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Padma Awards 2016

Padma Awards were instituted in the year 1954,these awards have been announced every year on Republic Day.(Except  1977 and 1980 and 1993 to 1997) The award seeks to recognize work of any distinction and is given for distinguished and exceptional achievements/service in all fields of activities/disciplines, such as Art, Literature and Education, Sports, Medicine, Social Work, Science and Engineering, Public Affairs, Civil Service, Trade and Industry etc. All persons without distinction of race, occupation, position or sex are eligible for these awards. The award is given in three categories: 1. Padma Vibhushan  : Second degree honour for ‘exceptional and distinguished service’. The criteria includes “service in any field including service rendered by Government servants” but excluding those working with the Public sector undertakings with the exception of doctors and scientists. 2.Padma Bhushan : Third degree honour for ‘distinguished ...

Raghuram Rajan named Central Banker of the Year by The Banker

Reserve Bank of India (RBI) Governor  Raghuram Rajan  has been felicitated with the  Central Banker of the Year Award (Global and Asia Pacific) for 2016   by  The Banker , the Financial Times Group’s monthly publication. The Banker  is an English-language monthly international financial affairs publication owned by The Financial Times Ltd. and edited in London. The Banker also conducts awards for Deals of the Year, Innovation in Banking Technology, Investment Banking, Finance Minister of the Year, Central Bank Governor of the Year, Private Banking and Islamic Bank of the Year. At 7.4%, India’s 2015 third-quarter gross domestic product growth was the strongest among large economies; the rupee was one of the few stable emerging market currencies in 2015; and a clear financial market liberalisation path is attracting foreign investors and making India’s financial markets more sophisticated. In recognition of the Reserve Bank of India’s (RBI) c...

DAVA project wins 2015 eASIA Award

The Department of Commerce’s DAVA (Drug Authentication and Verification Application) project has won the 2015 eASIA Award under Trade Facilitation category as announced by Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT) in Tehran, Iran.   DAVA project launched on June 29, 2015 created an integrated platform for implementation of the Track and Trace system both for exports and domestic markets of Drugs and Pharmaceuticals . It is in the pilot stage and will be subsequently made mandatory for all pharmaceutical exports from India.   The DAVA project is an initiative of Government of India which aims to cover all the drugs manufactured in India.  Indian Pharmaceutical industry has approximately 250 large units and more than 8,000 small and medium scale units. The project will provide simpler means to the consumer and regulatory agencies for establishing drug authentication and protect the India’s Brand image in international trade.   ...