Source: The post is based on the article “Explained: Is there a crisis in rice?” published in Indian Express on 18th July 2022. What is the News? The overall crop coverage has risen since last year. But the rice coverage was 17.4% down from last year. However, adequate stocks and cultivation of rice over a… Continue reading Explained: Is there a crisis in rice?
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.
Only 50% farmers benefited from farm loan waivers, finds study
Source: The post is based on the article “Only 50% farmers benefited from farm loan waivers, finds study” published in The Hindu on 18th July 2022. What is the News? State Bank of India’s researchers have conducted a study on the Farm Loan Waivers Scheme announced by different states. What are the key findings of… Continue reading Only 50% farmers benefited from farm loan waivers, finds study
Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI
Source: The post is based on the article “Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI” published in Business Standard on 17th July 2022. What is the News? According to an RBI article, the share of inward remittances from Gulf nations dipped sharply during 2020-21 on account of the economic stress… Continue reading Remittances from Gulf countries dropped sharply in FY21 due to Covid: RBI
For new projects, NHAI back to build-operate-transfer model
Source: The post is based on the article “For new projects, NHAI back to build-operate-transfer model” published in Indian Express on 15th July 2022. Contents1 What is the News?2 What is the Build-Operate-Transfer(BOT) Model?3 How is the NHAI planning to implement the BOT Model?4 What are the other Important PPP Models?4.1 Engineering, Procurement, and Construction(EPC)… Continue reading For new projects, NHAI back to build-operate-transfer model
What relaxed ECB norms mean for companies?
Source: The post is based on the article “What relaxed ECB norms mean for companies?” published in Livemint on 18th July 2022. Contents1 What is the News?2 What are External Commercial Borrowings(ECBs)?3 What is the relaxation offered by the RBI for ECBs? 4 Why do Indian firms go for ECBs? 5 What are the risks involved for… Continue reading What relaxed ECB norms mean for companies?
Explained: What are randomized controlled trials, how do they work?
Source: The post is based on the article “Explained: What are randomized controlled trials, how do they work?” published in Indian Express on 15th July 2022 What is the News? Economist and Nobel laureate Michael R Kremer has said that for a diverse country like India Randomized Controlled Trials(RCTs) must be carried out at multiple… Continue reading Explained: What are randomized controlled trials, how do they work?
Union Agriculture Minister launches Platform of Platforms(POP) under eNAM
Source: The post is based on the article “Union Agriculture Minister launches Platform of Platforms(POP) under eNAM” published in PIB on 14th July 2022 What is the News? The Union Minister of Agriculture and Farmers Welfare has launched the Platform of Platforms (POP). What is Platform of Platforms(POP)? It has been launched under the National… Continue reading Union Agriculture Minister launches Platform of Platforms(POP) under eNAM
Cabinet approves Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility
Source: The post is based on the article “Cabinet approves Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility” published in PIB on 13th July 2022. What is the News? Cabinet Committee on Economic Affairs has approved the construction of Taranga Hill-Ambaji- Abu Road new rail line to be constructed by the… Continue reading Cabinet approves Taranga Hill-Ambaji-Abu Road new rail line to provide connectivity and improve mobility
India has achieved clean energy targets before deadline, says Union Minister
Source: The post is based on the article “India has achieved clean energy targets before deadline, says Union Minister” published in The Hindu on 14th July 2022 What is the News? At the Sydney Energy Forum, the Union Environment Minister announced that India has achieved clean energy targets nine years ahead of schedule. What is… Continue reading India has achieved clean energy targets before deadline, says Union Minister
Paper Import Monitoring System(PIMS) to come into effect from 1st October,2022
Source: The post is based on the article “Paper Import Monitoring System(PIMS) to come into effect from 1st October, 2022” published in PIB on 12th July 2022. What is the News? The Directorate General of Foreign Trade(DGFT) has introduced the Paper Import Monitoring System(PIMS) by amending the import policy of major paper products from ‘Free’… Continue reading Paper Import Monitoring System(PIMS) to come into effect from 1st October,2022
