SEZ
Gabon’s First Agri-SEZ Project
In a significant development the Union Minister of Education and Skill Development and Entrepreneurship flagged off Gabon’s first Agri-SEZ project from New Delhi. This project, which focuses on agriculture and food processing, is set to bolster India-Africa relations and foster ..
Month: Current Affairs - June, 2023
Category: International / World Current Affairs
Amendments in enhance business at GIFT City
The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major international IT and finance hubs. To boost its development, Finance Minister Smt ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Amendment in Biofuels Policy
The Union Cabinet recently made amendments to the National Biofuel Policy 2018. What are the amendments? The target for achieving 20% ethanol blending in petrol is advanced by five years. Thus, the new target is 2025-26 instead of 2030. Other ..
Month: Current Affairs - May, 2022
Category: Environment Current Affairs
Home Ministry issues Guidelines for Lock Down 2.0
On April 15, 2020, the Ministry of Home Affairs launched revised guidelines for lock down 2.0. The second lock down, also called the smart lock down aims to consolidate the gains achieved by the first lock down. It is to ..
Month: Current Affairs - April, 2020
SEZs manufacturing essentials like pharmaceuticals, hospital equipment are operational
Around 280 SEZ (Special Economic Zones) that are involved in manufacturing essential goods such as pharmaceuticals, drugs and hospital equipment are operational amidst Lock Down. These economic zones contribute 18% of the exports of the country. Highlights While addressing the ..
Month: Current Affairs - March, 2020
Special Economic Zones in India
The status of Special Economic Zones in the country was recently discussed in the Lok Sabha. The Minister of Commerce and Industry gave a written reply about SEZs. About SEZ Special Economic Zones are areas which offer tax and other ..
First SEZ in Tripura to focus on agro-based food processing
The Government of India approved the first SEZ (Special Economic Zone) at Sabroom, Tripura in October 2019. Recently, it was announced that the SEZ will primarily focus on agro-based food processing. Union Government is expected to invest around Rs 1550 ..
Month: Current Affairs - December, 2019
Belgium opens honorary consulate in GIFT City
Belgium has become the first country to open an honorary consulate office in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat. Belgium already has two Consulates-General in Mumbai and Chennai, and an honorary consulate in Kolkata. The consulate was inaugurated ..