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PIB Summaries 30 July 2022


  1. Deep Sea Mining
  2. Index of Eight Core Industries

Deep Sea Mining

Focus: GS III- Environment and Ecology

Why in News?

Recently, the Minister of State of Science & Technology presented a national science award to Indian scientists who conducted the world’s first locomotive trials of a deep-sea mining system in the central Indian ocean.

About Deep Sea Mining

  • The deep sea is the region of the ocean below a depth of 200 metres, and the practise of mining for minerals there is referred to as deep-sea mining.
  • The international seabed is defined as the area that lies outside of national jurisdiction and accounts for about 50% of the total area of the world’s oceans, according to the International Seabed Authority, a body established under the United Nations Convention on the Law of the Sea (UNCLOS) for monitoring all activities related to mineral resources in the deep sea.

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Index of Eight Core Industries

Focus: GS III- Indian Economy

Why in News?

The combined Index of Eight Core Industries increased by 12.7 per cent (provisional) as compared to the Index of June 2021. The production of Coal, Cement, Electricity, Refinery Products, Fertilizers, Steel, and Natural Gas industries increased in June 2022 over the corresponding period of last year.

About Index of Eight Core Industries:

  • The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).

Released by: The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade

Base year: 2011-12

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June 2024