Governance

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India Ideas Summit: Mike Pompeo, S Jaishankar, Nirmala Sitharaman to Address Virtual Summit

US Secretary of State Mike Pompeo, External Affairs Minister S Jaishankar and Union Finance Minister Nirmala Sitharaman will address a star-studded virtual summit next week on building a better future for both the countries and the world, amidst the COVID-19 and China’s aggressive actions. The two-day virtual India Ideas Summit of the powerful US India Business Council (USIBC) would be held on July 21 and 22.

Aatma Nirbhar Bharat Package – Progress So Far

Hon’ble Prime Minister Mr Narendra Modi on May 12, 2020 announced the Special economic and comprehensive package of Rs 20 lakh crore (US$ 283.73 billion) – equivalent to 10 per cent of India’s GDP – to fight COVID-19 pandemic in India. He gave a clarion call for Aatma Nirbhar Bharat or Self-Reliant India Movement. He also outlined five pillars of Aatma Nirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand.

Dr. Harsh Vardhan Releases White Paper on ‘Focused Interventions for ‘Make in India’

Dr. Harsh Vardhan, Union Minister for Science & Technology, Health and Family Welfare and Earth Sciences today released a white paper on “Focused Interventions for ‘Make in India’: Post COVID 19” and “Active Pharmaceutical Ingredients: Status, Issues, Technology Readiness and Challenges”, prepared by Technology Information, Forecasting and Assessment Council (TIFAC), at a virtual function, here.

Cabinet Approves the Proposal to Extend the EPF Contribution 24% for Another 3 Months

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has given its approval for extending the contribution both 12% employees’ share and 12% employers’ share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.

Indian Navy Completes “Operation Samudra Setu”

Operation Samudra Setu, which was launched on 05 May 2020 as part of the national effort to repatriate Indian citizens from overseas during the COVID-19 pandemic has culminated after successfully bringing 3,992 Indian citizens back to their homeland by sea. Indian Naval Ships Jalashwa (Landing Platform Dock), and Airavat, Shardul and Magar (Landing Ship Tanks) participated in this operation.

Cabinet Approves Capital Infusion for the Three Public Sector General Insurance Companies

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the capital infusion for an overall value of Rs.12,450 crore; (including Rs. 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs) namely Oriental Insurance Company Limited (OlCL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL)