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June 7th 2019 PIB:-Download PDF Here
MCA & SEBI sign MOU
Context
- A formal Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for data exchange between the two regulatory organizations.
Significance of MOU
- The MoU comes in the wake of increasing need for surveillance in the context of Corporate Frauds affecting important sectors of the economy.
- As the private sector plays an increasingly vital role in economic growth, the need for a robust Corporate Governance mechanism becomes the need of the hour.
About MOU
- The MoU will facilitate the sharing of data and information between SEBI and MCA on an automatic and regular basis.
- It will enable sharing of specific information such as details of suspended companies, delisted companies, shareholding pattern from SEBI and financial statements filed with the Registrar by corporates, returns of allotment of shares, audit reports relating to corporates.
- The MoU will ensure that both MCA and SEBI have seamless linkage for regulatory purposes.
- In addition to regular exchange of data, SEBI and MCA will also exchange with each other, on request, any information available in their respective databases, for the purpose of carrying out scrutiny, inspection, investigation and prosecution.
Union Minister inaugurates first-ever World Food Safety Day
Context
Harsh Vardhan, Union Minister of Health and Family Welfare inaugurates the first-ever World Food Safety Day being celebrated by Food Safety and Standards Authority of India (FSSAI)
World Food Safety Day
The first-ever World Food Safety Day, adopted by the United Nations General Assembly in December 2018 will be celebrated on 7 June 2019.
WHO, in collaboration with the Food and Agriculture Organization of the United Nations (FAO) is pleased to facilitate Member States effort to celebrate the World Food Safety Day.
Access to sufficient amounts of safe and nutritious food is key to sustaining life and promoting good health.
Food safety is key to achieving several UN Sustainable Development Goals and is a shared responsibility between governments, producers and consumers.
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