Daily Archives: July 22, 2022

100% LANDLORD PORT OF INDIA- JAWAHARLAL NEHRU PORT

Recently, Jawaharlal Nehru Port became the first major port of the country to become a 100% Landlord port of India having all berths being operated on PPP model. In this model, the publicly governed port authority acts as a regulatory body and as a landlord, while private companies carry out port operations—mainly cargo-handling activities. …

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REDUCTION IN TAXES

With crude oil prices easing amid fears of a global recession, the Indian government has cut the recently imposed cesses and levies on diesel and aviation turbine fuel (ATF) and removed the cess on exports of petrol. A windfall tax is a higher tax rate on sudden big profits levied on a particular company or industry. Additional excise duties equal to Rs 6 …

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INDIA-MALDIVES’ JUDICIAL COOPERATION

Recently, the Government has approved the Memorandum of Understanding (MoU) in the field of judicial cooperation between India and the Judicial Service Commission of Maldives. It is the eighth MoU signed between India and other countries in the field of Judicial Cooperation. Earlier, the National College for Policing and Law Enforcement (NCPLE) was inaugurated …

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INCIDENTS OF NAXAL VIOLENCE

Recently, during question hour in Lok Sabha, the Ministry of Home Affairs provided data related to left extremism in India. The incidents of Naxal violence in the country have dropped by 77 % between 2009 and 2021, and deaths of security force personnel due to Maoist violence have more than doubled in Chhattisgarh in the past …

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INDIA’S BIOECONOMY REPORT 2022

Recently, Biotechnology Industry Research Assistance Council (BIRAC) released India’s Bioeconomy Report 2022. During the release, the government launched a special Biotech Ignition Grant call for North East Region (BIG-NER) and announced financial support of up to Rs 50 Lakhs each to 25 startups and entrepreneurs from North East Region to develop biotech solutions. BIRAC is …

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