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%.
The Union Minister of Railways, Communications, Electronics and Information Technology, Shri Ashwini Vaishnav has examined the trial of the "Kavach" methodology between Gullaguda and Chitgidda railway stations.
The government of Odisha and the National Bank for Agriculture and Rural Development (NABARD) signed an agreement for the creation of fisheries infrastructure to boost fish production.