Things Happened Today | 10th January

Cabinet Meeting: Important decisions taken by cabinet in today's Cabinet Meeting
  • Cabinet approves MoU between India and Canada for cooperation in the field of Science & Technology
  • Cabinet approves Cadre review of Group 'A' Executive Cadre of Central Industrial Security Force
  • Cabinet approves implementation of CCEA (Cabinet Committee on Economic Affairs) decision on closure of Tungabhadra Steel Products Limited
  • Cabinet approves fixed term for Chairperson and Members of the National Trust
  • FDI policy further liberalized in key sectors


100% FDI in Single Brand Retail: Government approval no longer required for FDI in Single Brand Retail Trading (SBRT). Extant FDI policy on SBRT allows 49% FDI under automatic route, and FDI beyond 49% and up to 100% through Government approval route. It has now been decided to permit 100%, PTI quoted.

FDI in Civil Aviation: Under current policy foreign airlines are allowed to invest under Government approval route in the capital of Indian companies operating scheduled and non-scheduled air transport services, up to the limit of 49% of their paid-up capital. However this provision was presently not applicable to Air India, thereby implying that foreign airlines could not invest in Air India.This has now been done away with, allowing foreign airlines to invest up to 49 per cent under approval route in Air India subject to the conditions that the foreign investment in Air India shall not exceed 49 per cent either directly or indirectly. “Substantial ownership and effective control of Air India shall continue to be vested in Indian National,” it said.

Virtual ID for Aadhar: To protect the citizen's privacy, UIDAI (Unique Identification Authority of India) today introduced the concept of 'Virtual ID'. An Aadhar card holder can generate a virtual id from the UIDAI web site and give for various purposes, including SIM verification, instead of sharing the actual 12 digit Aadhar number.This will give the users the option of not sharing their actual Aadhar number at the time of authentication. This ID would be 16 digit random number. User can generate as many Virtual IDs as he or she wants. The older ID gets automatically cancelled once a fresh ID is generated.

 Matunga Railway Station: Matunga railway station enters Limca book for all women staff.

Transport Workers Strike in TN: Tamil Nadu government today announced Rs.750 crore for retirement dues of transport workers. With CM K Palaniswami urging the agitators to withdraw the 7-day old agitation TN government announced that Rs.750 crore would be released this week towards retirement benefits.

 Aanchal Thakur gives India its 1st international medal in skiing.She won bronze in the Alpine Ejder 3200 Cup organised by Federation International de ski (FIS).

 CBSC Exams: Class 10 and 12 CBSC exam will start from March 5 and end on 4th April for class 10 and April 12 for class 12.

 World Hindi Day: Every year 10th January is observed as World Hindi Day to mark the first anniversary of World Hindi Conference. WHC was first held in 1975 and was inaugurated by the then Prime Minister Indira Gandhi. It was first observed on 10 January 2006.


Stay tuned for more updates. Please feel free to comment.

You may also like to Read:

FDI in Multi Brand Retail 
https://politoeconomy.blogspot.in/2016/10/fdi-in-multi-brand-retail.html

Things Happened Today | 9th January
https://politoeconomy.blogspot.in/2018/01/things-happened-today-9th-january.html

 Things Happened Today | 8th January
https://politoeconomy.blogspot.in/2018/01/things-happened-today-8th-january.html

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