5th Meeting of the India-Mexico Bilateral High-Level Group on Investment, Trade, and Cooperation
The Commerce Secretary of the Government of India, Dr Anup Wadhawan and the Vice Minister for foreign trade of the Government of Mexico, Ms Luz Maria De La Mora co-chaired the fifth meeting of the India-Mexico High-level Bilateral Group on Investment, trading, and Cooperation. The meeting was organised on 9 October 2020 through video conference.
Two business-to-business MoUs have been signed-in the meeting. One is between the Mexican Chamber of Electronics, Telecommunications and Information Technologies, and Electronics & Computer Software Export Promotion Council of India. The other is between the Mexican Business Council of Foreign Trade Investment and Technology and the Federation of Indian Chambers of Commerce and Industry. Then, a “Joint Statement” at the end of the meeting was issued.
21st meeting of GoM on COVID-19
Dr Harsh Vardhan chaired the 21st meeting of the High-Level Group of Ministers (GoM) through video conference on 13th October. The topic was COVID-19.
India has the highest recovery rate, with 86.78% and the lowest fatality rate of 1.53% in the world. The testing capability is close to 1 lakh samples in a day. The eVIN network has been repurposed to deliver Covid-19 Vaccine. And the listing of healthcare workers would be completed soon.
Dust particles reduce the effect of nuclear weapons- Women Scientist
The Women Scientist, Dr Meera Chadha from Netaji Subhas Institute of Technology, New Delhi came back to science after one year gap and has proved through mathematical modelling that dust particles can reduce the effect of nuclear weapons. She was allowed to resume under the Women Scientist Scheme (WOS) fellowship of the Department of Science and Technology (DST).
“Tech for Tribals” launched
TRIFED is in collaboration with IIT Kanpur and Chhattisgarh MFP Federation, and they have launched “Tech for Tribals” initiative on 13th October 2020. TRIFED has also collaborated with MSME for skill upgrading of the Vandhan tribal beneficiaries. Its mission is to make Indian tribals the self-reliant people by bridging the gap between tribal entrepreneurs and urban markets.
The programme will be based on three elements- capacity building, engagement, and market linkages to lead the youth to the path of commercialisation.
SOI signed between AIM and CGI for promoting innovation in schools
Atal Innovation Mission, Niti Aayog has signed a Statement of Intent (SOI) with CGI, India to promote innovation across the schools.
Students get access to DIY kits and create innovative solutions with the help of latest technologies.
CGI has decided to adopt 100 schools with ATLs. It will coach and mentor students and conduct training workshops for teachers. Therefore, the CGI has employed more than 14,000 consultants to deliver global support to clients around the globe.
“Aquaponics Facility” at GADVASU, Ludhiana, and other farming techniques
Farmers need Aquaponics and other related farming techniques to improve their status by increasing land productivity and income. C-DEC developed a pilot “Aquaponics facility”, and the minister has inaugurated it at Guru Angad Dev Veterinary University, Ludhiana, on 13th October. Demand for fishes and crops is also increasing in the urban sector with which the technological systems would help farmers’ income to improve significantly in non-coastal areas.
The government hopes to spur demand
Union Finance Minister Nirmala Sitharaman hopes to spur the demand of Rs 1 lakh crore. She created mini-stimulus of sorts with incentives for the employees of the Government and public sector to allow them to spend on consumer durables and services. It will also be spent on interest-free loans of Rs 12,000 crore for 50-year tenure to the states. Sitharaman also enhanced the centre’s capital expenditure plans by Rs 25,000 crore.
Employees have received the offer to spend their Leave Travel Concession (LTC) benefits on consumer goods as they were unable to travel during the pandemic.
2 Americans won the Economics Nobel Prize
U.S. Economists Robert Wilson and Paul Milgrom won the Nobel Economics Prize for their work on commercial auctions with improvements in theory and inventions with new formats. The winners will share $1.1 million as the price sum. The award has closed the 2020 noble season.
Climate Change: The reason for the doubling of disasters
UN expressed the reason for doubling of natural disasters since the past 20 years as the climate change.
From 2000 to 2019, 7,348 significant disasters have occurred which claimed 1.23 lives. It cost the global economy $2.7 trillion.
Tajikistan’s leader re-elected
Tajikistan’s leader Emomali Rakhmon, 68-years old, has been re-elected on Monday with above 90% of the votes. He faced only token opposition in a presidential poll. He is going to secure a new 7-year term.AFP. 90.9% of voters cast their ballot in Sunday’s poll.