Topic: manufacturing sector
Best Countries Ranking Report
US News and World Report, an American media company, released Best Countries 2022 ranking recently. What is US News and World Report’s Best Countries 2022 ranking The Best...
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP...
Second Round of Quarterly Employment Survey
The Union Ministry of Labour and Employment recently released the second round of Quarterly Employment Survey. According to the survey, nine sectors hired two lakh people. This accounted...
India overtakes US to become 2nd Most attractive Manufacturing Hub
According to real estate consultant Cushman amp, Wakefield, India has overtaken the United States (US) to become second-most attractive manufacturing destination internationally. Key Points India’s improvement is driven...
Udyog Manthan to Focus on Quality and Productivity
The commerce ministry is organising the Udyog Manthan. Under the Udyog Manthan, a series of webinars are being conducted. Highlights The Webinar is focusing on about 45 sectors...
GoI lifts ban on PPE exports; monthly quota set as 5 million units
On June 29, 2020, the Government of India lifted the ban on export of Personal Protective Equipment (PPE). Also, it has fixed a monthly quota of 5 million...
GoI launches three new schemes to boost Electronics sector
On June 2, 2020, the Union Minister Ravi Shankar Prasad launched three new schemes to bbost electronics sector. They are Production linked incentive scheme, cluster scheme (EMC 2.0)...
India: The Second Largest Manufacturer of PPE in the world
On May 21, 2020, India became the second largest producer of Personal Protective Equipment in the world. China is the leading producer of PPE in the world. Highlights...
Renewable Energy Parks to be set up in India
On April 18, 2020, the Ministry of Renewable Energy has initiated big action to set up Renewable Manufacturing parks in India. Highlights The Ministry of Renewable Energy initiated...
RBI launches OBICUS
On April 16, 2020, the Reserve Bank of India launched OBICUS. This is the 49th round of survey by the apex bank for the period January to March....
Unemployment Rate in India has increased to 23% due to Lock Down
The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy...