NEWS

  Consumer Price Index for Industrial Workers (2016=100) – December, 2020 Key points All-India CPI for Industrial Workers (2016=100) for December, 2020 decreased to 118.8 points compared to 119.9 points for November, 2020. In percentage terms, it went down by 0.92% w.r.t. previous month mainly due to Food group items having a share of 39.17% in the total weight which recorded a fall of 3.16% between these two months. During the period, decrease in prices of food items viz. Rice, Poultry (Chicken), Orange ,  Brinjal, Cabbage, Cauliflower, Carrot, Chillies Green, Ginger, Onion, Peas, Potato, Tomato, etc.  had greater impact. Year-on-year inflation based on all-items stood at 3.67 per cent for December, 2020 as compared to 5.27 per cent for the previous month and 9.63 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 2.89 per cent against 7.48 per cent of the previous month and 12.22 per cent during the corresponding month a yea...

  14th BSM conducted by Spices Board in FY 2020-21, covering Chili and Turmeric India is the world’s largest exporter of chili and turmeric, the exports of which have recorded a steady progress, over the years. During 2019-20, India exported 4,84,000 tonnes of chili and chili products valued at Rs.6211.70 crores which contributed to more than 40 per cent in volume and 29 per cent in value of India’s total spice exports. Turmeric held a share of 11 per cent in volume and 6 per cent in value of the export basket, with an export of 1,36,000 tonnes valued at Rs.1216.40 crores. During the pandemic situation, the export of turmeric from India, a spice with immunity boosting properties, has recorded an impressive growth of 42 per cent in terms of volume during the first half of 2020-21. Spices Board conducted the Virtual Buyer Seller Meet(BSM) for Chili and Turmeric, with focus on Andhra Pradesh, which saw participation from 245 stakeholders. This was the 14th BSM conducted by the Board i...

  India needs greater thrust on innovation to become  the third largest Economy, especially from the private sector India entered the top 50 innovating countries for the first time in 2020 since the inception of the Global Innovation Index in 2007, by improving its rank from 81 in  2015 to 48 in 2020.  India ranks first in Central and South Asia, and third amongst lower middle-income group economies points out the  Economic Survey 2020-21 tabled by the Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman  in the Parliament today Greater Thrust on Innovation required: India needs greater thrust on innovation to catapult itself to a higher growth trajectory and become the third largest economy in GHDP current US$ in the near future, says the Economic Survey 2020-21.  This requires boosting gross expenditure on R&D from 0.7 per cent of GDP currently, to at least the average level of Gross Domestic Expenditure on( GERD )in other...

  PM to address 125th anniversary celebrations of ‘Prabuddha Bharata’ on 31st January Prime Minister Shri Narendra Modi will address the 125th anniversary celebrations of ‘Prabuddha Bharata’, a monthly journal of the Ramakrishna Order, started by Swami Vivekananda in 1896, at around 3:15 PM on 31st January, 2021. The event is being organized by Advaita Ashrama, Mayavati.   About 'Prabuddha Bharata’ The journal ‘Prabuddha Bharata’ has been an important medium for spreading the message of India’s ancient spiritual wisdom. Its publication was started from Chennai (erstwhile Madras), where it continued to be published for two years, after which it was published from Almora. Later, in April 1899, the place of publication of the Journal was shifted to Advaita Ashrama and it has been continuously published from there since then. Some of the greatest personalities have left their imprint on the pages of ‘Prabuddha Bharata’ through their writings on Indian culture, spirituality, philos...

  Key Highlights of Economic Survey 2020-21 Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2020-21 in the Parliament today. The key highlights of Economic Survey 2020-21, which is  dedicated to the COVID Warriors , are as follows: Saving Lives and Livelihoods amidst a Once-in-a-Century Crisis •           India focused on saving lives and livelihoods by its willingness to take  short-term pain for long-term gain,  at the onset of the COVID-19 pandemic •           Response stemmed from the  humane principle  that: Human lives lost cannot be brought back o GDP growth will recover from the temporary shock caused by the pandemic •           An  early, intense lockdown provided a win-win strategy  to save lives, and preserve livelihoods via economic ...