Gujarat Affairs
Gujarat’s investor base expands 2.8x in 10 years
According to data by theNational Stock Exchange(NSE), the total number of investors from Gujarat stood at 69 lakh in the fiscal year 2023, up 2.8x since fiscal year 2013. The number of investors increased sharply since the Covid pandemic, as 60% of these investors were registered after April 2020. Experts attribute the rising number of investors to greater awareness, lower bank interest rates and improved financial Literacy, besides better gains.
The Investment into equities from Gujarat has increased sharply over the past decade. Ten years ago, Gujarat accounted for 7% (Rs 1,568 crore) in the daily Average turnover of Indian investors. This has grown to 13% at Rs 13,961 crore during the fiscal year 2023,” said a top official of NSE on condition of anonymity. He added, “Gujarat based investors’ investment Growth rate has now surpassed the national average.”
Technology is one of the biggest factors that lured young professionals into opening demat accounts and beginning their investment journey, according to Industry players. A slew of websites and apps which simplify trading coupled with better gains on investments have lured many youngsters.
National and International Affairs
India lifted the Intercontinental Cup
India beat Lebanon 2-0 in the Intercontinental Cup final at the Kalinga Stadium, Bhubaneswar to win the title.
The Intercontinental Cup is a four-nation football tournament organized by the All India Football Federation (AIFF) in India, from 2018 to present. The tournament is held in the month of June, and is used as a preparation tournament for the India national team for the upcoming AFC Asian Cup qualification matches.
The Personnel Ministryannounced that the central government has launched a new collection of courses calledDakshta(Development of Attitude, Knowledge, Skill for Holistic Transformation in Administration) on theiGOT Karmayogi Platform.
The Department of Personnel and Training (DoPT) has established Karmayogi Bharat, a government-owned not-for-profit special purpose vehicle, to steer the missions fundamental goals.
Mission Karmayogi (National programme for civil Services capacity building), in line with Prime Minister Narendra Modis vision of building a Viksit Bharat, plays an important role in nurturing a smart, citizen-friendly, and future-ready public workforce.
This platform is a comprehensive guide for government officials seeking to develop their capacity-building skills.
The Dakshta collection contains 18 courses designed to equip learners with the necessary knowledge and skills required to perform their duties effectively.
Indi 2nd Indian lime variety to earn GI tag
Indi lime, belonging to the Kagzi variety, has earned a geographical indication (GI) tag for eight years from the Union Government. This is the second lime after theAssamlime to be accorded this recognition.
TheKarnatakaState Lime Development Board (KSLDB), University of Horticultural Sciences Bagalkot (UHSB) and the Department Vijayapura had worked relentlessly for the last five years to get this tag, with which growers can now expect exports of lime to about 25 countries.
Vijayapura district accounts for 58% of all lime produced in Karnataka, which ranks fourth among the states in lime cultivation.
Estonias parliament passed a law legalising same-sex marriage, making it the first central European nation to do so. While much of western Europe has already legalised same-sex marriage, it remains prohibited in many former communist central European countries that were once part of the Soviet-led Warsaw Pact.
The bill was passed with 55 votes in the 101-seat parliament, with support from the coalition of liberal and social democratic parties led by Prime Minister Kallas, who won the 2023 election.
The new law will become effective in 2024. A recent poll by the Centre for Human Rights found that 53% of Estonians support same-sex marriage, compared to 34% a decade ago.
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