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PIB Summary- 12th January, 2023 | Current Affairs & Hindu Analysis: Daily, Weekly & Monthly - UPSC PDF Download

National Level Multistate Cooperative Export Society

Why in News?
The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved the setting up and promotion of a National Level multistate cooperative export society under the Multi State Cooperative Societies (MSCS) Act, 2002.

About National Level Multistate Cooperative Export Society

  • The proposed society aims to provide thrust to exports from the cooperative sector by acting as an umbrella organization for carrying out and promoting exports.
  • This will help unlock the export potential of Indian cooperatives in global markets.

Benefits

  • The proposed society will also help cooperatives in getting benefits of various export-related schemes and policies of different Ministries of Government of India in a focused manner through the ‘Whole of Government Approach’.
  • Members would benefit both by realizing better prices through export of their goods and services and also by dividends distributed out of the surplus generated by the society.
  • Increased exports through the proposed society will increase production of goods and services by the cooperatives at various levels thus leading to more employment in the cooperative sector.

Nickel Alloy Coating

Why in News?
New technique of corrosion-resistant nickel alloy coatings can replace toxic chrome plating

About the technique

  • Scientists at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) have developed a lab-scale process for the deposit of novel nanostructured Nickel alloy coatings.
  • The process can be used as a replacement for environmentally toxic chrome coatings and is suitable for high-performance materials in engineering applications, specifically in the plastic ware industry.

Method

  • The process uses a pulsed current electroplating, which is environmentally benign with high production capacity.
  • The team used electric current in the form of pulses of a few milliseconds for electroplating purposes.
  • The process consists of an environment-friendly electrolyte consisting of nickel and tungsten ions that is the source of strengthening elemental tungsten (W) and nickel (Ni).
  • The pulsed current is applied between the components to be coated, acting as a cathode and a non-consumable anode.

Advantages

  • The pulsed current effect results in nano-crystalline coatings with high hardness (700-1200 HV) and wear resistance.
  • The coatings are virtually porosity free, crack-free with minimal hydrogen uptake.
  • The coatings are extremely corrosion-resistant and can withstand up to 700 hrs of salt spray.
  • The coatings can withstand temperatures up to 500°C without thermal softening and can improve the life of die components by at least two times compared to conventional chrome plating.
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FAQs on PIB Summary- 12th January, 2023 - Current Affairs & Hindu Analysis: Daily, Weekly & Monthly - UPSC

1. What is a National Level Multistate Cooperative Export Society?
Ans. A National Level Multistate Cooperative Export Society is an organization that operates at the national level and is involved in exporting goods. It is a cooperative society that consists of multiple states and aims to promote and facilitate export activities across the country.
2. What is Nickel Alloy Coating?
Ans. Nickel alloy coating refers to the process of applying a layer of nickel alloy onto a substrate material. This coating is often used to enhance the corrosion resistance, wear resistance, and overall durability of the substrate. It is commonly used in industries such as automotive, aerospace, and electronics.
3. What are the benefits of joining a Multistate Cooperative Export Society?
Ans. Joining a Multistate Cooperative Export Society can provide several benefits, including access to a larger market, shared resources and expertise, increased bargaining power, and networking opportunities. Members can benefit from economies of scale, reduced costs, and enhanced market visibility, ultimately leading to improved export performance.
4. How can one become a member of a National Level Multistate Cooperative Export Society?
Ans. The process of becoming a member of a National Level Multistate Cooperative Export Society may vary depending on the specific society. Generally, interested individuals or organizations need to fulfill certain eligibility criteria and submit an application form along with the required documents. Membership fees may also be applicable.
5. What role does the National Level Multistate Cooperative Export Society play in promoting exports?
Ans. The National Level Multistate Cooperative Export Society plays a crucial role in promoting exports by providing various services and support to its members. These may include market research, trade facilitation, export promotion activities, training and capacity building, documentation assistance, financial support, and policy advocacy. The society acts as a platform for collaboration and coordination among exporters, helping them navigate the complexities of international trade and expand their export capabilities.
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