Source: The post is based on the article “Union Budget 2023-24: Push for ELS cotton yield to reduce imports” published in The Hindu on 3rd February 2023 What is the News? The Budget has proposed to enhance the productivity of extra-long staple (ELS) cotton through public-private partnerships. This is meant to lower the import dependence… Continue reading Union Budget 2023-24: Push for ELS cotton yield to reduce imports
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.
Cut in MGNREGS outlay is not a concern: Somanathan
Source: The post is based on the article “Cut in MGNREGS outlay is not a concern: Somanathan” published in The Hindu on 3rd February 2023. What is the News? In the Union Budget 2023-24, the Union Government has reduced the allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme(MGNREGS). What is the MGNREGA allocation… Continue reading Cut in MGNREGS outlay is not a concern: Somanathan
Union Budget 2023-24 Highlights
Source: The post is based on the following articles “SUMMARY OF THE UNION BUDGET 2023-24” and “HIGHLIGHTS OF THE UNION BUDGET 2023-24” published in the PIB on 1st February 2023. “All that you need to know about this year’s budget” and “Agriculture to zero emissions: here’s the budget in 26 letters” published in the Livemint on 2nd February… Continue reading Union Budget 2023-24 Highlights
What Finance Minister’s push to end manual scavenging means
Source: The post is based on the article “What Finance Minister’s push to end manual scavenging means” published in Indian Express on 2nd February 2023. Contents1 What is the News?2 What is Manual Scavenging?3 Deaths due to Manual Scavenging4 What are the steps taken against Manual Scavenging?5 What is the significance of the announcement by… Continue reading What Finance Minister’s push to end manual scavenging means
Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister
Source: The post is based on the article “Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has allocated ₹7,000 crore for the introduction of Phase 3 of the eCourts Project. What is… Continue reading Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister
Budget 2023: What are lab-grown diamonds, mentioned by FM
Source: The post is based on the article “Budget 2023: What are lab-grown diamonds, mentioned by FM” published in Indian Express on 3rd February 2023. Contents1 What is the News?2 What are Lab Grown Diamonds?3 What are LGDs used for?4 What are the steps announced in the Budget on Lab Grown Diamonds? What is the… Continue reading Budget 2023: What are lab-grown diamonds, mentioned by FM
PAN to be used as common identifier for digital systems
Source: The post is based on the article “PAN to be used as common identifier for digital systems” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has said that the Permanent Account Number(PAN) would be used as a common identifier for all digital systems of specified government agencies.… Continue reading PAN to be used as common identifier for digital systems
Major thrust planned for green energy
Source: The post is based on the article “Major thrust planned for green energy” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has announced a slew of measures for “Green Growth” while presenting the Union Budget. What are the initiatives announced to promote Green Energy? “Green Growth” has… Continue reading Major thrust planned for green energy
Government to set up 100 5G labs to develop new apps
Source: The post is based on the article “Government to set up 100 5G labs to develop new apps” published in The Hindu on 2nd February 2023. Contents1 What is the News?2 What are the initiatives announced in the Budget in the technology sector?3 Artificial Intelligence4 National Data Governance policy What is the News? The Finance… Continue reading Government to set up 100 5G labs to develop new apps
Women get a one-time small savings scheme
Source: The post is based on the article “Women get a one-time small savings scheme” published in The Hindu on 2nd February 2023. What is the News? In the Union Budget 2023-24, the Finance Minister has announced a new small savings scheme for women called Mahila Samman Saving Certificate(MSSC). What is a Mahila Samman Saving… Continue reading Women get a one-time small savings scheme
