Daily Archives: June 8, 2022

CORE SECTOR OUTPUT

India’s eight core sector industries showed a robust growth of 8.4% in April compared to 4.9% in March 2022. The eight core sector industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP). The eight core sector industries in decreasing order of their weightage are: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural …

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LIQUID NANO UREA

Recently, the Prime Minister inaugurated the first Liquid Nano Urea(LNU) plant at Kalol, Gujarat. It is Indigenous Urea, introduced firstly by the Indian Farmers Fertiliser Cooperative Limited (IFFCO) for farmers across the world. It is one of India’s biggest cooperative societies which is wholly owned by Indian Cooperatives Founded in 1967 with just 57 cooperatives, today it is …

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CASTE BASED CENSUS

Recently, Bihar government has announced that it will undertake a socio-economic survey of all castes and communities (SECC). The origin of the Census in India goes back to the colonial exercise of 1881. Census has evolved and been used by the government, policymakers, academics, and others to capture the Indian population, access resources, map …

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E-TRANSMISSION AT WTO

India will oppose the continuation of a moratorium on Customs Duties on electronic transmission (E-Transmission) at the World Trade Organization’s (WTO) 12th Ministerial Conference (MC12) starting in June 2022 as it favors developed nations only. The moratorium was extended at the 11th MC in Argentina in 2017 for two years. In the General Council meeting in December …

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ISRAEL UAE FREE TRADE DEAL

Recently, Israel signed a free trade deal with the United Arab Emirates, its first with an Arab country, building on their US-brokered normalization of relations in 2020. The UAE was the first Gulf country to normalize ties with Israel and only the third Arab nation to do so after Egypt and Jordan. …

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STOCKHOLM+50

Stockholm+50 is being held in Stockholm, Sweden. It will commemorate the 50 years since the 1972 United Nations (UN) Conference on the Human Environment (also known as the Stockholm Conference). The UN General Assembly will be convening this international meeting. This is being held at a time when the world is facing a triple planetary crisis of climate change, …

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