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INDIA – SRILANKA AGREEMENT HIGHLIGHTS / Current Affairs March 06/2015

March 6, 2015

Micro units’ development refinance agency (MUDRA) Bank wills refinance microfinance institutions through pradhan Manti Mudra yojana
SME – which account for 40% of India’s export?
DIRECT TAX collections 10.6% up
-          Corporation tax, income Tax, securities transaction Tax } direct tax

INDIA – SRILANKA


  • Srilanka- temporarily & immediately suspends the controversial Chinese fund part city project in Colombo.
  • India SriLanka- comprehensive economic partnership Agreement  CCEPA)  signed in 2005 – now pushing for FTA
  • India is SriLanka’s largest trade partner and bilateral trade between the countries at $ 4.6 billion in 2014.
  • Eastern province, - India helping build a power plant – the ancient city of Anuradhapura in n. Central province
  • In 1979 , Morajidesai – address – SL parliament (last time)
  • Indo –US space security Dialogue by next week.
  • Concern over china’s disruptive counter –space technologies
  • For early conduction of a global frame work “ on code of conduct for space and stressed on Maintaining long term security  and sustainability of outer space environment  , including  space  awareness & collision a voidance
  • India  4 U.S space agencies have co-operated in chandrayaan (2008) 
  • The collaborative effort – U.S 4 Ind – NASA –ISRO synthetic Aperture radar mission (NISAR) – likely to launch by 2021.
  • “This high end satellite that will help in earth observation and monitoring climate change”. 
NOTE : SL-SriLanka

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