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Fourth Industrial Revolution

In News, The World Economic Forum (WEF) has chosen Hyderabad for establishing its Center for the Fourth Industrial Revolution focused on healthcare and life sciences. C4IR Telangana will be the 18th center to join WEF’s Fourth Industrial Revolution (4IR) network that spans four continents. Do you Know? The first industrial revolution used water and steam […]

Atmanirbharta for New India

In Context  The Atmanirbhar experiment and the lessons that India is learning today as a nation can help usher in a new model of sustainable development. About Atmanirbharta  Atmanirbhar Bharat Abhiyaan or Self-reliant India campaign is the vision of a new India envisaged by the Hon’ble Prime Minister Shri Narendra Modi.  In 2020, He raised […]

Global Risks Report 2023: WEF

In News Recently, the Global Risks Report 2023 was released by the World Economic Forum (WEF). Key Points Most severe risks facing the world in the next decade: Failure to mitigate climate change’  Failure of climate change adaptation’  Natural disasters and extreme weather events: It is also the second-most severe risk that the world needs […]

India-UK – Young Professionals Scheme

In News The governments of India and the U.K. recently marked Pravasi Bharatiya Divas on January 9, 2023 by initiating the Young Professionals Scheme. More about the news About: The Young Professionals Scheme was conceived as part of an India-U.K. The Migration and Mobility MoU signed in May 2021, was announced in November at the […]

First Advance Estimates by NSO

In News According to the first advance estimates of national income released by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) is expected to grow 7 percent in the financial year 2022-23. Key Points About: This marks the first official government estimate for economic growth ahead of the upcoming Union Budget for 2023-24.  […]

Extension of PM SVANidhi Scheme

In News: The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March 2022  About  PM SVANidhi Scheme PM SVANidhi is a Central Sector Scheme to facilitate street vendors to access affordable working capital loan for resuming their livelihoods activities, after easing of lockdown. It has been extended  with […]

Global employment scenario post-pandemic

In News Recently, the International Labour Organisation (ILO) released two reports that gave an indication of the global employment scenario post-pandemic.  About Reports The ‘Global Wage Report 2022-2023: The Impact of inflation and COVID-19 on wages and purchasing power’. It discuss the twin crises: Inflation Economic slowdown They created a “striking fall” in real monthly […]

Connecting India’s East with the Indo-Pacific

In News  The Indo-Pacific Conclave was organised by the US Consulate General and the Asian Confluence, a think tank that was leading in the study of India’s Northeast. Importance of North East India The Northeast comprises seven ‘sisters’ or States and one ‘brother’, Sikkim. The eight states of North East India are blessed with scenic […]

Semiconductor and electronics manufacturing industry in India

In News The 25th edition of Bengaluru Technology Summit, Karnataka’s annual tech exposition was recently attended by the Union Minister of State for Electronics and Information Technology. He highlighted the potential of India’s Semiconductor and electronics manufacturing industry. Potencial of the Semiconductor and electronics sector in India India has a great scope to emerge as […]

Monetary Policy Committee (MPC) meeting on Inflation Targeting

In News The Reserve Bank of India (RBI) said that it would hold an additional Monetary Policy Committee (MPC) meeting recently. Key Points Reason for Additional Meeting:  The RBI has failed to maintain the consumer price index (CPI) inflation target within the 2-6 percent band for three consecutive quarters (January to September 2022) The Regulation […]