K-Shaped Economic Recovery

Recently, the latest readings of the Nomura India Normalization Index (NINI) suggested the impact of Covid-19 on Indian Economy and the K-Shaped Recovery through which the Indian Economy is recovering. Nomura Services India Private Limited (Nomura Holdings Inc) is a consumer services company. Key Points Effect of Covid-19 on Households: Households at the top of the pyramid are likely to have seen their

India’s Trade Deficit with China

The trade deficit, between India and China, declined to a five year-low of 45.8 billion USD in 2020, the lowest since 2015. Trade Deficit: A trade deficit is an amount by which the cost of a country’s imports exceeds its exports. Key Points Bilateral Trade in 2020: Two-way trade in 2020 reached 87.6 billion USD, down by 5.6% from 2019, according to new figures from China’s

Semeru Volcano of Indonesia

Recently, Semeru volcano erupted in Indonesia’s East Java province. Other volcanoes, such as the Merapi volcano (Java) and Sinabung volcano (Sumatra), also erupted recently. Key Points Semeru Volcano: Semeru – also known as “The Great Mountain” – is the highest volcano in Java and one of the most active. It previously erupted in December, 2019. Indonesia, with the maximum number of active volcanoes in

5G Technology

Recently, the Department of Telecommunications (DoT) has sought inputs from telecom companies and other industry experts on the sale and use of radio frequency spectrum over the next 10 years, including the 5G (Fifth Generation) bands. Key Points Features of 5G Technology: Millimeter wave spectrum: The 5G networks will operate in the millimeter wave spectrum (30-300 GHz) which have the advantage of

Government’s Disinvestment Plans

Recently, the Ministry of Finance has extended the bidding deadlines for the strategic disinvestment of Pawan Hans by a month, citing logistical challenges faced by interested bidders due to the Covid-19 pandemic. Pawan Hans Limited is a helicopter service company based in New Delhi. It is a Mini Ratna-I category Public Sector Undertaking. Key Points Background: Government’s Disinvestment Target for 2020-2021: Government plans to raise

National Supercomputing Mission

About: The Mission envisages empowering our national academic and R&D institutions spread over the country by installing a vast supercomputing grid comprising of more than 70 high-performance computing facilities.  The Mission would be implemented and steered jointly by the Department of Science and Technology (DST) and Department of Electronics and Information Technology (DeitY). Objective: To

PRADHAN MANTRI GRAMIN DIGITAL SAKSHARTA ABHIYAN (PMGDISHA)

About: The scheme aims to empower the rural citizens with information, knowledge and skills and enable them actively participate in governance The implementation of the Scheme would be carried out under the overall supervision of Ministry of Electronics and IT in active collaboration with States/UTs through their designated State Implementing Agencies, District e-Governance Society (DeGS),

UN Adaptation Gap Report

The United Nations Adaptation Gap Report, 2020 was recently released by the UNEP. UN Environment Programme (UNEP) has managed the production of UN Environment’s Adaptation Gap Report series since its first edition in 2014. The aim of the reports is to inform national and international efforts to advance climate change adaptation. Adaptation Cost includes costs

India’s Potential to Increase Cereals Export

The US Department of Agriculture (USDA) has noted in its latest Grain: World Markets and Trade report that exports of wheat and rice from India are likely to increase. Key points Findings: Increase in Wheat Exports: The US Department of Agriculture (USDA) has recently upped its forecast of Indian wheat exports for 2020-21 (July-June) to 1.8 million tonnes (mt), as against its earlier estimate of 1 mt. Increase

Henley Passport Index 2021

India has been ranked 85th in the most powerful passport report ‘Henley Passport Index 2021’. Key Points About the Index: The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. Originally created by Dr. Christian H. Kaelin (chairman of Henley & Partners), the ranking is based on exclusive data

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