MoSPI projected GDP deflator forecast for FY23 at 3-3.5%

16 February 2022
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MoSPI projected GDP deflator forecast for FY23 at 3-3.5%

Ministry of statistics and programme implementation (MoSPI) has projected India’s gross domestic product (GDP) deflator for FY23 at 3 to 3.5%. The Government’s own projection on real GDP growth for FY23 is at 7.6-8.1% and the union budget projected nominal GDP growth rate to be 11.1% for FY23. GDP Projection in the Budget is based on advance estimates of the ‘National Statistical Office’ (NSO).

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Economic Survey 2021-22 projected a real GDP growth rate of 8-8.5 per cent in FY23. RBI projected India’s real GDP growth of 7.8 per cent in FY23 and retail inflation of 4.5 per cent for FY23. The GDP deflator, or implicit price deflator, is a measure of inflation and is the difference between nominal GDP and real GDP.

International Childhood Cancer Day 2022

16 February 2022
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International Childhood Cancer Day 2022

Every year, February 15 is observed as International Childhood Cancer Day (ICCD) to raise awareness about the evil that entails this issue and the ways to deal with the same. The day is a global collaborative campaign to raise awareness about childhood cancer and to express support for children and adolescents with cancer, the survivors and their families.

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The most common types of childhood cancers include leukemias, brain cancer, lymphomas, solid tumours, such as neuroblastoma, Wilms tumour and bone tumours. The day promotes increased appreciation and deeper understanding of issues and challenges relevant to childhood cancer and impacting on children/adolescents with cancer, the survivors, their families and the society as a whole. It also spotlights the need for more equitable and better access to treatment and care for all children with cancer, everywhere.

History of the day:

This annual event was created in 2002 by Childhood Cancer International, a global network of 176 parent organizations, childhood cancer survivor associations, childhood cancer support groups, and cancer societies, in over 93 countries, across 5 continents.

Dabur becomes first Indian plastic waste neutral' FMCG company

16 February 2022
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Dabur becomes first Indian plastic waste neutral' FMCG company

Dabur India has become the first Indian consumer goods company to become completely plastic waste neutral. It has done this by collecting, processing and recycling around 27,000 metric tonnes of post-consumer plastic waste during FY21-22. Dabur has achieved the landmark of surpassing its plastic packaging usage with recycling. Dabur's Plastic Waste Management initiative was launched in 2017-18 as part of the Plastic Waste Management (PWM) Rule.

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Dabur has also announced the beginning of a new 'Save the Environment' campaign in Himachal Pradesh to raise community awareness about how to manage home plastic waste. They have also been working with school children in towns and villages as part of this commitment, educating them about different forms of garbage and the benefits of sorting them at the source. They have been assisting government schools by providing waste bins, sanitary facilities, and IEC (Information, Education, and Communication) materials.

Important takeaways for all competitive exams:

• Dabur India CEO: Mohit Malhotra;
• Dabur India Headquarters: Ghaziabad;
• Dabur India Founder: S.K. Burman;
• Dabur India Founded: 1884.