Source: The post is based on the article “Centre, States to join hands to promote millets consumption” published in The Hindu on 1st January,2023 What is the News? To promote the cultivation and consumption of millets on a larger scale, the Union government with the help of various States and Indian embassies around the globe… Continue reading Centre, States to join hands to promote millets consumption
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.
DESH Bill may let companies have obligation of choice: Govt official
Source: The post is based on the article “DESH Bill may let companies have obligation of choice: Govt official” published in the Business Standard on 26th December 2022. What is the News? The Development of Enterprises and Services Hub (DESH) Bill, 2022 will ensure better economic performance, spur economic growth and people awareness. About the… Continue reading DESH Bill may let companies have obligation of choice: Govt official
What are millets, the grains on PM Narendra Modi’s lunch menu?
Source: The post is based on the article “What are millets, the grains on PM Narendra Modi’s lunch menu?” published in Indian Express on 22nd December 2022 What is the News? 2023 has been declared as the “International Year of Millets” by the United Nations after a proposal from India in 2019. To raise awareness on… Continue reading What are millets, the grains on PM Narendra Modi’s lunch menu?
About global minimum tax: The minimum tax on big businesses
Source: The post is based on the article “The minimum tax on big businesses” published in The Hindu on 20th December 2022 What is the News? Members of the European Union have agreed in principle to implement a minimum tax of 15% on big businesses. What have EU members agreed on? EU members have agreed… Continue reading About global minimum tax: The minimum tax on big businesses
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 What is the News? Parliamentary Standing Committee on Food, Consumer Affairs and Public Distribution has submitted a report on the state of Onions supply in India. Why… 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. What is the News? The Telecommunication Development Fund is a new avatar of the Universal Service Obligation Fund (USOF). About the Telecommunication Development Fund The Draft Indian Telecommunication Bill,2022 proposes… 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 What is the News? The Central Government has sought Parliament’s approval for fresh expenditure of Rs 2.14 lakh crore towards major subsidies, over and above the Rs 3.17 lakh… Continue reading How high the Centre’s subsidy bill could go this year
