WINSON COMPETITIVE GUIDE
the country and among few globally to deploy ‘Software
Robotics’.
• The Union Cabinet has given its approval for
simplification and liberalisation of the Foreign Direct
Investment (FDI) Policy, 2016 in various sectors
announced in June, 2016.
• The Union Cabinet has approved the scheme for
granting of Permanent Residency Status (PRS) to
foreign investors.
New Appointments:
• Jim Kim has been re-appointed as President of World
Bank for a second five-year term beginning 1 July
2017.
• Senior IAS officer Arun Goyal has been appointed
Additional Secretary in the Goods and Services Tax
(GST) Council.
• The Union Government has appointed Navtej Sarna
(59) was appointed as Ambassador to the United
States.
• The Appointments Committee of Cabinet (ACC) has
appointed three economists as the external appointees
on the Monetary Policy Committee (MPC).
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