US signs Defense Cooperation Agreement with Maldives

“Framework for U.S. Department of Defense-Maldives Ministry of Defense and Security Relationship” was signed between Deputy Assistant Secretary of Defense for South and Southeast Asia Reed Werner and Maldivian Minister of Defense Mariya Didi in Philadelphia on September 10, 2020. ..

Month: Current Affairs - September, 2020

India grants USD 500 million assistance for connectivity project in Maldives

India has announced that it will fund the implementation of the major connectivity project in the Maldives with $400 million line of credit and $100 million grant. This came after the talks between the External Affairs Minister of India and ..

Month: Current Affairs - August, 2020

India extended LoC worth USD 18 million to Maldives

India has extended the Line of Credit worth $18 million to the Government of Maldives in order to expand the fishing facilities in the island country. The facilities will be improved at Maldives Industrial Fisheries Company (MIFCO). Details The project ..

Month: Current Affairs - August, 2020

India announces Financial Assistance Package for Maldives

The Government of India has decided to grant a substantial financial package to the Maldives in order to enable it to tide over the economic crisis it is facing due to the shortage in the tourist footfall due to the ..

Month: Current Affairs - July, 2020

Assam CM gets ‘Dr. Syama Prasad Mukherjee award 2020 for Politics’

The Chief Minister of Assam, Sarbananda Sonowal was presented the prestigious ‘Dr. Syama Prasad Mukherjee award 2020 for Politics’ during the 6th India Ideas Conclave in Gujarat. The award was instituted by India Foundation and this year it was presented ..

Bhutan introduces “sustainable development fee” for regional tourists

Bhutan recently introduced a “sustainable development fee” for regional tourists, as there is a sharp rise in Indian visitors to the country. The lower house of Bhutan Parliament passed the legislation in this regard. The regional tourists, who were previously ..