Wings India-2022: The Ministry of Civil Aviation, Airports Authority of India (AAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) is jointly organising Wings India 2022 from 24th – 27th March 2022, Begumpet Airport, Hyderabad, India. It is Asia’s largest event on Civil Aviation (Commercial, General and Business Aviation). It is in synergy with India’s commitment to transform the country into World’s top aviation hub. It seeks to provide a congenial forum catering to the rapidly changing dynamics of the sector, focusing on new business acquisition, investments, policy formation and regional connectivity. It will provide a much-desired fillip to the aviation and restructured focused forums shall be instrumental in attaining the objective of connecting the Buyers, Sellers, Investors, and other stakeholders at a common vantage forum ‘Wings India 2022’.
NIPUN-BHARAT: The Ministry of Education has launched NIPUN (National Initiative for Proficiency in Reading with Understanding and Numeracy) Bharat Scheme. It aims to cover the learning needs of children in the age group of 3 to 9 years. Objective: To create an enabling environment to ensure universal acquisition of foundational literacy and numeracy, so that every child achieves the desired learning competencies in reading, writing and numeracy by the end of Grade 3, by 2026-27.
Disinvestment: Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets. The government undertakes disinvestment to reduce the fiscal burden on the exchequer, or to raise money for meeting specific needs, such as to bridge the revenue shortfall from other regular sources.
Strategic Disinvestment: Strategic disinvestment is the transfer of the ownership and control of a public sector entity to some other entity (mostly to a private sector entity). Unlike the simple disinvestment, strategic sale implies a kind of privatization. The disinvestment commission defines strategic sale as the sale of a substantial portion of the Government shareholding of a central public sector enterprises (CPSE) of upto 50%, or such higher percentage as the competent authority may determine, along with transfer of management control. The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance is the nodal department for the strategic stake sale in the Public Sector Undertakings (PSUs).
UNHCR: UNHCR, the UN Refugee Agency, is an international organisation working to saving lives, safeguarding the rights and providing a better future for refugees, forcibly displaced communities and stateless people. The organisation’s target audience includes refugees, people who are forcibly displaced from their homes, asylum seekers, internally displaced persons and stateless people. The UNHCR was established in 1950 in the wake of the mass displacements caused due to the Second World War in Europe. The UNHCR is headed by the High Commissioner for Refugees. Its parent organisation is the United Nations General Assembly (UNGA). India is not a signatory to the 1951 Refugee Convention.
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