Diplomacy

News articles and essays on the Indian diplomacy at work around the world.

56,368 New Houses Approved Under PMAY(U)

Construction of 56,368 houses have been approved under PMAY-U at 53rd Central Sanctioning and Monitoring Committee Meeting held here last evening. These houses are proposed to be constructed under various verticals of PMAY-U Mission. A total of 11 States/UTs attended the meeting.

Prime Minister Attends the National Day Programme

Prime Minister Shri Narendra Modi, during his two-day visit to Bangladesh attended as Guest of Honour, the Golden Jubilee of Independence of Bangladesh along with President of Bangladesh, His Excellency Mr Mohammad Abdul Hamid; Prime Minister of Bangladesh, Her Excellency Sheikh Hasina; Sheikh Rehana, younger daughter of Sheikh Mujibur Rahman; Chief Coordinator of the National Implementation Committee for the Celebration of Mujib Borsho, Dr Kamal Abdul Naser Chowdhury and other dignitaries. This event took place in National Parade Square, Tejgaon. It also commemorated the birth centenary of Father of the Nation of Bangladesh, Bangabandhu Sheikh Mujibur Rahman.

Bill to Increase FDI in Insurance Sector Gets Parliament’s Nod

On Monday, the parliament approved a bill to increase foreign direct investment (FDI) in the insurance sector from 49% to 74%. Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman, who is piloting the Bill, stated that increasing the FDI limit in the insurance sector will support insurers in boosting additional funds and overcoming financial issues.

Govt Plans Scheme for Companies Making Display Units in India

Following the announcement of incentive schemes for mobile and IT hardware manufacturing, the government now is considering a major scheme for establishing display fabrication units in India. The Ministry of Electronics and Information Technology (MeitY) has requested expressions of interest (EoIs) from organisations interested in establishing LCD/OLED/AMOLED/QLED-based display fabrication units in India.