Tag Archives: Narendra Modi

Cabinet approves India-Uzbekistan MoUs in tourism, trade

The Union Cabinet chaired by Prime Minister Narendra Modi has approved agreements between India and Uzbekistan for cooperation in tourism. An MoU was approved by the Cabinet for strengthening cooperation in the field of tourism, signed during the Uzbekistan President Shavkat Mirziyoyev’s visit to India on October 1. The signing of the MoU in the field of tourism will help the two countries in creating an institutional mechanism for enhancing cooperation in the tourism sector. It will also help in increasing foreign tourist arrivals from Uzbekistan to the country. This, in turn, will result in economic development and employment generation. The agreement shall create favourable conditions for long-term tourism cooperation for mutual benefits of all stakeholders within the broader framework and areas of cooperation. In addition, the MoU shall explore to incorporate the best practices to implement the measures that will realise the objectives set out in it. Source: ANI

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PM inaugurates Sikkim’s first airport at Pakyong

Prime Minister Narendra Modi inaugurated the first greenfield airport of Sikkim at Paykong on September 24, 2018. Sikkim’s dream of having an airport came true nine years after a foundation stone for it was laid here, around 33 km from state capital Gangtok, in 2009. The first commercial flight from Pakyong would begin from October 4. Set to pave the way for direct connectivity to Sikkim, Pakyong airport is the 100th airport of the country. Located around 60 km from the Indo-China border, the airport is spread across over 201 acres and is located on the top of a hill about 2 km above Pakyong village at 4,500 feet above sea level, Sikkim Chief Secretary A K Srivastava said. Source: PTI

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Photography allowed at protected monuments

The Archaeological Survey of India, in an order issued recently, decided to allow photography within the premises of all centrally protected monuments/sites except three which include Ajanta Caves, Leh Palace and Mausoleum of Taj Mahal. This comes in the wake of the Prime Minister Narendra Modi observing that space technology in the modern era has developed to such an extent that one can photograph even minute objects from far off distances, and in this background, it is indeed ironical to restrict the tourists/visitors from taking photographs of their experiences at heritage monuments and sites. He recently inaugurated Dharohar Bhawan, the new headquarters building of ASI at Tilak Marg, New Delhi.

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Maharashtra, Virgin Hyperloop One to build India’s first hyperloop

Virgin Hyperloop One has announced Maharashtra’s intent to build a hyperloop between Pune and Mumbai beginning with an operational demonstration track. Richard Branson, Chairman, Virgin Hyperloop One announced the framework agreement in the presence of Prime Minister Narendra Modi and Maharashtra Chief Minister Devendra Fadnavis to begin the development of the route. Recognizing the Maharashtra government’s contribution to the country’s economy, Modi said, “51 per cent of total investments in India have come to Maharashtra, and the state is attracting global investors. The state’s overall development in the past few years is a shining example of improving conditions in the country.” “I believe Virgin Hyperloop One could have the same impact upon India in the 21st century as trains did in the 20th century. The Pune-Mumbai route is an ideal first corridor as part of a national hyperloop network that could dramatically reduce travel times between India’s major cities to as little as two hours,” said Branson. The hyperloop route will link central Pune, Navi Mumbai International Airport, and Mumbai in 25 minutes, connecting 26 million people and creating a thriving, competitive mega region. The high-capacity passenger and cargo hyperloop route will support 150 million passenger trips annually, saving more than 90 million hours of travel time, and providing citizens with social and economic mobility.  

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Cabinet approves 49% FDI in Air India

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to a number of amendments in the FDI Policy -one of them allowing foreign airlines to invest up to 49 per cent under approval route in Air India. These are intended to simplify the FDI policy to provide ease of doing business in the country. As per the extant policy, foreign airlines are allowed to invest under Government approval route in the capital of Indian companies operating scheduled and non-scheduled air transport services, up to the limit of 49 per cent of their paid-up capital. However, this provision was presently not applicable to Air India, thereby implying that foreign airlines could not invest in Air India. Foreign airlines can now invest up to 49 per cent under approval route in Air India subject to the conditions that foreign investment(s) in Air India including that of foreign airline(s) shall not exceed 49 per cent either directly or indirectly. Substantial ownership and effective control of Air India shall continue to be vested in Indian National.

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Israel offers 5-year multiple entry business visa for Indians

Israel is going to offer five-year multiple entry visa for Indian businessmen. The move is to improve the bilateral trade between the two countries, especially with the scheduled visit of Prime Minister Narendra Modi to Israel, tentatively in July this year. Visa has been a major point of discussion between the two countries for many years. The easing of business visa might be followed by easing of visa process for Indian tour groups as well. According to Amir Halevi, Director General of Israel Tourism, the country is planning to ease visa norms for Indians thinking of visiting Israel. An embassy statement quoting Ambassador Daniel Carmon said the initiative was part of the growing partnership between India and Israel.

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India, Singapore to sign civil aviation MoU

The Union Cabinet has approved a Memorandum of Understanding (MoU) between India and Singapore in order to improve cooperation in the field of civil aviation. A recent statement released by the cabinet, said, “The Union Cabinet, headed by the Prime Minister, Narendra Modi, has given its ex-post facto approval for signing a (MoU), which was signed in November 2015 between Airports Authority of India (AAI) and Singapore Cooperation Enterprise in Civil Aviation during Modi’s visit to Singapore. The objective of this MoU is to establish mutual cooperation in the field of civil aviation, which will cover, to begin with, the airports of Jaipur and Ahmedabad. This cooperation will be extended to other airports with mutual consent.” The salient features of the MoU include collaboration in Civil Aviation Sector in the areas of Master-planning and design, traffic development, commercial development, service quality improvement, training and development, cargo handling and management, maintenance, repair and overhaul, operation and management and any other areas with mutual consent. To ensure high standards of service at Ahmedabad and Jaipur airports, AAI may enter into operation and maintenance (O&M) contracts, either with or without the responsibility of maximisation of non-aeronautical revenue in the terminal building (excluding land on city side and air side). The city side and airside will continue to be managed directly by AAI. Globally, limited O&M contract models are prevalent for the entire airport operations. AAI has no previous experience in awarding O&M contract model of terminal buildings to other entities. In order to implement the decision, it was necessary to ensure that a suitable entity be engaged for undertaking the O&M contract at Ahmedabad and Jaipur airports.

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