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.

India topped list of trade-related concerns at WTO in 2021 with 35% share

Source: The post is based on the article “India topped list of trade-related concerns at WTO in 2021 with 35% share” published in Business Standard on 30th July 2022. What is the News? The World Trade Organization(WTO) has released its annual report. What are the key takeaways from the report? Trade Related Concerns raised against… Continue reading India topped list of trade-related concerns at WTO in 2021 with 35% share

Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country

Source: The post is based on the article “Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country” published in PIB on 29th July 2022. What is the News? The Ministry of Agriculture & Farmers’ Welfare has launched the 11th Agricultural Census(2021-22). What is the Agriculture Census? The agriculture Census… Continue reading Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country

PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar

Source: The post is based on the article “PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar” published in The Hindu on 30th July 2022. What is the News? The Prime Minister launched the India International Bullion Exchange(IIBX) at GIFT city in Gandhinagar, Gujarat. What is India International Bullion Exchange(IIBX)? It is India’s first… Continue reading PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar

GIFT City: India’s upcoming economic and financial hub

Source: The post is based on the article “GIFT City: India’s upcoming economic and financial hub” published in Indian Express on 29th July 2022. What is the News? India is one of the fastest-growing economies in the world. The country needs to expand its economic and strategic activities globally and GIFT City, an emerging global… Continue reading GIFT City: India’s upcoming economic and financial hub

Trend on Foreign Direct Investment(FDI) in India

Source: The post is based on the article “Trend on Foreign Direct Investment(FDI) in India” published in PIB on 28th July 2022. What is the News? This article talks about the trends in Foreign Direct Investment(FDI) into India. What is the trend in FDI inflows into India in FY 21-22? FDI Inflows: India has received… Continue reading Trend on Foreign Direct Investment(FDI) in India

Explained: Three reasons why a revival package for BSNL was cleared

Source: The post is based on the article “Explained: Three reasons why a revival package for BSNL was cleared” published in Indian Express on 28th July 2022. What is the News? The government has cleared Rs 1.64 lakh crore booster shot for state-owned loss-making telecom company Bharat Sanchar Nigam Ltd(BSNL). What are the key aspects… Continue reading Explained: Three reasons why a revival package for BSNL was cleared

Thousands of villages set to get 4G coverage

Source: The post is based on the article “Thousands of villages set to get 4G coverage” published in The Hindu on 28th July 2022. What is the News? The Union Cabinet has approved a project for the saturation of 4G mobile services in the uncovered villages across the country. What is the 4G saturation project… Continue reading Thousands of villages set to get 4G coverage

GI Tag for Alibaug’s White Onion brings cheer to farmers

Source: The post is based on the article “GI Tag for Alibaug’s White Onion brings cheer to farmers” published in Hindu Business Line on 26th July 2022. What is the News? The ​​White Onion of Alibaug in Maharashtra’s Raigad district has received a ‘Geographical Indication’, giving it a unique identity and wider markets. What is… Continue reading GI Tag for Alibaug’s White Onion brings cheer to farmers

Cabinet approves revival package of BSNL amounting to Rs 1.64 Lakh Cr.

Source: The post is based on the article “Cabinet approves revival package of BSNL amounting to Rs 1.64 Lakh Cr.” published in PIB on 27th July 2022. What is the News? The Union Cabinet has approved the revival package of BSNL amounting to Rs 1.64 Lakh Crore. What are the key aspects of BSNL’s revival… Continue reading Cabinet approves revival package of BSNL amounting to Rs 1.64 Lakh Cr.

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