GoI permits up to 74% FDI under automatic route in Defence Sector

On September 17, 2020, the Government of India permitted Foreign Direct Investment of 74 percentage under automatic route in defence sector. This is being done to attract more overseas investors in the defence industry. Highlights Till date, the Government of India has permitted 100% foreign investments in the defence sector. Of this 49% were allowed under ..

Month: Current Affairs - September, 2020

Category: Defence Current Affairs

Topics: Atma Nirbhar Bharat Abhiyan • Defence exports • Defence industry of India • DPIIT • Foreign direct investment • Geographical Indications • Industrial corridor • North East India • Reforms • self reliant india

Kashmir Saffron receives GI Tag

The Saffron cultivated in the Kashmir valley has received Geographical Indication Tag. It is to be noted that three other products such as Gorakhpur Teracotta, Kovilpatti Kadalai Mittai and Black rice of Manipur also received GI tag recently. About Kashmir Saffron The Saffron cultivated in Kashmir is long, thick and has natural deep red colour. ..

Month: Current Affairs - May, 2020

Category: Places in News Current Affairs

Topics: Geographical indication • Geographical Indication Registry • Geographical Indication tag • Geographical Indications • GI tag • GI Tagline • Saffron

GI Tag to Manipur Black Rice, Gorakhpur Terracotta and Kovilpatti Kadalai Mittai

On April 30, 2020, Black rice of Manipur, also called the Chak-Hao, Gorakhpur Terracotta and Kadalai Mittai of Kovilpatti bagged Geographical Indication tag. Highlights The application to receive Geographical Status for Chak Hao was initiated by North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC). Black rice This rice variety has a deep black colour and ..

Month: Current Affairs - May, 2020

Category: India Nation & States Current Affairs

Topics: Geographical indication • Geographical Indication Registry • Geographical Indication tag • Geographical Indications • GI tag • GI Tagline • North East Development

State-Level Orange Festival begins in Manipur

The Chief Minister of Manipur, N.Biren Singh inaugurated a three-day State-level Orange Festival in Manipur on Monday, 16th December 2019. The festival is conducted at the district headquarters of Tamenglong, Tamenglong district is the largest producer of the fruit orange in Manipur. The state-level festival is organized annually by the state government of Manipur under ..

Category: States Current Affairs

Topics: Chief Minister • Geographical Indications • Government of India • Manipur • Ministry of Commerce and Industries • N. Biren Singh

GI Tag accorded to three new products

Geographical Indications Registry under Department for Promotion of Industry and Internal Trade (DPIIT) has accorded Geographical Indication (GI) tag to Tirur betel leaf from Kerala, Tawlhlohpuan fabric and Mizo Puanchei shawl/textile from Mizoram. GI product is recognised as originating from specific geographical origin possessing qualities or reputation related to its origin. This tag is exclusive ..

Month: Current Affairs - August, 2019

Category: Economy & Banking Current Affairs

Topics: Department for Promotion of Industry and Internal Trade • DPIIT • Economy • Geographical Indications • Geographical Indications Registry • GI tag • Kerala • Mizo Puanchei shawl • Mizoram • Tawlhlohpuan fabric • Tirur betel leaf