Gujarat: Textiles units hurt by US-Europe inflation
Gujarat-based home textiles manufacturers are struggling to get export orders. These manufacturers foresee tough times for almost six months, due to high raw material prices and high inflation in key exports markets such as Europe and the US. Margins have fallen significantly and even after the start of the new cotton season, the situation has not improved. Gujarat-based home textile manufacturers get around 75% of their revenue from exports.
Gujarat is a large manufacturer of home textiles and around 80% of our production is meant for export.
According to industry players, Indian home textile exports were worth about $9 billion in the last financial year and the US accounts for more than 55% of India’s home textile exports, from where demand has been adversely affected.
Urban poverty triples in Sri Lanka amid enduring crisis
As Sri Lankans continue braving their worst economic crisis since Independence, urban poverty on the island has tripled in the last year, from 5% to 15 %, according to a recent World Bank report.
Sri Lanka is experiencing “its highest poverty rate since 2009 [when the civil war ended], and an erosion of the steady gains in welfare made between 2006 and 2019,” the Bank noted in its recent Sri Lanka Development Update titled ‘Protecting the poor and vulnerable in a time of crisis’, released earlier this month.
While 80% of Sri Lanka’s poor still live in rural areas, the poverty rate in urban areas has tripled since 2021, and half the population in estate areas is currently living below the poverty line.
UDISE Plus Report
The Union Education Minister released the Unified District Information System for Education (UDISE) Plus 2021-22 report on school education.
It is a comprehensive study that provides information on enrollment and dropout rates of school students, number of teachers in schools, and information on other infrastructural facilities like toilets, buildings and electricity.
It was launched in 2018-2019 to speed up data entry, reduce errors, improve data quality and ease its verification.
A total of 94.95 lakh students entered pre-primary classes in 2021-2022, registering a drop of 10% as compared to the previous year when 1.06 crore children enrolled in these classes.
However, in 2020-2021, there was already a decline of 21% enrolment in pre-primary classes as compared to 1.35 crore the year before as the pandemic and lockdown measures resulted in school closures and classrooms moving online
Enrolment in primary classes (classes 1 to 5) also saw a drop for the first time—falling from 12.20 lakh in 2020-2021 to 12.18 lakh in 2021-2022.
However, the total number of students from primary to higher secondary increased by 19 lakhs to 25.57 crores.
The GER for the primary section has improved from 101.3% in 2018-2019 to 104.8% in 2021-2022.
For secondary classes, it has risen to 79.6% in 2021-22, from 76.9% in 2018-19 and for higher secondary level, it has increased from 50.14% to 57.6%.
The Index is based on data drawn from several data sources, including the Unified District Information System for Education Plus (UDISE +) 2020-21, National Achievement Survey NAS 2017, and Mid Day Meal Portal.
Army approves five niche tech projects for development by domestic industry
The Army has approved five Project Sanction Orders (PSOs) for development of niche technology by the Indian industry under Make-II route of defence procurement. The projects include High Frequency Man Packed Software Defined Radios (HFSDR), drone kill systems, Infantry Training Weapon Simulator (IWTS), Medium Range Precision Kill Systems (MRPKS) and 155mm Terminally Guided Munitions (TGM).
Make II projects are essentially industry funded projects involving design, development and innovative solutions by Indian vendors for development of prototypes. An assurance of order is given after successful prototype development.
National Mission for Clean Ganga Organizes Ganga Utsav – The River Festival
National Mission for Clean Ganga (NMCG) organized Ganga Utsav – The River Festival 2022 on 4th November at New Delhi in two sessions.
Ganga Utsav 2022 is dedicated to the AzadikaAmritMahotsav that is being observed to commemorate the 75 years of Indian Independence. As Ganga Utsav 2022 is held in the 75th year of independence, it is planned to have 75 separate events in Ganga and its tributary basin cities and towns, by August 2023, 3-day events in 15 major cities like Haridwar, Mathura, Delhi, Kanpur, Varanasi, Patna, Bhagalpur, Kolkata etc., 1-day events in 60 smaller towns/cities, in which local and pan-India culture based events will be promoted.GPSC Notes brings Prelims and Mains programs for GPSC Prelims and GPSC Mains Exam preparation. Various Programs initiated by GPSC Notes are as follows:-
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