(The Gist of PIB) Exercise INDRA 2019  [DECEMBER-2019]

(The Gist of PIB)  Exercise INDRA 2019


Exercise INDRA 2019

  • Exercise INDRA 2019 will be conducted in India from 10 — 19 December 2019 simultaneously at Babina (near Jhansi), Pune, and Goa.

Key highlights:

  • Exercise INDRA 2019 a joint, tri services exercise between India and Russia.
  • The INDRA series of exercise began in 2003 and the First joint Tri Services Exercise was conducted in 2017.
  • Company sized mechanised contingents, fighter and transport aircraft as well as ships of respective Army, Air Force and Navy will participate in this exercise of ten days duration.


  • The surprise move was prompted by a spike in headline inflation above the 4% medium-term target in October, while growth fell to a six-year low of 4.5% in the September quarter.
  • Investor Education and Protection Fund Authority (IEPFA) signed an MOU with Bank of Baroda for Investor Awareness.

Key highlights:

  • In 2016, Government of India established Investor Education and Protection Fund Authority (IEPFA) under the provisions of section 125 of the Companies Act, 2013.
  • The Authority is entrusted with the responsibility of administration of the Investor Education Protection Fund (IEPF), make refunds of shares, unclaimed dividends, matured deposits/debentures etc. to investors and to promote awareness among investors.
  • IEPF has been set-up under Section 205C of the Companies Act, 1956 by way of the Companies (Amendment) Act, 1999.

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Courtesy: PIB