India-Myanmar-Thailand Trilateral Highway: It is a significant regional connectivity project that aims to establish a road link between India, Myanmar, and Thailand. The highway will span a distance of approximately 1,360 kilometres (845 miles), starting from Moreh in Manipur, India, and passing through Myanmar before reaching Mae Sot in Thailand. It was first proposed by former Prime Minister Atal Behari Vajpayee and was approved at a ministerial-level meeting between India, Myanmar and Thailand in April 2002. The India-Myanmar Friendship Road forms the first segment of the IMT Highway. It runs from the border at Tamu/Moreh to Kalemyo and Kalewa.On the Indian side, the project is being implemented by the Ministry of External Affairs (MEA) with the cooperation of its counterparts in Myanmar and Thailand and budgetary allocation from the Ministry of Finance.
Exercise Nomadic Elephant: It is the 15th edition of a bilateral joint military exercise. It is an annual training event with Mongolia which is conducted alternatively in Mongolia and India.
The primary theme of the exercise will focus on counter-terrorism operations in mountainous terrain under a United Nations mandate.
The scope of this exercise involves a Platoon level Field Training Exercise (FTX).
Asia-Pacific Economic Cooperation (APEC): It is a forum of 21 Asia-Pacific economies established in 1989.Australia; Brunei Darussalam; Canada; Chile; People’s Republic of China; Hong Kong, China; Indonesia; Japan; Republic of Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; the Philippines; the Russian Federation; Singapore; Chinese Taipei; Thailand; the United States of America; Vietnam are the members. It seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. The APEC Secretariat, headquartered in Singapore, provides advisory and logistic services as well as research and analysis.APEC decisions are reached by consensus, and commitments are made on a voluntary basis.
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Production Linked Incentive Scheme 2.0: The scheme proposes a financial incentive to boost domestic manufacturing and attract large investments in the value chain. The target segments under PLI 2.0 Scheme shall include Laptops, Tablets, All-in-One PCs and Servers and Ultra Small Form Factor. Companies, both global and domestic, that meet the eligibility criteria specified in the PLI 2.0 Scheme guidelines will receive support for manufacturing goods in India within the specified target segment. The classification of applicants into the Hybrid (Global/Domestic) category will be determined by whether the company is domestic or global.
A comprehensive ranking of all applicants will be maintained based on the eligibility criteria outlined in the scheme guidelines. Subsequently, the selection of applicants in each category—global, hybrid, and domestic—will be based on their ranking and overall PLI projection, subject to the availability of the budget. The incentives provided under the PLI 2.0 Scheme will be applicable for a period of 6 years. For the calculation of net incremental sales of manufactured goods, the base year will be the financial year 2022-23. The incentive granted to each company will be based on the net incremental sales of manufactured goods in the target segment, compared to the base year. The maximum incentive amounts will be capped at INR 45 billion for global companies, INR 22.50 billion for hybrid (global/domestic) companies, and INR 5 billion for domestic companies.
