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Economic Newsletter – September 2019

Economic

 Focus Issues  High Impact News
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PM Modi launches Nation-wide Fit India Movement
Prime Minister Narendra Modi launched a nation-wide Fit India Movement on August 26, 2019 and urged people to become more aware of importance of health and good life. Viewed as a health enthusiast himself, Prime Minister asked people to take the pledge for a fitter India..
 
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Tata Housing completes first phase of One Colombo Redevelopment Project
The first phase of the Slave Island Redevelopment Project, Metro Homes, was inaugurated on August 2, 2019 and handed over to the beneficiaries by Prime Minister of Sri Lanka Ranil Wickremesinghe. Minister of Megapolis and Western Development..
 
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Delhi airport to have 4 runways, a first in India
The Indira Gandhi International Airport (IGIA) in the National Capital has commenced its next phase of infrastructure expansion plan which will enable it to handle 100 million passengers per annum (MPPA) in the next three years..
 
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Minister of Plantation Industries and High Commissioner of India inaugurate COMPLAST 2019
Navin Dissanayaka, Minister of Plantation Industries of Sri Lanka and H.E. Taranjit Singh Sandhu, High Commissioner of India inaugurated 6th Edition of COMPLAST..
 
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India introduces flexible e-tourist visa with lower fee for lean season
India introduced a flexible e-tourist visa regime based on tourist footfall, with higher fee for July to March peak season and a considerably lower fee if the visit to the country falls during April to June lean period.  This move was to encourage tourists to visit India.
 
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Sri Lanka’s first vehicle assembly plant launched in Mathugama
Prime Minister of Sri Lanka, Ranil Wickremesinghe and High Commissioner of India H.E. Taranjit Singh Sandhu, inaugurated Sri Lanka’s first vehicle assembly plant built by Mahindra Ideal Lanka (Pvt.) Ltd in Mathugama on August 17, 2019. Mahindra Ideal Lanka (Pvt.) Ltd..
 
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Sri Lankan Government helps companies eyeing Indian market entry
To help Sri Lankan companies eyeing the Indian market, the International Trade and Development Strategies Ministry on August 6, 2019 launched a new report to assist ‘Breaking into India’ strategy, with Minister Malik Samarawickrama undertaking a visit to India for a week..
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