Business Current Affairs - 2020

Category Wise PDF Compilations available at This Link

GoI: Invest India Business Immunity Platform launched

On March 24, 2020, the India’s National Investment Promotion and Facilitation Agency called the Invest India launched “The Invest India Business Immunity Platform”. The platform is to operate on the website of Invest India.

Highlights

The platform is to give real time updates about India’s response and actions against Corona Virus. It will provide latest initiatives of the central and state governments to combat the virus. It is to operate 24/7 under dedicated expertise.

The Platform has partnered with SIDBI (Small Industries Development Bank of India). It also includes details about other essential aspects such as locations of COVID-19 testing, special permissions, etc.

Significance

The spread of the virus has disrupted normal life of the people in the country. The GoI is providing several guidelines in order to minimize its impacts and crisis, especially on the business sector. The platform will act as a source of information to learn about such steps and keep businesses running under normalcy.

Get these updates on Current Affairs Today Android App

Passport Renewal Reminder Services begun by Passport Seva Kendras

On January 28, 2020, the Ministry of External Affairs launched the Passport renewal reminder services. The Passport Seva Kendras operating under the Ministry of External Affairs will send SMS about the renewal

Highlights

The ministry is to send two Reminder messages, one before 9 months and another before 7 months. Along with the reminder message, the passport holders will also be informed about the authenticate website of the Ministry which is www.passportindia.gov.in.

Indian Passport

The Indian Passport is issued by the Ministry of External Affairs. The passport serves as a proof of Indian Citizenship under Passports Act, 1967. Around 65 million Indians hold passports as of the end of 2015. In 2015, India issued around 12 million new passports. This number has so far been exceeded only by US and China.

Types of Passports

There are three types of passports as follows

  • Ordinary passport-It is dark blue in colour. It is issued to citizens travelling for vacation, business trips and study.
  • Official Passport-It is white in colour. It is issued to individuals representing Government of India
  • Diplomatic Passport-It is maroon in colour. IT is issued only to top government officials and diplomatic couriers

Recently, India has ranked 84th in Henley’s Passport Index.

Get these updates on Current Affairs Today Android App