Page-49 of Current Affairs - May, 2022

All-time high GST collections in April 2022

India’s gross Goods and Services Tax (GST) revenues hit a new high of ₹1.68 lakh crore in April 2022. For the first time, gross GST collection has crossed the ₹1.5 lakh crore mark. Is the growth in collection uniform across all states? There were wide variations in growth trends across States. While Tamil Nadu’s collections ..

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Current Affairs- Today’s Headlines: May 3, 2022

Here are Today’s News Headlines by GK Today for May 3, 2022. INDIA – PM Modi meets Germany’s Chancellor Olaf Scholz in Berlin – India and Germany sign Triangular Development Cooperation and Renewable Energy Partnership – External Affairs Ministry accepts Tamil Nadu government’s proposal to send aid to Sri Lanka – PM addresses Sanatan Mandir ..

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Electric Vehicle fire incidents

Recently, in India, there have been multiple incidents of two-wheeler electric vehicles (EVs) catching fire. What is the response of the government? ·         The Union Government constituted an expert panel to probe the recent series of Li-ion battery explosions in electric vehicles (EVs). ·         Last month, the government asked the Centre for Fire Explosive and ..

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Coal shortage in India

Currently, India is undergoing a second major power crisis since October 2021. Why is India facing coal shortage? The main reason for the coal shortage is the increasing power demand. In 2022, the demand increased to 132 billion units (BU) per month, from 106.6 BU a month in 2019. Another reason is the reduction in ..

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India’s Pharma Exports in 2021-22

India’s pharma sector recorded its best-ever export performance in 2021-22. What is the growth of India’s Pharma sector? India’s pharma sector witnessed a growth of 103% since 2013-14, from Rs. 90, 415 crores in 2013-14 to Rs. 1,83,422 crore in 2021-22. India’s pharma exports in 2021-22 sustained positive growth despite the global trade disruptions. The ..

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IOC Pilot Project of Methanol-blended Petrol

Recently, the Indian Oil Corporation (IOC) rolled out M15 petrol on a pilot basis in Assam’s Tinsukia district. What is M15 Petrol? M15 is a blend of 15 % methanol and 85 % Petrol. Why Pilot project is started in Assam’s Tinsukia district? The pilot rollout was done in the Tinsukia district (Assam) by the ..

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