organization or for consulates or embassies of foreign countries, the Board said in a notification on Wednesday. ....

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TEC opens two more centres; crosses a million sq ft in India


TEC opens two more centres; crosses a million sq ft in India
February 18, 2021
Invests over ₹40 crore in the two centres
Furthering its footprint in India, The Executive Centre (TEC) is opening two new Centres is Pune and Bengaluru and now has over one million square feet space.
With this ₹40-crore investment in two new centres, TEC now has 33 centres with a total spread of over a million square feet of collaborative workspace. The properties, Panchshil Business Park, Pune, and Prestige Technostar, Bengaluru, are spread across 82,000 sq ft and house 910 workstations.
Nidhi Marwah, Group Managing Director-South Asia, The Executive Centre, in a statement said, “India has always been a priority region for The Executive Centre since the very beginning. We opened TEC’s two new centres in extremely important markets Pune and Bengaluru.” ....

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India not preferred place for firms leaving China


Express News Service
NEW DELHI:  Despite the Centre and various state governments announcing several initiatives to attract multinationals looking to shift base outside China post-Covid-19 pandemic, India has been left behind by countries like Vietnam, Taiwan and Thailand, which have emerged as the preferred destinations for most such companies.
Taking note of this, a parliamentary standing committee has flagged administrative and regulatory hurdles in India as among the main reasons. “The committee feels that the main challenges faced by the country presently are administrative and regulatory hurdles, inadequate and costly credit facility, tedious land acquisition procedure, inadequate infrastructure facilities, high logistics cost and large unorganised manufacturing sector, among others,” stated the standing committee in its report titled ‘Attracting investment in post-Covid Economy: Challenges and Opportunities for India’. The report was tabled in Parliament in ....

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