India-Bangladesh sign Inland Water Transit and Trade Protocol

On May 20, 2020, India and Bangladesh signed the second Addendum of the Inland Water Transit and Trade Protocol in Bangladesh. Highlights Under the new protocol, the countries can ply on designated protocol route. Also, movement of shallow draft mechanized vessels have been allowed between Dhubri (India) and Chilmari (Bangladesh). This is being considered as ..

Month: Current Affairs - May, 2020

Category: International Current Affairs

Topics: India Bangladesh Bilateral agreements • India Bangladesh Border • India Bangladesh trade • Indo Bangladesh Protocol Route • Inland Waterways • Ports

GoI allocates Rs 1,480 crores to National Technical Textiles Mission

On March 19, 2020, the Minister of Textiles Smt Smriti Irani presented the details of National Technical Textiles Mission at Rajya Sabha. The GoI has allocated Rs 1,480 crores for the mission National Technical Textiles Mission The Mission aims to improve technical textiles in India. The mission is to be implemented for a period of ..

Month: Current Affairs - March, 2020

Category: Government Schemes Current Affairs

Topics: Infrastructure Development • National Technical Textiles Mission • Ports • Rajya Sabha • Roadways • Smriti Irani • Union Ministry of Textiles

Facts Box: Major Port at Vadhvan, Maharashtra

The Union Cabinet recently approved the proposal to set up major port at Vadhvan in Maharashtra. The GoI has sanctioned Rs 65,545 crores for the project. Highlights The port is being set up to achieve GoI target of developing infrastructure projects of worth 100 lakh crore rupees. The port will handle 16,000 to 25,000 TEUs ..

Month: Current Affairs - March, 2020

Category: Economy & Banking Current Affairs

Topics: infrastructure • Infrastructure Development • Mumbai • Ports • Shipping Vessels • Union Cabinet • Vadhvan port

India’s 13th major port to be set up in Maharashtra

The Union Cabinet of India recently approved to set up 13th major port of India, at Vadhavan in Maharashtra. The project is to entail a total cost of Rs 65,544 crore. The government is expected to hold 51 per cent stake in the project of the new port. All related business activities would be done ..

Topics: Maharashtra • Ports • Union Cabinet

Cabinet approves to set up Vardhavan port in Maharashtra

On February 5, 2020, the Union Cabinet approved to set up the Vardhavan port in Maharashtra. The port is to be developed in “Landlord Model”. The Jawaharlal Nehru Port Trust will act as the lead partner in developing the port. Highlights With the development of Vardhavan port, India will enter into the category of countries ..

Month: Current Affairs - February, 2020

Category: India Nation & States Current Affairs

Topics: Cargo Service • Cargo Shipping • infrastructure • Mumbai • Ports • Union Cabinet • vardhavan port