The Central Government announced FDI reforms in 15 major sectors
The Government in the last few months has introduced many FDI policy reforms in a number of sectors viz. Defence, Rail Infrastructure, Construction Development, Insurance, Pension Sector, Medical Devices, White Label ATM Operations, Investments by NRIs on non-repatriation basis and has introduced composite cap for foreign investment. Measures undertaken by the Government have resulted in increased FDI inflows in the country. However, it was felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime.
The Government in order to boost the investment environment and to bring in foreign investments in the country, has brought in FDI related Reforms and liberalisation touching upon 15 major Sectors of the Economy. The salient measures are:
· Limited Liability Partnerships, downstream investment and approval conditions.
· Investment by companies owned and controlled by Non-Resident Indians (NRIs)
· Establishment and transfer of ownership and control of Indian companies
· Agriculture and Animal Husbandry
· Plantation
· Mining and mineral separation of titanium bearing minerals and ores, its value addition and integrated activities
· Defence
· Broadcasting Sector
· Civil Aviation
· Increase of sectoral cap
· Construction development sector
· Cash and Carry Wholesale Trading / Wholesale Trading (including sourcing from MSEs)
· Single Brand Retail Trading and Duty free shops
· Banking-Private Sector; and
· Manufacturing Sector
The Crux of these reforms is to further ease, rationalise and simplify the process of foreign investments in the country and to put more and more FDI proposals on automatic route instead of Government route where time and energy of the investors is wasted.
For Details of these changes click the following link.
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Naresh —
Hillary will be on that debate stage tomorrow making her case for how she’s going to help millions of Americans — and that’s exactly who’s going to get her to the White House.
This campaign won’t be decided by a handful of billionaires writing checks; it will be won or lost on the actions of everyday people giving whatever they can to support this campaign.
I hope she can count on you. She’s working for all of us. Let’s make sure she knows she has our support:
Thanks,
Bill
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hoo.com
Today at 3:02 AM
M6.5 – NORTHWEST OF THE RYUKYU ISLANDS
| Magnitude | 6.5 |
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| Location | 31.058N 128.816E |
| Depth | 10 km |
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ACG-NBA JUMP COMES TO CHANDIGARH
–Second Leg of the Program to be held at Sector 42 Stadium –
–Top Player from the Program will Attend the NBA Development League
National Tryout in the United States –
National Tryout in the United States –
CHANDIGARH, Nov. 14, 2015 – The second leg of ACG-NBA Jump, India’s first national basketball talent search program will tip off in Sector 42 Stadium, Chandigarh on November 21, 2015. Satnam Singh, the first Indian-born player to be drafted into the NBA, had tipped off the program at the Thyagraj Sports Complex in Delhi on Oct. 26. As part of the National Basketball Association (NBA) and ACG Worldwide Group’s (ACG) commitment to grow basketball in India, the first-of-its-kind program will provide basketball players from around the country the opportunity to develop their skills under the guidance of NBA-certified coaches. One top player from the ACG-NBA Jump program will receive the opportunity to attend an NBA Development League (NBA D-League) tryout in the United States.
“ACG-NBA Jump is the next step in our continued commitment to grow the game of basketball in India,” said NBA India Managing Director Yannick Colaco. “With Sim Bhullar becoming the first player of Indian descent to play in the NBA and Satnam Singh becoming the first Indian-born player to be drafted into the NBA, basketball playing youth in India now have relatable figures to look up to, and this program will give them the opportunity of a direct path to the professional ranks.
“Promotion of sports and youth development has always been a part of ACG’s CSR vision and this program is an important milestone towards realization of this vision,” said ACG Director Karan Singh. “Overarching goal of the program is to identify and hone huge untapped talent pool of basketball in India. We strongly believe that our partnership with NBA to tap this potential can create a solid platform for the aspirants who are talented but do not have access to such platforms. This initiative will also take basketball to almost every corner of India and encourage the youth to take it up as a serious sporting option.”
ACG-NBA Jump will be broken up into three phases. In the first phase, six regional, one-day elite camps will be held in six cities: Delhi, Chandigarh, Hyderabad, Mumbai, Chennai and Kolkata. The second phase will consist of a national elite training camp where 32 players selected from the six regional camps will assemble for a four-day training period. In the third and final phase, one top player from the national elite training camp will be selected to attend the NBA D-League National Tryout in the United States for the opportunity to earn a spot on an NBA D-League roster. The selected player will continue to undergo training up until the tryout in June 2016.
Sony SIX, the official broadcaster of the program, will create a feature around ACG-NBA Jump, following the program through its various stages and tracking the winner up until his NBA D-league tryout.
The NBA D-League is the NBA’s official minor league, serving to develop players, coaches, and front office executives. Entering its 15th season, the NBA D-League features 19 teams in the U.S. and Canada, each of which is singly-affiliated with an NBA parent club. An all-time high 38% of players on 2014-15 NBA end-of-season rosters had NBA D-League experience.
Visit www.acgnbajump.com to learn more about the program. Fans can follow the NBA on Facebook (facebook.com/NBAIndia) and on Twitter (@NBAIndia) and download the NBA App for the latest news, updates, scores, stats, schedules, videos and more.
Program Schedule
City
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Dates
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Venue
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Delhi
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26th October
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Thyagaraj Stadium (Completed)
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Chandigarh
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21st November
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Sector 42 Indoor Stadium
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Hyderabad
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28th November
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Gadchibowli Stadium
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Mumbai
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12th December
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IIT Powai
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Kolkata
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9th January, 2016
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Netaji Indoor Stadium
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Chennai
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16th January, 2016
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Santhome School Indoor Stadium
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About the NBA:
The NBA is a global sports and media business built around three professional sports leagues: the National Basketball Association, the Women’s National Basketball Association, and the NBA Development League. The league has established a major international presence with games and programming in 215 countries and territories in 49 languages, and NBA merchandise for sale in more than 125,000 stores in 100 countries on 6 continents. NBA rosters at the start of the 2015-16 season featured 100 international players from 37 countries and territories. NBA Digital’s assets include NBA.com and NBA Mobile, which achieved record traffic during the 2014-15 season, as well as NBA TV. The NBA has created one of the largest social media communities in the world, with more than 915 million likes and followers globally across all league, team, and player platforms. Through NBA Cares, the league addresses important social issues by working with internationally recognized youth-serving organizations that support education, youth and family development, and health-related causes.
About ACG Worldwide
ACG Cares Foundation is a community service platform for the ACG Worldwide Group. The ACG Worldwide Group is a leading provider of pharmaceutical machinery and products to pharmaceutical companies around the world. ACG is a global leader in hard two piece capsules shells. The group comprises of 14 companies, including subsidiaries in China, USA, Indonesia, Brazil, Thailand and Europe. ACG has 15 manufacturing facilities and more than 4000 associates working around the world. Since its inception, ACG has endeavored to fulfill its responsibility towards society and CSR has always been a part of organizational philosophy. ACG has been working with communities long before CSR became an area of active interest amongst majority of stakeholders. . ACG’s CSR programme is driven by the basic premise of ‘Giving Back’ to the society and it is channelized through ‘ACG Cares Foundation’, which has actively pursued interventions in the thematic areas of Health, Education, Promotion of Sports and Environment.
About the NBA Development League:
The NBA Development League is the NBA’s official minor league, preparing players, coaches, officials, trainers, and front-office staff for the NBA while acting as the league’s research and development laboratory. Featuring 19 teams with direct affiliations with NBA franchises for the 2015-16 season, the league offers elite professional basketball at an affordable price in a fun, family-friendly atmosphere. An all-time high 38 percent of all NBA players at the end of the 2014-15 season boasted NBA D-League experience. In fostering the league’s connection to the community, its teams, players and staff promote health and wellness, support local needs and interests, and assist in educational development through NBA D-League Cares programs. Fans can watch all NBA D-League games onnbadleague.com.
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