IIP turned positive again for December after contracting by 1.9 per cent in November.
• IIP is an index that tracks manufacturing activity in different sectors of an economy.
• Calculated and published by the Central Statistical Organisation (CSO) under MoSPI every month.
• The industry groups that it measures are classified under the following:
o Broad sectors like manufacturing, mining, and electricity.
o Use-based sectors like capital goods, basic goods, intermediate goods, infrastructure goods, consumer durables, and consumer non- durables
• Manufacturing, Mining and Electricity are the three broad constituents of HP, with weightage of 77.63 percent, 14.37 percent and 7.99 per cent respectively.
• The eight core industries of India represent about 40% of the weight of
items that are included in the IIP.
• IIP Base Year is 2011-2012
• Eight core industries (in decreasing order of their weightage) are:
o Petroleum and Refinery Products
o Electricity
o Steel
o Coal
o Crude Oil
o Natural Gas
o Cement
o Fertilizers.
The Central Administrative Tribunal (CAT) has granted relief to some reserved category nursing officers, who were denied their choice of branch posting in AIIMS.
About CAT:
• It is a statutory body established under Administrative Tribunals Act, 1985 deriving powers from Article 323A of constitution. Tribunals under Article 323A can be formed only through the Parliament and not the State Legislatures.
• The mandate of the CAT is to adjudicate matters related to the recruitment and conditions of service of personnel engaged in public service in the country. Central Administrative Tribunal Jurisdiction:
The CAT exercises original jurisdiction over all service matters concerned with:
• Members of the all-India services.
• Persons appointed to any civil service of the Union or civil post under the Union.
• Civilians appointed to any defence services or posts related to defence.
• Employees of PSUs or public sector organizations were notified by the
government. Members of the defence forces, officers, Supreme Court staff, the Parliament’s secretarial staff are not covered under the CAT.
Key Points:
• The Tribunal has been conferred the power to exercise the same jurisdiction and authority regarding contempt of itself as a High Court.
• Appeals against the orders of a tribunal could be made in the High Court (and not the SC directly).
• The CAT Principal Bench deals with matters of the Government of the NCT of Delhi.
• In deciding cases, the Tribunal is guided by the principles of natural justice. It is not bound by the Civil Procedure Code. The central government decides the salaries, emoluments, and conditions of service of the Tribunal’s employees.
Why in News?
Researchers havediscovered three fossils ofthe earliest known livinganimal — the 550 millionyearold ‘Dickinsonia’ — onthe roof of the BhimbetkaRock Shelters.
About Dickinsonia:
About Bhimbetka:
Why in News?
The Centre has withdrawn the draft heritage bylaws issued by the National Monuments Authority (NMA) for Shree Jagannath Temple in Puri, Odisha.
About Jagannath Temple, Puri:
Why in News?
Prime Minister recently handed over the indigenously developed Arjun Main Battle Tank (MK-1A) to the Indian Army.
About Arjun Main Battle Tank MK-1A
Salient Features:
Why in News?
IRDAI has advised all Insurance companies for issuance of Digital Insurance Policies via DigiLocker.
About Digilocker:
Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|---|---|---|---|---|---|
1 | 2 | 3 | ||||
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 | 31 |
Your information will never be shared with any third party