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12th DECEMBER 2019

BOUGAINVILLE VOTES TO BECOME WORLD’S NEWEST COUNTRY

An autonomous region of Papua New Guinea has voted overwhelmingly to leave country and form a new independent nation
More than 181,000 people voted in the independence referendum in Bougainville; nearly 98% had voted for independence
Bougainville Island is the main island of the Autonomous Region of Bougainville of Papua New Guinea
This region is also known as Bougainville Province or the North Solomons.
Bougainville is the largest island in the Solomon Islands archipelago

UNCTAD’S 2019 HANDBOOK OF STATISTICS

Global trade and economic output have stagnated this year after a continued surge till last year
The report predicts that merchandise trade will drop by 2.4 per cent to $19 trillion for 2019-2020.
Trade in services is also predicted to slow; Last year, the world goods trade had increased by 2.3 per cent in volume.
world seaborne trade volumes experienced just a nominal surge by only 2.7 per cent
Over the last few years, the trade surplus of developing countries has also decreased

TECHNICAL TEXTILES INDUSTRY IN INDIA

Technical Textiles are material and products manufactured primarily for their technical properties and functional requirements
applications such as; agro-textiles, medical textiles, geo-textiles, protection-textiles, industrial-textiles, sports-textiles etc
In India, technical textiles hold immense growth opportunities both for the industry as well as across various applications.
Bureau of Indian Standards (BIS) has developed standards for 348 technical textiles products.
Min. of Textiles has included 6 additional courses for tech-textiles in its Skill Development Programme called Samarth

NIRBHAYA FUND

Nirbhaya Fund is an Indian rupee 10 billion corpus announced by Government of India in its 2013 Union Budget.
to support initiatives by the government and NGOs working towards protecting the dignity and ensuring safety of women in India
Ministry of Women and Child Development, along with several other concerned ministries

CENTRAL SILK BOARD (CSB)

Central Silk Board (CSB) is a Statutory body established in 1948 by an Act of Parliament.
It is working under the administrative control of Ministry of Textiles, Government of India
Make continuous efforts in Research and Development and Technology Transfer
To create greater opportunities for gainful employment & improved levels of income in sericulture by spread of scientific sericulture practices
make India emerge as the leader in the world market for silk.

December 18, 2019