PIB(30/03/2019): UPSC Current Affairs to prepare for UPSC Exam

Ministry of Commerce & Industry

Interaction on Trade and Economic Cooperation with Ambassadors and High Commissioners of European and Oceania Countries

  • European and Oceania countries are major trading partners and major sources of investments for India and there is huge untapped potential that can be achieved.
  • Anup Wadhawan said like most trade negotiations between developing and developed countries, trade negotiations with EU and Oceania have been protracted.
  • Nearly, USD 1034.2 million was invested by companies from Oceania in the Indian market during April 2000 to December 2018.

 

  Ministry of Defence

Development of Combat Management System for Indigenous Aircraft Carrier through Private Sector

  • The CMS for the Indigenous Aircraft Carrier (IAC) developed with M/s Tata Power Strategic Engineering Division (TPSED), in collaboration with WESEE and M/s MARS, Russia was handed over by Mr Sukaran Singh, CEO and MD, M/s Tata Advanced Systems Ltd.
  • The event was attended by Rear Admiral Antony George, NM, VSM, ACNS (SR), Rear Admiral SK Nair, NM, ACOM (IT&S) and other senior officers from the Indian Navy, and M/s TPSED, including firm’s COO, Mr NeeleshTungar and CTO, Mr R. Muralidharan.
  • This is a major landmark on IN’s thrust towards GoI’s policy of ‘Make in India’ to encourage indigenous development and promoting private industry participation.

 

                                        Ministry of Commerce & Industry                                   

            GI Certification for five varieties of Indian coffee

  • The Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India has recently awarded Geographical Indication (GI) to five varieties of Indian coffee. They are:
  1. Coorg Arabica coffee
  2. Wayanaad Robusta coffee
  • Chikmagalur Arabica coffee
  1. Araku Valley Arabica coffee
  2. Bababudangiris Arabica coffee
  • In India, coffee is cultivated in about 4.54 lakh hectares by 3.66 lakh coffee farmers of which 98% are small farmers. Coffee cultivation is mainly done in the Southern States of India:
  • Karnataka – 54%
  • Kerala – 19%
  • Tamil Nadu – 8%