Varun Dambal

Retail investors in India invest in shares through stockbrokers. The stockbrokers collect mandatory KYC data which includes the basic details of the shareholder, bank account details, and also a Power of Attorney. The Power of Attorney is executed by share brokers on behalf of shareholders to debit the shares from the trading account of the respective shareholders.

It is suggested to do away with executing the physical Power of Attorney, though it is a voluntary option for the shareholders. It is otherwise suggested to enable the execution of share transfers through the online mode by enabling the facility of electronic delivery instruction slip or E-DIS slips.

The online transfer of shares otherwise doesn’t require the execution of a Physical POA. The same will ensure a seamless transition and hassle-free share transfer process through the online mode.

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The recent move by the Indian Railways to supply liquid oxygen through train transportation is welcome. It is also welcome to know that many nations across the world have rendered India a helping hand through the supply of oxygens by air freight and ship cargo. The move comes at a time when the nation is gripping with a short supply of oxygen across various hospitals and medical institutions.

Hospitals and medical administrators should take necessary precautions to stock up oxygen supply on a priority basis and provide them to needy persons across various hospitals.

The stakeholders should also ensure that friendly policies are framed to facilitate the availability of in-house oxygen production and supply along with justified distribution across hospitals. Ease of doing business should be facilitated for uninterrupted supply of liquid medical oxygen through foreign imports also.

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It is highly appreciable regarding the recent decision taken by the Hon’ble Finance Minister to go paperless for the current session commencing of Budget 2021. The move to go paperless is much needed and a late move aimed at improving the productivity in the Parliament house. The move may help to emulate the currently followed paperless system in the other parliamentary bodies like the European Union, United Nations General Assembly, etc.

Further, the Hon’ble Ministry of Finance is suggested to promote its activities through extensive outreach programs across various social media channels and PIB News Website, thus depending less on the paper-based communication system. The move will only result in effective communication, promote extensive outreach and foster a better and productive business environment.

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Varun Dambal

Varun Dambal

Mr. Varun is a freelancer working as a passionate Marketing and Communications Specialist. He has a keen interest in current affairs and media research