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Ukrainian army training Syrian rebels how to use drones against Russian army in SyriaThe kernel of Trumponomics is tariff, tariff & tariff!Union Budget, 2025 - Another SVLDRS is the need of the hourI-T- Delay in verification of ITR and Form 10B merits being condoned in interests of justice, where there is no delay in filing audit report in Form 10B: ITATDRI's investigative insights instrumental in addressing gaps in policy making: CBIC ChairmanI-T - Contingent liability of import duty on capital goods liability will trigger only when assessee does not meet targeted earning of foreign exchange: ITATMinistry of Coal gears up to launch 11th Round of AuctionsI-T - Financing transactions relating to real estate between two sister concerns, born out of commercial expidiency, calls for no addition: ITATMGNREGA: 10K houses being constructed daily with reduced completion timelineI-T- Revisionary power cannot be exercised solely because PCIT disagrees with view taken by AO, more so where original assessment order is passed after making due enquiry: ITATNITI Aayog launches 'Trade Watch Quarterly' in New DelhiI-T - If there is no striking off either of limbs of Sec 271(1)(c) as to for what reason penalty is being proposed to be imposed, then notice issued u/s 274 r/w/s 271(1)(c) is invalid: ITATGST - CBIC amends Circular No 31 of 2018 to clarify on 'Proper officer under Ss 73 and 74I-T - Once interest on housing loan on acquisition of capital asset is allowed u/s 24(b), then same can't be allowed by adding to cost of acquisition of capital asset u/s 48, to compute capital gains: ITATG20 declaration - Taxing super-rich's wealth - Making Modi Govt. accountableI-T- Exemption u/s 10(23C)(vi)(via) cannot be denied where ambiguities arise in Form 10 due to discrepancies in the ITR and not due to any error on part of assessee: ITATEU quickens pace to ink trade deal with MercosurGST - Cancellation of registration - No reply was filed in response to SCN and the appeal against order was also filed after more than a year - Petitioner firm is not entitled for any relief on the ground of being lethargic in approach : HCGM to take hit of USD 5 bn on reduced value of Chinese JVGST - SCN issued in name of a company which ceased to exist on account of its amalgamation, is invalid: HCUnitedHealth CEO shot dead in NY 'targeted' attackDGFT - provisions of Section 28AA of the Customs Act cannot be applied to levy interest on repayment of duty credit scrip: HCTelangana recruits 44 transgenders as traffic assistantsGST - Commissioner to take appropriate measures to ensure that officials concerned are sensitised regarding passing of appropriate orders in accordance with law and not mechanical orders: HCCBI raids 10 places in Delhi in Rs 117 Cr international cyber fraud caseGST - Contents of the petitioner's reply have been scanned and re-printed; even the letter head of the petitioner has been printed in the said order - Respondent has not applied his mind - Order quashed: HCBritain bans daytime junk food TV ads including burgers and muffinsGST - Rectification - limitation for filing appeal would start from date of rejection of rectification application & not from date of original assessment order: HCMoscow, Pyongyang defence pact comes into forceST - Assessee was not given proper notice to clarify correct classification of services - Demand rightly quashed: CESTATFall-out of martial law: South Korean Defence Minister puts in papersCX - Negligence or doubt about duty obligations alone cannot trigger extended limitations; that assessee acted in bona fide belief of goods not being dutiable, does not invite invoking extended limitation: CESTATHard Left in France urges President Macron to hold early elections after govt voted outCX - Section 11D, applicable to exempt excisable goods, could not apply to Zinc Ash which was deemed non-excisable: CESTATRailways grants Rs 60K Crore subsidy on tickets annually: MinisterCX - As is trite law, if shortage is very negligible & there is no allegation of clandestine removal or even no proof of excess clearance of final products or inputs as such, availment of Cenvat credit by manufacturer is valid: CESTAT
 
COP16: India launches updated National Biodiversity Strategy and Action Plan

By TIOL News Service

NEW DELHI, NOV 04, 2024: UNION Minister of State for Environment, Forest and Climate Change, Kirti Vardhan Singh, released India's updated National Biodiversity Strategy and Action Plan (NBSAP), at the 16th meeting of the Conference of Parties (COP 16) to the Convention on Biological Diversity (CBD). The document was released during a special event called 'Roadmap for achieving the Kunming-Montreal Global Biodiversity Framework (KMGBF) targets and release of India's updated NBSAP', on 30th October 2024, in Cali, Colombia.

The event witnessed the distinguished presence of Mauricio Cabrera, Vice-Minister of Environment and Sustainable Development, Colombia; Kandya Obezo, Vice-Minister of Multilateral Affairs, Colombia; and Astrid Schomaker, Executive Secretary, CBD; Tanmay Kumar, Special Secretary, Ministry of Environment, Forest and Climate Change, Government of India, and C. Achalender Reddy, Chairman, National Biodiversity Authority.

During the event, Kirti Vardhan Singh stated that the updated NBSAP, aligned with the KMGBF, is a vital roadmap to address the strategies to halt and reverse biodiversity loss by 2030, with a longer-term vision of living in harmony with nature by 2050. He highlighted that India had adopted the 'Whole-of-Government' and 'Whole-of-Society' approach in updating its NBSAP. The Minister further highlighted that the updated NBSAP acknowledges environmental challenges and outlines strategies to address them through ecosystem restoration, species recovery programmes, and community-driven conservation efforts focusing on the restoration of degraded ecosystems, the protection of wetlands, and the sustainable management of marine and coastal areas.

Special Secretary, MoEFCC, emphasized India's governance framework for biodiversity conservation, exemplified by the Biological Diversity Act of 2002 and its amendments of 2023. This framework includes a three-tier institutional structure comprising the National Biodiversity Authority, State Biodiversity Boards, and local Biodiversity Management Committees, ensuring effective implementation at all levels. The MoEFCC serves as the central agency responsible for coordinating biodiversity conservation efforts across India. The NBSAP update was driven by an extensive consultative process, led by MoEFCC and involving 23 central Ministries, multiple Departments, State-level organizations, communities, and other stakeholders. The updated NBSAP aligns with the Kunming-Montreal Global Biodiversity Framework, setting 23 national biodiversity targets through an extensive consultative process involving diverse stakeholders.

It was further informed that India's updated National Biodiversity Strategy and Action Plan (NBSAP) had been prepared under the able and constant guidance of Bhupender Yadav, Union Minister for Environment, Forest and Climate Change, and Leena Nandan, Secretary, MoEFCC. The updated NBSAP emphasizes the adoption of a transformative approach and focuses on an ecosystem-based management approach, a bottom-up approach for implementation, mainstreaming biodiversity, sectoral integration, and inter-agency cooperation. It also provides insight into the current status of biodiversity across India and trends therein, existing policy and institutional framework, biodiversity expenditure, and potential biodiversity finance solutions.


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