Source: The post is based on the article “The minimum tax on big businesses” published in The Hindu on 20th December 2022 Contents1 What is the News?2 What have EU members agreed on?3 What is the need for a global minimum tax?4 How do the countries view global minimum tax?5 What are the benefits and… Continue reading About global minimum tax: The minimum tax on big businesses
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.
Govt plans to raise duty on non-essential goods
SoGovt plans to raise duty on non-essential goods: The post is based on the article “Govt plans to raise duty on non-essential goods” published in Indian Express on 19th December 2022 What is the News? The Government of India is planning to regulate imports of “non-essential items” through hikes in import duties. Trade Deficit of… Continue reading Govt plans to raise duty on non-essential goods
Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot
Source: The post is based on the article “Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot” published in AIR on 19th December 2022 What is the News? Ladakh got its first ever Geographical Indication (GI) Tag to its Raktsey Karpo Apricot. Apricot Production in Ladakh Ladakh is the biggest apricot producer in the… Continue reading Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot
Centre draws flak from Parliamentary panel over state of onion silos
Source: The post is based on the article “Centre draws flak from Parliamentary panel over state of onion silos” published in Down To Earth on 16th December 2022 Contents1 What is the News?2 Why does the price of onions fluctuate in India?3 What are the observations made by the Parliamentary Panel on Onion Shortage?4 What… Continue reading Centre draws flak from Parliamentary panel over state of onion silos
Year End Review 2022: Ministry of Communications
Source: The post is based on the article “Year End Review 2022: Ministry of Communications” published in PIB on 16th December 2022 What is the News? The Ministry of Communications has launched several initiatives and schemes in 2022. What are the schemes and initiatives launched by the Ministry of Communications in 2022? 5G spectrum auction Indigenous… Continue reading Year End Review 2022: Ministry of Communications
USOF successor to focus on indigenising tech, hiring global bandwidth
Source: The post is based on the article “USOF successor to focus on indigenising tech, hiring global bandwidth” published in the Business Standard on 17th November 2022. Contents1 What is the News?2 About the Telecommunication Development Fund3 About USOF4 About the Telecom Technology Development Fund (TTDF)5 Why are telecom companies opposing the creation of the Telecommunication Development… Continue reading USOF successor to focus on indigenising tech, hiring global bandwidth
How high the Centre’s subsidy bill could go this year
Source: The post is based on the article “How high the Centre’s subsidy bill could go this year” published in Indian Express on 12th December 2022 Contents1 What is the News?2 What happened in 2020-21?3 What is different in 2022-23?4 What are the future prospects of subsidies? What is the News? The Central Government has… Continue reading How high the Centre’s subsidy bill could go this year
Health to harm: Researchers call for action against pharma pollution
Source: The post is based on the article “Health to harm: Researchers call for action against pharma pollution” published in Down To Earth on 12th December 2022 What is the News? According to the Lancet report, Pharmaceutical Pollution is an overlooked but urgent issue that needs coordinated action from across the pharmaceutical, healthcare and environmental… Continue reading Health to harm: Researchers call for action against pharma pollution
Union Minister of Rural Development, Shri Giriraj Singh holds a meeting on ‘Cactus Plantation and its Economic Usage’
Source: The post is based on the article “Union Minister of Rural Development, Shri Giriraj Singh holds a meeting on ‘Cactus Plantation and its Economic Usage’” published in PIB on 9th December 2022 What is the News? The Union Minister of Rural Development has convened a consultation meeting on ‘Cactus Plantation and its Economic Usage.… Continue reading Union Minister of Rural Development, Shri Giriraj Singh holds a meeting on ‘Cactus Plantation and its Economic Usage’
Energy Conservation (Amendment) Bill 2022: Government introduces Energy Conservation Bill in Rajya Sabha
Source: The post is based on the article “Government introduces Energy Conservation Bill in Rajya Sabha” published in The Hindu on 9th December 2022 What is the News? The Union Minister of Power has introduced the Energy Conservation (Amendment) Bill 2022 in Rajya Sabha. The Bill proposes to amend the Electricity Conservation Act 2001 (last… Continue reading Energy Conservation (Amendment) Bill 2022: Government introduces Energy Conservation Bill in Rajya Sabha
