Coastal Economic Zones Cezs

IRMA, NCDEX launch centre in Gujarat to promote commodity derivatives mkt

Commodity exchange NCDEX's Investor Protection Fund and Institute of Rural Management Anand (IRMA) on Monday launched a centre of excellence in Anand, Gujarat, for growth of commodity derivatives market. NCDEX and IRMA would collaborate to further develop the "commodities derivatives ecosystem, providing support in the areas of research, policy formation, policy advocacy, capacity building, thought leadership, product development, and leveraging synergies within the industrial and financial ecosystem", a statement said. The project seeks to redefine policy maker's perspectives on commodity derivatives markets, fostering a deeper understanding of price discovery for both banned and unbanned commodities, it added. IRMA will spearhead efforts to enhance the scope of commodity markets through rigorous research and analysis. NCDEX will provide technical support and data-related assistance. NCDEX MD & CEO Arun Raste said, We are entering the 'Amrit Kaal' during which we have resolved ..

Third, and the biggest, edition of coastal defence exercise from today

"Coastal security being a major sub-set of coastal defence, the concept of 'Exercise Sea Vigil' is to activate the coastal security apparatus across India," stated the Ministry of Defence

Needs to build resilience in people living in coastal areas: Union minister

Union Environment Minister Bhupender Yadav on Saturday said India needs to build resilience among people living in coastal areas with the changing climate across the globe. India's coastline is of immense strategic, economic and social importance to the country, he said. Addressing the first National Conference on Sustainable Coastal Management in India here, the minister said, "With the changing climate, we need to build the resilience of communities living in coastal areas." A programme on enhancing climate resilience of coastal communities is being implemented in partnership with the United Nations Development Programme (UNDP) in Odisha, Andhra Pradesh and Tamil Nadu. Supported by the Green Climate Fund (GCF), the initiative is integrating ecosystem and community-based approaches to adaptation into coastal management and planning. Spanning 7,500 kilometres, India's coastline is the seventh longest in the world, and is home to 20 per cent of the country's population, he said. "

Employment to be main criterion for coastal economic zones

Under its Sagarmala programme, the government had in July 2016 announced building 14 CEZs, which will be aligned to ports in maritime states

CEZs on shaky ground

Economic enclaves have a patchy history in India