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Daily PIB Summary - 06 September 2018

Press Information Bureau India

PIB Summary

President of India in Bulgaria: delivers an address at Sofia University; leads delegation level talks. India and Bulgaria sign five agreements 
  • The President of India, Shri Ram Nath Kovind, reached Bulgaria yesterday (September 4, 2018) on the second leg of his state visit to three European nations – Cyprus, Bulgaria and the Czech Republic.
  • The President delivered an address at Sofia University on the theme “Education as an Instrument of Change and Shared Prosperity”. 
  • The President said the 21st century is an era of dramatic technological change. The Fourth Industrial Revolution, Artificial Intelligence, and the maturing of robotics and of 3D and precision manufacture are changing how we live and work. Digital technologies are allowing us to make jumps that were hitherto not possible.
  • The President said his visit is aimed at further strengthening India-Bulgaria political relations and building an economic partnership. Subsequently, the President led delegation-level talks between the two sides.
  • Following the delegation-level talks, bilateral agreements were signed and exchanged. India and Bulgaria have signed five agreements during President Kovind’s visit:
    • An agreement between Invest India and Invest Bulgaria
    • An agreement on cooperation in and facilitation of tourism
    • An agreement on enhanced science and technology cooperation
    • An agreement on civil nuclear research and cooperation
    • An agreement between the Indian Council of Cultural Relations and Sofia University to promote Hindi studies
Cabinet approves establishment and operationalization of permanent campus of seven new IIMs
  • The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the establishment and operationalization of permanent campus of seven new Indian Institutes of Management (IIMs) at Amritsar, Bodh Gaya, Nagpur, Sambalpur, Sirmaur, Vishakhapatnam and Jammu, and their recurring expenditure at a total cost of Rs 3775.42 crore
  •  These institutes are presently functioning from transit campuses.
  • The construction of permanent campus of these institutes shall be completed by June, 2021. With this, all the 20 IIMs will have their own permanent campuses.
Tourism Ministry has Sanctioned Projects of Rs. 80.37 Crores for Development of Rural Circuit In Kerala
  • Minister of State for Tourism (I/C) Shri K.J. Alphons today announced that the Ministry of Tourism has sanctioned the project “Development of Rural Circuit: Malanad Malabar Cruise Tourism Project’ in Kerala under Swadesh Darshan Scheme for Rs. 80.37 Crores. The project focuses on development of water based thematic cruise experiences in and around Valapattanam and Kuppam Rivers of Kannur District. 
  • The three thematic cruises developed under the project are as follows:
    a) Malabari Cuisine and Culinary Cruise in Valapattanam River (Muthappan Cruise) - Cruise starts from Valapattanam to Munambu Kadavu in Valapattanam River with an effective Cruise Length of 40 km.
    b) yyam Cruise in Valapattanam River - Cruise starts from Valapattanam to Pazhayangadi in Valapattanam River with an effective length of 16 km.
    c) Mangrove Cruise in Kuppam River - Cruise starts from Pazhayangadi to Kuppam in Kuppam River with an effective Cruise length of 16 km.

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