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Daily Prelims 20th January 2024

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    Daily Prelims 20th January 2024

    1) Future of Growth Report 2024:

    • Published by the World Economic Forum.
    • Assesses the quality of economic growth across 107 countries in four dimensions: Innovativeness, Inclusiveness, Sustainability, Resilience.
    • Findings:
      • High-income economies score high on innovation and inclusion, while lower-income economies on sustainability.
        • India, along with Kenya scored high on sustainability.
      • Report highlighted a significant economic slowdown, estimated to fall to the lowest rate in three decades by 2030.
      • Most countries’ economic growth is neither sustainable nor inclusive.
    • Report called for a new approach to economic growth that balances efficiency with long-term sustainability and equity.

     

    2) Tea Board India: Tea Board has mandated all tea producers to limit generation of tea waste not exceeding 0.2% of production for quality produce.

    • Presently, tea waste is being used for producing instant tea, bio-fertiliser and caffeine.
    • Board is in process of allowing tea waste being used only for production of instant tea.
    • About Tea Board India
      • Nature: Statutory body set up under Tea Act 1953.
      • Ministry: Ministry of Commerce and Industry.
      • Head Office: Kolkata
      • Functions: Financial and technical assistance for cultivation, manufacture and marketing of tea, export promotion etc.

     

    3) Panama Canal: Panama Canal has been hit by a severe drought forcing authorities to slash ship crossings by 36%.

    • Panama Canal is one of the two most strategic artificial waterways in the world (other being Suez Canal).
    • It connects the Atlantic (Caribbean Sea) and Pacific Oceans and links North America with South America.
    • It is one of the world’s most important trade routes.
    • Initially, from its opening in 1914, the canal was controlled solely by USA (which built it) but in 1999, control was transferred to Panama.

     

    4) Stripe Rust (Yellow Rust) of wheat: Indian Institute of Wheat and Barley Research, Karnal (Haryana) has appealed to the farmers to remain vigilant against yellow rust.

    • Caused by a fungal pathogen, Puccinia striiformis.
    • It appears in the form of yellow stripes on wheat leaves.
    • Major States affected: Punjab, Himachal Pradesh, Haryana, Jammu & Kashmir, Uttar Pradesh and Uttarakhand.
    • Treatment: Spray Propiconazole Fungicides.

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