Who launched the 'Bharat Organics' brand of National Cooperative Organics Limited?

Daily Current Affairs

RK Sinha

Rajnath Singh

Anurag Thakur

Amit Shah

Correct Answer : Amit Shah

Cooperation Minister Amit Shah on Wednesday (8th Nov 2023) launched the 'Bharat Organics' brand of the newly created National Cooperative Organics Ltd (NCOL) and asserted that it will emerge as the most "trusted" brand in India and abroad.

Shah also launched the NCOL's logo, website and brochure. He gave away NCOL membership certificates to five cooperative societies.

Addressing the national symposium on promotion of organic products through cooperatives here, Shah said, "NCOL is a platform for organic growers. Today(8th Nov 2023), we are launching six products under the 'Bharat Organics' brand and 20 products by December."

The six organic products -- tur dal, chana dal, sugar, rajma, basmati rice, and Sonamasoori rice -- will be sold through Mother Dairy's Safal outlets and online platforms, he said and added a network of retail outlets is being created across the country.

Initially, NCOL will sell the organic products in India and later will market in other countries, he added.

Shah further said, about 50 per cent of profits from sale of organic products through NCOL will be transferred directly to member farmers.

The Minister of State for Cooperation B L Verma, Cooperation Secretary Gnanesh Kumar, Consumer Affairs Secretary Rohit Kumar Singh, Commerce Secretary Sunil Barthwal, NDDB chairman and NCOL chief Minesh C Shah, and FSSAI CEO G Kamala Vardhana Roa were present at the event.

Gujarat-headquartered NCOL, with National Dairy Development Board being the chief promoter, has been established under the Multi State Cooperative Societies Act, 2002.

The Minister said NCOL aims to cover the entire supply chain of organic products through cooperative networks by undertaking various activities like aggregation, certification, production, testing, procurement, storage, processing, branding, packaging, labeling, marketing, etc for the ultimate benefit of farmer members.

Organic agriculture is practiced in 190 countries on 749 lakh hectares of land and India ranks 4th globally in organic agricultural land and first in number of producers as per 2020 data.

India has 27 lakh hectares of land under certified organic certification, including cultivable and wild harvest areas. The country produced 29 lakh tonnes of certified organic products in 2022-23, as per the official data..

Source : Business Standard

Published On : November 8, 2023

Solar’s Ascendance in India :

In 2015, India ranked ninth in solar energy deployment, but by 2023, it produced 5.8% of its electricity from solar, up from 0.5% in 2015. This significant increase underscores India’s commitment to clean energy and its pivotal role in mitigating climate change.

Global Solar Growth Trends :

Ember’s report highlights that solar energy witnessed a remarkable increase globally, with 2023’s solar generation exceeding six times that of 2015. The top four solar growth countries, including India, accounted for 75% of this growth, emphasizing the widespread adoption of solar power worldwide.

Published On : May 9, 2024

Q .

India's Toy Exports Slip to _____ Million in 2023-24

$102.92

$121.19

$139.53

$152.34

Correct Answer : Option (D) - $152.34

India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement.

Declining Export Trends :

Export figures dropped marginally from USD 153.89 million in the previous fiscal year to USD 152.34 million in 2023-24, as outlined by the Global Trade Research Initiative (GTRI). Despite a modest increase in exports from FY’2020 to FY’2022, the subsequent year witnessed a downturn.

Import Trends :

Conversely, imports rose to USD 64.92 million in 2023-24 from USD 62.37 million in the preceding year, indicating a persistent challenge in balancing trade dynamics.

GTRI’s Recommendations :

Comprehensive Industry Development Strategy : GTRI Founder Ajay Srivastava emphasized the necessity for a holistic approach to foster the growth of India’s toy industry and bolster exports.

Domestic Ecosystem Strengthening : Developing a robust domestic ecosystem is paramount, alongside measures to encourage renowned global toy brands to establish manufacturing facilities within India’s borders.

Published On : May 9, 2024

Q .

India Leads Global Remittances, Surpassing _____ Billion Mark.

$50

$100

$200

$250

Correct Answer : Option (B) - $100

India emerged as the global leader in remittances in 2022, receiving over $111 billion, surpassing the $100 billion mark for the first time. The International Organisation for Migration (IOM) highlighted India, alongside Mexico, China, the Philippines, and France, as the top five remittance recipient countries.

Consistent Growth: From $53.48 Billion to $111.22 Billion

The UN’s World Migration Report 2024 underscored India’s consistent growth in remittances, noting a rise from $53.48 billion in 2010 to $111.22 billion in 2022. This significant increase showcases India’s pivotal role in the global remittance landscape.

Southern Asia’s Significance in Global Remittances :

The IOM emphasized Southern Asia’s importance as a major recipient of global remittances, attributed to its high proportion of migrant workers and emigrants. India, Pakistan, and Bangladesh all ranked among the top ten recipients worldwide, highlighting the sub-region’s reliance on labor migration.

Prominent Migration Corridors and Destination Countries :

While India ranks 13th as a destination country for immigrants, it features prominently in various international migration corridors, including India-United Arab Emirates, India-Saudi Arabia, and Bangladesh-India, all of which are among the top 10. This indicates India’s significant role in global labor migration patterns.

Published On : May 9, 2024