Contents1 What is the News?2 What is Cruise Tourism?3 Cruise Tourism Business in India4 What steps has the Government of India taken to promote Cruise Tourism? What is the News? The Union Minister for Ports, Shipping and Waterways has said that the Indian cruise market has the potential to grow 10-fold over the next decade.… Continue reading Cruise Tourism in India has potential to grow 10 fold says Shipping Minister
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.
Centre relaxes procurement norms for shrivelled, broken wheat grains
What is the News? The Government of India has announced relaxations for the procurement of shrunken and shrivelled grains in Punjab and Haryana. What is the issue? Due to extreme heatwaves in the northern part of the country in March, the grain quality suffers so much that the percentage of shrivelled (to become smaller, especially… Continue reading Centre relaxes procurement norms for shrivelled, broken wheat grains
India plans dam project as China seeks to divert river
What is the News? India plans to construct the country’s second-largest dam at Yingkiong in Arunachal Pradesh to counter China’s ambitious water diversion scheme of the Brahmaputra River. What are China’s plans for the Brahmaputra River? China’s 14th five-year plan has proposed building a massive dam over the Brahmaputra river, known in China as the… Continue reading India plans dam project as China seeks to divert river
Punjab promoting green manure big time: what are the benefits, productivity
Contents1 What is the News?2 What is Green Manure?3 What are the benefits of Green Manure?4 Why is Green Manure important for Punjab? What is the News? Punjab Government is promoting the cultivation of green manure these days. It is providing a subsidy on the seed at the rate of Rs 2,000 per quintal. What… Continue reading Punjab promoting green manure big time: what are the benefits, productivity
Wheat exports: India to send delegations to 9 countries
Contents1 What is the News?2 Why is India targeting to boost Wheat Exports?3 What are the steps taken by the Government of India to boost Wheat Exports?4 What are the outcomes of these steps? What is the News? India has set a target of a record 10 million tonnes of wheat export in 2022-23 amid… Continue reading Wheat exports: India to send delegations to 9 countries
Andaman and Nicobar islands to get gas plant
What is the News? The Ministry of Environment, Forests and Climate Change has approved gas-powered plants to be set up in Andaman and Nicobar Islands. Background In 2019, the Government of India notified the Island Coastal Zone Regulation(ICRZ). It declared certain coastal stretches as ‘Coastal Regulation Zone’ and imposed restrictions on setting up and expanding… Continue reading Andaman and Nicobar islands to get gas plant
Coir is the best example of ‘Waste to Wealth’, says Union Minister for MSME
Contents1 What is the News?2 What is Coir?3 Coir Board4 Largest Producer of Coir5 Significance of Coir Industry in India What is the News? The Ministry of Micro, Small and Medium Enterprises(MSME) inaugurated the ‘Enterprise India National Coir Conclave 2022’ at Coimbatore, Tamil Nadu. What is Coir? Coir is a versatile natural fibre extracted from… Continue reading Coir is the best example of ‘Waste to Wealth’, says Union Minister for MSME
Explained: What we know about the new startup policy announced by the Delhi government
What is the News? Delhi Cabinet has passed an ambitious Delhi Startup Policy which it hopes would turn the capital into an international startup hub. What is Delhi Startup Policy? Aim: To enable Delhi to emerge as a Global Innovation Hub and the most preferred destination for Startups by 2030 by creating an enabling ecosystem… Continue reading Explained: What we know about the new startup policy announced by the Delhi government
Explained: Why Punjab’s DSR push matters, how much groundwater will it save
Contents1 Why in the News?2 What is Direct Seeding of Rice(DSR)?3 How is DSR different from Normal Transplantation?4 What are the advantages of DSR?5 What are the disadvantages of DSR? Why in the News? Punjab government announced Rs 1,500 incentive per acre for farmers opting for Direct Seeding of Rice (DSR). What is Direct Seeding… Continue reading Explained: Why Punjab’s DSR push matters, how much groundwater will it save
Joblessness on the rise in India
Contents1 What is the News?2 What are the key highlights from the article?2.1 Less number of Non-Farm Jobs Generated3 Increase in Farm Employment3.1 Manufacturing Employment3.2 MSMEs have not recovered to Pre-Covid Levels What is the News? There has been a massive increase in joblessness of at least 10 million due to COVID-19 on top of… Continue reading Joblessness on the rise in India
