Friday Factly 29 January 2021

General Studies-1

Gender disparity

According to Centre for Monitoring Indian Economy (CMIE) data, while men recovered most of their lost jobs by November 2020, women didn’t — 49 percent of job losses were of women

The IMF on Tuesday projected an 11.5% growth rate for India in 2021, making the country the only major economy to register double-digit growth this year amidst the COVID-19 pandemic.

Education access

ASER 2020 has found that children with low parental education are less likely to have a smartphone — 45 percent as compared to 79 per cent of children with high parental education. Such families are also more likely to send their children to government schools — 84 percent compared to 54 per cent for children with more educated parents. Further, only 55 percent of children with low parental education received any learning support at home compared to almost 90 percent of children with high parental education.

Sex ratio

The ministry of women and child development last week said that 422 out of the 640 districts covered under the BetiBachao, BatiPadhao scheme had witnessed an improvement in sex ratio.

General Studies-3

Mining Sector

According to the government’s own assessment, traditionally, one percentage point growth in mining pushes up the growth rate of industrial production by 1.2-1.4 percentage points. Also, one direct job in the sector creates 10 indirect jobs. The mineral sector’s contribution to the GDP is only 1.75 per cent, currently. Despite having a huge potential, the country is far from being Atmanirbhar in mineral production. India imports minerals worth over ₹2.5-lakh crore every year whereas the domestic production is only half of that, at ₹1.25-lakh crore.

Growth

THE INDIAN economy will stage a strong rebound and grow as much as 11.5 percent on year in FY22, the International Monetary Fund (IMF) said.

FDI

Foreign Direct Investment (FDI) inflows into the country hit a record high of $58.37 billion in the first eight months of 2020-21, with equity inflows of nearly $44 billion.

Flood

A study published in Scientific Reports in 2020 projects the global population exposed to inundation and episodic coastal flooding by 2100 at 300 million.

Climate Change

• A study by researchers at the University of Leeds has found that the world has lost a whopping 28 trillion tonnes of ice between 1994 and 2017
• Road
• In the highways sector, an average of 28.56 km per day has been constructed so far this fiscal.
• India Justice Report
• At 25.3 percent, Bihar leads the list of 25 states for employing most women in its police force, according to the second annual survey on police, prisons, judiciary and legal aid, India Justice Report.