Source: The post is based on the article “Centre to set out area limits for mineral mining in states” published in The Hindu on 27th September 2022 What is the News? The Government of India is preparing to set out area caps for mining as it aims to carve out smaller mining areas to attract… Continue reading Centre to set out area limits for mineral mining in states
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.
Foreign Trade Policy extended for six months
Source: The post is based on the article “Foreign Trade Policy extended for six months” published in PIB on 26th September 2022 Contents1 What is the News?2 What is Foreign Trade Policy?3 What are the key features of the Foreign Trade Policy(2015-20)?4 Why has the existing Foreign Trade Policy been extended again?5 What has been… Continue reading Foreign Trade Policy extended for six months
Govt commits Rs. 7,385 crore under Fund of Funds for Startup India Investment for 88 Alternative Investment Funds (AIFs)
Source: The post is based on the article “Govt commits Rs. 7,385 crore under Fund of Funds for Startup India Investment for 88 Alternative Investment Funds (AIFs)” published in PIB on 26th September 2022 What is the News? Fund of Funds for startups has committed Rs 7,385 crore to 88 alternative investment funds (AIFs). These… Continue reading Govt commits Rs. 7,385 crore under Fund of Funds for Startup India Investment for 88 Alternative Investment Funds (AIFs)
Community seed bank initiative traces & restores heritage rice varieties in Tamil Nadu
Source: The post is based on the article “Community seed bank initiative traces & restores heritage rice varieties in Tamil Nadu” published in PIB on 24th September 2022 What is the News? Around 20 heritage rice varieties of Tamil Nadu are being traced, collected, redeemed and restored through the Community seed bank Initiative. Background The… Continue reading Community seed bank initiative traces & restores heritage rice varieties in Tamil Nadu
What banking system liquidity going into ‘deficit mode’ means
Source: The post is based on the article “What banking system liquidity going into ‘deficit mode’ means” published in Indian Express on 24th September 2022 Contents1 What is the News?2 What is banking system liquidity?3 What has triggered this deficit?4 What will be the impact of this deficit on consumers? What is the News? For… Continue reading What banking system liquidity going into ‘deficit mode’ means
New account settlement system from October 1: what changes
Source: The post is based on the article “New account settlement system from October 1: what changes” published in Indian Express on 23rd September 2022 Contents1 What is the News?2 What is Settlement of Accounts?3 What are SEBI’s new settlement guidelines?4 HoNew account settlement system from October 1: what changesill these guidelines impact investors and… Continue reading New account settlement system from October 1: what changes
Fact Sheet on Amendment in India’s export policy on Rice
Source: The post is based on the article “Fact Sheet on Amendment in India’s export policy on Rice” published in PIB on 23rd September 2022 What is the News? Recent changes in India’s rice-export rules have helped keep a check on domestic prices without reducing the availability for exports. What are the changes made in… Continue reading Fact Sheet on Amendment in India’s export policy on Rice
Union Minister launches SCALE app for skill development in leather sector at Central Leather Research Institute, Chennai
Source: The post is based on the article “Union Minister launches SCALE app for skill development in leather sector at Central Leather Research Institute, Chennai” published in PIB on 20th September 2022. What is the News? The Union Minister of Skill Development has launched the SCALE (Skill Certification Assessment for Leather Employees) app. What is… Continue reading Union Minister launches SCALE app for skill development in leather sector at Central Leather Research Institute, Chennai
Oil Ministry seeks review of windfall tax, wants certain fields exempted
Source: The post is based on the article “Oil Ministry seeks review of windfall tax, wants certain fields exempted” published in The Hindu on 20th September 2022. What is the News? The Oil Ministry has sought a review of the Windfall Profit tax on domestically-produced crude oil saying it goes against the principle of fiscal… Continue reading Oil Ministry seeks review of windfall tax, wants certain fields exempted
Explained | The ban on the export of broken rice
Source: The post is based on the article “Explained | The ban on the export of broken rice” published in The Hindu on 19th September 2022. What is the News? The Government of India has instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in… Continue reading Explained | The ban on the export of broken rice
