Konark Dance
& Music Festival started in the year 1986 is a spectacular extravaganza
that brings in many artistes into its cultural family, creating international
cultural amity and brotherhood. A joint venture of the Orissa Tourism and the
Odissi Research Centre, the Konark Dance Festival flaunts the eminent artistes
of national and international repute. The artists perform Odissi, Kathak, Bharatanatyam,
Kuchipudi, Manipuri, Mohiniattam and other classical, folk & tribal
dances/music of our country on the enchanting stage of the Natyashala in the
Sun Temple, Konark- the UNESCO World Heritage Site which is also called the
Black Pagoda. A sand art exhibition and a crafts fair are also arranged during
the Konark dance festival which serves a wide variety of delicious cuisines, a variety of handicrafts and magnificent handmade sand statues by sand artists. The
five-day dance festival held every year is also called the harbinger of the
contemporary festivals of Orissa. The Konark dance festival has become a major
event in the country's cultural calendar and attracts a large number of tourists
to Odisha, India every year.
The Foreign Exchange Management Act (FEMA) is a law enacted by the Government of India in 1999 to control the flow of foreign currency across Indian borders.FEMA aims to facilitate external trade and their payments in India, a systematic improvement and continuation of foreign exchange in the Indian market.It’s important for Indians working abroad to understand FEMA rules for NRIs very carefully since it can affect the way they can send and receive funds from India.Let’s look at five FEMA Regulations for NRIs: 1. Maintaining a Bank Account You need to operate bank accounts that are specifically designated for NRIs. FEMA rules for NRIs do not allow holding a savings bank account. There are 3 major types of accounts as stipulated by the Reserve Bank of India (RBI)that you can open: - NRO account - If you want to send money earned abroad back to India. - NRE account - For repatriable or moveable assets like securities and cas...
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