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Where did the government and Federation of Indian Chambers of Commerce and Industry (FICCI) together launch India-Central Asia Business Council in February 2020?

Where did the government and Federation of Indian Chambers of Commerce and Industry (FICCI) together launch India-Central Asia Business Council in February 2020? Correct Answer New Delhi

  • The government and Federation of Indian Chambers of Commerce and Industry (FICCI) together launched India-Central Asia Business Council in New Delhi on 6 February 2020.
  • The nominated chambers from India, Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan came together to formally declare their association to collaborate and provide an industry view to the governments of the six countries.
  • The Council will also share its recommendations on how to promote business in the region and with each other.

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In the wake of globalization and digitization of the manner in which the business are conducted, the IT/ITES industry holds a significant place in the future business scenario. The Economic Survey 2017-18 mentioned that the IT/ITES services industry in India has scaled to around $140 billion during 2016-17. India today is globally the top outsourcing destination accounting for more than half of the market share. The IT/ITES industry has contributed around 7.7% of the country's GDP and according to IBEF is a key employment generator with a projection of creating 1.3-1.5 lakh new jobs annually. Which among the following arguments support the above statement in the best possible manner? Arguments: I. The Government has also provided considerable inputs to the industry with its various flagship programmes such as Digital India, Smart Cities, e-Governance coupled with a drive towards a cashless economy. II. The Government has been pro-active in considering demands of the industry and providing timely respite from the teething troubles under GST as well.  III. The IT/ITES industry is a labour intensive industry and a large scale employment generator. It is a common practice across the industry to provide various privileges and facilities to their staff in order to boost employee retention rates in their organisation.
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