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Industry 4.0

Ban on export of onion
•Banned exports of all varieties of onion.
•Imposed stock limits on onion traders to facilitate release of stocks and prevent hoarding by traders
•Retail traders across the country will now be able to stock only up to 100 quintals of onion while wholesale traders will be allowed to stock up to 500 quinta
‘Industry 4.0’
•Commonly referred to as the fourth industrial revolution, it is a name given to the current trend of automation, interconnectivity and data exchange in manufacturing technologies to increase productivity.
•Industry 4.0 is a complex Cyber-Physical Systems which synergizes production with digital technologies, the Internet of Things, Artificial Intelligence, Big Data & Analytics, Machine Learning and Cloud Computing
•Industrial Revolution 4.0 can help in transforming India by:
1.Alleviating poverty.
2.Better and low-cost healthcare.
3.Enhancing farmer’s income.
4.Providing new technology and equipment to farmers.
5.Strengthening infrastructure, improving connectivity.
6.Improve ease of living and ease of doing business.

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