Daily Current Affairs / India to become third largest importer by 2050
Category : National Published on: September 23 2021
· According to a report released by the UK's Department of International Trade, India could become the world's third largest importer by 2050.
· With a 5.9 percent share of global imports by 2050, the country will become the third largest importer after China and the United States.
· Currently, India ranks eighth in the list of largest importing countries with a share of 2.8 per cent.
· According to the Global Trade Outlook report, the country's position in the list will reach the fourth position by 2030 with a share of 3.9 percent.
Important facts
About United Kingdom
v The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe. The origins of the United Kingdom can be traced back to the time of the Anglo-Saxon king Athelston.
v Prime Minister: Boris Johnson
v Capital: London
v Currency: Pound Sterling
Cabinet approves restructuring of PM SVANidhi Scheme with extension till March 2030 to benefit 1.15 crore street vendors.
Read More....Centre forms PM-led committees for Patel’s and Birsa Munda’s 150th birth anniversaries and Vajpayee’s centenary celebrations.
Read More....India and Bhutan sign MoU to enhance cooperation in agriculture, livestock, and allied sectors.
Read More....Raksha Rajya Mantri Sanjay Seth inaugurates MILMEDICON-2025, global military medicine conference, in New Delhi.
Read More....Astronomers capture first-ever direct image of baby planet WISPIT 2b orbiting star WISPIT 2 in constellation Aquila.
Read More....SEBI approves Groww IPO, paving way for $1 billion fintech listing in India.
Read More....Indian-origin banker Piyush Gupta appointed Alternate Member of Singapore’s Council of Presidential Advisers for four years.
Read More....Gangwal family trust sells ₹2,933 crore stake in IndiGo, taking 2025 divestment total beyond ₹39,500 crore.
Read More....Murugappa Group’s CG Semi launches ₹7,600 crore semiconductor pilot line in Gujarat under India Semiconductor Mission.
Read More....Former RBI Governor Urjit Patel appointed IMF Executive Director for a three-year term.
Read More....