The Government of India has approved a USD 1 billion line of credit (LoC) for Sri Lanka, to help the Island nation for importing food, essential items and medicine.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
A total of 57 National Water Awards for 2022 have been conferred to states, organizations and others in 11 different categories, at the 3rd National Water Awards.
EXAMIANS