INDIA IN VANCOUVER-WEEKLY NEWSLETTER
                       Issue no 02 -April 13 2023
                Consulate Weekly Newsletter

1st Global Tourism Investors Summit

The main objective of the Investors’ Tourism Summit is to promote the Indian travel and tourism industry as an ‘Investment Destination’ and provide a common platform for the Central/State governments and the investors to discuss investment possibilities in the tourism industry of India.The Summit will allow both domestic as well as foreign potential investors to identify state-specific investment possibilities in the segment unique to that state. The States can also simultaneously showcase their strengths to the international investors in a bid to invite investments for sprucing up their tourism infrastructure.

                        CONSULATE NEWS

                KNOW YOU MILLETS

KODO MILLET

In India, Kodo Millet (Paspalum scrobiculatum) grown mostly in the Deccan region and the cultivation extends to the foothills of Himalayas. Kodo millet is rich in dietary fiber and minerals like iron, antioxidant. The phosphorus content in kodo millet is lower than any other millet and its antioxidant potential is much igher than any other mi et and major cereals Higher amount of antioxidants helps against oxidative stress and maintain glucose concentrations in type-2 diabetes. Kodo millet is useful in curing asthma, migraine, blood pressure, heart attack and atherosclerosis, diabetic heart disease and for postmenopausal in females.

                INCREDIBLE INDIA-GOA

East meets West in this sun-soaked state, where Indian culture intertwines with Portuguese influences left over from a 500-year occupation. The beaches have long served as a magnet for serene hedonists. To the north, the tourist-centric scene is prevalent, with an international flair that is now skewing more hip than hippie. Travel south for stretches of unspoiled sand and an escape from large resorts. Temples, mosques and wildlife sanctuaries provide diversions from the beach.

                 NEWS FLASH

NEWS SEGMENT

Indian Economy Today is Open and Transparent

The Indian economy today is transparent, open and watchable, Union Finance Minister Nirmala Sitharaman told the American business community on Tuesday making a strong pitch before them to come and invest in India and be part of the country’s amazing growth story. Addressing a luncheon meeting of the US-India Strategic and Partnership Forum, Sitharaman told representatives of the top US companies that these are results of the pathbreaking and futuristic reforms, including digitisation being undertaken by Prime Minister Narendra Modi in the last nine years.

Project Tiger Turns 50: PM Modi to Launch Mega Event; Here's How India Saved The Big Cat From The Brink

Commemorating the completion of the 50th anniversary of Project Tiger, Prime Minister Narendra Modi will release the latest tiger census data and release the government’s vision for tiger conservation During ‘Amrit Kaal’ at a mega event in Karnataka’s Mysuru on April 9. A three-day event is slated to take place in Mysore from April 9, organized by the Central Government. The upcoming festivities will include the unveiling of the latest tiger census figures by Prime Minister Narendra Modi,as well as the release of a document evaluating the efficient management of tiger reserves and a vision statement outlining future efforts towards tiger conservation.

PM Modi’s 5 mantras to make India self-reliant, inclusive

Prime Minister Narendra Modi on Saturday exhorted the 140 crore people of the country to resolve to follow five vital principles - the goal of a developed India, removing traces of colonial mindset, celebrating our heritage, strengthening unity, and focussing on our duties to achieve a developed, self-reliant and inclusive India by 2,047. He said this referring to the message Swami Vivekananda gave in Tamil Nadu decades ago.

India A Rising Power In The World, Posture Very Significant, Avers Israeli Speaker Ohana

Israeli Knesset Speaker Amir Ohana on Saturday said that it is the right time to tell "the Indian people how much we (Israelis) appreciate and love them and to thank them for the centuries of accepting the Jewish community within them." In an exclusive interview with Republic TV's Senior News Editor Sanika Kanekar, Israeli Speaker Ohana talked about the relations between India and Israel while terming them "so good" and called India a "rising power in the world".

Charting India’s rise to $1 trillion in exports

India’s exports of goods and services soared above $750-billion in the 75th year of Independence as we celebrated Azadi Ka Amrit Mahotsav. The record performance in 2022-23 is a remarkable achievement in a challenging global environment, with the pandemic, followed by the Ukraine conflict, disrupting business activity around the world.

Electric Vehicle Sales Cross 1 Million Mark In FY 2023

The industry registered sales of 1,152,021 electric vehicles, which include buses, cars, three-wheelers and two-wheelers running on the electric powertrain, showed data SMEV, which attributed the shortfall in achieving targets to the lack of subsidy payments following a question mark on the quantum of localisation. Two-wheelers comprise the bulk of overall EV sales in the country.

India is going to be a credible, relevant partner in global aviation

When we talk about climate change, Small Modular Reactors (SMR) play a very important role. The U.K. Government and Rolls- Royce are working together very closely to develop a product, which would be approximately 400 megawatts. I think that’s the future of sustainable power generation. And, we definitely are very keen to participate in India, says Rolls Royce India & South Asia president Kishore Jayaraman

Indian economy looking good because of focus on infrastructure

The Indian economy is looking good despite global headwinds because of the focus on infrastructure, Tata Steel managing director TV Narendran has said.
“Globally there is some concern because of the fragility of some of the economies but I think the Indian economy is looking good because of the focus on infrastructure," Narendran told CNBC TV-18 on the sidelines of the Indian All India Management Association Awards.Narendran also sort to draw a link between steel consumption and gross domestic product (GDP) growth. "Steel consumption in my view should reflect the GDP growth rate, so if the GDP is going to grow at six-and-a-half -seven percent, I expect steel consumption to grow at least that rate," the Tata Steel MD said.

India has more rural Internet Users

India has more rural internet users than urban users and the nation is the world's number one in digital transactions, Prime Minister Narendra Modi said here on Saturday, inaugurating several projects in the road and railway sectors. In his address, Modi said India has been witnessing a revolution in terms of infrastructure.

Big boost for Modi Govt's Digital India - UPI achieves this feat

Ever since Prime Minister Narendra Modi assumed office, he has introduced several initiatives to boost his government's ambitious ‘Digital India’ project. According to a latest report, Unified Payments Interface (UPI) emerged as the second most preferred repayment method for digital loans while SIP (Systematic Investment Plan) has been chosen as the most popular investment option for millennials..

Back India's tourism booms: Foreign exchange earnings soar by 107% in 2022

The tourism industry has shown good signs of revival after the Covid-19 pandemic, the Ministry of Tourism said.According to the government's provisional estimates, the foreign exchange earnings from tourism in the country increased by 107% from ₹65,070 crore in 2021 to ₹1,34,543 crore in 2022.

New York museum announced to return 15 stolen antiquities to India

As per the latest development, the New York’s Metropolitan Museum of Art has announced that it will be returning 15 Indian sculptures after it learned that the items were trafficked. As per the press release from the museum, it stated that all the works were sold by Subhash Kapoor, a convicted Indian-American antiquities smuggler, and that Kapoor was arrested by Interpol in Germany in 2011 and is currently imprisoned in India.

IMF paper hails India's public digital infrastructure

India's digital public infrastructure, one of the biggest success stories of the country, has got a thumbs up from the International Monetary Fund.While praising India's digital public infrastructure, a recent paper by the IMF noted that the country's digital journey has "lessons for other countries embarking on their own digital transformation."

"Very strong economy...," IMF division chief Daniel Leigh on India's growth trajectory

International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."He said that India is one of the bright spots in the global economy right now with a high growth rate.

US gives thumbs up to Indian aviation safety oversight as FAA retains DGCA's IASA category 1 status

In a big boost to Indian carriers' ambitious global network expansion plans, the US Federal Aviation Administration has retained the Indian Directorate General of Civil Aviation's (DGCA) top notch safety oversight ranking. The FAA on Wednesday informed DGCA that India meets the international standards for aviation safety oversight of the Chicago Convention "and continues to retain FAA International Aviation Safety Assessment (IASA) Category 1 status which was last assessed in July 2018," said a senior regulatory officer.

5 Indian-Origin Women In The List Of 100 Most Influential Women In American Finance

Five Indian-origin women have made it to Barron's list of the 100 most influential women in the American financial sector. This prestigious list celebrates women who have shattered the glass ceiling and made a significant impact in the world of finance. The list, which is now in its fourth year, features both established and emerging leaders in various sectors including finance, corporate, NGO, and government.

Scientists develop eco-friendly 3D printed polymer parts from terrestrial insects

An international team, including researchers from India, has successfully developed a method of using a compound from terrestrial insects to manufacture eco-friendly polymer composite parts with the 3D printing method. The researchers, including those from Sri Ramakrishna Engineering College in Tamil Nadu, used Chitosan derived from chitin, a compound found in the exoskeletons of arthropods such as insects, as well as in sea creatures such as the shells of crabs

IIT Madras researchers develop virtual reality-based education model for rural schools

The Indian Institute of Technology Madras (IIT Madras) researchers have developed augmented reality and virtual reality-based (AR/VR-based) enabled learning for schools in rural areas. The IIT Madras researchers have used digital technologies to develop teaching-learning models for subjects taught in secondary schools in rural areas of the country..

6 Indian-Americans win 2023 Guggenheim Fellowships

Six Indian-Americans are among a diverse group of 171 scientists, writers, scholars, and artists across 48 fields who have been chosen out of almost 2,500 applicants for the 2023 Guggenheim Fellowships. Scholars Animashree Anandkumar, Venkatesan Guruswami, Abraham Verghese, Projit Bihari Mukharji, Prineha Narang and Leela Prasad (South & Southeast Asian Studies) were selected on the basis of prior achievement and exceptional promise.

Indian-American mathematician C R Rao awarded International Prize in Statistics at 102

Indian-American mathematician Calyampudi Radhakrishna Rao will receive the 2023 International Prize in Statistics, known to be the equivalent of the Nobel Prize in the field of statistics. C R Rao has been awarded the top prize for his monumental work 75 years ago that revolutionised statistical thinking. The International Prize in Statistics Foundation in a statement said that Rao's work, more than 75 years ago, continues to exert a profound influence on science.

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