manufacturing sector
Best Countries Ranking Report
US News and World Report, an American media company, released Best Countries 2022 ranking recently. What is US News and World Report’s Best Countries 2022 ranking The Best Countries 2022 ranking evaluated 85 countries across 73 attributes, which are categorized ..
Month: Current Affairs – November, 2022
Category: Reports & Indexes Current Affairs
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP had contracted by 7.3%. The contraction is mainly due to COVID pandemic ..
Month: Current Affairs - February, 2022
Category: Reports & Indexes Current Affairs
Second Round of Quarterly Employment Survey
The Union Ministry of Labour and Employment recently released the second round of Quarterly Employment Survey. According to the survey, nine sectors hired two lakh people. This accounted to 85% of the total employment of the country. The survey was ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
India overtakes US to become 2nd Most attractive Manufacturing Hub
According to real estate consultant Cushman amp, Wakefield, India has overtaken the United States (US) to become second-most attractive manufacturing destination internationally. Key Points India’s improvement is driven mainly by cost competitiveness. Ranking got switched due to plant relocations from ..
Month: Current Affairs - August, 2021
Udyog Manthan to Focus on Quality and Productivity
The commerce ministry is organising the Udyog Manthan. Under the Udyog Manthan, a series of webinars are being conducted. Highlights The Webinar is focusing on about 45 sectors including the pharma sector and electronics sector. The webinar under the Udyog ..
Month: Current Affairs - February, 2021
GoI lifts ban on PPE exports; monthly quota set as 5 million units
On June 29, 2020, the Government of India lifted the ban on export of Personal Protective Equipment (PPE). Also, it has fixed a monthly quota of 5 million units. Highlights The Ministry of Commerce has enforced a new rule along ..
Month: Current Affairs - June, 2020
GoI launches three new schemes to boost Electronics sector
On June 2, 2020, the Union Minister Ravi Shankar Prasad launched three new schemes to bbost electronics sector. They are Production linked incentive scheme, cluster scheme (EMC 2.0) and component manufacturing scheme (SPECS). The schemes were approved by the Union ..
Month: Current Affairs - June, 2020
India: The Second Largest Manufacturer of PPE in the world
On May 21, 2020, India became the second largest producer of Personal Protective Equipment in the world. China is the leading producer of PPE in the world. Highlights The Ministry of Textiles has been taking several measures to maintain the ..
Month: Current Affairs - May, 2020