The Government has appointed Dr V. Anantha Nageswaran as the Chief Economic Advisor and today, he has assumed charge, just ahead of presenting the Annual Economic Survey and also the Union Budget. Prior to this appointment, Dr. Nageswaran has worked as a writer, author, teacher and consultant. He has taught at several business schools and institutes of management in India and in Singapore and has published extensively. He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Krea University. He has also been a part-time member of the Economic Advisory Council…
Author: Editor's Desk, Tattva News
Israeli Ambassador to India Naor Gilon called on the Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar at Krishi Bhawan. Welcoming the Ambassador, Tomar expressed happiness on the completion of 30 years of diplomatic relations between India and Israel. The Minister expressed satisfaction at the functioning of 29 Centers of Excellence in 12 States which are producing more than 25 million vegetable plants, over 387 thousand quality fruit plants and can train more than 1.2 lakh farmers per year. Tomar informed that it has been decided to convert 150 villages around the Centers of Excellence into Villages of…
Appreciating the release of three digital media workers in Myanmar recently, the global media safety and rights body Press Emblem Campaign (PEC) maintains its demand to the Burmese junta for unconditional release of all detained journalists in the south-east Asian country. The military rulers of Myanmar (also known as Burma and Brahmadesh) detained over 125 scribes since the February 1, 2021 military coup that deposed the democratically elected Aung San Suu Kyi-led government in Naypietaw and over 40 are still behind the bars. The Min Aung Hlaing-led military junta (also known as Tatmadaw) arrested two reporters (Ko Zaw and Ma Moe Myint) along with a graphic designer (Ko…
Union Minister of State for Culture Smt. Meenakashi Lekhi released a pictorial book on India’s Women Unsung Heroes of Freedom Struggle as part of Azadi ka Mahotsav , in New Delhi. The book has been released in partnership with Amar Chitra Katha which is a household name in India. Addressing the occasion, Smt Meenakashi Lekhi said that the book celebrates the lives of some of the women who led the charge and lit the flame of protest and rebellion throughout the country. It contains the stories of queens who battled colonial powers in the struggle against imperial rule and women…
Prime Minister Narendra Modi flagged Afghanistan as a common concern and said that their “mutual cooperation has become even more important for regional security and stability”. Two days after China held a virtual summit with Central Asian countries, India too stepped in and Prime Minister Modi pitched for “an integrated approach for regional connectivity and cooperation for the next 30 years”. He asserted that Central Asia is central to India’s vision of an integrated and stable extended neighbourhood. Addressing the first India-Central Asia Summit hosted by him, in a virtual format, he called for defining an ambitious vision for cooperation between India and Central Asia…
The Union Budget 2022-23 is to be presented by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 1st February, 2022 in Paperless form. To mark the final stage of the Union Budget making process, sweets were provided to the core staff due to undergo “lock-in” at their workplaces, instead of a customary Halwa ceremony every year in view of the prevailing pandemic situation and the need to observe health safety protocols. To maintain the secrecy of the Budget, there is a “lock-in” of the officials involved in making the Budget. Budget Press, situated inside North Block, houses all…
The National Regulator, Drugs Controller General of India (DCGI), has given nod to market authorization of two COVID19 vaccines, Covaxin and Covishield subject to certain conditions. The Subject Expert Committee (SEC) of the Central Drugs Standard Control Organization (CDSCO) had recommended for upgradation of status for the vaccines from restricted use in emergency situations to grant of new drug permission with conditions in the adult population on 19th January 2022. The market authorization of two COVID19 vaccines, Covaxin and Covishield, in the country by DCGI is subject to the following conditions: 1. Firms shall submit data of overseas ongoing clinical…
The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore from the Strategic Partner (M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt Ltd), retaining debt of Rs 15,300 crore in Air India and AIXL and transferring shares of Air India (100% shares of Air India and its subsidiary AIXL and 50% shares of AISATS) to the Strategic Partner. It is pertinent to mention that following Government’s approval of the highest price bid of M/s Talace Pvt Ltd for strategic disinvestment of Air India, the Letter of…
Speaking on the new varieties developed by the ICAR Union Agriculture Minister, Narendra Kumar Tomar said that States should use new varieties of seeds for better production of summer crops. The Minister also asked States to plan in advance for their fertilizers needs and provide estimates to the center so that the fertilizer department can provide sufficient fertilizers timely. Addressing the National conference on Agriculture for Summer Campaign 2021-22 through video-conferencing, he also suggested that States should increase the use of NPK and liquid urea and reduce the dependence on DAP fertilizers. Regarding training to the farmers, the Agriculture Minister asked Krishi Vigyan…
India’s exports of Electronic Goods touched USD 1.67 Billion last month, registering a growth of 33.99% over $1.25 Bn logged in December 2020. During April-December 2021, the Sector Exports registered a growth of 49% to USD 11.0 Billion (Provisional) over USD 7.4 Billion during the same period in the year 2020. As compared to April-December 2019 (USD 8.8 Billion) and April-December 2014 (USD 4.8 Billion), exports of Electronic Goods registered a growth of 26% and 131% respectively. Top 5 export destinations in April-November 2021 (latest available, share% in bracket) are: U S A (18%), UAE (16.6%), China (7.6%), Netherland (4.5%) &…