Govt okays sops for leather sector, waives fee for small digital payments

The Cabinet approved a Bill to replace the Medical Council of India with a more representative and wider National Medical Commission

The Cabinet on Friday cleared a Rs 2,600-crore proposal to boost job creation in the leather industry, lowered the merchant discount rate (MDR) on transactions up to Rs 2,000 through debit cards, BHIM UPI or Aadhaar-enabled payment systems to promote digital transactions, and approved a series of Bills, including one amending the Specific Relief Act to smoothen enforcement of contracts. 

The Cabinet also approved a Bill to replace the Medical Council of India with a more representative and wider National Medical Commission.

The Cabinet also approved another Bill to amend the Negotiable Instruments Act, 1881, to provide for interim