Source: The post is based on the article “What is the government’s new policy of UPI for NRIs?” published in The Hindu on 2nd February 2023. What is the News? National Payments Corporation of India(NPCI) has paved the way for international (phone) numbers to be able to transact using UPI. Recently, the Union Cabinet approved an… Continue reading What is the government’s new policy of UPI for NRIs?
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.
Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities
Source: The post is based on the article “Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities” published in The Hindu on 2nd February 2023. Contents1 What is the News?2 What is PM Awas Yojana(PMAY)?3 How much has been allocated to PMAY?4 What is Urban Infrastructure Development… Continue reading Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities
New tax regime gives spending flexibility
Source: The post is based on the following articles “Zero tax for annual income up to ₹7 lakh under new scheme” published in The Hindu on 2nd February 2023. “‘New tax regime gives spending flexibility’” and “New tax regime is very attractive now” published in the Livemint on 2nd February 2023. “Tax rebate under the new regime, explained… Continue reading New tax regime gives spending flexibility
Survey calls for new mineral policy, extending coal usage
Source: The post is based on the article “Survey calls for new mineral policy, extending coal usage” published in Livemint on 1st February 2023. What is the News? According to the Economic Survey 2023, India needs a carefully crafted multi-dimensional mineral policy to address the issues posed by an uneven distribution of rare earth elements.… Continue reading Survey calls for new mineral policy, extending coal usage
Shipbuilding has the potential to strengthen the mission of ‘Aatmanirbhar Bharat’: Economic Survey
Source: The post is based on the article “Shipbuilding has the potential to strengthen the mission of ‘Aatmanirbhar Bharat’: Economic Survey” published in The Hindu on 1st February 2023. What is the News? According to the Economic Survey 2023, shipbuilding has one of the highest employment multipliers and is capable of generating mass employment in… Continue reading Shipbuilding has the potential to strengthen the mission of ‘Aatmanirbhar Bharat’: Economic Survey
Economic Survey 2022-23: Indian start-ups exploring reverse-flipping
Source: The post is based on the article “Economic Survey 2022-23: Indian start-ups exploring reverse-flipping” published in The Hindu on 1st February 2023. Contents1 What is the News?2 What are the key highlights from the Economic Survey on Indian startups?3 What are the challenges faced by startups in India?4 What are the recommendations given by… Continue reading Economic Survey 2022-23: Indian start-ups exploring reverse-flipping
Share of education in budgetary allocations has fallen over the past seven years: Survey
Source: The post is based on the article “Share of education in budgetary allocations has fallen over the past seven years: Survey” published in The Hindu on 1st February 2023. What is the News? According to the Economic Survey 2023, the share of education in budgetary allocations has fallen over the past seven years. What… Continue reading Share of education in budgetary allocations has fallen over the past seven years: Survey
Out-of-pocket health spending still high, despite hike in government expenditure
Source: The post is based on the article “Out-of-pocket health spending still high, despite hike in government expenditure” published in The Hindu on 1st February 2023. What is the News? According to the Economic Survey 2022-23, almost half of all health spending in India is still paid by patients themselves directly at the point of… Continue reading Out-of-pocket health spending still high, despite hike in government expenditure
Economic Survey 2022: Highlights
Source: The post is based on the article “Economic Survey 2022: Highlights” published in PIB on 1st February 2023. What is the News? The Government has tabled the Economic Survey 2022-23. The Survey laid out the outlook for India’s growth, inflation and unemployment in the coming years. What is an Economic Survey? Click Here to… Continue reading Economic Survey 2022: Highlights
Why are milk prices so high, and what can be done about it?
Source: The post is based on the article “Why are milk prices so high, and what can be done about it?” published in Indian Express on 30th January 2023 What is the News? Since last year, the Gujarat Cooperative Milk Marketing Federation has raised the maximum retail price (MRP) of its Amul brand full-cream milk… Continue reading Why are milk prices so high, and what can be done about it?
