Imports Current Affairs - 2020

Khadi Agarbatti Aatmanirbhar Mission approved

On September 6, 2020, the Ministry of MSME approved the Khadi Agarbatti Aatma Nirbhar Mission. The scheme aims to create employment for migrant workers in different parts of the country, support the local Agarbatti industry and handholding artisans. Background The current Agarbatti consumption in India is 1,490 metric tonnes per day. However, the production of Read More…

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India sets target of achieving 100 MT coal gasification by 2030

On August 31, 2020, the Union Minister of Coal and Mines Shri Prahlad Joshi announced at a webinar that India aims for 100 million tonnes of coal gasification by 2030. This is to be achieved through investments worth Rs 4 lakh crores. Highlights The Government of India has provided concession of 20% on revenue share Read More…

India to set up Coal Exchange

India is to set up Coal Exchange trading platform soon. According to the proposal to set up the India Coal Exchange platform, the entire coal mined in the country is to be traded on a common platform called “Coal Exchange”. Why is Coal Exchange important? It is important to set up the trading platform as Read More…

GoI: 10 Sectors identified to cut imports

On June 3, 2020, the Department of Promotion for Industry and Internal Trade identified 10 sectors where in the imports are to be cut. This includes textiles, jewelry, mobile, gems, pharmaceuticals, garments, electronics, machinery, etc. Highlights The GoI has recently changed the set targets in order to become self-reliant in footwear, furniture and air conditioner. Read More…

India: The Second Largest Manufacturer of PPE in the world

On May 21, 2020, India became the second largest producer of Personal Protective Equipment in the world. China is the leading producer of PPE in the world. Highlights The Ministry of Textiles has been taking several measures to maintain the quality of PPE alongside manufacturing. Background Initially India faced several challenges in increasing quality PPE Read More…