Governance

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China Alarmed as Lutyens Logic Weakens Hold on India

Such patently aggressive action has its roots in the confidence of the Chinese Communist Party (CCP) leadership that the Lutyens Zone can be relied upon to block the robust responses needed to ensure that the costs (not just to the PLA but to the PRC in its entirety) of hostile actions on the Sino-Indian border are too high to justify before the Chinese people.

National Pension System Adds 1.03 Lakh Subscriptions for Q1, FY2020-21 in Private Sector

The National Pension System (NPS), a flagship defined contribution pension scheme of the Government of India, has released its subscription numbers for the first quarter of 2020-21. The scheme’s subscriber base has registered a growth of 30% whereby 1.03 lakh individual subscribers from the private sector and 206 corporates were enrolled during the 1st quarter, resulting in a total of 10.13 lakh corporate subscribers in the age group of 18 to 65 years.

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.