infrastructure Current Affairs, GK & News

Inter-Ministerial Committee set up to strengthen Capital Goods Sector

On November 11, 2020, the Government of India set up an inter-ministerial committee to strengthen capital goods sectors. This will help India achieve its goal of becoming a 5 trillion USD economy. Highlights The Government of India has set up a 22-member inter-ministerial committee to strengthen Capital Goods Sector. The committee will look into issues ..

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CCEA grants Rs 8,000 crore rupees for continuation and revamping of Infrastructure Viability Gap Funding

On November 12, 2020, the Cabinet Committee on Economic Affairs had approved the Continuation and Revamping of the Scheme for Financial Support to Public Private Partnership in Infrastructure Viability Gap Funding Scheme till 2024-25. Key highlights The main objective of the scheme is to promote PPP (Public-Private Partnership) in social and economic infrastructure for proper ..

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India-UAE High Level Joint Task Force on Investments

On November 3, 2020, India and UAE held the High-Level Joint Task Force on Investments. The task force was created in 2012. Highlights The task force discussed upon the following The positive outcomes achieved by the Joint Task Force were discussed The India and UAE sectors with potential for economic growth were identified The existing ..

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New Economic Corridor projects worth Rs 20,000 Crores inaugurated in Haryana

The Union Road Transport and Highways Minister, Nitin Gadkari has laid the foundation stone for new economic corridor projects worth Rs 20,000 crores in Haryana. The virtual function was presided over by the Chief Minister of Haryana, Manohar Lal Khattar. The projects that were inaugurated by the Union Minister include the 35.45 km four lane ..

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Institute for Management Development releases World Competitive Index

The Institute of Management Development recently released the World Competitive Index. India ranked 43rd in the ranking. Highlights In 2019, India was at the 43rd ranking. Since 1989, India had ranked 41st in the World Competitiveness Ranking. However, it slipped to 45th rank in 2017 and secured 44th in 2018. The continuous low ranking of ..

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