Measures price changes at the wholesale level. Base year is 2011 – 12 ( proposed base year is 2022 – 23). Primarily includes manufactured products, fuel, and primary articles. (service sector not included). The measurement of the WPI is based … Continue reading →

Current Account Deficit or CAD is the shortfall between the money flowing in on exports, and the money flowing out on imports It is part of the Balance of Payments (BoP). Components of CAD Trade Balance: The difference between exports … Continue reading →

Coal gasification is a process that transforms Coal into a Synthetic gas (Syngas), consisting of a mixture of gases such as Carbon monoxide (CO), Hydrogen (H2), Carbon dioxide (CO2), Methane (CH4), and Water vapor (H2O). Syngas can be used to … Continue reading →

Minimum Support Price (MSP) is a mechanism through which the government supports farmers by purchasing their crops at a pre-determined price. This assured price encourages farmers to invest in quality seeds and technology without fear of distress sales. What do you … Continue reading →

It is  a national mission aimed at linking agriculture, nutrition, and public health by converting agricultural innovations into better health outcomes for people in India. Launched by the Union Ministry of Health It is a  joint initiative of the Indian … Continue reading →