Last Updated : Jun 16 2019 8:53PM     Screen Reader Access
News Highlights
All-party meeting held in New Delhi ahead of Parliament session            Election Commission announces by-polls to six Rajya Sabha seats            Maharashtra Cabinet expanded with induction of 13 new ministers            Death toll mounts to 83 due to Encephalitis in Bihar            ICC World Cup: India set victory target of 337 runs for Pakistan at Manchester           

Business News

Oct 05, 2018
8:50PM

Prabhu announces setting up of fast track mechanism to promote Russian investments in India

NSD Logo
Minister of Commerce and Industry, Suresh Prabhu today announced the setting up of a fast track, single-window mechanism to promote Russian investments in India.

The Minister was addressing the India - Russia Business Summit organized by the Department of Industrial Policy and Promotion (DIPP), Invest India and Confederation of Indian Industry (CII) in New Delhi. 

Mr Prabhu said that the new mechanism will be helmed by Secretary of DIPP, Ministry of Commerce and Industry.

He said there is an opportunity for India and Russia to collaborate in fields like hydrocarbons, gold and diamond, timber, pharma, agriculture, power generation, aviation, railways and logistics. Speaking on the occasion, Minister for Economic Development of Russia, Maxim Oreshkin, said that Russia is preparing a strategy to increase economic cooperation with India. 

The new mechanism would be in addition to the Russia Desk that had been set up earlier to promote Russian investment in India.

Mr Prabhu informed that the work on the International North-South Transport Corridor was underway and signing of a Free Trade Agreement with Eurasian Economic Union soon, will create a huge market benefiting all countries of the region and promote inter-regional partnerships between the states of India and the regions of Russia.

Live Twitter Feed

Listen News

Morning News 16 (Jun) Midday News 16 (Jun) News at Nine 15 (Jun) Hourly 16 (Jun) (2000hrs)
समाचार प्रभात 16 (Jun) दोपहर समाचार 16 (Jun) समाचार संध्या 15 (Jun) प्रति घंटा समाचार 16 (Jun) (1900hrs)
Khabarnama (Mor) 16 (Jun) Khabrein(Day) 16 (Jun) Khabrein(Eve) 15 (Jun)
Aaj Savere 16 (Jun) Parikrama 15 (Jun) Lok Ruchi Samachar 16 (Jun)

Listen Programs

Market Mantra 16 (Jun) Samayki 16 (Jun) Sports Scan 15 (Jun) Spotlight/News Analysis 14 (Jun) Samachar Darshan 16 (Jun) Radio Newsreel 15 (Jun)
    Public Speak

    Country wide 13 (Jun) Surkhiyon Mein 13 (Jun) Charcha Ka Vishai Ha 5 (Jun) Vaad-Samvaad 11 (Jun) Money Talk 11 (Jun) Current Affairs 14 (Jun)