The Indian Ocean Rim Association (IORA), formerly known as the Indian Ocean Rim Initiative and Indian Ocean Rim Association for Regional Cooperation (IORARC), is an international organization consisting of coastal states bordering the Indian Ocean.

The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them.

It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region. The Indian Ocean Rim Association (IORA) is an international organization with 21 Member countries.

Maldives has now become the latest member of Indian Ocean Rim Association (IORA).

2017 Indian-Ocean Rim Association (IORA) Summit was the first IORA Summit. "

• MOHUA announces results of Swachh Survekshan League (quarter 1 and quarter 2)
• Swachh Survekshan League 2020 (SS League 2020) was introduced with the objective of sustaining the onground performance of cities along with continuous monitoring of service level performance when it comes to cleanliness.
• SS League 2020 is being conducted in 3 quarters, i.e. April- June, July - September and October- December 2019 and has 2000 marks for each quarter evaluated on the basis of monthly updation of SBM-U online MIS by cities along with citizen's validation on the 12 service level progress indicators through outbound calls.
• Ranks have been assigned in two categories, namely, cities with population of one lakh and above (with two sub-categories, i.e. 1-10 lakh and 10 lakhs and above) and cities with population of less than 1 lakh (under the < 1 lakh population category, the rankings are given zone and population wise).
• The performance of cities in SS League 2020 is crucial to their ranking in Swachh Survekshan 2020 due to the 25% weightage of the quarterly assessments to be included in the annual survey scheduled to commence from 4 January till 31 January 2020.

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The Inner Line Permit (ILP) regime has been extended to Manipur. It is a legal travel certificate provided by the Government of India to Indian citizen. It is required to travel into a protected area for a limited time. The aim of the ILP is to regulate movement to certain areas located near the international border of India. ILP was under Bengal Frontier Provision Act, 1873. At present, the ILP is implemented in Arunachal Pradesh, Mizoram, and Nagaland. The respective state governments issue ILPs

Explanation

• Madhya Pradesh - Chanderi
• Andhra Pradesh - Pochampalli
• Odisha - Bomkai

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REITs are similar to mutual funds. While mutual funds provide for an opportunity to invest in equity stocks, REITs allow one to invest in income-generating real estate assets.

They are collective investment vehicles that operate and manage property portfolios and give returns to investors. Securities and Exchange Board of India (Sebi) mandated that all REITS be listed on exchanges and make an initial public offer to raise money.

REITs can reduce the risk related to your property investments as 80 per cent of the value of the REIT should be in completed and rent-generating assets. They are required to be run by professional managements with specified years of experience notified by SEBI.

A REIT can be launched as an initial public offer (IPO). An investor can apply for investment in the REIT through his demat account, either online or by filling up the IPO form and indicating demat account details. After the issue is closed, the REIT will allot units to eligible investors.

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