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DAILY NEWS ANALYSIS
25 March, 2021
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Year on the Year Growth rate of 8 Core Industries vis-à-vis COVID.
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· Index of Eight Core Industries (ICI) , a Production Volume Index to Measure the performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. After COVID, Measures introduced to boost Core Sector are:- · Mining sector : Major initiatives under Atmanirbhar Bharat Abhiyan, which inter alia include: (a) composite exploration-cum-mining cum-production regime (b) open and transparent auction; (c) joint auction of bauxite and coal mineral blocks; (d) removal of distinction between captive and non-captive mines; (e) Mineral index for different mineral; and (f) rationalization of stamp duty. · PLI, Production-Linked Incentive Schemes: Medical devices; mobile phones; electronic components; pharmaceutical drugs; telecom and network equipment; and electronic technology products, ‘speciality steel ’production. · Project Development Cells (PDCs). · Textile: MITRA Parks with plug-and-play facilities, rationalized customs duty. · Domestic Manufacturing: Measures by DPIIT like Public Procurement Rules to enhance minimum local content; setting up of Fund of Funds, Seed Fund, Credit guarantee Schemes. · Integrated Power Development Scheme (IPDS)- 24x7 power supply in the urban areas. · Major reforms in infrastructure and housing schemes policy . · National Infrastructure Pipeline.
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Source: PIB
A year after tensions arising from Operation Sindoor, India and Azerbaijan have taken steps to restore and normalise bilateral relations. The 6th round of Foreign Office Consultations, held in Baku, marked the first such engagement since 2022, signaling renewed diplomatic momentum. Recent Diplomatic Engagement During the consultations, bo
The India–Australia Economic Cooperation and Trade Agreement has completed four years since its signing. Both countries now aim to build on this progress through strengthened collaboration and ambitious targets, including reaching AUD 100 billion in bilateral trade by 2030. What is the India–Australia Economic Cooperation and Tra
A recent report by the Association for Democratic Reforms (ADR) analyses donations of ?20,000 or more declared to the Election Commission of India (ECI) by national political parties for FY 2024–25, highlighting transparency and accountability in political financing. Key Findings Massive Funding Surge Total donations to nationa
Maritime chokepoints are narrow channels along global shipping routes where maritime traffic is concentrated. These points are geopolitically and economically critical, as they handle a large proportion of global trade, especially energy shipments. Current Relevance Over two-thirds of seaborne energy trade passes through a handful o
Following the launch of Operation Epic Fury (U.S.) and Operation Roaring Lion (Israel), the geopolitical landscape has shifted fundamentally with the confirmed death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.Iran retaliated through Operation True Promise 4, launching missile attacks against Israel and nearby Gulf states. The escala
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