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

(The Gist of PIB) Exercise INDRA 2019

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

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.

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.