Kautilya

Export of Drug Formulations and Biologics Registers Continuous Growth Over Past Three Years

The measures taken by Department of Commerce to promote exports include various schemes under the Foreign Trade Policy (FTP), assistance under the Market Access Initiative (MAI) scheme, setting up district export hubs, Transport and Market Assistance Scheme etc. Trade delegations/buyer-seller meets with various countries are regularly organized for the benefit of exporters. Airfare support is also provided to the exporters with a turnover of Rs.30 crore and below to encourage participation in business delegations/trade fairs.

Commencement Of Sea Trials Of Indigenous Aircraft Carrier ‘Vikrant’

Indigenous Aircraft Carrier (IAC) ‘Vikrant’ designed by Indian Navy’s Directorate of Naval Design(DND) is being built at Cochin Shipyard Limited(CSL), a Public Sector Shipyard under Ministry of Shipping(MoS).   IAC is a leading example of the nation’s quest for “Atma Nirbhar Bharat” with more than 76% indigenous content. This is the maiden attempt of the Indian Navy and Cochin Shipyard to indigenously design and build an Aircraft Carrier. 

Cabinet Approves MoU between IIST and TU Delft, the Netherlands for Research Collaboration

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) between Indian Institute of Space science and Technology (IIST) and The Delft University of Technology (TU Delft), for carrying out the Academic programmes and Research activities involving students and faculty members in each institution signed on April 09, 2021 and May 17, 2021 at respective institutes and exchanged by email.