Posts

Showing posts from November, 2020

World's biggest Free Trade Deal, Is India part of it?

Image
  RCEP "Regional Comprehensive Economic Partnership" Introduced in 19th ASEAN Summit held in November, 2011 in Indonesia. Officially launched and negotiations started during the 21st ASEAN Summit in Cambodia in November, 2012. It is a trade pact between 10 Member ASEAN bloc and 5 Asia-Pacific States which have Free Trade Agreement with ASEAN. Earlier total 6 were there as India too was part of it. On November 4, 2019 India decided against joining the RCEP. It is viewed as alternative of TPP (Trans Pacific Partnership) RCEP is the largest regional trading agreement to this day. Accounts for 30% of Global GDP, 26% OF FDI flows and 2 billion of world's population. MEMBERS : 10 ASEAN Countries + 5 Asia Pacific States Myanmar         Thailand Cambodia Singapore Indonesia Laos Vietnam Malaysia Philippines Brunei  Australia China Japan South Korea New Zealand  AIM : Lower tariffs Open up trade in product & services & promote investment to help em...

OTT Platforms under Ministry of Information & Broadcasting

Image
  OTT "Over the top" Platforms, are audio & video hosting & streaming services which started out as content hosting platforms , but soon branched out into the production of short films, web-series, featured films, documentaries & release them. Are typically monetized via paid subscriptions.   "Represents future of entertainment -                                                    one that is already unfolding" Every platform in India are somewhere directly regulated by some body set up by Government of India. Like  Press Council of India (PCI) looks after print media. News Broadcasters Association (NBA) looks after TV news channels. The Advertising Standards Council of India (ASCI) regulates the content of the advertisements. Central Board of Film Certification (CBFC) monitors films.   But no particular monitoring ...

India's longest Motorable Bridge.

Image
DOBRA-CHANTI BRIDGE                       India's longest motorable single-lane bridge in Tehri. Inaugurated by CM Trivendra Singh Rawat on 9 November 2020 to mark the state's 20st foundation day.  Location : Tehri Garhwal. Constructed on river Bhagirathi. Connecting Pratapnagar & Thauldhar. 440 metre long. Cost incurred Rs 150 crore. Work began in 2006 & was scheduled to be over by 2008, however factors such as corruption, changes in ruling party, inefficiency and faulty design etc made the delay. Design of the bridge done by a Korean Company.    The previous Bridge connecting Pratapnagar to main tehri was submerged in the waters of tehri lake during the construction of the Tehri Dam, forcing approx. 3 lakh population take longer route which is about 100 km.      Note : Earlier India's longest bridge used to be Byorung Bridge across the Siang river at Yingkiong in upper Siang distri...

Beauty &The Beast- RAFALE, three new Rafale jets to fly non stop from France to India

Image
"The extremely swift, nimble, versatile & very deadly aircraft "                                     Beauty & The Beast - Rafale                     Rafale means Gust of Winds or Burst of Fire. Known by a 4th Generation or 4.5 Generation aircraft. On september 2016, India inked direct deal with French government to purchase 36 Rafale aircraft in a 58,000 crore deal from French company Dassault Aviation .     About the Beast                           Rafale is a twin-engine medium multi-role combat aircraft. Dassault claim that Rafale has 'omnirole' capability to perform several actions at the same time.   Some of the specifications are : Max take-off weight : 24.5 tonnes            External load : 9.5 tonnes Over all empty weigh...

Harley-Davidson ties up with Hero MotoCorp For Indian Market

Image
Harley Davidson Motorcycles Harley Davidson is an American motorcycle manufacturer founded in 1903  .           Founder : William S. Harley & Arthur Davidson  CEO       : Jochen Zeitz  HQ : Milwaukee, Wisconsin, U.S   Company takes into origin when founder decided to build their first 116CC Pedal Assistant Motor Bicycle in 1901 and work on this was completed in 1903. How Harley came to India   India and US swap deal in 2007, where India will get access of American Market for Indian Mangoes in return for Harley Davidson's entry into Indian Market primarily for Bikes with engine capacity of 800CCor above if they comply with Euro-III emission norms.                Harley entered India in 2009 after agreement between Washington & New Delhi. During 2016-17, India exported 50,000 tones of mangoes valued at Rs. 420.36 crore worldwide where roughly 600-1000 tonnes were expo...