Podcast
Questions and Answers
What percentage of India's GDP did the manufacturing sector contribute in FY 2021-22?
What percentage of India's GDP did the manufacturing sector contribute in FY 2021-22?
What is the projected compound annual growth rate (CAGR) of the manufacturing sector from 2021 to 2026?
What is the projected compound annual growth rate (CAGR) of the manufacturing sector from 2021 to 2026?
Which government initiative was launched in 2014 to enhance India's manufacturing sector?
Which government initiative was launched in 2014 to enhance India's manufacturing sector?
What is the primary goal of the Atmanirbhar Bharat initiative launched in 2020?
What is the primary goal of the Atmanirbhar Bharat initiative launched in 2020?
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What is the target for electronics manufacturing under the National Policy on Electronics by 2025-26?
What is the target for electronics manufacturing under the National Policy on Electronics by 2025-26?
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Which of the following sectors is NOT mentioned as a major sector contributing to India's manufacturing?
Which of the following sectors is NOT mentioned as a major sector contributing to India's manufacturing?
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What financial incentive is provided by the Production Linked Incentive Scheme?
What financial incentive is provided by the Production Linked Incentive Scheme?
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How many people are estimated to be employed directly in the manufacturing sector in India?
How many people are estimated to be employed directly in the manufacturing sector in India?
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What is a key advantage of digital radio over analog radio?
What is a key advantage of digital radio over analog radio?
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How does digital radio broadcasting utilize the radio spectrum more efficiently?
How does digital radio broadcasting utilize the radio spectrum more efficiently?
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Which of the following best describes the NDRF's primary training focus?
Which of the following best describes the NDRF's primary training focus?
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What role does the NDRF play during natural disasters?
What role does the NDRF play during natural disasters?
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Which of the following disasters did the NDRF respond to?
Which of the following disasters did the NDRF respond to?
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What is a common feature that digital radio eliminates from sound quality?
What is a common feature that digital radio eliminates from sound quality?
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What type of training does NDRF conduct to prepare for disaster management?
What type of training does NDRF conduct to prepare for disaster management?
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Which type of digital radio broadcasting provides high-quality sound?
Which type of digital radio broadcasting provides high-quality sound?
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What is one of the primary goals of the scheme discussed?
What is one of the primary goals of the scheme discussed?
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How does the scheme encourage bio-waste management?
How does the scheme encourage bio-waste management?
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What is a key aspect of the Community Involvement initiative?
What is a key aspect of the Community Involvement initiative?
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What regulatory function was added to TRAI's responsibilities in 2004?
What regulatory function was added to TRAI's responsibilities in 2004?
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Which principal activity is NOT associated with TRAI?
Which principal activity is NOT associated with TRAI?
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What does the scheme aim to provide rural households?
What does the scheme aim to provide rural households?
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What is one goal of the Behavioral Change Campaigns?
What is one goal of the Behavioral Change Campaigns?
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What aspect of the telecommunications sector does TRAI regulate?
What aspect of the telecommunications sector does TRAI regulate?
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What is one of the roles of TRAI concerning consumer protection?
What is one of the roles of TRAI concerning consumer protection?
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How does TRAI contribute to the fairness of telecom tariffs?
How does TRAI contribute to the fairness of telecom tariffs?
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What action does TRAI take regarding mergers and acquisitions in the telecom sector?
What action does TRAI take regarding mergers and acquisitions in the telecom sector?
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What does TRAI do to promote competition in the telecom industry?
What does TRAI do to promote competition in the telecom industry?
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What is ensured by TRAI in the regulation of cable networks?
What is ensured by TRAI in the regulation of cable networks?
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Which service does TRAI regulate to help consumers block unwanted calls?
Which service does TRAI regulate to help consumers block unwanted calls?
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What key aspect of telecommunications does TRAI update in relation to tariffs?
What key aspect of telecommunications does TRAI update in relation to tariffs?
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Which of the following best describes TRAI's approach towards service providers?
Which of the following best describes TRAI's approach towards service providers?
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What is the main purpose of the Dadasaheb Phalke Award?
What is the main purpose of the Dadasaheb Phalke Award?
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Who directed the first full-length Indian feature film?
Who directed the first full-length Indian feature film?
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Which of the following statements about the Dadasaheb Phalke Award is false?
Which of the following statements about the Dadasaheb Phalke Award is false?
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What does the recipient of the Dadasaheb Phalke Award receive?
What does the recipient of the Dadasaheb Phalke Award receive?
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What is the role of the committee appointed by the Ministry of Information and Broadcasting?
What is the role of the committee appointed by the Ministry of Information and Broadcasting?
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The Dadasaheb Phalke Award is considered to be similar to which international award?
The Dadasaheb Phalke Award is considered to be similar to which international award?
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Which of the following is NOT a criterion for receiving the Dadasaheb Phalke Award?
Which of the following is NOT a criterion for receiving the Dadasaheb Phalke Award?
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In what year was the Dadasaheb Phalke Award instituted?
In what year was the Dadasaheb Phalke Award instituted?
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What was the primary objective of the Swachh Bharat Mission launched on October 2, 2014?
What was the primary objective of the Swachh Bharat Mission launched on October 2, 2014?
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Which component of the Swachh Bharat Mission is focused specifically on rural areas?
Which component of the Swachh Bharat Mission is focused specifically on rural areas?
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What key activity is emphasized in the Swachhta Hi Sewa 2024 campaign?
What key activity is emphasized in the Swachhta Hi Sewa 2024 campaign?
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Which of the following is a focus area of the National Mission for Clean Ganga?
Which of the following is a focus area of the National Mission for Clean Ganga?
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What does the Swachh Bharat Mission-Urban aim to eliminate in cities and towns?
What does the Swachh Bharat Mission-Urban aim to eliminate in cities and towns?
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When does the Swachhta Hi Sewa campaign typically take place each year?
When does the Swachhta Hi Sewa campaign typically take place each year?
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What is a significant emphasis of the Galvanizing Organic Bio-Agro Resources Dhan scheme?
What is a significant emphasis of the Galvanizing Organic Bio-Agro Resources Dhan scheme?
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What does the Swachh Bharat Mission prioritize in terms of sanitation practices?
What does the Swachh Bharat Mission prioritize in terms of sanitation practices?
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Study Notes
Current Affairs Handout - 1st October 2024
- Handout produced by VajiramandRavi Institute for IAS Examination
- Date of handout: 1st October 2024
- Topic: Unlocking India's Manufacturing Potential
Status of the Manufacturing Sector in India
- Manufacturing sector contributes 16.3% to India's GDP (FY 2021-22)
- National policy on Manufacturing aims for 25% share by 2025-26
- Employs approximately 50 million people directly and 90 million indirectly
- IIP (Index of Industrial Production) grew by 12% in FY 2021-22
- Projected to grow at 12% CAGR (Compound Annual Growth Rate) during 2021-2026
- Key sectors: automobiles, textiles, chemicals, pharmaceuticals, electronics, machinery, and steel
- Automobile industry contributes around 7.1% of GDP and is a significant exporter
Government Schemes and Initiatives
- Make in India (2014): Aims to increase manufacturing sector's GDP share; involves both domestic and foreign companies across 25 sectors
- Production Linked Incentive (PLI) Scheme (2020): Provides financial incentives to manufacturers for incremental production across various sectors; estimated at $26 billion for different PLI schemes
- Atmanirbhar Bharat (2020): Aims to boost domestic manufacturing, reduce reliance on imports in critical sectors; estimated at $265 billion
- National Policy on Electronics: Targets $400 billion by 2025-26; aims to make India a global hub for electronics manufacturing
- Skill India and PMKVY: Initiatives to enhance workforce skills required for manufacturing sector
Issues and Challenges
- Infrastructure Deficiencies: High logistics costs (~13-14% of GDP), capital crunch, and project delays
- Labor Laws and Skills Gap: Rigid labor laws discourage formalization; skills mismatch; only 2% of workforce possesses relevant skills in required area
- Low Technological Adoption: Limited adoption of advanced technologies hinders productivity; India's rank in the Global Innovation Index is low (51st in 2021)
- Complex Land and Regulatory Issues: Land acquisition hurdles and numerous regulatory requirements
- High Cost of Capital: Particularly for MSMEs; dependence on informal sources affecting technology adoption
- Global Supply Chain Disruptions; impacted by COVID-19 pandemic
- Environmental and Sustainability challenges, obsolete technology
Way Forward
- Infrastructure development (transport, power, digital infrastructure)
- Labor and skill development reforms (reforming labor laws; focus on technical & vocational education to address skills gap)
Reaping "Silver Dividend"
- Elderly population in India is experiencing exponential growth.
- 10% now to 19.5% by 2050 (UNFPA) is projected growth
- Major issue with India & China
- Rising Healthcare needs - estimated at $7 billion in current scenario
Silver Economy
- Economic activity generated by the aging population, including goods/services targeting these consumers
- Projected value of $42.2 billion by 2028 (projected)
- Projected worth of $25.7 billion in 2021
- Senior citizens are projected to constitute 20% of total population by 2050. Projected growth of 10% currently.
National Urban Digital Mission
- Launched by the Ministry of Housing and Urban Affairs (MoHUA) and the Ministry of Electronics and Information Technology (MeitY) in 2021
- Aim: To digitize urban governance and improve service delivery.
- It seeks to create a shared digital infrastructure to support cities and towns (across India).
PM to Launch Sanitation Projects
- Prime Minister Narendra Modi will participate in Swachh Bharat Diwas on October 2nd
- Will launch/ lay foundation stones for several projects related to sanitation and cleanliness worth more than 9,600 crore
- AMRUT and AMRUT 2.0 (launched in 2015 and 2021 respectively): Aim to transform urban infrastructure - focusing particularly on water supply and sewerage
NDRF and SDRF
- National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) are specialized forces providing disaster response and management actions.
- NDRF teams are strategically positioned throughout India to respond promptly to disasters.
- SDRF units are established by State Govts. handling localized disasters.
- Both NDRF and SDRF are vital in disaster management framework
Dadasaheb Phalke Award
- India's highest award for lifetime contributions in the field of cinema
- Named after Dadasaheb Phalke, pioneer of Indian cinema
- Awarded annually, along with a Swarna Kamal (Golden Lotus) trophy, a shawl, and a cash prize
- Awarded to individuals for lifetime contributions to Indian cinema (actors, producers, screenwriters etc)
Suicide Pod
- Swiss police opened a criminal case & arrested people related to a suspected death in a "suicide capsule" (Sarco pod).
- A 3D-printed, air-tight capsule that uses liquid nitrogen to cause death
- Requires applicants to pass a mental fitness test before access
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