Civil Services' Surgicals

FEATURE Commerce                                                                                                                                                                  Ashok Handoo* For a few months now, the Indian economy appears to be on a recovery path. At least there are enough indications to that. Foremost is the performance of various sectors of the economy.            Industrial output has been gathering some pace since August. It ...

The Finance Minister of India, Shri P. Chidambaram and the Minister of Strategy and Finance of the Republic of Korea, Mr. Jaewan Bahk met in Seoul, South Korea yesterday for their 3rd Bilateral Meeting. The two ministers and their delegations discussed a wide range of issues ranging from macro-economic trends and outlook, fiscal cooperation, revision of the Double taxation avoidance convention (DTAC), expanding information sharing between the taxation authorities, cooperation in modernising the customs system of each country, public procurement cooperation and measures to develop co-financing infrastructure projects. The first bilateral meeting of Finance Ministers of India and South Korea was held in Seoul in September 2006 and the second meeting in New Delhi in January 2011.  India-Korea relations rest on deep historical ties based on a strong foundation of shared cultural heritage, commitment to democracy and desire to establish a long-term cooperative partnership. The cooper...