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Indian women’s kabaddi team wins gold medal in Asian Beach Games

Indian women’s beach kabaddi team has won the gold medal at the 5th Asian Beach Games held in Danang, Vietnam.

In the final match, Indian team defeated Thailand by 41-31 score.

With this, Indian women’s kabaddi team has won the title for the record fifth time in succession. For Thailand, it was the fifth time in a row they had lost to India in a final.

The Indian women’s kabaddi team won the gold medal since the inception of the biennial Games in 2008.

Earlier in women’s 70kg category kurash (a form of wrestling originated in Uzbekistan), Amisha Tokas had won a silver after losing to Nguyen Thi Lan of Vietnam in the final.

In beach bodybuilding, India’s Manoj Kumar Majumdar also had won a bronze medal in upto 158cm category.

So far, India has won six medals (1 gold, 3 silver, 2 bronze) in the Games and is at 15th spot in the medal table which is headed by hosts Vietnam (25 gold, 22 silver, 27 bronze).

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Pinky Balhara wins bronze medal in 5th Asian Beach Games

India’s Pinky Balhara has won bronze medal in the sporting event of kurash at the 5th Asian Beach Games held at Da Nang, Vietnam.

She won the medal in women’s 52kg category after she lost to Nguyen Thi Thanh Thuy of Vietnam in the semifinals. Vietnam’s Nguyen Thi Thanh Thuy won the gold medal in this event while another Vietnamese Nguyen Thi Quynh won the silver medal.

To participate in the 5th Asian Beach Games, India had sent a contingent of 208 members. The athletes will participate in 13 sporting disciplines which include Kabaddi, Swimming, Handball, Pencak Silat, Kurash, Woodball, Sambo, Ju-Jitsu, Pentaque, Sepaktakraw, Shuttlecock, Voninam and Muay Thai.

About Kurash

Kurash is a form of wrestling that had originated from Uzbekistan. In this game, two opponents wear a green and a blue jacket. The participants try to throw the other on the ground. If a player throws down his opponent backward, then he is declared victorious. If the opponent is thrown to one side, then the points are awarded.

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Union Cabinet approves creation of PDF to catalyse Indian economic presence in CLMV countries

The Union Cabinet has given its approval to create a Project Development Fund (PDF) for catalysing Indian economic presence in the CLMV countries viz. Cambodia, Laos Myanmar and Vietnam.

The PDF will have corpus of Rs 500 Crore and shall be housed in Department of Commerce. It will be operated through the EXIM Bank.

Key Facts

  • The PDF will be governed by an Inter-Ministerial Committee under the chairpersonship of the Commerce Secretary.
  • It will benefit India’s industrial community for business expansion in the CLMV countries.
  • Besides it will also help to maintain cost competitive supply chains, besides integrating with global production networks.

Background

  • CLMV countries namely Cambodia, Laos, Myanmar and Vietnam have a unique position in the regional value chains in Southeast Asia region.
  • These countries offer a gateway for market access to China, European Union and other markets due to various trade agreements.

Comment

  • Thus, creation of Project Development Fund (PDF) will give key advantage position to India in securing regional value chains on a long term basis.
  • Besides, it will provide a dedicated market for Indian raw materials and intermediate goods and also a dedicated source of raw materials for Indian industry.

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