INDEX OF INDUSTRIAL PRODUCTION Subject: Economy Context: IIP shrinks 3.6% in February owing to steep decline in manufacturing. Concept : Index of Industrial Production The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. It is […]
INDIA ENERGY DASHBOARD Subject: Economy Context: The India Energy Dashboards Version 2.0 was launched by NITI Aayog. Concept: India Energy Dashboards (IED) is an endeavour to provide single-window access to the energy data for the country. Energy data published/provided by Central Electricity Authority, Coal Controller’s Organisation, and Ministry of Petroleum and Natural Gas […]
KEN BETWA PROJECT Subject : Economy Context : Sonia Gandhi writes to Prakash Javadekar, asks him not to implement Ken-Betwa project. Concept : Ken Betwa Link Project (KBLP): The Ken-Betwa Link Project (KBLP) is the River interlinking project that aims to transfer surplus water from the Ken river in MP to Betwa in […]
FERTILIZER PRICING Subject: Economy Context: After diesel, fertilizers to take toll on farmers; IFFCO hikes prices by 45-58% Concept: Farmers buy fertilisers at MRPs (maximum retail price) below their normal supply-and-demand-based market rates or what it costs to produce/import them. The difference between the retail price and production cost/domestic price is given as […]
G-SAP Subject : Economy Context : Recently, the governor of RBI has announced a new programme called Government Securities Acquisition Programme (G-SAP). Concept : Government Securities Acquisition Programme (G-SAP) Under G-SAP, the RBI will purchase government securities worth Rs 1 lakh crore in the first quarter of FY22. It is a structured purchase […]