Trade and investment
Vision India@2047
The Government of India is to finalize the 2047 plan by May 2022. The plan is being framed by a Sectoral Group of Secretaries. That is, the sectaries are from ten different sectors. They will draw a plan that will ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
India-South Korea bilateral trade target
India and South Korea have set to achieve bilateral trade target of 50 billion USD by 2030. The target was set during the summit held in 2018. Recently, the foreign ministers of the respective countries met to discuss on terms ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
India-UK Roadmap 2030 and Enhanced Trade Partnership
The Indian Prime Minister Narendra Modi and the UK Prime Minister Boris Johnson held a virtual bilateral summit. During the summit, the leaders adopted an ambitious “Roadmap 2030”. This will help to elevate the bilateral ties between the countries. Also, ..
Month: Current Affairs - May, 2021
New Foreign Trade Policy
The Union Ministry of Commerce and Industry recently announced that the new Foreign Trade Policy. 2021-26 is to come into effect from April 1, 2021. What is the goal of New Foreign Trade Policy? To make India a 5 trillion ..
Month: Current Affairs - January, 2021
Central Investment Clearance Cell
The Government of India recently announced that the Central Investment Clearance Cell is to be launched by April 2021. The Centralised Investment Clearance Cell was announced as an integral part of the single window system. The Single Window System is ..
Month: Current Affairs - December, 2020
Union Cabinet: MoU between India and Spain in Astronomy approved
On November 4, 2020, the Union Cabinet chaired by PM Modi approved the Memorandum of Understanding signed between India and Spain. The MoU will facilitate scientific and technical collaborations between the countries in the field of Astronomy. Key Highlights The ..
Month: Current Affairs - November, 2020
BRICS Business Forum held: Key Facts
The BRICS Business Forum was held recently through video conferencing. The BRICS Business council held the forum. The council was formed in 2013 summit in Durban. Since its establishment, the primary task of BRICS Business council is to increase trade ..
Month: Current Affairs - November, 2020
Plastic Parks Scheme: Key Facts
The Ministry of Chemicals and Fertilizers has recently approved to set up ten plastic parks in the country. The parks are being set up under the Plastic Park scheme that was launched in 2019. The plastic parks or to be set ..