09-03-22 Daily-Himachal Pradesh-HPPSC Current Affairs

Himachal Pradesh Affairs

Agri sector share in HP GSDP down to 9.6% in FY21 from 57.9% in FY51

Over the years, the economy ofHimachal Pradeshhas shown a shift from <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture sector to industries and Services as the Percentage contribution of agriculture in totalGross State Domestic Producthas declined from 57.9 per cent in 1950-51 to 55.5 per cent in 1967-68, and then from 26.5 per cent in 1990-91 to 9.64 per cent in 2020-21. During Covid pandemic, the agriculture and allied sectors were least impacted and this sector is expected to grow by 3.9 per cent in 2021-22 after growing 3.6 per cent in the previous year.

According to the latest Economic Survey report tabled in stateAssemblyrecently, the services sector was hardest hit by the pandemic, especially segments that involve human contact and this sector is estimated to grow by 8.2 per cent this financial year following last years 8.4 per cent contraction. During 2020-21, the state economy contracted by 5.2 per cent due to Covid-19 pandemic but as per current estimates, is expected to grow by 8.3 per cent during 2021-22.
The of the industries and services sectors which were 1.1 and 5.9 per cent respectively in 1950-51 increased to 5.6 and 12.4 per cent in 1967-68, 9.4 and 19.8 per cent in 1990-91 and to 28.9 and 44.7 per cent in 2020-21. However, the contribution of remaining sectors declined from 35.1 per cent in 1950-51 to 26.4 per cent in 2020-21.

The declining share of agriculture sector does not affect the importance of this sector in the state economy as the Growth in Primary Sector of the state economy is still determined by the trend in agriculture and Horticulture production. It is one of the major contributors to the total domestic product and has overall impact on other sectors via input linkages, EMPLOYMENT, trade and transportation. Report says that due to lack of Irrigation facilities, agricultural production to a large extent still depends on timely rainfall and weather conditions. High priority has been accorded to this sector by the Government.

The state has made significant progress in the development of horticulture. The topographical variations and altitudinal differences coupled with fertile, deep and well drained soils favour the cultivation of temperate to sub-tropical fruits. The region is also suitable for cultivation of ancillary horticultural produce like flowers, mushroom, honey and hops.

National and International Affairs

Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission

Ministry of Tourism had constituted an inter-ministerial task force for National Digital Tourism Mission on 23rd July, 2021 to undertake consultations with the tourism and domain experts, define the context, mission, vision, objectives, and overall scope of the National Digital Tourism Mission.

The Task Force has prepared a draft report on proposed National Digital Tourism Mission, which inter-alia lays down domain and technology principles, standards, digital stack, Governance structure and plan for implementation of the envisaged National Digital Tourism Mission.

The Ministry of Tourism has invited final comments from the stakeholders on draft report for setting up of National Digital Tourism Mission. The draft report has also been published on website for suggestions and feedback from public.

The draft report takes note of the fact that tourism sector is highly fragmented. Subsectors of tourism such as transport, accommodation, restaurants and catering, and personal Services are all subject to very different challenges and opportunities.

The vision of National Digital Tourism Mission is to bridge the existing information gap amongst different stakeholders of tourism ecosystem through a digital highway.

First refineries to produce ethanol from bamboo to come up in Maharashtra

Indias first refineries for ethanol production from bamboo, with daily capacity of 30,000 litre, will be built in Gadchiroli and Nandurbar districts.

An agreement of the project was signed on Friday in Hyderabad betweenNagarjuna GroupandLodga Bamboo Industries ofLatur district.

Those privy to the development said that the Union Government has committed to blend 20% ethanol with petrol by 2025, eventually creating a huge opportunity for using bamboo-based ethanol. India imports about Rs 8.5 lakh crore worth of diesel and petrol.

As many as 60,000 tonne bamboo grown over 1,500 acres would be needed annually to meet the raw material requirements of the ethanol plant.

Indias Largest Reclining Statue of Lord Buddha

The largest reclining statue of Lord Buddha in India is being built in . Indias Buddhist pilgrimage circuit is being proactively revived and Bodh Gaya is an integral part of it. Hence, the site of Gautam Buddhas enlightenment will soon be Home to his largest reclining statue.

Lord Buddhas idol is in the Mahaparinirvana Mudra is very important in Buddhism as he preached to his followers in this pose before attaining Mahaparinirvana. Kushinagar in Uttar Pradesh also has an idol of Lord Buddha in this posture as this where he attained Mahaparinirvana.

This statue is being made with fiberglass and is being built by sculptors who are from Kolkata.

From February 2023, the giant statue of Lord Buddha will be opened for the devotees.

Iran successfully test fire second military satellite Noor-2

The mission, which was only announced after spacecraft deployment, is the first Iranian launch to reach orbit in almost two years.

Inflation may stay below 6% even if oil averages $100: Crisil

Indias retail may Average below 6% even if crude oil prices average $100 a barrel in 2022-23, but rising prices remain an elevated risk to Growth especially as private consumption remains subdued, rating firm Crisil said on Thursday.

Assuming a full pass-through of global crude prices to retail fuel prices in India, Crisil expects average consumer inflation to be 5.4% if oil prices average $85-90 a barrel, and rise to 5.8% if the mean crude price is at $100 a barrel through the next fiscal year.

Headline inflation, however, is expected to be lower than the last time oil prices shot past $100 a barrel during 2012-14, a period when food and Core Inflation were also high, Crisil observed, adding that such a scenario was unlikely to repeat in 2022-23.

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