Contents1 What is the News?2 What are the programmes launched to aid Startups in technology sectors?2.1 National Initiative for Developing and Harnessing Innovations(NIDHI)3 Common Research and Technology Development Hubs (CRTDHs)3.1 Industry Relevant R & D(IRRD) Scheme What is the News? The Union Minister of Science & Technology has said that the Government has launched a… Continue reading Union Minister says Government has launched number of programs to aid Start-ups in technology sectors
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.
Broadcast Seva Portal launched for ease of doing business in broadcast
What is the News? The Ministry of Information and Broadcasting has launched the “Broadcast Seva Portal”. What is Broadcast Seva Portal? Launched by: Ministry of Information and Broadcasting(I&B). Purpose: It is an online portal aimed at improving the ease of doing business in the broadcast industry. Features: The portal can be used by broadcasters for… Continue reading Broadcast Seva Portal launched for ease of doing business in broadcast
India’s trade deficit widens 87.5% to record $192 billion
Contents1 What is the News?2 India’s Merchandise Trade Deficit3 Why has the trade deficit increased?4 What are the concerns going forward? What is the News? According to Government data, India’s trade deficit has increased by 87.5% to a record $192 billion in 2021-22 from $102 billion in the previous financial year. India’s Merchandise Trade Deficit… Continue reading India’s trade deficit widens 87.5% to record $192 billion
Competition Commission of India Revises Long Form for Merger & Acquisitions
What is the News? Competition Commission of India(CCI) has revamped the content and format of information regarding parties to a Combination. They need to file with the CCI when their post-merger market share exceeds a specified threshold. According to the revised format, parties to a Combination need to file a report to the CCI when… Continue reading Competition Commission of India Revises Long Form for Merger & Acquisitions
Government’s emphasis on promoting sunflower area and production in the country
What is the News? The Ministry of Agriculture and Farmers Welfare is focused on promoting the area and production of Sunflower in the country. About Sunflower Sunflower (Helianthus annuus L.) is an important oilseed crop in India, popularly known as “Surajmukhi.” It is known as a sunflower as it follows the sun by day, always… Continue reading Government’s emphasis on promoting sunflower area and production in the country
Shrinkflation: How inflation is downsizing some of your favourite foods
What is the News? Companies are resorting to the strategy of Shrinkflation to reduce the impact of rising input costs. What is Shrinkflation? Shrinkflation is a combination of two words, “shrink” and “inflation”. It is the practice of reducing the size of a product while maintaining its sticker price. Shrinkflation is basically a form of… Continue reading Shrinkflation: How inflation is downsizing some of your favourite foods
Cabinet approves setting up of National Land Monetization Corporation(NLMC)
What is the News? The Union Cabinet has approved the setting up of the National Land Monetization Corporation (NLMC) as a wholly-owned Government of India company with an initial authorized share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore. What is National Land Monetization Corporation(NLMC)? Administrative Ministry: Department of Public… Continue reading Cabinet approves setting up of National Land Monetization Corporation(NLMC)
Zojila tunnel work space, deadline advanced to 2024
Contents1 What is the News?2 What is Zoji La Tunnel?3 What is the strategic significance of the Zoji La Tunnel?4 What is Zoji La Pass? What is the News? Zojila tunnel will be opened for defence forces and emergency services by 2024, two years ahead of the 2026 deadline. This will ensure that the mobilization… Continue reading Zojila tunnel work space, deadline advanced to 2024
Governments of Delhi, Haryana, Rajasthan and Uttar Pradesh of NCR sign Combined Reciprocal Common Transport Agreement
What is the News? Governments of Delhi, Haryana, Rajasthan and Uttar Pradesh of National Capital Region (NCR) have signed a Combined Reciprocal Common Transport Agreements (CRCTA) covering both Contract Carriage & Stage Carriage. Note: National Capital Region (NCR) is a planning region centred upon the National Capital Territory (NCT) of Delhi. It encompasses Delhi and… Continue reading Governments of Delhi, Haryana, Rajasthan and Uttar Pradesh of NCR sign Combined Reciprocal Common Transport Agreement
Sagarmala – Seven years of Spectacular Success
Contents1 What is the News?2 What is the Sagarmala Programme?3 Components of the Sagarmala Programme 4 About the projects under Sagarmala5 Achievements of the Programme What is the News? The Ministry of Ports, Shipping and Waterways has organized an event to commemorate the successful seven years of the Sagarmala program. What is the Sagarmala Programme? Launched… Continue reading Sagarmala – Seven years of Spectacular Success
