Daily Current Affairs For UPSC IAS Prelims, 01 March 2023 Current Affairs For Civil Services

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Daily Current Affairs For UPSC IAS Prelims 01 March 2023: We bring to you ”Daily Current Affairs For UPSC IAS Prelims” based on the principle of updating UPSC CSE aspirants with Most Important Daily Current Affairs For Civil Services. These Daily Current Affairs are prepared by our team in Bit Form/Abridged Form to save the precious time of UPSC Aspirants without compromising the quality. In Today’s Daily Current Affairs For UPSC IAS Prelims, 01 March 2023, we are covering below mentioned topics.

Combined Index of Eight Core Industries (ICI) increases by 7.8 %

Index of Core Industries (ICI) in News

The combined Index of Eight Core Industries (ICI) increased by 7.8 per cent (provisional) in January 2023 as compared to the Index of January 2022. The production of Fertilizers, Coal, Electricity, Steel, Natural Gas, Cement and Refinery Products increased in January 2023 over the corresponding month of last year.

What is Index of Core Industries (ICI)?

Index of Core Industries (ICI) measures combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 % of the weight of items included in the Index of Industrial Production (IIP).

Index of Core Industries (ICI) 2023 Summary

The summary of the Index of Eight Core Industries is given below:

Coal – Coal production (weight: 10.33 %) increased by 13.4 % in January, 2023 over January, 2022. Its cumulative index increased by 16.1 % during April to January 2022-23 over corresponding period of the previous year.

Crude Oil – Crude Oil production (weight: 8.98 %) declined by 1.1% in January, 2023 over January, 2022. Its cumulative index declined by 1.3% during April to January, 2022-23 over the corresponding period of previous year.

Natural Gas – Natural Gas production (weight: 6.88%) increased by 5.3% in January, 2023 over January, 2022. Its cumulative index increased by 1.4% during April to January, 2022-23 over the corresponding period of previous year.

Petroleum Refinery Products – Petroleum Refinery production (weight: 28.04%) increased by 4.5% in January, 2023 over January, 2022. Its cumulative index increased by 5.4% during April to January, 2022-23 over the corresponding period of previous year.

Fertilizers – Fertilizers production (weight: 2.63%) increased by 17.9% in January, 2023 over January, 2022. Its cumulative index increased by 10.5% during April to January, 2022-23 over the corresponding period of previous year.

Steel – Steel production (weight: 17.92%) increased by 6.2% in January, 2023 over January, 2022. Its cumulative index increased by 7.1% during April to January, 2022-23 over the corresponding period of previous year.

Cement – Cement production (weight: 5.37%) increased by 4.6% in January, 2023 over January, 2022. Its cumulative index increased by 10.0% during April to January, 2022-23 over the corresponding period of previous year.

Electricity – Electricity generation (weight: 19.85%) increased by 12.0% in January, 2023 over January, 2022. Its cumulative index increased by 10.1% during April to January, 2022-23 over the corresponding period of previous year.

B20 India Summit 2023

B20 India in News

Aizawl will host the second of four B20 India events scheduled in the Northeast from 1-3 March 2023. Business 20 (B20) is the official G20 dialogue forum for the global business community. During the B20 Summit, the B20 sends its final recommendations to the G20 Presidency.

B20 India 2023

The B20 event at Aizawl will highlight the opportunities for multilateral business partnerships that the state can offer to delegates in urban planning, infrastructure, bamboo, startups, skill development, nursing, and paramedics.

This three day event is expected to see around 500 participants ranging from Ministers, senior Government officials, diplomats and representatives from business community.
The State Government has made extensive preparations for the three-day event.
The event will begin with a cultural evening and a welcome dinner at Raj Bhavan on the day of arrival of delegates.
On the second day will see B20 conference at Mizoram State University followed by cultural programme.
Chapchar Kut, which is a spring festival of Mizoram, will be showcased to the delegates at AR Ground on day three, to conclude the B20 conference in Aizawl.
The four B20 events slated for the Northeast are intended to highlight the untapped potential and opportunities of the Northeast States.

GSMA Government Leadership Award 2023

Government Leadership Award 2023 in News

Recently, the Prime Minister, Shri Narendra Modi’s visionary leadership gets global recognition. GSM Association (GSMA) has conferred Government Leadership Award 2023 to India for implementing best practices in telecom policy and regulation.

GSMA Government Leadership Award 2023 for India

GSMA Awards represent global recognition of the telecom reforms carried out by India. In India, RoW permissions which used to take more than 230 days, now get approval within 8 days.

More than 85% mobile tower clearances are now instantaneous.
With nearly 1 Lakh sites in 387 districts, India’s 5G roll-out is one of the fastest in the world.
Indian telecom sector has emerged as a sunrise sector and the whole world has taken note of this rise.
In India, several initiatives were carried out such as licensing reforms, creation of PM Gati Shakti Sanchar Portal, streamlining Right of Way (RoW), spectrum reforms, satellite reforms etc.

What is GSMA Government Leadership Award?

GSMA represents more than 750 mobile operators and 400 companies in the telecom ecosystem, recognizes one country every year. India was declared winner in the ceremony held at Mobile World Congress Barcelona on 27 Feb, 2023.

Daily Current Affairs FAQs

1. What is GSM Association (GSMA)?

Ans. GSMA represents more than 750 mobile operators and 400 companies in the telecom ecosystem, recognizes one country every year.

2. Which Country won the GSMA Government Leadership Award 2023?

Ans. GSM Association (GSMA) has conferred Government Leadership Award 2023 to India for implementing best practices in telecom policy and regulation.