CURRENT AFFAIRS

Detailed explanation-1: -Over the next four years, the Kerala Knowledge Economy Mission aims to provide gainful employment to 20 lakh people in various sectors and job fields.

Detailed explanation-2: -Kerala has launched the Knowledge Economy Mission to provide employment to the educated and support ‘knowledge workers’ under a single programme. The initiative was announced in State Budget on June 4, 2021.

Detailed explanation-3: -A Kerala Development and Innovation Strategic Council (K-DISC) initiative, the Kerala Knowledge Economy mission (KKEM), aims to provide employment to the educated by transforming the State of Kerala into a Knowledge Society, which will produce, consume and transact knowledge for its own social and economic development.

Detailed explanation-4: -India and the Knowledge Economy assesses India’s progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure.

Detailed explanation-5: -The knowledge economy is a system of consumption and production that is based on intellectual capital. In particular, it refers to the ability to capitalize on scientific discoveries and applied research. The knowledge economy represents a large share of the activity in most highly developed economies.