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Showing posts from October, 2015

Major Wetlands in India

1. Asthamudi Wetland 2. Bhitarkanika Mangroves 3. Bhoj wetland 4. Chandratal wetland 5. Chilka lake 6. Deepor beel 7. East kolkata 8. Harika lake 9. Hokera wetlands 10. kanji 11. keoladeo national park 12. kolleru lake 13. loktak lake 14. point Calimere 15. Pong dam Reservoir 16. Renuka wetland 17. Ropar 18. Rudrasagar lake 19. Sambhar lake 20. Sashthamkotta 21.Surinsar- Mansar 22. Tso morari 23. Upper Ganga river 24. Vembnad kol 25. Wular lake 26. Sundarban delta

Terrestrial Biomes

Major Terrestrial biomes in the world 1. Tropical Evergreen Rain forests 2. Monsoon Deciduous forests 3. Tropical Savanna biome 4. Subtropical Deciduous Biome 5. Temperate Rainforests Biome 6. Mediterranean Biome 7. Taiga Biome 8. Temperate Grassland 9. Desert Biome 10. Tundra Biome

CPI(UNME)

  The need for an all Indian middle class cost of living index was felt on several occasions in connection with the fixation and adjustments of emoluments of Central Government employees. The Central Statistical Organisation carried out a family living survey of urban middle class population during 1958-59 to facilitate construction of middle class cost of living indices. On the basis of this survey data, a cost of living index number named as CPI(UNME) on base1960=100 was compiled and published since 1961. This index depicts the changes in the level of average retail prices of goods and services consumed by the urban segment of the population. The target group of this index was urban families who derived major portion of their income from non manual occupations in the non-agricultural sector.This index had a limited use as it was used for determining dearness allowances of employees of some foreign companies working in India in service sectors such as airlines, c...

CPI(W)

This index is the oldest among the CPI indices as its dissemination started as early as in 1946. The history of compilation and maintenance of Consumer Price Index for Industrial workers owes its origin to the deteriorating economic condition of the workers post first world war which resulted in sharp increase in prices. As a consequence of rise in prices and cost of living, the provincial governments started compiling Consumer Price Index. The estimates were however not satisfactory. In pursuance of the recommendation of Rau Court of enquiry, the work of compilation and maintenance was taken over by government in 1943. Since 1958-59, the compilation of CPI(IW) has been started by Labour Bureau ,an attached office under Ministry of Labour & Employment. Consumer Price Index Numbers for Industrial workers measure a change over time in prices of a fixed basket of goods and services consumed by Industrial Workers. The target group is an average working class family b...

CPI (AL) & CPI(RL)

  Labour Bureau has been compiling CPI Numbers for Agricultural Labourers since September, 1964.The base of CPI(AL) was 1960-61=100. This series of CPI Numbers was then replaced by CPI for (i) Agricultural and (ii) Rural Labourers with base 1986-87=100 from November, 1995 onwards . CPI for Agricultural and Rural labourers on base 1986-87=100 is a weighted average of 20 constituent state indices and it measures the extent of change in the retail prices of goods and services consumed by the agricultural and rural labourers as compared with the base period viz 86-87. This index is released on the 20th of the succeeding month. CPI-AL is basically used for revising minimum wages for agricultural labour in different States.

Consumer Price Index(Urban) and Consumer Price Index(Rural)

The CPI(IW) and CPI(Al & RL) pertain to specific segment of population. Since these indices do not cover all segments of population, it is difficult to ascertain the true variations in the price level . To overcome this problem, a new index with a wider coverage is now being computed, CPI(Urban) and CPI(Rural) by Central Statistics Office under Ministry of Statistics and Programme Implementation. This series of CPI has two components, one a representative of the entire urban population, viz. CPI (Urban), and another for the entire rural population, viz. CPI (Rural) These indices reflect the changes in the price levels of various goods and services consumed by the urban and rural population respectively. The indices are compiled at State/UT and all-India levels and are based on 2010 as base year. CPI (urban) covers 310 towns while the span of CPI(rural) is 1181 villages. Index Numbers for both rural and urban areas and also combined have been started from January...

Cabinet Committee on Infrastructure

CCI is one of the new Standing Committee of the Cabinet for focussed and speedy decisions for infrastructure. Prior to setting up of the CCI, infrastructure development was conventionally, and by implication included in the general mandate of CCEA/ Cabinet. CCI considers and takes decisions in respect of all infrastructure related proposals costing more than specified levels (Rs. 3 Billion at present) specifically those concerning Energy, Railways, Roads, and National Highways, Ports, Airports, Telecommunications, Information Technology, Irrigation, Housing and Urban Development with particular emphasis on rural housing and augmentation of facilities in urban slums. The CCI also considers and decides fiscal, financial, institutional and legal measures that are required to enhance investment in the infrastructure sector, including grant of requisite approvals to facilitate private sector investment in specific projects. The CCI both lays down parameters and targets for perfo...

CCEA

It has a mandate to review economic trends on a continuous basis, as also the problems and prospects, with a view to evolving a consistent and integrated economic policy framework for the country. It also directs and coordinates all policies and activities in the economic field including foreign investment that require policy decisions at the highest level. Matters regarding fixation of prices of agricultural products as well as reviewing progress of activities related to rural development including those concerning small and marginal farmers are in CCEA’s competence. Price controls of industrial raw materials and products, industrial licensing policies including industrial licensing cases for establishment of Joint Sector Undertakings, reviewing performance of Public Sector Undertakings including their structural and financial restructuring are also within the purview of CCEA, as are all matters relating to disinvestment including cases of strategic sale, and pricing of Government ...

Skewflation

Economists usually distinguish between inflation and a relative price increase. ‘Inflation’ refers to a sustained, across-the-board price increase, whereas ‘a relative price increase’ is a reference to an episodic price rise pertaining to one or a small group of commodities. This leaves a third phenomenon, namely one in which there is a price rise of one or a small group of commodities over a sustained period of time, without a traditional designation. ‘Skewflation’ is a relatively new term to describe this third category of price rise. In India, food prices rose steadily during the last months of 2009 and the early months of 2010, even though the prices of non-food items continued to be relatively stable. As this somewhat unusual phenomenon stubbornly persisted, and policymakers conferred on how to bring it to an end, the term ‘skewflation’ made an appearance in internal documents of the Government of India, and then appeared in print in the Economic Survey 2009-10, Gov...

Inclusive Growth

  The agenda for inclusive growth was envisaged in the Eleventh Plan document which intended to achieve not only faster growth but a growth process which ensures broad-based improvement in the quality of life of the people, especially the poor, SCs/STs, other backward castes (OBCs), minorities and women and which seeks to provide equality of opportunity to all. Bringing these excluded sections of the society into the mainstream of the society so that they are able to reap the benefits of faster economic growth is the kind of ‘inclusion’ which is being envisioned in the concept of inclusive growth. Inclusive growth means economic growth that creates employment opportunities and helps in reducing poverty. It means having access to essential services in health and education by the poor. It includes providing equality of opportunity, empowering people through education and skill development. It also encompasses a growth process that is environment friendly growth,...

Core Inflation

Share on linkedin Share on pdfmyurl Share on email Core Inflation is also known as underlying inflation, is a measure of inflation which excludes items that face volatile price movement, notably food and energy. In other words, Core Inflation is nothing but Headline Inflation minus inflation that is contributed by food and energy commodities. To understand the concept in a better way we can say that food and fuel prices may go up in the short run due to some disturbance in the agriculture sector or oil economy. However, over the long term they tend to revert back to their normal trend growth. On the other hand, prices of other commodities do not fluctuate as regularly as food and fuel – as such increase in their prices could be taken relatively to be much more of a permanent nature. If this is so, then it follows logically for Central Banks to target only core inflation, as it reflects the demand side pressure in the economy. In practice too, the Reserve Bank of Ind...

Medium-term Expenditure Framework Statement

The Medium-term Expenditure Framework Statement is a statement presented to the Parliament under Section 3 of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 and sets forth a three-year rolling target for the expenditure indicators with specification of underlying assumptions and risks involved. The statement provides an estimate of expenditure commitments for various items viz. Education, Health, Rural Development, Energy, Subsidies and Pension etc. While formulating the MTEF Statement, information on expenditure commitments spread across the various central ministries on salaries (including grants-in-aid for salaries) and pensions, grants-in-aid for creation of capital assets, major programme, interest payment, defence expenditure and major subsidies etc. and other commitments of Government, will be considered. To take an example, in MTEF, salary component which now appears scattered amongst the various Demand for Grants of central Ministries would be a...

Kharif and Rabi Cropping Seasons

  The agricultural crop year in India is from July to June. The Indian cropping season is classified into two main seasons-(i) Kharif and (ii) Rabi based on the monsoon. The kharif cropping season is from July –October during the south-west monsoon and the Rabi cropping season is from October-March (winter). The crops grown between March and June are summer crops. Pakistan and Bangladesh are two other countries that are using the term ‘kharif’ and ‘rabi’ to describe about their cropping patterns. The terms ‘kharif’ and ‘rabi’ originate from Arabic language where Kharif means autumn and Rabi means spring. The kharif crops include rice, maize, sorghum, pearl millet/bajra, finger millet/ragi (cereals), arhar (pulses), soyabean, groundnut (oilseeds), cotton etc. The rabi crops include wheat, barley, oats (cereals), chickpea/gram (pulses), linseed, mustard (oilseeds) etc. In an agricultural year (July-June), the Directorate of Economics & Statistics (DES), Departmen...

HEADLINE INFLATION

Share on linkedin Share on pdfmyurl Share on email In general, reflects the rate of change in prices of all goods and services in an economy over a period of time. Every country has its own set of commodity basket to track inflation. While some countries use Wholesale Price Index (WPI) as their official measure of inflation and some others use the Consumer Price Index (CPI). The International Monetary Fund (IMF) statistics reveals that, while 24 countries use WPI as the official measure to track inflation, 157 countries use CPI. Conceptually these two measures of inflation stress different stages of price realization as well as composition: while WPI measures the change in price level at wholesale market, CPI measures the change in price level at retail level. In India, headline inflation is measured through the WPI – which consists of 676 commodities (services are not included in WPI in India). It is measured on year-on-year basis i.e., rate of change in price lev...

AGMARKNET

Agricultural Marketing Information Network (AGMARKNET) was launched in March 2000 by the Union Ministry of Agriculture. The Directorate of Marketing and Inspection (DMI), under the Ministry, links around 7,000 agricultural wholesale markets in India with the State Agricultural Marketing Boards and Directorates for effective information exchange. This e-governance portal AGMARKNET, implemented by National Informatics Centre (NIC), facilitates generation and transmission of prices, commodity arrival information from agricultural produce markets, and web-based dissemination to producers, consumers, traders, and policy makers transparently and quickly. The AGMARKNET website ( http://www.agmarknet.nic.in ) is a G2C e-governance portal that caters to the needs of various stakeholders such as farmers, industry, policy makers and academic institutions by providing agricultural marketing related information from a single window. The portal has helped to reach farmers who do not hav...
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North Indian temple The typical Hindu temple in northern India , on plan, consists of a square garbhagriha preceded by one or more adjoining pillared mandapa s (porches or halls), which are connected to the sanctum by an open or closed vestibule ( antarala ). The entrance doorway of the sanctum is usually richly decorated with figures of river goddesses and bands of floral, figural, and geometric ornamentation . An ambulatory is sometimes provided around the sanctum. The shikhara is usually curvilinear in outline, and smaller rectilinear shikhara s frequently top the mandapa s as well. The whole may be raised on a terrace ( jagati ) with attendant shrines at the corners. If a temple is dedicated to the god Shiva , the figure of the bull Nandi , the god’s mount, invariably faces the sanctum, and, if dedicated to the god Vishnu , standards ( dhvaja- stambha ) may be set up in front of the temple That the prototype of the North Indian temple already existed in the 6th century can ...

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Exercise Malabar – 15

  Initiated in 1992, as a bilateral exercise between the Indian and US Navies, the scope, complexity of operations and level of participation has increased steadily in successive editions of the India-US Malabar Naval Exercise. The 18th edition of the exercise was held in the Western Pacific in July 2014 in which Japanese Maritime Self Defense Force (JMSDF) was invited to participate. MALABAR-15, the 19th edition of the exercise, will be conducted in the Bay of Bengal from 14 -19 October 2015. Alongwith the Indian Navy and the US Naval Forces, JMSDF will also participate in the exercise. The scope of MALABAR-15 includes wide-ranging professional interactions during the Harbour Phase and a diverse range of operational activities at sea during the Sea Phase. During MALABAR-15, the Indian Navy will be represented by INS Shivalik an indigenous frigate, INS Ranvijay a guided missile destroyer, INS Betwa an indigenous frigate and INS Shakti ¬¬¬¬a Fleet Support Ship. In ...

Malaysia proposes US $ 30 billion investments in urban development and housing projects in India

Malaysia’s Works Minister says Unfolding India is exciting Large Malaysian and Chinese delegations discuss investments with Shri Venkaiah Naidu Construction Industry Development Board(CIDB) of Malaysia has proposed to invest US $ 30 billion in urban development and housing projects in India. A 30 member business delegation led by the Malaysia’s Minister of Works Shri Haji Fadillah Bin Haji Yusof today held detailed discussions in this regard with the Minister of Urban Development and Housing & Urban Poverty Alleviation Shri M.Venkaiah Naidu in New Delhi today. The visiting Minister told Shri Naidu that “the unfolding India is very exciting and that is the reason for coming here with a huge 30 member delegation of senior representatives of 12 leading government and private companies of Malaysia”. On behalf of CIDB, a government agency, presentations were made to Shri Venkaiah Naidu and senior officials of the two urban ministries on concept plans for two proposed p...

DD National to telecast ‘Hunnarbaaz’ A 10- episode Programme on Apprenticeship Training Scheme from Sunday, 18 October

  Ministry of Skill Development and Entrepreneurship has amended the apprentices Act, 1961 to make it more responsive to industry as well as youth. Prime Minister Shri Narendra Modi in his Independence Day speech to the Nation has stated that“Millions and Millions of Indian youth should go for acquisition of skills and there should be a network across the country for this and not the archaic systems. They should acquire the skills which could contribute towards making India a modern country. Whenever they go to any country in the world, their skills must be appreciated.I also want to create a pool of young people who are able to create jobs and the ones who are not capable of creating jobs and do not have the opportunities, they must be in a position to face their counterparts in any corner of the world while keeping their heads high by virtue of their hard work and their dexterity of hands and win the hearts of people around the world through their skills. We wan...

India's nuclear programme underlines 'Make in India' initiative: Dr Jitendra Singh

  The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh has said that India’s nuclear programme underlines “Make in India” initiative and recent achievements through indigenous resources have demonstrated India’s enormous potential in the field of nuclear science and research. Addressing the “India Nuclear Energy Summit 2015” in Mumbai today, Dr. Jitendra Singh said, the last year-and-a-half has been eventful in more ways than one. On the one hand, it was during this period that a new government took over headed by the Prime Minister Shri Narendra Modi who has a natural scientific temper and on the other hand, it was during the same period when the Bhabha Atomic Research Centre (BARC) observed Diamond Jubilee of its establishment as a tribute to its founding father Homi J. Bhabha. It is also a vindication of Homi Bhabha’s mi...

INS Astradharini Joins The Indian Navy

An indigenously built Torpedo Launch and Recovery Vessel ‘INS Astradharini’, was commissioned today, 06th October 2015 by Vice Admiral Satish Soni, Flag Officer Commanding Eastern Naval Command at an impressive ceremony held at the Naval Base, Visakhapatnam. Distinguished Scientist Dr. V Bhujanga Rao, Director General (NS &M) DRDO, Shri CD Malleswar, Director NSTL, Visakhapatnam, Mr. Sahay Raj, CMD of M/s. Shoft Shipyard Pvt. Ltd, Bharuch, Gujarat and various other dignitaries were also present during the commissioning ceremony. Vice Admiral Satish Soni was received on arrival at the Naval Jetty by Commodore KA Bopanna, the Naval Officer-in-Charge (Andhra Pradesh) and was presented a Guard. The inaugural address was delivered by the Mr. Sahay Raj, CMD of M/s. Shoft Shipyard Pvt. Ltd. which was followed by address of Shri CD Malleswar, Director, NSTL and Distinguished Scientist Dr. V Bhujanga Rao, Director General (NS &M), DRDO. The NOIC(AP) also addressed the g...
Cadre review and formation of a service by the name of 'Indian Skill Development Service' The Union Cabinet chaired by the Prime Minister Shri Narendra Modi,  gave its approval for the formation of a Group ‘A’ service of the technical cadre of the Ministry of Skill Development & Entrepreneurship (MSD&E). This was earlier called the Directorate General of Employment & Training, Ministry of Labour Employment. The new service will be called the Indian Skill Development Service (ISDS). The following changes were also approved in the cadre restructure:- 1. Increase of one post at SAG level; 2. Increase of four posts at JAG level; 3. Increase of seven posts at STS level; and 4. Reduction of 12 posts at JTS level. The Cabinet also gave its approval for introduction of NFSG to the extent of 15 percent of SDPs at the STS level as applicable in Group ‘A’ Engineering Service. This decision will enhance the capacity and efficiency of the organisation.

Protocol on framework for cooperation in the field of blue economy between India and Seychelles

  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, gave its ex-post facto approval to the protocol for cooperation in the field of blue economy which was signed between India and Seychelles during the visit of the President of Seychelles to India on August 26, 2015. The protocol lays down the modalities and mechanism of cooperation between the two parties for ocean studies as well as scientific exploration and exploitation of sea based resources, for sustainable development and economic purposes. The cooperation will enhance India’s strategic cooperation in the field of blue economy; commercial benefits from export of human resources, expertise and technology and it will increase India’s access to ocean-based resources in cooperation with Seychelles. Cooperation with Seychelles in blue economy will provide new data on ocean-based resources and also provide for sharing of expertise and technology developed by Indian scientists and research instit...

Neeranchal

World Bank Assisted Project "Neeranchal" for the Watershed Component (Erstwhile Integrated Watershed Management Programme) of the Pradhan Mantri Krishi Sinchayi Yojana The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has given its approval to:    (i)        implement the World Bank assisted National Watershed Management Project "Neeranchal" with a total outlay of $357 million (Rs 2142.30 crore at Rs. 60 = $1) (ii)        implement the project at the National level as well as in the nine States of Andhra Pradesh, Chattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana.   The total cost of the project is Rs. 2142.30 crore of which the Government's share is Rs. 1071.15 crore (50 percent) and rest is the loan component from the World Bank.   For achieving the major objectives of the Wat...

BARC transfers key technology for strategic and non-strategic applications to accelerate Make in India mission

  Rare Earth (RE) magnets, such as samarium-cobalt, find use in Atomic Energy, Space and Defence industries for a variety of strategic and non-strategic applications. These exhibit superior quality in terms of performance ability, device miniaturization capability and stability at high operating temperatures. These are becoming increasingly indispensable components in high power motors, micro motors, alternators, couplers, bearings, and actuators etc. that cater to various non-strategic industries. The requirement of Rare Earth Permanent Magnets (REPM) in the country is currently met by imports. Considering the dual uses of these and the fact that India is a non-signatory to Non-proliferation Treaty (NPT), the availability of the magnets has been scarce to the country. In view of the above, there is a dire need for making indigenous effort to produce REPM. Indian Rare Earths Limited (IREL) has set up facilities for producing separated high pure RE oxides from mixe...

Visit of INS Trikand to Safaga, EGYPT

  In continuation of the Indian Navy’s overseas deployment to West Asia, Africa and Europe , INS Trikand entered Safaga today for a three-day visit. The ship will engage extensively with the Egyptian Navy during its stay in the country. Apart from professional interactions, a number of sports and social engagements are also planned, which would go a long way in enhancing cooperation and understanding between these two important and capable navies. Indian naval assets are regularly deployed as part of the Indian Navy’s mission of building ‘Bridges of Friendship’ and strengthening international cooperation with friendly countries as well as to address maritime concerns of the region including piracy in the Gulf of Aden. In addition, Indian Navy has also been involved in capacity building and capability enhancement of friendly navies in the Indian Ocean Region, besides providing assistance in hydrographic survey, search and rescue and improving maritime domain awaren...

Green India Mission Plans of Four States Approved

  The second meeting of National Executive Council (NEC) of the National Mission for a Green India (GIM) held here recently, approved the Perspective Plans & Annual Plan of Operations (APOs) submitted by four States - Mizoram, Manipur, Jharkhand and Kerala. The Perspective Plans of all four States, with a total financial outlay of Rs. 90, 202.68 lakh for a Plan period of 5 to 10 years were approved, along with APOs of Rs.11, 195.32 lakh for this financial year. The total forest and non-forest area taken up in these four States under GIM during the total plan period will be 1, 08, 335 hectares (ha) out of which 81, 939 ha will be improving the density of existing forests and 16, 396 ha will be new areas. For the current financial year, it will be 28, 250 ha and 7, 827 ha respectively. Approval has been granted for alternative energy devices such as biogas, solar devices, LPG, biomass-based systems and improved stoves for 27, 032 households for the current finan...

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Green Energy Corridors

Germany and India on Tuesday signed an two agreements to fund 125 million Euros for the Green Energy Corridors’ project in Andhra Pradesh and Himachal Pradesh. Germany’s development bank, KFW, will fund 57 million Euro for the project at Himachal Pradesh, and 68 million Euro for the Andhra Pradesh project, a press statement from the government said. The agreements were signed at a time when Germany’s chancellor Angela Merkel is on a state visit in India. Renewable Energy is one of the key areas of India-German partnership. The financing of the transmission infrastructure of renewable energy projects, the Centre and State grids will be strengthened to evacuate more green energy, the statement said. “With the Green Energy Corridors, the intra-State network will feed the renewable energy to the respective State grids and the high capacity transmission corridors and inter-State network will connect major renewable energy pockets with the national grid,” it added.

Technological Cooperation between India and Germany

A framework memorandum of understanding (MoU) has been signed today between the Department of Heavy Industries (DHI), Govt. of India and Fraunhofer, Germany with later as “Technology Resource Partner”. The MoU was signed in the presence of Secretary, Department of Heavy Ministry Dr. R. Katoch here in New Delhi. Senior Officers from Ministry of Heavy Industry and representatives from Bharat Heavy Electrical Limited (BHEL) were also present during the signing of MoU. The objective is to support and augment the “Make in India” Programme through increasing the innovation and technology prowess of Indian industry. The activities include creating a road-map for technological development for Indian industry, identifying and plugging technology gaps. Implementation identified projects in manufacturing, working with various stakeholders in Government, Industry & academia for increasing cooperation in applied research. The MoU signed will now be exchanged by EAM with her German ...