4th and 5th January 2017
1)The Union Cabinet gave its approval for signing of an Agreement for cooperation in the field of Agriculture and allied sectors between India and Portugal.
The Agreement covers various activities in these fields which include exchange of scientific and technical information, trade in plants and plant products, exchange of information in phytosanitary issues, training programmes, seminars and visits of experts and consultants.
2)Major Initiatives and Achievements of Department Of Industrial Policy & Promotion – 2016.
1)India has replaced China as top destination for foreign direct investment by attracting $63 billion worth FDI projects in 2015
Read more at ECONOMIC TIMES
ii)Investment Promotion:
Make In India
Ease of Doing Business The World Banks’ Doing Business 2017 report shows that for the first time the absolute score of ‘Distance to Frontier’ that measures the gap between India and the global best practice has increased for two consecutive years. It has improved by 2.5% from 55.27 to 53.93 over the last one year.
Start-up India
3)Anil Baijal is the New LG of New Delhi.
4)350th birth anniversary celebrations of Shri Guru Gobind Singh Ji Maharaj.
5)Festival of India being Organized in Cambodia from 10th January to 16th February, 2017.
MAINS QUESTIONS:
1) What are the Similarities and Differences between FDI and FII ?? Do You think that over emphasising on FDI is a good move??
2)Do you think that latest Successful Launches of Agni-IV and V will shift the strategic balance of Power in Asia?? Give Reasons to support your answer.
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