Current Affairs – August, 2017

NPPA caps prices of orthopaedic knee implants

The drug price regulator National Pharmaceuticals Pricing Authority (NPPA) has capped the prices of orthopaedic knee implants upto 70% lower than current market rates. It will be valid for all orthopaedic knee implants sold within India – whether domestic or imported. Earlier in February 2017, the NPPA had capped the prices of stents used in Read More…

Union Cabinet approves new Metro Policy

The Union Cabinet has approved a new policy for expanding and regulating metro rail services in cities across India. This is the first such policy document prepared by the Union Urban Development Ministry since metro rail operations began in Delhi in 2002. The policy gives a big boost to private players by making private participation Read More…

CCEA approves procedure and mechanism for Strategic Disinvestment

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi has approved revision in the procedure and mechanism for strategic disinvestment. In this regard, the proposal was forwarded by the Department of Investment and public Asset Management (DIPAM). The approval will help in speedy completion of strategic disinvestment transactions. Revised mechanism Read More…

Nepal, China sign three pacts to boost energy, economic ties

China and Nepal have signed three pacts to further boost their ties in power, energy and economic sectors. The agreements signed cover oil and gas resources exploration, economic and technological cooperation and promotion of investment. These agreements were signed after visiting Chinese Vice-Premier Wang Yang held discussions with Nepal’s Deputy Prime Ministers Bijaya Kumar Gachhadar Read More…

India to host steering committee meeting of TAPI gas pipeline

India is going to host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. Decision in this regard was taken at the sixth joint India-Turkmenistan Inter-Governmental Committee (IGC) meeting on trade, economic, scientific and technological cooperation. The IGC discussions between both countries comprehensively reviewed the entire gamut of bilateral relations Read More…