The Ministry of External Affairs of the Government of India in association with Confederation of Indian Industries (CII) is hosting the 1st BIMSTEC Business Summit in New Delhi from on August 6 to 8, 2024.
The first edition of the Business Summit aims to foster greater regional collaboration through robust trade and investment relations among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
The Business Summit was inaugurated by External Affairs Minister S. Jaishankar. Minister of Commerce and Industries Piyush Goyal and other leaders delivered key note addresses. Several Ministers of the BIMSTEC Member States from the ambit of Trade, Commerce and Industry, as well as Energy, along with high-ranking Government officials, policy makers, entrepreneurs and industry associations participated in the event.
The BIMSTEC member states Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand are among the countries dependent on the Bay of Bengal.
Nagaland Govt, SBI General Insurance Ink MoU on Disaster Risk Management Solution
Nagaland Chief Minister Neiphiu Rio said that his government and SBI General Insurance inked an MoU for Disaster Risk Transfer Parametric Insurance Solution (DRTPS), making Nagaland the first state in the country to implement a disaster risk management insurance solution.
Disaster Risk Transfer Parametric Insurance Solution (DRTPS) will aid in protecting the state's critical infrastructure and reduce economic losses due to a disaster.
The Memorandum of Understanding was signed for a period of three years with immediate effect.
The signing of the MoU was held at the Chief Minister's Office here between the officials of SBI General Insurance and the Nagaland State Disaster Management Authority (NSDMA).
PM Marks 5 Years of Abrogation of Articles 370 and 35(A)
On the fifth anniversary of the abrogation of Articles 370 and 35(A), Prime Minister Narendra Modi highlighted the decision as a pivotal moment in Indian history, marking the beginning of a new era of progress and prosperity for Jammu and Kashmir (J&K) and Ladakh. He emphasised that the abrogation ensured the full implementation of the Indian Constitution in these regions, aiming to enhance security, dignity, and development opportunities for marginalised communities while reducing corruption.
August 5, 2019: The Parliament of India abrogated Articles 370 and 35(A), which previously granted special status to Jammu and Kashmir, resulting in its reorganisation into two Union Territories—Jammu and Kashmir, and Ladakh.
Aug 05, 2024
PM Inaugurates the 32nd International Conference of Agricultural Economists
The Prime Minister, Shri Narendra Modi inaugurated the 32nd International Conference of Agricultural Economists (ICAE) at National Agricultural Science Centre (NASC) Complex, New Delhi. Around 1,000 delegates from around 75 countries took part in the conference.
The theme for this year's conference is, 'Transformation Towards Sustainable Agri-Food Systems'.
It aims to tackle the pressing need for sustainable agriculture in the face of global challenges such as climate change, natural resource degradation, rising production costs and conflicts. It aims to strengthen partnerships between research institutes and universities, influence policymaking on both national and global scales, and showcase India's agricultural progress, including advancements in digital agriculture and sustainable agri-food systems.
Former Jharkhand Minister Saryu Roy Joins JD(U)
Former Jharkhand Minister Saryu Roy joined the JD(U), an independent MLA from Jamshedpur East, joined the party in the presence of senior JD(U) leaders and Ministers Shrawan Kumar and Ashok Choudhary, who is also the JD(U)'s in-charge for Jharkhand.
This development followed a meeting between Roy and Bihar Chief Minister Nitish Kumar, during which the MLA hinted at a potential alignment with JD(U) ahead of the Jharkhand assembly elections later this year (2024).
Roy, a former BJP leader, left the party before the 2019 assembly elections and achieved a notable victory over the then CM Raghubar Das, in whose cabinet he had previously served.
Roy is recognised for his role in exposing the fodder scam that significantly impacted the government of undivided Bihar in the 1990s, led by RJD president Lalu Prasad, who was later convicted.
Aug 04, 2024
New Delhi Hosts Landmark Event for Yuga Yugeen Bharat Museum
The GLAM (Galleries, Libraries, Archives and Museums) Division of the Union Ministry of Culture orchestrated a significant three-day event in New Delhi from August 1-3, 2024. The 'State Museum Conclave on the upcoming Yuga Yugeen Bharat Museum' marks a pivotal moment in India's cultural landscape, bringing together key stakeholders to discuss the ambitious project of creating the world's largest museum in the heart of the nation's capital.
The conclave inaugurated by Union Minister for Culture and Tourism Gajendra Singh Shekhawat drew a diverse and influential audience.
This assemblage of experts underscores the national importance of the project and the collaborative approach being adopted in its conception.
The Yuga Yugeen Bharat Museum: A Monumental Vision
The centrepiece of the conclave was the discussion surrounding the Yuga Yugeen Bharat Museum, set to become the world's largest museum. Key features of this ambitious project include:
Location: North and South Block area, near Raisina Hill, New Delhi
Area: Spanning an impressive 1,54,000 square meters
International Collaboration: Being developed in partnership with France
Significance: Part of the larger Central Vista Redevelopment project
Aug 03, 2024
President Murmu Chairs Two-day Governors' Conference
President Droupadi Murmu inaugurated a two-day conference of Governors at the Rashtrapati Bhavan in Delhi.
In her opening remarks at the conference, President Murmu said that the agenda for the conference included carefully chosen issues that are crucial in achieving our national goals.
The inaugural session of the conference was also addressed by Prime Minister Narendra Modi, Vice President Jagdeep Dhankhar, and Union Home Minister Amit Shah, who referred to the oath of the Governors and urged them to discharge their constitutional responsibilities of making people aware of social welfare schemes and the development that has taken place during the last decade.
Addressing the conference, PM Narendra Modi urged the Governors to play the role of an effective bridge between the Centre and the State and interact with people and social organisations in a manner to co-opt those underprivileged.
Aug 02, 2024
Gujarat Unveils GRIT: A New Era in State-Level Policy Planning
In a significant move towards enhancing Gujarat's development trajectory, Chief Minister Bhupendra Patel announced the creation of the Gujarat State Institution for Transformation (GRIT), a state-level think tank modelled after the NITI Aayog. This announcement came during the NITI Aayog governing council meeting, chaired by Prime Minister Narendra Modi, marking a new chapter in Gujarat's approach to policy formulation and implementation.
India, Vietnam Sign Several MoUs to Enhance Bilateral Ties
India and Vietnam adopted an action plan to expand their strategic ties with Prime Minister Narendra Modi vowing to work jointly for a rules-based Indo-Pacific and asserting that New Delhi supports development and not expansionism in remarks that came amid concerns over China's military posturing in the region.
The two sides signed six memorandums of understanding (MoUs) and finalised three other documents to broadbase cooperation in a range of areas following wide-ranging talks between PM Modi and Vietnamese Prime Minister Pham Minh Chinh.
It was also decided that India will provide USD 300 million credit line to Vietnam primarily to strengthen the Southeast Asian nation's maritime security.
An agreement was sealed between the central banks of the two countries for rolling out digital payment connectivity.
Women Entrepreneurship Program Launched
In a pivotal move towards empowering women entrepreneurs and spurring economic growth, the National Skill Development Corporation (NSDC) unveiled the Women Entrepreneurship Program. This program is designed to address the distinct challenges that women face when starting and growing businesses.
In partnership with Britannia Industries Limited, the initiative will also offer financial grants and feature their products and services on the Skill India Digital Hub, reflecting a strong commitment to fostering an inclusive environment for women entrepreneurs. At the launch of this program, Atul Kumar Tiwari, Secretary, Ministry of Skill Development & Entrepreneurship said that it is our privilege that Britannia has partnered with us, focusing on women entrepreneurship.
This initiative aims to empower approximately 25 lakh women across India, providing them with the skills, knowledge, and resources needed to start and grow successful businesses.
The program has been launched with the introduction of complimentary self-learning basic entrepreneurship courses available in multiple languages on the Skill India Digital Hub (SIDH).
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