5-Jul-2023: DGCA signs MoU with European Union Aviation Safety Agency for unmanned aircraft systems & Innovative air mobility

The Directorate General of Civil Aviation (DGCA) India has signed a Memorandum of Understanding (MoU) with the European Union Aviation Safety Agency (EASA) for cooperation in Unmanned Aircraft Systems and Innovative Air Mobility. This MoU will focus on collaboration on unmanned aircraft and innovative air mobility between the two civil aviation authorities.

This collaboration would include cooperation between DGCA and EASA in the areas of development of certification standards and environmental standards and related requirements for the certification and use of unmanned aircraft systems and innovative air mobility operations which includes licensing of personnel, training, air traffic management and infrastructure, including Unmanned Aircraft System Traffic Management (UTM) standards and services.

17-May-2023: Cabinet approves signing of Memorandum of Understanding between Competition Commission of India and Egyptian Competition Authority

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved the signing of Memorandum of Understanding (MoU) between Competition Commission of India (CCI) and Egyptian Competition Authority (ECA).

Implementation Strategy and Targets: The MoU envisages promotion and strengthening of cooperation in competition law and policy through exchange of information, sharing of best practices as well as through various capacity building initiatives. The MoU also aims to develop and strengthen linkages between CCI and ECA, and learn and emulate from each other's experiences in the enforcement of competition law in their respective jurisdictions through experience sharing and technical cooperation.

8-May-2023: Union Finance Minister Smt. Nirmala Sitharaman chairs the 27th Meeting of the Financial Stability and Development Council (FSDC)

Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman chaired the 27th Meeting of the Financial Stability and Development Council (FSDC) here today, for the first time after the announcement of the Budget 2023-24.

During the meeting of the Council, it was discussed that the policy and legislative reform measures required to further develop the financial sector may be formulated and implemented expeditiously to not only increase the financial access of the people, but also increase their overall economic well-being.