India also plans to get city-state on board to participate in smart cities as part of Delhi-Mumbai industrial corridor, says MEA after foreign ministers’ meet
Shreerupa Mitra-Jha | July 1, 2014 | New Delhi
Singapore companies are being encouraged to invest in infrastructure development in the Delhi-Mumbai corridor (DMIC), Chennai-Bangalore industrial corridor (CBIC), the Northeast and in the Buddhist circuit, the ministry of external affairs (MEA) said on Tuesday following external affairs minister Sushma Swaraj’s meeting with her Singapore counterpart K Shanmugam.
India also plans to get Singapore on board to participate in the smart cities project as part of DMIC, the MEA said.
In a meeting largely focused on economic and trade-related issues, the two ministers also discussed urban delivery projects. India will learn from the best practices of such projects in Singapore, according to the MEA.
The city-state has the largest foreign direct investment (FDI) flow to India. Last year, it was also the destination of the largest foreign investment abroad from India. In terms of trade engagements, India has the largest trading relationship with Singapore in the ASEAN (association of southeast Asian nations) bloc.
The MEA has also accepted taking part in the 50th anniversary celebration of the establishment of diplomatic relations between India and Singapore on August 16 this year. Besides state visits, stamps and publications will be released to mark the occasion.
The island-nation plans a yearlong celebration starting August, celebrating one aspect of the India-Singapore relationship every month. There will also be people-to-people exchanges.
MEA spokesperson Syed Akbaruddin said, since “skill, scale (and) speed is the focus of the new government”, the government plans to pursue an MoU signed in 2012 to set up a world-class skill institute in New Delhi.
People queued up since early morning to cast their ballot to decide the political fate of 851 candidates in the second and final phase of the bitterly fought Gujarat assembly elections. The votes in all the 182 seats will be counted on December 18. Over 22 million people are eligible to cast
Had the situation not been so desperate, then the AAP government’s proposal to sprinkle water from helicopters would have been considered hare-brained. But, a more practical solution to tackling air pollution may well be around the corner and it lies in the success of a pilot project in Iceland.
Would demonetisation and GST have an impact on the Gujarat elections?
In the organized manufacturing and service sector, employment is expected to increase from the current 38 million to 46-48 million by 2022, a new study has found. All the new forms of employment are expected to add a further 20% - 25% to the workforce of the current deﬁned “or
A day before a Supreme Court bench takes up petitions opposing mandatory Aadhaar linkage with several government services, the government has withdrawn its December 31 deadline to link Aadhaar with bank ac
A wide swathe of economic activities was nationalised in India after independence, and especially during Indira Gandhi’s prime ministership, for predominantly political reasons. But state ownership was also justified as a way to correct market failures, increase investible surpluses, and pursue wider