Source: The post is based on the article “Govt awards GI tag to Mithila Makhana for ‘farmer’s profit’” published in Indian Express on 21st August 2022. What is the News? The Government of India has awarded the Geographical Indication(GI) tag to Mithila Makhana. What is Mithila Makhana? Makhana is a special variety of aquatic cash… Continue reading Govt awards GI tag to Mithila Makhana for ‘farmer’s profit’
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by
Source: The post is based on the article “Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by” published in Economic Times on 17th August 2022. What is the News? On August 15, the Indian Railways conducted a test run of its latest train called Super Vasuki. What is Super Vasuki?… Continue reading Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by
Big bang privatization of banks can be harmful: RBI article
Source: The post is based on the article “Big bang privatization of banks can be harmful: RBI article” published in The Hindu on 18th August 2022. What is the News? The Reserve Bank of India(RBI) has published a bulletin which suggests that a big bang approach to privatization of government-owned banks may do more harm… Continue reading Big bang privatization of banks can be harmful: RBI article
Union Cabinet approves interest subvention scheme for agriculture loans
Source: The post is based on the article “Union Cabinet approves interest subvention scheme for agriculture loans” published in TOI on 17th August 2022. What is the News? The Union Cabinet has approved the Modified Interest Subvention Scheme(MISS). What is the Modified Interest Subvention Scheme(MISS)? Background: Kisan Credit Card scheme was introduced by the Government… Continue reading Union Cabinet approves interest subvention scheme for agriculture loans
Aqua Bazar Online Marketplace App for Fish Farmers Launched by Fisheries Minister
Source: The post is based on the article “Aqua Bazar Online Marketplace App for Fish Farmers Launched by the Fisheries Minister” published in NDTV on 19th August 2022. What is the News? The Union Minister of Fisheries, Animal Husbandry and Dairying has launched Aqua Bazar App. What is Aqua Bazar App? It is an online… Continue reading Aqua Bazar Online Marketplace App for Fish Farmers Launched by Fisheries Minister
Tilapia Fish: Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project
Source: The post is based on the article “Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project” published in PIB on 18th August 2022. Contents1 What is the News?2 What is Tilapia Fish?3 What is the aquaculture project for the production of Tilapia Fish?4 What is… Continue reading Tilapia Fish: Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project
Recovery in youth employment continues to lag worldwide: ILO report
Source: The post is based on the article “Recovery in youth employment continues to lag worldwide: ILO report” published in Business Standard on 13th August 2022. Contents1 What is the News?2 What are the key findings of the report?3 Other Key Findings of the report4 What is Not in employment, education or training(NEET)? What is… Continue reading Recovery in youth employment continues to lag worldwide: ILO report
India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns: Union Minister
Source: The post is based on the article “India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns: Union Minister” published in PIB on 12th August 2022. What is the News? The Union Minister of Science and Technology has informed about the Startup and Research & Development(R&D) Ecosystem in the… Continue reading India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns: Union Minister
Explained: What RBI’s surveys tell about India’s economy
Source: The post is based on the article “Explained: What RBI’s surveys tell about India’s economy” published in Indian Express on 10th August 2022. What is the News? RBI has released its latest Monetary Policy Review and Seven Surveys ranging from consumer confidence to GDP growth expectations. These surveys help in ascertaining how the economy… Continue reading Explained: What RBI’s surveys tell about India’s economy
Gold ETFs log Rs 457 crore outflow in July
Source: The post is based on the article “Gold ETFs log Rs 457 crore outflow in July” published in Indian Express on 12th August 2022. What is the News? Gold Exchange Traded Funds(ETFs) witnessed a net outflow of Rs 457 crore in July as investors parked their money in other asset classes as part of… Continue reading Gold ETFs log Rs 457 crore outflow in July
