Facts for Prelims (FFP)
Report Title | Key Points |
‘Enabling a Circular Economy in India’s Solar Industry: Assessing the Solar Waste Quantum’ | Developed by MNRE and CEEW under NITI Aayog’s Action Plan for CE – Solar Panels |
India’s 66.7 GW capacity (FY23) has generated about 100 kt of waste, increasing to 600 kt by 2030 | |
Solar wastes contain critical minerals like silicon, copper, etc., toxic metals like lead and cadmium, and metals with high economic value | |
Recommendations include database maintenance, recycling promotion, and technology innovation | |
Unicorn 2.0: Adding the Next Trillion Report | Released by the Confederation of Indian Industry (CII), assesses Unicorn 1.0 impact and outlines Unicorn 2.0 vision. |
Unicorn 1.0 (2010-2023) contributed 10-15% to GDP, had 100+ unicorns, and improved inclusivity and sustainability | |
Unicorn 2.0 (2024-35) aims to add $1 trillion to GDP with shifts like leading startups, innovation focus, and governance improvements | |
Global Trade Update | Released by UNCTAD, reports a 14% rise in services exports and a 6% decline in goods export from India in 2023 |
Forecasts rebound in international trade in 2024 | |
Warns of logistical challenges like shipping disruptions in the Red Sea, Black Sea, etc., affecting costs and supply chains |