Mppsc current affairs

Press Release_Press Information Bureau (9).pdf

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Press Release_Press Information Bureau (8).pdf

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🔆 India–Africa to Double Bilateral Trade by 2030

📍 Why in Focus?
Union Minister of Commerce & Industry Piyush Goyal announced at the 20th CII India–Africa Business Conclave that India and Africa aim to double bilateral trade by 2030, focusing on value addition, technology, and sustainable partnerships .

📍 Key Highlights:
✅ Current trade: India’s exports $42.7 bn, imports $40 bn — fairly balanced but with untapped potential.
✅ Priority sectors: Agriculture, food security, healthcare, critical minerals, renewable energy, IT, telecom & mobility solutions.
✅ Huge scope in automobile sector: Africa imports $20 bn annually, but India supplies only $2 bn.
✅ India offers UPI digital payments, medical tourism, cost-competitive services; Africa offers critical minerals, petroleum & agricultural commodities.
✅ Shared demographic dividend — both regions have youthful populations driving future growth.

📍 Challenges / Implications:
✅ Need to shift from raw material exports to value-added production.
✅ Ensure balanced trade while safeguarding African resource interests.
✅ Enhance collaboration at multilateral platforms (WTO, Global South).

✅ Prelims Question:
Which of the following was highlighted as a key area of India–Africa trade cooperation at the 20th CII India–Africa Business Conclave 2025?
A. Space technology
B. Automobiles and affordable mobility solutions
C. Nuclear power generation
D. Maritime boundary security
Ans: B

✅ Mains Question:
“India–Africa relations are rooted in shared history and complementarities. Discuss the opportunities and challenges in achieving the target of doubling bilateral trade by 2030.” (250 words)

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897 viewsSep 1 at 02:32

🔆 India–Africa to Double Bilateral Trade by 2030

📍 Why in Focus?
Union Minister of Commerce & Industry Piyush Goyal announced at the 20th CII India–Africa Business Conclave that India and Africa aim to double bilateral trade by 2030, focusing on value addition, technology, and sustainable partnerships .

📍 Key Highlights:
✅ Current trade: India’s exports $42.7 bn, imports $40 bn — fairly balanced but with untapped potential.
✅ Priority sectors: Agriculture, food security, healthcare, critical minerals, renewable energy, IT, telecom & mobility solutions.
✅ Huge scope in automobile sector: Africa imports $20 bn annually, but India supplies only $2 bn.
✅ India offers UPI digital payments, medical tourism, cost-competitive services; Africa offers critical minerals, petroleum & agricultural commodities.
✅ Shared demographic dividend — both regions have youthful populations driving future growth.

📍 Challenges / Implications:
✅ Need to shift from raw material exports to value-added production.
✅ Ensure balanced trade while safeguarding African resource interests.
✅ Enhance collaboration at multilateral platforms (WTO, Global South).

✅ Prelims Question:
Which of the following was highlighted as a key area of India–Africa trade cooperation at the 20th CII India–Africa Business Conclave 2025?
A. Space technology
B. Automobiles and affordable mobility solutions
C. Nuclear power generation
D. Maritime boundary security
Ans: B

✅ Mains Question:
“India–Africa relations are rooted in shared history and complementarities. Discuss the opportunities and challenges in achieving the target of doubling bilateral trade by 2030.” (250 words)