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
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.
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?
Hindenburg report alleged fraud by its firms, Adani Group says ‘attack on India’
Source: The post is based on the article “Hindenburg report alleged fraud by its firms, Adani Group says ‘attack on India’” published in Indian Express on 30th January 2023 What is the News? Adani Group has issued a detailed rebuttal to the allegations of stock manipulation and accounting malpractices levelled by Hindenburg Research. It has… Continue reading Hindenburg report alleged fraud by its firms, Adani Group says ‘attack on India’
Ragi poori to jowar upma, Parliament gets a new millet men
Source: The post is based on the article “Ragi poori to jowar upma, Parliament gets a new millet menu” published in Indian Express on 30th January 2023 What is the News? The menu of Parliament House canteens will soon have millet dishes such as jowar vegetable upma to bajra khichdi, ragi ladoo to bajre ka… Continue reading Ragi poori to jowar upma, Parliament gets a new millet men
IMF confirms India’s finance assurances for Sri Lanka
Source: The post is based on the article “IMF confirms India’s finance assurances for Sri Lanka” published in The Hindu on 23rd January 2023. What is the News? The International Monetary Fund(IMF) has confirmed receiving India’s written financing assurance in support of Sri Lanka’s economic revival. Why is Sri Lanka seeking IMF assistance? Sri Lanka… Continue reading IMF confirms India’s finance assurances for Sri Lanka
Switzerland is first WTO member to formally accept new Agreement on Fisheries Subsidies
Source: The post is based on the article “Switzerland is first WTO member to formally accept new Agreement on Fisheries Subsidies” published in WTO on 23rd January 2023 What is the News? Switzerland has become the first WTO member to formally submit its acceptance of the WTO’s new Agreement on Fisheries Subsidies. What is the… Continue reading Switzerland is first WTO member to formally accept new Agreement on Fisheries Subsidies
Three key takeaways from RBI’s report on state govt Budgets
Source: The post is based on the article “Three key takeaways from RBI’s report on state govt Budgets” published in Indian Express on 19th January 2023. What is the News? The Reserve Bank of India has released its report on state government budgets for 2022-23. What are the key highlights from the RBI’s report on… Continue reading Three key takeaways from RBI’s report on state govt Budgets
Loan loss provision by banks: Why has RBI proposed a new forward-looking approach?
Source: The post is based on the article “Loan loss provision by banks: Why has RBI proposed a new forward-looking approach?” published in Indian Express on 19th January 2023. What is the News? The Reserve Bank of India(RBI) has published a discussion paper on “loan loss provision”, proposing a framework for adopting an expected loss(EL)-based… Continue reading Loan loss provision by banks: Why has RBI proposed a new forward-looking approach?
Survival of the Richest: The India story – India’s richest 1% own more than 40% of total wealth: Oxfam
Source: The post is based on the article “India’s richest 1% own more than 40% of total wealth: Oxfam” published in The Hindu on 18th January 2023. What is the News? Oxfam has released a report titled “Survival of the Richest: The India story”. What are the key findings of the Survival of the Richest:… Continue reading Survival of the Richest: The India story – India’s richest 1% own more than 40% of total wealth: Oxfam
