Ministry of Commerce and Industry Current Affairs, GK & News
Wholesale inflation record high in November
According to government data, annual wholesale price-based inflation in India had accelerated to a record high in November 2021. Key Facts The wholesale price inflation, a proxy figure for producers’ prices, accelerated by increases in manufacturing and food prices. Thus, it raised concerns of rising inflationary pressure. Annual wholesale price-based inflation increased to 14.23% in ..
Month: Current Affairs - December, 2021
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Topics: Ministry of Commerce and Industry • Wholesale price index • Wholesale price-based inflation
First consignment of Kashmir walnuts flagged off
Under the “One District, One Product (ODOP) initiative” of the Ministry of Commerce & Industry, first consignment of Kashmiri walnuts was flagged off from Budgam district of Jammu and Kashmir, recently. Key Points Truck carrying 2,000 kgs was despatched from Budgam to Bengaluru, Karnataka. 90% of India’s walnut production is from Kashmir. Kashmiri walnuts are ..
Month: Current Affairs - October, 2021
Category: Economy & Banking Current Affairs
Topics: Aatmanirbhar Bharat initiative • Kashmiri Walnuts • Ministry of Commerce and Industry • One District One Product (ODOP)
Govt announces launch of National Logistics Excellence Awards
On July 19, 2021, to turn the spotlight on the logistics sector, the Government of India announced the launch of a new category of awards named the National Logistics Excellence Awards. This newly launched awards will provide with due recognition to the various players involved in the logistics supply chain in the country. Key ..
Month: Current Affairs - July, 2021
Category: India Nation & States Current Affairs
Topics: Agricultural and Processed Food Products Export Development Authority's (APEDA) • Basmati Export Development Foundation (BEDF) • logistics supply chain • Ministry of Commerce and Industry • National Logistics Excellence Awards
DPIIT starts project on Open Network for Digital Commerce (ONDC)
Department for Promotion of Industry and Internal Trade (DPIIT) has launched a project on Open Network for Digital Commerce (ONDC). Aim of ONDC project Project on Open Network for Digital Commerce was launched with the aim of promoting open networks developed on open-sourced methodology. Open network will be developed using open specifications & open network ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs
Topics: Department for Promotion of Industry and Internal Trade (DPIIT) • Foreign Direct Investment (FDI) • Ministry of Commerce and Industry • Open Network for Digital Commerce (ONDC)
Business Immunity Platform
In light of the ongoing COVID-19 scare, the centre has launched the Invest India Business Immunity Platform (BIP) to help address the uncertainties among the businesses. About the Platform The Business Immunity Platform was launched by the Ministry of Commerce and Industry on March 21st, 2020. It is a comprehensive resource platform, hosted on Invest ..
Topics: COVID-19 • Invest India • Ministry of Commerce and Industry