FICCI Current Affairs

FICCI launches WOW mobile app to create awareness on preventive healthcare

FICCI Ladies Organisation (FLO), the women’s wing of Federation of Indian Chamber of Commerce and Industry (FICCI) has launched WOW (Wellness of Women) mobile application aimed at creating awareness on preventive healthcare for women across the country.

WOW app

WOW app is backed by Chennai-based Apollo Hospitals Group that offers access to renowned doctors and provides health tips. It provides easy to use platform that allows users to talk to doctors through video conferencing or connect with them via voice or email. It also allows users to upload clinical information such as reports, images and scans so that experts can provide opinion within stipulated time. The app gives emphasis on generating awareness and preventive measures along with providing international care treatment.

Federation of Indian Chambers of Commerce and Industry (FICCI)

FICCI is the largest and oldest apex business organization in India. It is a non-governmental and non-profit organization. It was established in 1927 and is headquartered in New Delhi. Its mandate is to enhance efficiency and global competitiveness of Indian industry. It also seeks to expand business opportunities both in domestic and foreign markets through range of specialized services and global linkages.

Month: Categories: Business & Economy Current Affairs 2018


Global Logistics Summit 2018 held in New Delhi

The Global Logistics Summit (GLS-2018) was held in New Delhi from April 5-6, 2018 to improve logistics and connectivity which are vital for increasing intra-state and international trade flows.

The summit was organised by Department of Commerce, Ministry of Commerce & Industry along with Federation of Indian Chambers of Commerce & Industry (FICCI) and World Bank Group. It provided platform to hold discussions for global experts, academics, government officials and private sector and industry representatives.

Logistic Sector

The sector involves transportation, material handling, warehousing, packaging, shipping security, inventory management, and supply chain management, procurement, and customs service. Government has defined logistic as multimodal logistics park comprising an Inland Container Depot (ICD) with a minimum investment of Rs.50 crore and minimum area of 10 acre. In November 2017, logistic sector was granted infrastructure status.

Importance of Logistic Sector

India spends around 14.4% of its GDP on logistics and transportation sector. It employs over 45 million people across country and its certain sub-sectors growing at rate of 15% and even 30-40% per annum. It provides efficient and cost effective flow of goods from manufacturing sector on which other commercial sectors dependent.

Month: Categories: Business & Economy Current Affairs 2018