CURRENT AFFAIRS FOR UPSC IAS

The National Bank for Agriculture and Rural Development (NABARD) has commissioned a study to evaluate the impact of Geographical Indication (GI) products, with Symbiosis School of Economics chosen as the research partner.

Key-highlights:

• Objectives of the Study: to assess the benefits accrued to artisans and producers due to the GI tags associated with their products over time.
• Expansion of GI Portfolio: NABARD's support has led to the GI tagging of 144 products to date.
  • Notably, the journey began with PochampallyIkat from Telangana (formerly united Andhra Pradesh).
• Diverse Range of GI Products: Artisans across various regions have embraced the GI registration, showcasing the rich cultural diversity of India. Notable examples include Banaras Brocades and Sarees (Uttar Pradesh), Blue Pottery of Jaipur (Rajasthan), Ilkal Saree (Karnataka), Jalna Sweet Orange (Maharashtra), and NakshiKantha (West Bengal), among others.
• A geographical indication (GI) serves as a mark of origin for products possessing unique qualities or reputations attributable to their specific geographical location.