RIPAs innovative ideas transforming rural areas
Rural Industrial Parks (RIPAs) have significantly boosted rural entrepreneurship in Chhattisgarh and are transforming the rural areas with innovative ideas.
Currently, the state government is in the process of establishing 300 RIPA units which aim to empower women economically.
RIPAs are being established to bring together women self-help groups and young individuals who aspire to start their own businesses but lack sufficient space and resources.
In the first phase, two RIPAs each are being established in seven development blocks of Raigarh district.
Various income-generating activities including vermicompost production, community gardening, fish farming, poultry farming and goat farming are being conducted.
Additionally, RIPAs also include fabrication units, sewing units, aluminum fabrication, mushroom production and facilities for oil processing, flour milling, mini rice mills and cow dung paint manufacturing units.
Loans are being made available through various schemes. Many of these activities are actively undertaken by local youths.
World Bank Approves $82 Million Loan for Controlling Zoonotic Diseases in India
The World Bank’s Board of Executive Directors has approved an $82 million loan to support India’s efforts in adopting global best practices for animal health management. The loan aims to prevent, detect, and respond to endemic zoonotic, transboundary, and emerging infectious diseases, recognizing the interconnectedness of people, animals, and the environment.
With India being home to the largest livestock population in the world, the risks associated with animal disease outbreaks are particularly high. These outbreaks not only pose risks to public health systems but also have significant economic costs. For instance, foot and mouth disease alone costs the country over $3.3 billion annually.
42nd ASEAN Summit begins in Indonesia with focus on becoming global growth center
The 42nd Summit of the Association of Southeast Asian Nations (ASEAN) has kicked off in Indonesia with a theme of “ASEAN Affairs: Epicenter of Growth.” The summit aims to demonstrate the bloc’s hopes and efforts to become the center and driving force behind global development.
President Joko Widodo, who holds the presidency of the bloc, emphasized the enormous potential of the ASEAN region, which has a total population of around 650 million inhabitants and consistently outperforms the world average in terms of economic growth. He called on member countries to unite in terms of production power to make Southeast Asia the center of global growth.
Enhancing ASEAN’s attractiveness to foreign investment will likely also be discussed. The bloc is keen to attract firms currently looking to divest their manufacturing base away from China. ASEAN offers cheaper labor costs, but red tape and underdeveloped high-tech industries remain an obstacle.
India challenges WTO panel ruling on ICT import duties at appellate body
India has appealed against a ruling of the World Trade Organisation’s (WTO) trade dispute settlement panel which stated that the country’s import duties on certain information and technology products are inconsistent with the global trade norms.
It said India has sought a review by the Appellate Body of the “errors of law” and legal interpretation by the panel in its report.
The dispute panel of WTO on April 17 said in its report that import duties imposed by India on certain information and technology products violate global trading norms.
The appeal was filed by India in the WTO’s appellate body, which is the final authority on such trade disputes.
The EU on April 2, 2019 had challenged the introduction of import duties by India on a wide range of ICT products, for instance, mobile phones and components, base stations, integrated circuits and optical instruments.
India’s wheat output set to touch a new record of 112.74 mn ton in 2022-23: Govt data
The country’s wheat production is estimated to set a new record of 112.74 million tonne in the 2022-23 crop year (July-June), while the overall foodgrain output is also likely to be a record 330.53 million tonne, the Agriculture Ministry said.
As per the third advance estimate of foodgrains released by the Agriculture Ministry, the country’s overall wheat production has surpassed the government’s target of 112 million tonne set for the current year, notwithstanding unseasonal rains during the harvesting period.
Wheat production declined to 107.74 million tonnes due to heat waves in key growing states in the 2021-22 crop year.
The previous record of 109.59 million tonne in wheat output was achieved during the 2020-21 crop year.
The total foodgrain production is also estimated to touch a record 330.53 million tonne in the 2022-23 crop year against the actual output of 315.61 million tonnes in the previous crop year, as per the third estimate.
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