Union Textiles Minister to Inaugurate India International Silk Fair

• The 5th INDIA INTERNATIONAL SILK FAIR 2016 will be attended by foreign buyers and buying agents from countries like France, Germany, Italy, UK. Spain.
• The promotional effort of “5th India International Silk Fair,2016” will get active support and cooperation from Ministry of Textiles and Ministry of Commerce, Government of India. The “5th India International Silk Fair,2016” is recognised as a well-established global fair.
• The Premier Silk Fair of India has impressive profile latest innovations in Silks, reflected in Apparel, Accessories with exhaustive range of Casual-wear, Party-wear will be on display. The forthcoming edition will be showcasing the latest products of nearly 150 premier Export Houses of India.

PetroFed Signs MoU with TERI To Undertake a study On Climate Change Risks

• PetroFed, an apex society of entities in the Hydrocarbon sector, today signed a Memorandum of Understanding (MoU) with TERI to undertake study on Climate Change Risks: Preparedness for Oil and Gas Sector”.
• The MoU was signed in New Delhi in the presence of Sh. Dharmendra Pradhan, Minister of State (I/C), Petroleum & Natural Gas and Sh. K.D. Tripathi, Secretary, M/o Petroleum & Natural Gas and representatives from oil and gas industry

Meeting Between, Commerce And Industry Minister Mrs. Nirmala Sitharaman And Mr. Marcos Pereira, Minister Of Industry, Foregin Trade And Services, Brazil.

• Nirmala Sitharaman, Commerce and Industry Minister and her Brazilian counterpart Mr. Marcos Pereira, Minister of Industry, Foreign Trade and Services held bilateral talks on 13th October, 2016 in New Delhi who is in India to participate in the BRICS summit.

• Both Ministers recollected that the IV th meeting of the India-Brazil Trade Monitoring Mechanism and the 3rd meeting of Joint Administrative Committee of India-MERCOSUR PTA held in Brazil during 29-30th September.

Bilateral Meeting Of The Commerce And Industries Minister, Mrs Nirmala Sitharaman With Wang Shouwen, Vice Minister For Ministry Of Finance And Commerce, China.

Commerce and industries minister Nirmala Sitharaman and chinese vice-minister for ministry of finance and commerce Wang Shouwen exchanged notes on trade and commerce and agreed that the mounting bilateral trade deficit has been a cause for concern for India which seeks greater market access for its goods for a long-term sustainable trade relationship.

Cabinet Approves MoU Between Export-Import Bank Of India (Exim Bank) On General Cooperation With The New Development Bank (NDB), Along With Other Development Financial Institutions Of BRICS Nations

• The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) on General Cooperation with New Development Bank (NDB) through the BRICS Interbank Cooperation Mechanism by Government at the level of Secretary, Department of Economic Affairs/ Export Import Bank of India.
• The proposal will enhance trade and economic relations among the BRICS countries. There is no financial implication involved with signing of the MoU. The participating institutions from the BRICS nations will be benefitted by this MoU.

Cabinet Approves New Link Between Sahibganj Bypass In Jharkhand To Manihari Bypass In Bihar Including Four Lane Bridge On River Ganga

• The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the construction of new link between Sahibganj bypass in Jharkhand to Manihari bypass in Bihar including four lane bridges on river Ganga.
• The cost is estimated to be Rs.1954.77 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 22 kms.
• This work will be done under the National Highways (Others) on Hybrid Annuity Mode. The concession period of the Project is 19 years including a construction period of four years.

Cabinet Approves MoU Between India And The Russian Federation On Expansion Of Bilateral Trade And Economic Cooperation

• The Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for signing of a Memorandum of Understanding (MoU) on general cooperation with NDB through the BRICS Interbank Cooperation Mechanism by Government at the level of Secretary, Department of Economic Affairs/ Export Import Bank of India. There is no financial implication involved with signing of the MoU.
• The MoU would expand more bilateral trade and economic cooperation between India and Russian Federation.

Cabinet Approves MoU Between India And Hungary On Cooperation In The Field Of Water Management

• The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) between India and Hungary on cooperation in the field of water management.
• The MoU will be signed between Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India and the Ministry of Interior, Government of Hungary. It will enhance bilateral cooperation in the field of water management, on the basis of equality and mutual benefits.
• This will encourage the development of bilateral relations between public and private organizations concerning water resources of both the countries.

Cabinet Approves Redevelopment Of Residential Colonies At West Ansari Nagar And Ayur Vigyan Nagar Campuses Of AllMS, New Delhi

• The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has approved redevelopment of residential colonies at West Ansari Nagar and Ayur Vigyan Nagar Campuses of All India Institute of Medical Sciences (AllMS), New Delhi.
• The total estimated cost of the project is Rs.4441 crore including maintenance and operation costs for 30 years. The project will be completed in five years in a phased manner.

Cabinet Apprised Of The MoU Between India And Qatar On Cooperation In The Field Of Youth And Sports

• The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) signed on April 7, 1999 and the First Executive Programme for MOU signed with Qatar on bilateral cooperation in the field of Youth and Sports signed on 05 June 2016.
• The MoU will help in expanding knowledge and expertise in the areas of sports science, sports medicine and coaching techniques, which would result in improvement in performance of our sports persons in international tournaments and strengthening of bilateral relations between India and Qatar.
• It would be equally applicable to all sports persons irrespective of their caste, creed, region, religion and gender.