Organisation for Economic Co-operation and Development (OECD) Current Affairs, GK & News

IEA invites India to become full-time member

International Energy Agency (IEA) has invited India to become its full-time member. Key Points This membership invitation was given in the light that, India is world’s third-largest energy consumer. If this proposal is accepted, it will require India to increase its strategic oil reserved to 90 days requirement. Oil Minister Hardeep Singh Puri held discussions ..

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OECD-FAO outlook report on Pulses

Organisation for Economic Co-operation and Development (OECD) & Food and Agriculture Organisation (FAO) have published “OECD-FAO Outlook report 2021-2030”  recently making interesting reading insofar as major crops are concerned. The latest report covers pulses and a few other non-major crops under ‘other products’ category. Highlights India is central to any projection in global pulses because ..

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OECD estimate growth cut of India to 9.9%

Organisation for Economic Co-operation and Development (OECD) has cut India’s growth projection to 9.9 % for Financial Year 2022. In March, it estimated growth to 12.6%. Rate was cut witnessing covid cases lockdowns which have threatened to stall nascent economic recovery of India. Key Points As per OECD, “pandemic can be contained quickly but GDP ..

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Japan Appoints Loneliness Minister to Check Suicide Rate

Japan has appointed the first ever Minister for Loneliness amid the increasing suicide rates in Japan. Key Points Suicide rates in Japan has increased for the first time in 11 years in the current COVID-19 pandemic situation. Japan has appointed the loneliness minister on the line of United Kingdom which became the first country in ..

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