Mining Current Affairs - 2019

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Industrial production growth slows to 1.7% in January 2019

The Central Statistics Office (CSO) has released the data for the Index of Industrial Production (IIP) for the month of January. The IIP data shows that: Industrial output growth stood at 1.7 per cent in January against the 2.6% growth recorded in December 2018. The CSO has revised the industrial production growth for December 2018 has Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Index of Industrial Production of November: Key Facts

The Index of Industrial Production for the month of November has been released by the Central Statistical Office, under the Ministry of Statistics and Programme Implementation. The Index of Industrial Production (IIP) provides details about the growth of various sectors in an economy such as mineral mining, electricity and manufacturing. IIP is a composite indicator that Read More…

Month:  Categories: Reports & Indices

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India to Chair Kimberley Process Certification Scheme from January 2019

India will Chair Kimberley Process Certification Scheme (KPCS) from 1st January 2019. It was was handed Chairmanship by the European Union during KPCS Plenary 2018, which was held in Brussels, Belgium. India as KPCS Chair will be committed to Commitments of India as KPCS Chair Make KPCS stronger process in terms of inclusiveness, strengthened administration Read More…

Month:  Categories: International

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Index of Industrial Production (IIP): Industry growth slips to 7-month low of 3.2% in May 2018

According to the data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) has slipped to seven-month low of 3.2% in May 2018. It was mainly due to sluggish performance of manufacturing and power sectors coupled with poor offtake of fast moving consumer goods (FMCG). Read More…

Month:  Categories: Reports & Indices

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India, Morocco sign MoU to promote mineral exploration

India and Morocco have signed Memorandum of Understanding (MoU) in the field of Mining and Geology for a period of 5 years to promote mineral exploration. It was signed in New Delhi after the bilateral discussions between Mines Minister Narendra Singh Tomar and his Moroccan counterpart Aziz Rabbah. Key Facts Under this MoU, focus will Read More…

Month:  Categories: International

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Government launches Sand Mining Framework to check illegal extraction

The Union Ministry of Mines has launched Sand Mining Framework to help states deal with the sand mining issues, including demand supply deficit and illegal extraction. It was launched at the third National Conclave on Mines & Minerals held in New Delhi. Key Facts The main objective of framework is to assist states in arriving Read More…

Month:  Categories: Governance & Politics

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IIP expands at 7.5% in January 2018

According to data released by the Central Statistics Office (CSO), India’s factory output, measured by Index of Industrial Production (IIP) recorded overall 7.5% growth in January 2018, indicating early signs of industrial revival. Factory output grew at 7.1% in December 2017, before hitting 25-month high of 8.4% in November 2017. The cumulative IIP growth for Read More…

Month:  Categories: Business, Economy & Banking

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