14 Sep 2021: PIB Summary & Analysis

TABLE OF CONTENTS

1. Hindi Diwas
2. 18th ASEAN-India Economic Ministers’ (AEM) Consultations

1. Hindi Diwas

Context:

PM greeted people on Hindi Diwas.

About Hindi Diwas:

• On the 14th of September 1949, Hindi was adopted as the official language of the Union of India. This day is celebrated as ‘Hindi Diwas’ in India.

Read more about Hindi Diwas on This Day in History dated Sept 14.

2. 18th ASEAN-India Economic Ministers’ (AEM) Consultations

Context:

18th ASEAN-India Economic Ministers’ (AEM) Consultations held.

Details:

• The meeting was attended by the Economic Ministers of all the 10 ASEAN
• Among other things, the ministers actively discussed the early commencement of the ASEAN India Trade in Goods Agreement (AITIGA) Review.
• The Ministers noted status of the scoping exercise of the review and resolved to complete the process expeditiously to make the agreement trade facilitative, user-friendly with contemporary and streamlined customs and regulatory procedures.

About ASEAN India Trade in Goods Agreement (AITIGA):

• AITIGA is a free trade agreement between India and the members of the ASEAN.
• It came into effect in January 2010.
• Under the pact, two trading partners set timelines for eliminating duties on the maximum number of goods traded between the two regions.

Note:- India is ASEAN’s 7th largest trading partner and one of the largest sources of FDI.

Read previous PIB here.

September 14th, 2021, PIB:- Download PDF Here