Core Industries Context: • The cumulative growth rate of Index of Eight Core Industries (ICI) during April-March 2021-22 was 10.4% (provisional) as compared to the corresponding period of last Financial Year. What are the core industries? • Natural gas, coal, refinery products, crude oil, cement, […]
Indian Oil Imports Context: • India buys most of its oil from West Asia but now USA has emerged as the fourth biggest source for importing oil. • This is in context at a time when Russian oil is under heavy sanctions and Asian nations […]
National Mineral Development Corporation Ltd. (NMDC) Context: • National Mineral Development Corporation Ltd. (NMDC), Country’s largest Iron Ore producer, a CPSE under Ministry of Steel became the first company in the country to cross 40 million tonnes (MT) iron ore production in a year. About: […]
Food Processing In India Context: India being one of the largest producers of fruits and vegetables in the world has huge potential in food processing industry. In this context it is important to know about the Production Linked Incentive Scheme which aims to incentivize […]
One District One Product (ODOP) Initiative Context: As a major boost to Centre and State collaboration in promoting products under the One District One Product (ODOP) Initiative – a State Conference was held on 21st January, 2022 by the Department for Promotion of Industry […]
