Tag - India

Education will act as a bridge between India and Australia: Piyush Goyal

The Minister of Commerce and Industry Piyush Goyal on Wednesday said education will act as a bridge between India and Australia. Education and Commerce, engaging with Technology, will empower us towards Action, he said.

“It has always been an important element of our partnership. In the post-Covid world, we must explore possibilities of hybrid programmes,” said Goyal, in his address during an Interaction with Students of New South Wales (UNSW) in Sydney.

Terming the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) as a “natural partnership”, Shri Goyal said India is looking at tripling steel production capacity and energy efficiency.

“A lot of the good work that researchers come up with does not get that kind of scale, that kind of opportunity to operationalize,” said Goyal.

“With that scale we can make medical care more affordable, with that scale we can make technology come to serve larger numbers of people, manufactured at scale, using the talent that we have in both countries, possibly the talent in Australia coming up with game changing research, the talent in India helping it to manufacture that at scale, use that at scale, serving large sections of society in the world and from there taking it to the rest of the world. And I do believe that such partnerships are important for the world” he added.

Inviting the University of NSW to expand its footprint in India, Goyal said the India-Australia partnership can truly transform the lives of our people.

Later addressing the Business Leaders Meeting, organised by Business Council of Australia, Goyal said business will be the framework on which all other engagements between the two sides will prosper.

IndAus ECTA will help us double our bilateral trade in the next 5-6 years and by 2030 we must aspire for a $100 billion bilateral trade target, he said.

Goyal said India will set up the Invest India Office and in a few months time open a Trade Promotion Office in Australia in order to realise the potential of the IndAus ECTA.

 

‘EOS-02 satellite will be launched in second quarter of 2022,’ says Union Minister Jitendra Singh

Union Minister of State (Independent Charge) Science & Technology Jitendra Singh said that EOS-02 satellite will be launched in second quarter of 2022.

In a written reply to a question in the Rajya Sabha on Thursday  Jitendra Singh said, EOS-02 is Technology demonstration satellite for various new technologies with applications that include agriculture, forestry, geology, hydrology, miniaturised power electronics, reaction wheels etc. and forming the payload for SSLV-1.

He informed that the slated date of launch was during Quarter-4 of 2021, but the onset of the pandemic and consequent lock down and disruption in global as well as domestic supply chain were factors for the delay of spacecraft realisation due to non-availability of components, man power and facilities.

Dwelling on the reasons for the failure of the launch of the EOS-3 satellite, Jitendra Singh said, initial investigations with the post-flight data conducted immediately after the launch indicated that an anomaly in the Cryogenic Upper Stage led to failure of the mission.

A National level Failure Analysis Committee (FAC) consisting of experts from academia & ISRO was immediately constituted to identify the causes of the anomaly in the Cryogenic Upper Stage of GSLV, that led to mission abort and to recommend corrective actions for future missions.

The Committee observed that the build-up of pressure in the propellant (Liquid Hydrogen or LH2) tank during the flight was not normal leading to a lower tank pressure at the time of ignition of the engine. This resulted in anomalous operation of the Fuel Booster Turbo Pump (FBTP) mounted inside the LH2 tank which feeds the main turbopump of the engine resulting in insufficient flow of Liquid Hydrogen into the engine thrust chamber.

The Minister informed that the Failure Analysis committee has recommended improvements to enhance the robustness of the Cryogenic Upper Stage for future GSLV missions. The GSLV vehicle with the required modifications in the Cryogenic Upper Stage is expected to be ready by the third quarter of 2022.

The satellite identified for the next GSLV mission is expected to be ready for launch in the fourth quarter of 2022. Therefore, no delay is envisaged with respect to the related projects due to the failure.

Now Bangladesh Visa Application Centre is in Siliguri!

The hassle of running between Kolkata and Siliguri for the processing of the visa is over as, Siliguri and North Bengal gets their own Visa application centre for Bangladesh. Before this, the only visa application centre in West Bengal was in Kolkata. The centre was opened on Wednesday at International Market on Sevoke Road in Siliguri and was inaugurated by the CEO and Deputy Manager (Indian Operation)of Sonali Bank Rawshan Jahan. It was also announced that at the start-up stage the service of Visa Application will be available at the Sonali Bank as well.
Officials said that approximately hundreds of applicants from North Bengal used to travel to Kolkata for the processing of the visa. They estimated that couple of hundred applications will be submitted in the centre, if the Covid protocols are lifted.
The officials said the processing of Visa will take approx. 7 days to 10 days and will cost Rs 825 per person inclusive of GST with an addition of Rs 400 as courier charge.
The tourism industry of the two countries also expressed their joy as this will encourage more people to travel and will accelerate the business growth with Bangladesh. It is expected that with this move the relationship between the countries will also improve more.

India-Australia trade pact will raise bilateral trade to $100 billion by 2030: Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal said that the India-Australia trade pact will raise bilateral trade from the present $26-27 billion to $100 billion by 2030, much faster than the initial expectation of rising to $50 billion in five years.

The excitement generated by the agreement has increased business optimism on both sides, he said while addressing the University of Melbourne along with Dan Tehan, Australian Minister for Trade, Tourism and Investment in Melbourne on Wednesday.

The minister invited Australian businesses to invest in India. “We offer you transparency. We offer you our trust, rule of law. We are two democratic nations, two people who love sports, both are members of the Commonwealth,” he said.

The minister also addressed members of the business community from both countries at the Melbourne Cricket Ground. Goyal said India and Australia have complementarities that can benefit both countries, – India’s huge market and Australia’s investible surplus. He said the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) will unlock the huge market of almost 1.4 billion consumers in India to Australian industries.

Goyal said there is huge potential in areas like textiles, pharma, hospitality, gems and jewellery, IT, Startups etc. and Accountancy in Services, that will create huge employment in both countries.

Goyal said that Australia is a preferred destination for Higher Education for most Indians, the IndAus ECTA paved the way for resolution of a big obstacle for India’s IT sector to grow in Australia.

Later, delivering the keynote address at Lunch with Business Leaders, organised by the Australia India Chamber of Commerce (AICC) in Melbourne, Goyal termed the IndAus ECTA as an important milestone that will contribute to widespread development of multi-sectoral economic value chains.

“I believe that here is a partnership between two countries which don’t compete with each other at all, they actually complement each other,” said Goyal.

“The focus that we are putting on Make in India dovetails so beautifully into the strengths of Australia, the natural bounty that you are all endowed with,” he said.

Complementing the leadership of Prime Ministers Narendra Modi and Scott Morrison, Goyal said the role of the former Australian Prime Minister and Australian PM’s Special Envoy on Trade, Tony Abbott and Australia’s Trade Minister, Dan Tehan were instrumental in capping the long-pending trade pact between the two nations.

Earlier, paying his tributes to the veteran cricketer, late Shane Warne, the Minister said that he had his admirers in India as well and that millions of cricket fans mourned over the sudden demise of the ‘King of Spin’.

“He was unique in more ways than one,” said Goyal, conveying his deepest condolences to the cricketer’s family and friends.

India’s Agriculture Exports Touch A Historic High Of USD 50 Billion, Highest Level Ever

Exports of agricultural products including marine and plantation products for the year 2021-22 have crossed USD 50 billion, the highest level ever achieved for agriculture exports.

As per the provisional figures released by DGCI&S, the agricultural exports have grown by 19.92% during 2021-22 to touch $50.21 billion. The growth rate is remarkable as it is over and above the growth of 17.66%, at $41.87 billion, achieved in 2020-21 and has been achieved in spite of unprecedented logistical challenges in the form of high freight rates, container shortages etc.

According to a statement by the Ministry of Commerce & Industry, highest ever exports have been achieved for staples like rice (USD 9.65 billion), wheat (USD 2.19 billion), sugar (USD (4.6 billion) and other cereals (USD 1.08 billion).

Wheat has recorded an unprecedented growth of more than 273%, jumping nearly four-fold from $568 million in 2020-21 to touch close to $2119 million in 2021-22. Increase in exports of these products has benefitted farmers in states like Punjab, Haryana, Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Madhya Pradesh, Telangana, Andhra Pradesh, Maharashtra etc.

India has captured nearly 50% of the world market for rice.

Export of marine products, at USD 7.71 billion, is also the highest ever, benefitting farmers in the coastal states of West Bengal, Andhra Pradesh, Odisha, Tamil Nadu, Kerala, Maharashtra and Gujarat. Spices exports has touched USD 4 billion for the second year in a row.

Despite facing tremendous supply side issues, coffee exports have crossed USD 1 billion for the first time, which has improved realisations for coffee growers in Karnataka, Kerala and Tamil Nadu.

“Outbreak of COVID-19 pandemic during first quarter of 2020 resulted in increased demand for staples, which provided an opportunity for increasing agriculture exports. Because of the institutional framework, already in place at State and district levels, and special efforts made to overcome the pandemic-induced bottlenecks, India was able to rise to the occasion and emerge as a reliable supplier of food. Even during the current crisis due to Russia–Ukraine war, the world is looking at India for supplies of wheat and other food grains,” read the statement.

 

India contributes USD 150,000 to UN Democracy Fund

India has contributed USD 150,000 to UN Democracy Fund (UNDEF) for 2022, the Permanent Mission of India to the UN said in a press release.

According to the press release a cheque was handed over to UN Secretariat on Wednesday, 30 March 2022.

“India is a founding partner of the UN Democracy Fund (UNDEF), a fund that supports projects that strengthen the voice of civil society, promote human rights, and encourage the participation of all groups in democratic processes. UNDEF is an effective instrument for the promotion of democratic values and processes,” read the press release.

According to the press release, India is a long-standing member of the Advisory Board of UNDEF and since its inception, India has become the third-largest contributor to the Fund with over a contribution of $32 million.

“India plays a prominent role in the UNDEF as a long-standing member of the Advisory Board, its apex governing body. Since its inception, India has contributed over $32 million to the Fund and remains its third-largest contributor, underscoring India’s deep commitment to democratic values,” the press release said.

“India acknowledges that sustained support for UNDEF is particularly important in this crucial time for democracy efforts worldwide. India expresses steadfast support for UNDEF as it plays a distinct role in complementing other UN efforts to strengthen democratic governance around the world,” the statement added.

‘Deeply Disturbing’: India Condemns Killings In Ukraine’s Bucha At UNSC, Seeks Independent Investigation

On Tuesday India condemned the killings of civilians in Bucha and called the incident ‘deeply disturbing’. India also supported the call for an independent investigation on the matter.

“The situation in Ukraine has not shown any significant improvement since the Council last discussed the issue. The security situation has only deteriorated, as well as its humanitarian consequences. Recent reports of civilian killings in Bucha are deeply disturbing. We unequivocally condemn these killings and support the call for an independent investigation,” said India’s UN Permanent Representative T S Tirumurti.

Tirumurti said that India has been sending humanitarian supplies to Ukraine including medicine and other essential relief material and is ready to provide more medical supplies to Ukraine.

“Keeping in view the dire humanitarian situation in Ukraine, India has been sending humanitarian supplies to Ukraine and its neighbours, which include medicines and other essential relief material. We stand ready to provide more medical supplies to Ukraine in the coming days,” said Tirumurti.

Tirumurti reiterated India’s call for peace and immediate cessation of violence and end to hostilities.

“India continues to remain deeply concerned at the worsening situation and reiterates its call for immediate cessation of violence and end to hostilities. We have emphasized right from the beginning of the conflict the need to pursue the path of diplomacy and dialogue. When innocent human lives are at stake, diplomacy must prevail as the only viable option,” Said Tirumurti.

He said that the impact of the crisis is being felt beyond the region with increasing food and energy price and emphasized on seeking an early resolution to the conflict.

“The impact of the crisis is being felt beyond the region with increasing food and energy costs, especially for many developing countries. It is in our collective interest to work constructively, both inside the United Nations and outside, towards seeking an early resolution to the conflict,” Tirumurti said.

“We continue to emphasize to all member states of the UN that the global order is anchored on international law, UN Charter and respect for territorial integrity and sovereignty of states,” he added.

State Banquet hosted by King of Netherlands in honour of President Kovind at Royal Palace

On Tuesday President Ram Nath Kovind and First Lady Savita Kovind were accorded a ceremonial welcome by King Willem-Alexander and Queen Maxima of the Netherlands. And then President Kovind laid a wreath at Dam Square, Amsterdam.

King Willem Alexander hosted a State Banquet in Honour of President Ram Nath Kovind and the First Lady Savita Kovind at Royal Palace Amsterdam.

President Kovind thanked the Netherlands King and, “I would like to thank His Majesty for the cordial welcome and warm hospitality. I am deeply touched by the kind reception accorded to me and to my delegation.”

“This year marks a milestone in our bilateral journey as we are jointly celebrating the 75th anniversary of our diplomatic relations that reflects the depth of India-Netherlands partnership,” he added

President Kovind said that this year, India is also celebrating 75 years of its independence. And reminded how the Netherlands was among the first nations to recognize independent India.

“After seven decades, it remains one of the foremost reliable partners of India,” said the President.

President Kovind said that the Netherlands is an important player in the Indo-Pacific and EU.

“As key advocates for a free and open Indo-Pacific, we share a common commitment to work for global peace, security and prosperity. The Netherlands can also play a pivotal role in strengthening India-EU ties in areas of connectivity, energy transition and trade & investment,” President said.

President reminded how the history of India-Netherlands relations dates back more than four centuries and that the paintings of Rembrandt show creative influence of Indian miniature art, Marius Bauer captured impressions of India in his paintings.

President also talked about the Professor Hendrik Kern, one of the leading Indologists in Netherlands taught Sanskrit to Dutch students in mid-nineteenth century.

“Rabindranath Tagore, Swami Vivekananda and Jiddu Krishnamurti were hosted by the Dutch with great enthusiasm and have inspired many,” he added.

“In recent years, we have witnessed a strong momentum in our bilateral relations. We were honoured to receive Your Majesties in India in 2019. I recall our discussions covering diverse areas of cooperation,” President Kovind said.

He talked about the visits of Netherlands Prime Minister Rutte to India in 2015 and 2018, and Prime Minister Modi’s visit to the Netherlands in 2017 during the 70th anniversary of our diplomatic ties. “Last year, our Prime Ministers held a Virtual Summit and launched the Strategic Partnership on Water, a sector which can benefit immensely from Dutch expertise. I appreciate our ongoing collaboration for rejuvenating the River Ganga, as well as in flood management and water treatment technologies, which are a big priority for India,” said President Kovind.

He talked about how the bilateral cooperation is extensive and diverse, covering trade and investment; science and technology; water, agriculture and health; renewable energy and space, among others.

President said, “Robust trade and investments form the bedrock of our bilateral relations. Dutch companies have long been a household name in India. With an investment of US$ 38 billion, the Netherlands has consistently been among the largest investors in India.”

He said that the significant investments are also flowing from India to the Netherlands.

“India offers new opportunities for Dutch companies, Small and Medium enterprises and start-ups to ‘Make in India for the World’. Our flagship programs like Digital India, Start-up India, and smart cities development, coupled with wide-ranging reforms offer an attractive environment. Dutch expertise in various sectors is a natural fit for India’s growth and development,” said President.

He said that the Netherlands is the home to the largest Indian diaspora in mainland Europe.

“They form a living bridge between our countries and include the Surinami-Hindustani community that represents a unique synthesis of Indian traditions and Dutch values. It includes professionals as well as Indian students who are making a positive contribution to the Dutch economy and society,” said President.

Lastly he said that he is confident that the strong bonds of friendship and multifaceted partnership will continue to flourish between India and Netherlands.

“I thank the Dutch leadership for devoting personal attention to strengthening our partnership. Together we can achieve the common goals,” added the President.

 

Chief of the Army Staff General Naravane discusses defence ties with Singapore defence minister

Chief of the Army Staff General Manoj M Naravane on Tuesday reviewed the Guard of Honour at Ministry of Defence in Singapore and complimented the Guard for an impeccable Turnout & Parade.

Indian Army chief General MM Naravane then called on Singaporean Defence Minister Dr Ng Eng Hen and discussed regional geopolitical developments and re-affirmed the strong and long-standing bilateral defence relationship between the two countries.

“General MM Naravane #COAS called on Dr Ng Eng Hen, Minister for Defence, #MINDEF, #Singapore & discussed regional geopolitical developments. The strong & long-standing bilateral defence relationship between both Nations was re-affirmed,” the Indian Army tweeted.

Chief of the Army Staff also called on Brigadier General David Neo, Chief of Army, Singapore Army and discussed the roadmap to further enhance defence cooperation between both countries.

“General MM Naravane #COAS called on Brigadier General David Neo, Chief of Army, #SingaporeArmy and discussed the roadmap to further enhance defence cooperation between both Nations.,” Indian Army tweeted.

Indian Army chief General MM Naravane then visited the Infantry Gunnery Tactical Simulator at IGTS Centre.

“Gen MM Naravane #COAS visited the Infantry Gunnery Tactical Simulator #IGTS Centre. He witnessed the state-of-the-art simulators, which enable troops to hone their weaponry skills & commanders to improve tactical decision-making abilities,” tweeted the Indian Army.

‘Stand Up India’ scheme has fulfilled aspirations of women, SCs, STs: Government

On the sixth anniversary of Stand Up India Scheme, centre claimed that the scheme has fulfilled the aspirations entrepreneurs, particularly women and Scheduled Castes (SCs), Scheduled Tribes (STs) and also sift through the achievements, salient features and enhancement to the scheme over the years.

Recognizing the challenges faced by Aspiring SC, ST, and women entrepreneurs, Stand up India Scheme was launched on 5th April 2016 to promote entrepreneurship at grassroot level focusing on economic empowerment and job creation.

In 2019-20, the Stand Up India scheme was extended for the entire period coinciding with the 15th Finance Commission period of 2020-25.

Union Finance and Corporate Affairs Minister Nirmala Sitharaman said that the scheme has facilitated more than 1.33 lakh new job-creators and entrepreneurs. She also said more than 1 lakh women promoters have benefitted from this Scheme.

Nirmala Sitharaman said, “As we commemorate the sixth anniversary of the Stand-Up India Scheme, it is heartening to see that more than 1.33 lakh new job-creators and entrepreneurs have so far been facilitated under this Scheme.”

Sitharaman further said, “More than 1 lakh women promoters have benefitted from this Scheme during its six years of operation. The Government understands the potential these rising entrepreneurs have in driving economic growth through their roles as not just wealth-creators but also job-creators.”

“The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a greenfield enterprise in manufacturing, services or the trading sector and activities allied to agriculture,” read a statement by Ministry of Finance.