In order to lay emphasis on Enforcement of Contracts and Conciliation Mechanism, NITI Aayog hasconstituted two Task Forces. The Task Force for Enforcement of Contracts will give its recommendation for a policy framework for Enforcement of Contracts andthe Task Force on Conciliation Mechanism will give its recommendation for an effective Conciliation Mechanism.
The Task Force for Enforcement of Contracts has been constituted with the participation from key Ministries/Departments of the Government of India and certain State Chief Secretaries.
The Vice Chairman, NITI Aayog will be the Chairman of the Task force and CEO, NITI Aayog will be the Member Secretary of the Task Force. Secretary, DPIIT, Secretary, DEA, Secretary, Revenue, Secretary, Department of Commerce, Chief Secretary (Maharashtra), Chief Secretary (Gujarat), Chief Secretary (Andhra Pradesh), Chief Secretary (Tamil Nadu), Chief Secretary (Uttar Pradesh) and any other member(s) as may be co-opted will be Member of the Task Force. The Task Force will submit its report within 6 (six) months of its constitution.
Terms of Reference of the Task Force will be as follows:
In order to facilitate speedy resolution of contractual disputes between Government Entities and private investors/contractors inter alia to augment ease of doing business, it has been decided to constitute a Task Force with participation from key Ministries/Departments of Government of India to recommend an effective Conciliation Mechanism.The Conciliation Mechanism Task Force has been constituted with participation from key Ministries/Departments of Government of India.
The CEO, NITI Aayog will be the Chairman of the Task force. Secretary, DPIIT, Secretary, DEA, Secretary, Department of Legal Affairs, Chairman & CEO, Railway Board, Secretary, MoRTH, Secretary, Civil Aviation, Secretary, Power, Secretary, MNRE, Chairman, NHAI and any other member(s) as may be co-opted will be Member of the Task Force. The Task Force will submit its report within 3 (three) months of its constitution.
Terms of Reference of the Task Forcewill be as under:
*****
DS /AKJ
Also See:
At this years Tuneland Music Festival, held in GIFT City, Gandhinagar, Kody Technolab Limited introduced…
As summer begins, it is important to indulge in a hair care routine that shields…
Recognize, Innovate, and Accelerate - that is the ultimate motto of RIA Advisory LLP, a…
Oralium, one of India's leading aluminium building materials brands, has appointed Eggfirst as its creative,…
The Master Mentors Geo-enabling Indian Scholars (MMGEIS) program, which is the brainchild of Esri India,…
Truecaller, the world's leading global communications platform, announces the launch of TrueTalks Community to connect…