Contents1 What is the News?2 What is the Par-Tapi-Narmada River Linking Project?3 What are the benefits of the Project?4 Why are Tribals opposing the Project? What is the News? Tribals in Gujarat have intensified their protest against the Par-Tapi-Narmada river linking project after it was mentioned in the budget speech (2022-23) of the Finance Minister.… Continue reading Project to link Tapi, Par, Narmada: Tribals in South Gujarat protest river-linking plan
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.
RBI launches UPI123Pay that allows UPI payments on feature phones
What is the News? Reserve Bank of India has launched new UPI service for feature phones called UPI123Pay. It has also launched a 24×7 helpline for digital payments called ‘Digisaathi’. What is UPI123Pay? UPI 123PAY is a three-step offline method to initiate and execute transactions that will work on simple feature phones. It will allow… Continue reading RBI launches UPI123Pay that allows UPI payments on feature phones
Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission
Contents1 What is the News?2 About India’s Tourism Sector3 Challenges faced by Indian Tourism Industry4 What is Government planning to address the challenges faced by the Tourism industry?5 What is the need for National Digital Tourism Mission? What is the News? The Ministry of Tourism has released a draft report on the proposed National Digital… Continue reading Ministry of Tourism invites final comments on draft report for setting up National Digital Tourism Mission
Explained: The implication of domestic investors being allowed to trade in top US stocks
Contents1 What is the News?2 What does this mean?3 Who can invest in these stocks?4 What are the advantages of investing through this in US stocks?5 What is NSE IFSC?6 What is NSE IFSC receipt? What is the News? Investors in India have been allowed to trade in select US stocks through the NSE International… Continue reading Explained: The implication of domestic investors being allowed to trade in top US stocks
Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization
Contents1 What is the News?2 What is National Land Monetization Corporation(NLMC)?3 Functions of NLMC4 Significance of NLMC What is the News? The Union Cabinet has approved the setting up of the National Land Monetization Corporation (NLMC). The setting up of NLMC is in pursuance of the Budget Announcement for 2021-22. What is National Land Monetization… Continue reading Cabinet approves setting up of National Land Monetization Corporation as a Special Purpose Vehicle (SPV) for undertaking surplus land monetization
Union Minister for Power launch Virtual Smart Grid Knowledge Center and Innovation Park
Contents1 What is the News?2 What is Virtual Smart Grid Knowledge Center(Virtual SGKC)?3 What is the National Smart Grid Mission?4 What is a Smart Grid? What is the News? The Union Minister for Power has launched the Virtual Smart Grid Knowledge Center (Virtual SGKC) and Innovation Park. What is Virtual Smart Grid Knowledge Center(Virtual SGKC)?… Continue reading Union Minister for Power launch Virtual Smart Grid Knowledge Center and Innovation Park
Amendments proposed to make land pooling mandatory
Contents1 What is the News?2 What is land pooling?3 What is Delhi Land Pooling Policy?4 What are the amendments proposed to the Delhi Land Pooling Policy? What is the News? The Union Minister for Housing and Urban Affairs has said that amendments will be made to the Delhi Development Act, 1957, to speed up the… Continue reading Amendments proposed to make land pooling mandatory
Brahmaputra (NW2) gets connected with Ganga (NW1) via Indo Bangladesh Protocol Route
What is the News? India has successfully conducted the maiden voyage of foodgrains via inland waterways from Patna to Pandu through Bangladesh in Guwahati. What has happened? A self propelled vessel MV Lal Bahadur Shastri carrying foodgrains for Food Corporation of India (FCI) has completed the maiden pilot run from Patna to Pandu via Bangladesh.… Continue reading Brahmaputra (NW2) gets connected with Ganga (NW1) via Indo Bangladesh Protocol Route
Union Minister of Railways inspects the trial of Kavach System
Contents1 What is the News?2 What is Kavach?3 Features of Kavach4 What is the significance of Kavach? What is the News? Union Minister of Railways has inspected the trial of ‘Kavach’ working system in Secunderabad Division of South Central Railway. What is Kavach? KAVACH is an indigenously developed Automatic Train Protection(ATP) System for Indian Railways.… Continue reading Union Minister of Railways inspects the trial of Kavach System
Finance Minister launches e-Bill system on 46th Civil Accounts Day
What is the News? The Union Minister for Finance has launched the e-Bill system for Central Government Ministries on the 46th Civil Accounts Day. What is the e-Bill System? Aim: To make the entire process of submission and backend processing of bills completely paperless and transparent for Central Government Ministries. Developed by: Public Financial Management… Continue reading Finance Minister launches e-Bill system on 46th Civil Accounts Day
