Business/Economy-Important One Liners

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Business/Economy

 

1-India has become a net exporter of electricity during the April-February 2017 period this fiscal for the first time.

2-According to the statement, during the current year 2016-17 (April-February), India has exported around 5,798 million units to Nepal, Bangladesh and Myanmar.

3-Growth of the country’s eight core sectors slipped to an over one-year low of 1% in February 2017.

4-The eight core industries comprise close to 37.9% of the weight of items included in the Index of Industrial Production (IIP).

5-The electricity has the maximum weight (of 10.32%) among the eight sectors followed by Steel (6.68%), Petroleum Refinery (5.94%), Crude Oil production (5.22 %), Coal production (4.38 %), Cement (2.41%), Natural Gas production (1.71 %) and Fertilizer production (1.25%).

6-State-run NTPC has crossed the milestone of 50 GW power generation capacity which will help the country realise the goal of power for all.

7-NTPC is among the top 20 coal based power generating companies globally.

8-NTPC is the third-largest power company in terms of coal based power generation capacity, second in Plant Load Factor, third in machine availability and seventh in terms of electricity generation.

9-NTPC has 19 coal-based, seven gas-based, 10 solar PV, one hydro and nine subsidiaries/joint venture power stations.

10-Japan has committed an official development assistance of 371.345 billion yen (about Rs 21,590 crore) under 2016-2017 for various infrastructure projects, including the dedicated freight corridor, in India.

11-India and Japan have had a long and fruitful history of bilateral development cooperation since 1958.

12-Union minister for agriculture and farmers’ welfare Radha Mohan Singh on April 1, 2017 inaugurated International Centre for Foot and Mouth Disease (ICFMD).

13-ICFMD is built at a cost of INR 200 crore at Arugul on the outskirts of Bhubaneswar.

14-ICFMD is 10th in the world and it is dedicated to the nation on the occasion of Utkal Divas, the formation day of Odisha.

15- India is number one in milk production in the world.

16-The Bharat Heavy Electricals Limited (BHEL) on 30 March 2017 commissioned an 800 MW supercritical thermal power plant in Raichur District of Karnataka.

17-The major equipment for the project has been manufactured by BHEL at its Haridwar, Trichy, Bhopal, Ranipet, Hyderabad, Jhansi, Thirumayam and Bengaluru plants.

18-BHEL has secured orders for 48 supercritical Steam Generators (SG) and 41 supercritical Steam Turbine Generators (STG) – the highest in the country by any power equipment manufacturer. Of these, 12 SG and STG have already achieved capacity addition.

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