Source: The post is based on the article “The new guidelines to prevent unfair trade practices” published in The Hindu on 12th July 2022. Contents1 What is the News?2 What is CCPA?3 What is Service Charge?4 What do the CCPA’s guidelines on service charges say?5 What is the redressal mechanism for consumers? What is the… Continue reading Service Charge: The new guidelines to prevent unfair trade practices
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.
Union Minister inaugurates India’s first ever Animal Health Summit
Source: The post is based on the article “Union Minister inaugurates India’s first ever Animal Health Summit” published in PIB on 9th July 2022 What is the News? Union Minister of Fisheries, Animal Husbandry and Dairying has inaugurated the first India Animal Health Summit 2022. What is the India Animal Health Summit 2022? Organized by:… Continue reading Union Minister inaugurates India’s first ever Animal Health Summit
Chhattisgarh gets Centre’s nod for World Bank funded school project
Source: The post is based on the article “Chhattisgarh gets Centre’s nod for World Bank funded school project” published in The Hindu on 7th July 2022. What is the News? The Chhattisgarh Government has received an in-principle nod from the Centre to go ahead with a $300 million school education project the State is negotiating… Continue reading Chhattisgarh gets Centre’s nod for World Bank funded school project
Dragon Fruit: Centre to promote dragon fruit cultivation in 50,000 hectares
Source: The post is based on the article “Centre to promote dragon fruit cultivation in 50,000 hectares” published in The Hindu on 8th July 2022 What is the News? The Government of India has decided to promote the cultivation of dragon fruit, known as a “super fruit” for its health benefits. At present, Dragon fruit… Continue reading Dragon Fruit: Centre to promote dragon fruit cultivation in 50,000 hectares
Bharat NCAP: The proposal for an India-specific norm for assessing vehicular safety in collision
Source: The post is based on the article “The proposal for an India-specific norm for assessing vehicular safety in collision” published in “The Hindu” on 8th July 2022. Contents1 What is the News?2 What is the purpose of NCAP?3 What is Bharat New Car Assessment Program (Bharat-NCAP)?4 What is the process of Bharat NCAP?5 What is the benefit… Continue reading Bharat NCAP: The proposal for an India-specific norm for assessing vehicular safety in collision
Understanding the all-time high in India’s trade deficit
Source: The post is based on the article “Understanding the all-time high in India’s trade deficit” published in The Hindu on 7th July 2022. Contents1 What is the News?2 What is driving up imports and denting exports in India?3 Reason for Slowdown in Exports4 What will be the trade trajectory of India in the coming… Continue reading Understanding the all-time high in India’s trade deficit
States Startup Ranking 2021: Results of Ranking of States on support to Start-up Ecosystems declared
Source: The post is based on the article “States Startup Ranking 2021: Results of Ranking of States Exercise 2021 on support to Start-up Ecosystems declared” published in PIB on 4th July 2022. What is the News? The 3rd edition of the State Startup Ranking was released by the Ministry of Commerce and Industry. What is… Continue reading States Startup Ranking 2021: Results of Ranking of States on support to Start-up Ecosystems declared
Toy imports down by 70% and exports up 61% over last three years as Make in India yields positive results for the sector
Source: The post is based on the article “Toy imports down by 70% and exports up 61% over the last three years as Make in India yields positive results for the sector” published in PIB on 5th July 2022. What is the News? According to Ministry of Commerce and Industry data, the import of toys… Continue reading Toy imports down by 70% and exports up 61% over last three years as Make in India yields positive results for the sector
Draft Development of Enterprise and Service Hubs (DESH) Bill: SEZs to be turned into mfg hubs for domestic markets
Source: The post is based on the article “SEZs to be turned into mfg hubs for domestic markets” published in Livemint on 6th July 2022. What is the News? Government plans to table the Development of Enterprise and Service Hubs (DESH) Bill in the monsoon session of the Parliament. This bill will replace the current… Continue reading Draft Development of Enterprise and Service Hubs (DESH) Bill: SEZs to be turned into mfg hubs for domestic markets
Home ministry amends FCRA rules; gives more time to declare funds
Source: The post is based on the article “Home ministry amends FCRA rules; gives more time to declare funds” published in Hindustan Times on 3rd July 2022. What is the News? The Ministry of Home Affairs has amended certain provisions in the Foreign Contribution (Regulation) Act (FCRA) and its rules. What are the key amendments… Continue reading Home ministry amends FCRA rules; gives more time to declare funds
