India’s Imports Current Affairs - 2020

Domestic Manufacturing of Medical Devices approved by Cabinet

On March 21, 2020, the Union Cabinet chaired by PM Modi approved the Medical Device Park Scheme. The scheme is to be implemented for the next five years. The GoI has approved Rs 13,760 crores for the scheme. The amount is mainly to be used in medical devices and drugs production.

Highlights

The scheme aims to boost the domestic manufacturing of medical devices in the country. It includes setting up of medical device parks in Tamil Nadu, Kerala, Telangana and Andhra Pradesh. Every park is to receive Rs 100 crores. The grants are to be provided to the state and the projects are to be implemented by respective state governments.

Benefits

The parks will help to reduce imports and also increase standard of medical testing. Also, the scheme will help to reduce cost of production.

Background

India is the fourth largest market for medical devices in Asia. However, the domestic medical devices industry in India is very small. India’s domestic medical devices stand at 2% of the global industry.

The Pulses Conclave 2020 to be held in Lonavala, Maharashtra

The fifth Pulses Conclave 2020 is to be held in Lonavala, Maharashtra between February 12, 2020 and February 14, 2020. It is a biennial conference.

Highlights

The India Pulses and Grain Association will host the Conclave. Around 1500 stakeholders from India and other countries are expected to participate in the conference. It includes Australia, USA, Myanmar, Canada, Uganda, Ethiopia, Tanzania, Malawi, Mozambique, etc. The conference aims at increasing exports, processing efficiencies, protein extraction, value addition and post-harvest management.

Significance

The production of pulses of pulses has been steadily growing. In 2013-14, production of pulses was around 19 million tonnes and it increased to 26.30 million tonnes in 2018-19. According to APEDA (Agricultural and Processed Food Products Export Development Authority), in 2018-19, India exported pulses for 242.6 million USD.

With India moving towards nutritious food production from self-sufficient food production, area under pulses production has been increased. Today, around 20% of area of agriculture contributes to pulses. MP, Maharashtra, Rajasthan, UP and Karnataka are the leading pulses producing states in India.

The conference will help in achieving India’s goal of doubling farmer income by 2022.

Pulses in India

India is the largest producer of pulses in the world. It accounts to around 25% of global production. Also, India is the largest consumer of pulses. It consumes 27% of world pulses. And India is also the largest importer of pulses. India imports 14% of pulses in the world.

Pulses are significant in the country as they contribute to good consumer health as they are rich in proteins.

Also, pulses increase soil health and hence are used as annual leguminous crops.