Syllabus: GS-III
Subject: Economy Â
Topic: Infrastructure
Issue: GAIL
Context: GAIL (India) Limited is seeking stakes in gas-producing assets abroad as part of India’s energy security efforts.
Prelims Connect (Institution in News)
| GAIL India :
1.     Established in 1984 by the Indian government under the Petroleum and Natural Gas Ministry, operates as a Public Sector Undertaking (PSU). 2.    It stands as the foremost entity in India for refining and handling natural gas, contributing significantly to the country’s energy sector. 3.    GAIL is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), demonstrating its prominent position in the financial market.Top of Form |
FMCG Companies to use Artificial Intelligence, for consumer behaviour insights.
Description:
FMCG are products that are sold quickly at relatively low prices, typically with a short shelf life.
Examples: food and beverages.
(For mains)
- The FMCG sector is the 4th largest in India, dominated by Household and Personal Care products.
- Government initiatives:
- 100% FDI in food processing, single-brand retail.
- 51% in multi-brand retail, aiming to enhance employment, supply chains, and brand visibility in organized markets.
- Key government measures include the Consumer Protection Bill, GST implementation, reducing tax rates for FMCG products and modernizing logistics and warehousing.
