The government has said that it has de-reserved 14 more items meant to be exclusively manufactured by the small scale units, in a move to enable them compete globally. With the latest tranche of de-reservation, only 21 items remain exclusive for SSI units. The process of dereservation, which was accelerated since 2005, is nearing completion. "From 2005 onward, government has de-reserved 579 items," a commerce ministry statement said.
Recently, in a landmark judgment by the Supreme Court in the case of Bank of Baroda v. Kotak Mahindra Bank, the Apex Court has determined over the limitation period applicable for executing a forei More
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