State of the Textile Industry Context: • South Asia has been the leading player in the global textile industry in the recent past, with lower production costs it has made the production of the textiles very cost competitive. Background: • As mentioned above South […]
Indian Oil Imports Context: • India buys most of its oil from West Asia but now USA has emerged as the fourth biggest source for importing oil. • This is in context at a time when Russian oil is under heavy sanctions and Asian nations […]
National Mineral Development Corporation Ltd. (NMDC) Context: • National Mineral Development Corporation Ltd. (NMDC), Country’s largest Iron Ore producer, a CPSE under Ministry of Steel became the first company in the country to cross 40 million tonnes (MT) iron ore production in a year. About: […]
An Overlook on Indian Railways Context: • The introduction of new set of trains into the Indian railways such as Vande Bharat Express, Vistadome coaches and improvisation of the Railway stations to airport standards have changed the image of the Indian Railways. • But there […]
Transition Towards a Circular Economy Context: • In the Budget speech this year, the Finance Minister, Nirmala Sitharaman, emphasized the role of cleaner technologies such as solar energy and batteries in India’s future economic growth. • In addition, she mentioned the importance of transitioning to […]
Swadesh Darshan scheme Context: • The Ministry of Tourism under its Swadesh Darshan scheme since its inception has sanctioned 76 projects under 13thematic circuits including ‘Buddhist theme’ for development of tourism infrastructure in the country. • The projects under the scheme were identified for development […]
Current Status of Retail Inflation in India Context: • India’s retail inflation inched up to an eight-month high of 6.07% in February from 6.01% in January, with rural India experiencing a sharper price rise at 6.38%. • For urban consumers, the inflation rate, in fact, […]
Employees’ Provident Fund Organization (EPFO) Context: • The return on workers’ retirement savings parked with the Employees’ Provident Fund Organization (EPFO) has been slashed to 8.1% for 2021-22 from the 8.5% rate credited to members’ accounts in the past two years. About: • The Employees’ […]
Focus on the Revival of Inland Water Transport System Context: A month after setting sail on the Ganga from Patna, the MV Lal Bahadur Shastri carrying 200 metric tonnes of food grains for the Food Corporation of India (FCI), docked at Guwahati’s Pandu port on […]
Growth Potential of Technical Textiles in India Context: The Ministry of Textiles in partnership with Confederation of Indian Industries (CII) organized a full-day International Conference on Technical Textiles with the theme: Creating the Winning Leap in Technical Textiles. In this conference, there was a dedicated […]