Year: 2020

Foreign Direct Investment(FDI) Policy in Defence Sector

News: Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry has issued the revised Foreign Direct Investment (FDI) Policy in Defence Sector. Facts: Present Position:        Sector/Activity     % of Equity/ FDI Cap       Entry Route Defence Industry subject to Industrial license under the Industries(Development &… Continue reading Foreign Direct Investment(FDI) Policy in Defence Sector

India has Air Bubble Agreements with 10 Countries

News: India has entered into Air Bubble agreements with 10 countries viz. USA, Canada, France, Germany, UK, Maldives, UAE, Qatar, Afghanistan and Bahrain. Facts: Air Bubble:These are temporary agreements between two countries aimed at restarting commercial passenger services when regular international flights are suspended as a result of the COVID-19 pandemic. They are reciprocal in… Continue reading India has Air Bubble Agreements with 10 Countries

IBSA grouping issue joint statement calling for UNSC reforms

News: External Affairs Minister of India has chaired the India-Brazil-South Africa(IBSA) Foreign Ministers meet.  Facts: The countries called for accelerated and comprehensive reforms of the United Nations Security Council(UNSC). They also agreed to extend their support to African Union in accordance with the Ezulwini Consensus and Sirte Declaration. Ezulwini Consensus and Sirte declaration: It was… Continue reading IBSA grouping issue joint statement calling for UNSC reforms

In a first, eight Indian beaches recommended for ‘Blue Flag’ eco-label

News: Union Environment Ministry has announced that the Indian Government has recommended eight Indian beaches for the “Blue Flag” certification. Facts: The eight beaches are Shivrajpur in Gujarat, Ghoghla in Daman & Diu, Kasarkod and Padubidri beach in Karnataka, Kappad in Kerala, Rushikonda in Andhra Pradesh, Golden beach of Odisha and Radhanagar beach in Andaman… Continue reading In a first, eight Indian beaches recommended for ‘Blue Flag’ eco-label

India ranks 116 in World Bank’s Human Capital Index

News: The World Bank has released the annual Human Capital Index(HCI). Facts: Human Capital Index: It was launched in 2018 as part of the Human Capital Project(HCP), a global effort to accelerate progress towards a world where all children can achieve their full potential. Aim: It measures how much capital each country loses through lack… Continue reading India ranks 116 in World Bank’s Human Capital Index

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