On 16th December, 2020 Minister of External Affairs(MEA) S. Jaishankar launched an economic diplomacy website to highlight India’s economic, sectoral and state wise strength. This website paves way for the Global business community to utilise India’s ease of doing business initiatives and enhance trade with India.
Website will provide multidimensional global business thereby creating a dynamic “Brand India”.
Highlights of Website:
Aim- To provide critical and relevant information on major economic indicators of central and state government policies.
Information provided- Government policies, global mineral resource endowments, detailed policy profiles of states and union territories.
i.It’s inline with the Prime Minister’s vision of doubling farmer’s income by 2022 by enhancing farm exports of the country.
ii.The website paired with India’s ease of doing business initiatives will improve the Foreign Direct Investments to India.
Recent Related News:
i.On January 5, 2020, As per Agricultural and Processed Food Products Export Development Authority (APEDA), eight states namely Maharashtra, Uttar Pradesh, Kerala, Nagaland, Tamil Nadu, Assam, Punjab, and Karnataka finalized an action plan for Agriculture Export Policy (AEP) to enhance exports.
ii.On 13th August 2020, Government of India signed a Memorandum of Understanding (MoU) on space cooperation with the Federal government of Republic of Nigeria at the Federal Ministry of Science and Technology headquarters in Abuja, Nigeria.
About Ministry of External Affairs:
Union Minister- Subrahmanyam Jaishankar
Minister of State- V. Muraleedharan
