Team ALA Legal Archive

Big Boost for Entrepreneurs as Central Government redefines criteria for enterprises to be classified as MSME

The Ministry of Micro, Small and Medium Enterprises has recently issued a Notification dated 1st June, 2020, notifying the criteria for classification of micro, small and medium enterprises. Vide the said Notification, the Government has significantly amended the criteria for an enterprise to be classified as Micro, Small and Medium Enterprises. The announcement for the …

Government Has No Business Being in Business – Economic Survey reiterates Modi’s Minimum Government and Maximum Governance pledge

Key Highlights of Economic Survey 2019-20 Theme of the Survey: Wealth Creation: The Invisible Hand Supported by the Hand of Trust India’s aspiration to become a $5 trillion economy depends critically on: Strengthening the invisible hand of the market by promoting pro-business policies. Introducing the idea of trust as a public good, which gets enhanced …

Resolution of Disputes Arising Out of International Trade – Facilitated by DGFT

RESOLUTION OF DISPUTES ARISING OUT OF INTERNATIONAL TRADE TO BE FACILITATED BY DGFT: ONLINE METHODOLOGY INTRODUCED EFFECTIVE FROM 11.02.2019 INTRODUCTION Maintaining an enduring relationship with foreign buyers and suppliers is of utmost importance to create confidence in the business environment of India. So, whenever any disputes related to International trade arise, it is in the …