Budget and Economic Survey - Current Affairs for October, 2017

Budget and Economic Survey Current Affairs for October, 2017

Month wise coverage of Budget and Economic Survey Current Affairs helps you improve your general knowledge and prepare for all competitive exams like IBPS, Bank PO, SBI PO, RRB, RBI, LIC, Specialist Officer, Clerk, SSC, UPSC, Railway etc. This section is updated daily with the most important events.

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▼ Footwear Design and Development Institute Bill passed   [10-17-17]

Footwear Design & Development Institute (FDDI) has been declared an ‘Institute of National Importance’ under Ministry of Commerce & Industry, Government of India. The FDDI bill was passed by the Parliament in July 2017. The Provisions of FDDI Act 2017 have come into force from today, according to the Notification published in The Gazette of India on October 5, 2017. It is the commitment of the Government to resolve the degree issue has culminated in the grant of the status of ‘Institute of National Importance’ to FDDI. With this, the government has also ensured upgradation of FDDI to a position of eminence so as to enable the Institute to effectively serve the Sector/Industry. To empower the youth of the nation and to help them march alongside the Prime Minister’s Skill Development mission and Make in India initiative, the Ministry of Commerce and Industry, Government of India proposed the FDDI INI bill to Parliament. FDDI, after becoming an INI, now has the autonomy to design its courses as per the requirement of the industry, and award its own degree to the students. FDDI can now independently develop and conduct courses leading to graduate and post graduate degrees, doctoral and post-doctoral courses and research in the areas of footwear and leather products design and development and allied fields. FDDI: Know More

  • Presently FDDI is imparting skill based graduate and post graduate courses in the fields of footwear, leather goods, retail and management to around 2,500 students across eight campuses spread over India.
  • With the enhancement of the status of FDDI as an Institute of National Importance by the virtue of the FDDI Act, 2017, the institute will now be able to enrol around 2,500 more students in the upcoming admission session, across its 12 campuses, out of which four new campuses will become functional with the next academic session.
  • FDDI is a premier Institute, serving as a ‘One stop solutions provider’ in footwear, leather and allied industry.
  • Since its inception in 1986, FDDI has been playing a pivotal role in facilitating Indian industry by bridging skill gaps in the areas of footwear, leather, fashion, retail and management.
  • FDDI has been functioning as an interface between the untapped talent and industry and its global counterparts, by fulfilling the demand of skilled man power with its specific curriculum, state of the art laboratories, world class infrastructure and experienced faculty.