INDIEN NEWSLETTER GENERAL of INDIA, Volume V, Issue I January 2018 FRANKFURT
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CONSULATE INDIEN NEWSLETTER GENERAL OF INDIA, Volume V, issue i January 2018 FRANKFURT FRIEDRICH-EBERT-ANLAGE 26, 60325, FRANKFURT AM MAIN, GERMANY Telephone :+49 69 153 00 50 Website : www.cgifrankfurt.de Consul General Ms. Pratibha Parkar Inside Inside Recap 2017 1 Minister´s visits to Ger- 2 many: Flashback Report on Indian 3 Economy Total : 43 Indian Culture 4 India Tourism 5 News Round-up & up- 6/7 coming events Total : 63000 Flashback of incoming visits to Germany in 2017 G20 Foreign Minister´s Meeting in Bonn on 16th & th 17 Feb, 2017 Hon‘ble Minister of State for Foreign Affairs Shri M. J. Akbar attended the G20 Foreign Ministers’ Informal Meeting. G20 Digital Ministers Meet @ Düsseldorf on 6th & 7 th April, 2017 Hon'ble Minister, Shri Ravi Shankar Prasad (Electronics & Information Technology) was on a visit to Germany along with other delegates for G20 Digital Ministers Meeting. Fourth Inter-Governmental Consultation (IGC) Meet in Berlin on 29th & 30th May, 2017 At the 4th IGC, Prime Minister Shri Narendra Modi and the German Federal Chancellor Dr. Angela Merkel agreed to further strengthen the Strategic Partnership between India and Germany. Inauguration of INTERPACK 2017 at Messe Düsseldorf from 4th to 10th May, 2017 Ms. Gargi Kaul, Joint Secretary and Financial Advisor (FA), Ministry of Food Processing Industries participated in the Save Food Congress held at Düsseldorf. G-20 Labour & Employment Ministers Meeting (G20 -LEMM) in Bad Neünahr from 18th to 19th May, 2017. Shri Bandaru Dattatreya, Hon'ble MoS for Labour & Employment and other high level delegates visited Germany to participate in the G-20 G20-LEMM. Anuga 2017: India the Proud partner country On 7th October 2017, Hon'ble Minister for Food Processing Industries Smt. Harsimrat Kaur Badal visited the World's largest & most important trade fair for food and beverages ANUGA 2017 in Germany. COP 23 Bonn 2017 from 6th – 7th Nov, 2017 The 23rd annual UN climate conference (COP23) was held from 6th Nov to 17th November 2017 in Bonn, Germany. Dr. Harsh Vardhan Minister at Ministry of Science & Technology, Ministry of Environment, Forest and Climate Change and Ministry of Earth Sciences, inaugurated the IndiaPavilion at the COP 23 in Bonn on 6th November 2017. Upcoming Events in India in Report on Indian Economy February: Towards becoming the most favored investment destinations: India´s Food & Pack Tech Expo Journey ahead 2018 From being labeled the ‘Fragile Five’ (a term coined Morgan Stanley to represent emerging market economies) in 2013 to become one of the most Dates: 09 February 2018 - 11 February favored investment destination in 2017, it has been an interesting economic 2018 journey for India. Venue: Exhibition Center, Indore, India What the reports say? World Investment Report 2017: The UNCTAD’s World Investment Report 2017 stated that India will be among the top three most attractive investment destinations in the world. The report emphasized that there Auto Expo 2018- was global interest in mergers and acquisitions in the Indian market as Components multinational organizations eye capturing the fast growing Indian Dates: 08 February 2018 - 11 February market. 2018 Venue: Pragati Maidan, New Delhi, India Moody’s Ranking upgrade: The global agency Moody’s upgrade of India’s sovereign credit rating by a notch to ‘Baa2’in November 2017 is another reflection of increasing confidence of investors in the Indian economy. The rating is considered a reflection of a country’s investor climate and gives understanding about the level of risks (economic and political) Agro Protech 2018 involved in terms of investing in that country. According to the agency, the Baa rating reflects moderate credit risk while the modifier 2 indicates Dates: 12 February 2018 - 14 February a mid-range ranking. This upgrade in ranking by Moody’sputs India 2018 makes it the largest economy among Baa2-rated sovereigns. Further Venue: Milan Mela Ground, Kolkata, India and Mexico are the only two countries, out of the 10 India emerging market (EM) economies in the G20, to have got a ratings upgrade in the last five years. EoDB ranking: Another feather in the hat for India is its improvement in the World Bank’s EoDB ratings. According to `Doing Business 2018 CeMAT India 2018 report by World Bank`, India jumped 30 positions to rank 100th in the Dates: 22 February 2018 - 24 February EoDB rankings that features 190 countries. The four parameters on 2018 which India performed the best on this report include: paying taxes, Venue: Bombay Convention & Exhibition resolving insolvency, access to credit and protecting minority investors. Centre, Mumbai, India What brought the change? Government’s efforts to stabilize the Indian economy and validates the changes in the economic policies, India’s stock performance and strengthened Rupee over the last six months have added to the renewed confidence in the country’s economic and political stability & has played a key role in increasing investor´s interests and performance of the country on these rankings. A very important step in this direction will be structural changes at state level too so the impact percolates deeper at local level. India’s return to micro- economic stability has kept the funds flowing and the further upgrades in these various rankings is going to be looked at as an undeniable evidence of India’s growth and stability. This prompts companies to expand their business in the market which in turn leads to creation of jobs and that is again a positive sign for investors and reflects in the stock performance triggering more capital inflows. Indian Culture Yoga Pose Kumbh Mela: Baddha Kumbh Mela has been recognised by UNESCO as an "intangible cultural heritage of humanity. Konasana It is the world's largest religious gathering & represents a syncretic set of rituals related to worship and cleansing in holy rivers. It is held every third year at one of the four places by rotation: Haridwar, Allahabad, Nasik and Ujjain. It is held at each of these four places every twelfth year. Ardh ("Half") Kumbh Mela is held at only two places, Hardwar and Allahabad, every sixth year. The dates of Mela are determined as per Vikram Samvat calendar and the principles of Jyotisha, according to a combination of zodiac positions of the Jupiter, the Sun and the Moon. The Maha Kumbh Mela 2018 started in Allahabad this year from 14th Jan, 2018. This Mela is considered to be the largest peaceful congregation of pilgrims on earth & is attended by millions irrespective of caste, creed or gender. The knowledge and skills related to Kumbh Mela are transmitted through the Guru-Shishya parampara (teacher-student relationship) by saints and sadhus teaching their disciples about traditional rituals and chants. For more details on the Allahabad Kumbh Mela http://www.allahabadkumbhyatra.com/ Method: Sit erect & stretch your legs out. Breathe out & bend your knees as you pull your heels towards your pelvis. Press the soles of your feet close together & let your knees drop to the Handicraft of the South: sides. The prosperity of South India can be seen in its handicrafts which are very popular. Bring your heels as close to your pelvis South Indian craft has its own appeal and magnificence which catches the attention of as you can. Use your thumb and your a large number of people from across the world. Variety of Hand crafted wood first finger to hold the thumbs of your articles, ivory, gold & silver jewelry, bamboo paintings and silk is all one of its kind. feet. Make sure that the outer edges of your feet are pressed to the floor. Once you get comfortable in the position, Tamil Nadu: see if your pubis and tailbone are at Tamil Nadu is known across the globe equal distance from the floor. for its wide range of South Indian silk The pelvis must be in neutral position saris which are famous for its fabrics, & the perineum must be parallel to the design and colorful compositions. floor. Torso is lengthened through the Among all the silk garments Kanchipuram silk is the most popular top of the sternum & shoulder blades one. The other popular handicrafts of are firmly pressed to the back. this state are objects made from palm The sacrum also must be firm. Knees leaves, metal ware, brass and bronze Kerala: should never ever be forced on the statues, hand woven clothes and Some of the popular handicrafts of Kerala ground. Now try to lower the heads of beautiful jewelry. are ivory, gold and silver jewelry, the thigh bones towards the floor. This bamboo mat paintings, different types of will automatically bring your knees lamps, Kathakali masks and dolls. The craftsmen of Kerala have also developed down. Hold the pose for about one to a variety of handicrafts using the rich five minutes. Inhale and extend your wealth of flora in the state. Articles such legs. as pillow covers, cushions, vanity bags, Benefits: purses, hats are made of screw pine. The state is also famous for its carvings, cast Relieves stress & fatigue, improves bell metal work, Jewellery, granite idols, flexibility, reproductive system in pillars, coir, coconut shell products, women, helps in blood circulation in carvings in wood, especially rosewood or the body. sandalwood, snake boat models and other figurines. India Tourism Recipe: Nashik (Maharashtra) Nashik has its own set of tourist attractions. It is one of the 4 destinations where world famous Kumbh Mela takes places once in every twelve years. Lord Rama, hero of the Epic Ramanaya spent major part of his exile in Nasik. This city is housed with numerous temples and tourist destinations. Along with historical background Nashik Misal Pav (Bread) is also named as the “Wine Capital” of India or “Grape Enjoy this special breakfast city” and is the biggest winery region in India.