Domestic companies can make payments in SEZ in foreign currency: RBI

image The RBI has given permission to domestic companies to make payments to units in Special Economic Zones in foreign currency for the services delivered by them. Earlier, this facility was allowed only for payments made for goods.
To promote software exports, RBI has simplified procedure for exporting goods and services by all Software Technology Parks of India.

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ICRISAT-led research to improve lives of people in semi-arid tropics

The world’s largest international agriculture research coalition, the Fund Council of CGIAR image(Consultative Group on International Agricultural Research), has sanctioned two 10-year research programmes directed at improving food, nutrition and income security of billions of poor in the semi-arid tropics of the world.

The CGIAR Research Programmes (CRP) is led by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) on grain legumes and dryland cereals. The programmes have a combined budget of US$223.4 million.

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