Page-5 of exports Current Affairs, GK & News

Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD

On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous year. Highlights India is the largest importer of gold in the world. As the gold imports of the country have been reduced, the trade deficit has reduced ..

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Honey Production

Recent reports show that the honey production in Bihar has declined by 40% in 2020. Erratic weather is being blamed for the drastic fall. Honey Production in India India is an exporter of natural honey. In 2018-19, India exported over 61,000 tonnes of natural honey (worth about 732 crore INR) to various countries like USA, ..

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RoDTEP Scheme

The Cabinet Committee on Economic Affairs (CCEA) recently gave approval for the RoDTEP (Remission of Duties and Taxes on Exported Products) Scheme. Status of India’s Exports India faced a decline in exports for 6 months in a row in January. While the exports in the 2018-19 period was worth 331 billion USD, the April to ..

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Poultry Culling ordered by Kerala Government to control Bird Flu

On March 14, 2020, the Kerala Government ordered poultry culling. Parappanagadi has been identified as the Epicenter of bird flu. The Government of Kerala is to cull poultry within one-kilometer radius. What is poultry culling? Poultry Culling is the process by which unwanted chicks or male embryo are disposed. This is done in industrial egg ..

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Corona Virus hits Diamond Industry of Surat greatly

Workers in Diamond Industry of India, especially in the parts of Surat have been facing job losses and pay cuts as Corona Virus has hit exports to China. China is the biggest market of precious stones and since February China is terribly affected with Corona Virus. Highlights There are more than 15,000 big and small ..

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