India’s Pharma Exports 

India’s Pharma Exports  Context: Indian pharma exports witnessed a growth of 103% since 2013-14, from Rs. 90, 415 Crores in 2013-14 to Rs. 1,83,422 Crores in 2021-22.  The exports achieved in 2021-22 is the Pharma Sector’ best export performance ever.  Background: In the worldwide pharmaceuticals […]

Palm Oil Exports from Indonesia

Palm Oil Exports from Indonesia   Context: • Indonesia, the world’s biggest producer of palm oil, would be banning all exports of the commodity to reduce domestic shortages of cooking oil and bring down its skyrocketing prices. Background: • According to the United States Department […]

Pawan Hans

Pawan Hans Context: The government recently approved the sale of its stake in Pawan Hans Ltd. along with transfer of management control to an entity called Star9 Mobility Pvt. Ltd. at a price of ₹211.14 crore, pegging the firm’s total value at ₹414 crore. About: […]

Impact of freebies on Indian Economy

Impact of freebies on Indian Economy Context: • In an address delivered at the Delhi School of Economics last week, N.K. Singh, the chairperson of the 15th Finance Commission, warned about how the race to provide freebies to voters could be a “quick path to […]

MCLR

MCLR Context: • State Bank of India (SBI), India’s largest commercial bank, recently raised the marginal cost of funds-based lending rates (MCLR) for the first time in three years, signaling that the soft rates regime that has prevailed since 2019 may be over. About: • […]

Crop Diversification

Crop Diversification Context: • The Department of Agriculture & Farmers Welfare (DA&FW) is implementing the Crop Diversification Programme (CDP), a sub-scheme of Rashtriya Krishi Vikas Yojana (RKVY) in the Original Green Revolution States viz; Haryana, Punjab & Western Uttar Pradesh since 2013-14 to divert the […]

Status of Sagarmala Project

Status of Sagarmala Project Context: • As a part of Sagarmala Programme, more than 800 projects at an estimated cost of around Rs. 5.48 lakh crore have been identified for implementation. Sagarmala projects includes projects from various categories such as modernisation of existing ports and […]

Plant Varieties Registry

Plant Varieties Registry Context: • A unique variety of rice bred by a Karnataka based farmer has been recognised for its salient features and qualities by the Plant Varieties Registry, Government of India, which has issued its stamp of approval. Background: • To ensure the […]