The share of agriculture in gross domestic product (GDP) has reached almost 20 percent for the first time in the last 17 years, making it the sole bright spot in GDP performance during 2020-21, according to the Economic Survey 2020-2021. The resilience of the farming community in the face of adversities made agriculture the only sector to have clocked a positive growth of 3.4 percent at constant prices in 2020-21, when…
AKR Express
As per 3rd handloom census, there are 43.31lakh handloom weavers and allied workers in the country. The Government has promulgated the Handlooms (Reservation of Articles for Production) Act, 1985 to protect the interest of handlooms weavers in the country. Central Assistance is provided under the Scheme to the eligible State Governments for effective implementation of the Act. Under the schemes, financial assistance is provided for raw materials, purchase of looms and accessories,…
India is the largest provider of generic drugs globally. Indian pharmaceutical sector supplies over 50% of global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicine in the UK. India enjoys an important position in the global pharmaceuticals sector. The country also has a large pool of scientists and engineers with a potential to steer the industry ahead to greater heights. Presently, over 80%…