Contents1 What is the News?2 What are the key findings of the PLFS Survey?2.1 Unemployment Rate3 Labour Force Participation Rate(LFPR)4 Worker Population Ratio What is the News? The National Statistical Office (NSO) has released the quarterly bulletin of Periodic Labour Force Survey (PLFS) for January-March, 2022. What are the key findings of the PLFS Survey?… Continue reading Unemployment rate dips in first quarter of 2022: Survey
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.
For the first time in a decade, WTO members reach historic deal at Geneva
Contents1 What is the News?2 What are the major outcomes of a deal at the 12th Ministerial Conference(MC12)?2.1 TRIPS Waiver3 On Food Security4 On E-Transmission Moratorium5 On Fisheries Subsidies What is the News? For the first time in a decade, the members of the World Trade Organization (WTO) have finalized a historic deal at the… Continue reading For the first time in a decade, WTO members reach historic deal at Geneva
Steel Minister Inaugurates First Six – lane Highway Road made of Steel Slag at Surat, Gujarat
Contents1 What is the News?2 What is Steel Slag Road?3 Why Steel Slag?4 What are the benefits of Steel Slag Road? What is the News? The Union Minister of Steel has inaugurated the first six-lane highway road made by using Steel Slag at Surat, Gujrat. What is Steel Slag Road? Steel Slag Road is a… Continue reading Steel Minister Inaugurates First Six – lane Highway Road made of Steel Slag at Surat, Gujarat
Cabinet approves Auction of IMT/5G Spectrum
Contents1 What is the News?2 What is a Spectrum Auction?3 What Spectrum bands will be auctioned?4 How will the Auction be conducted?5 What are Private Captive Networks? What is the News? The Union Cabinet has approved a proposal of the Department of Telecommunications to conduct a spectrum auction through which spectrum will be assigned to… Continue reading Cabinet approves Auction of IMT/5G Spectrum
RBI lens on neobanks amid rapid growth in customers
Contents1 What is the News?2 What are Neo Banks?3 What is the difference between Neo Banks and Traditional Banks?4 What is the difference between Neo Bank and Digital Bank?5 What are the advantages of Neo Banks?6 What are the challenges of Neo Banks? What is the News? The Reserve Bank of India(RBI) is taking a… Continue reading RBI lens on neobanks amid rapid growth in customers
India opposes e-transmission moratorium
What is the News? At the 12th Ministerial Conference(MC 12) of the World Trade Organization (WTO), India has opposed the continuation of the moratorium on customs duties on e-commerce trade as the issue now has huge implications for the economy of developing countries. What is the E-Transmission Moratorium? Click Here to read about it Why… Continue reading India opposes e-transmission moratorium
Explained: The RBI plan to link credit cards with UPI
What is the News? The Reserve Bank of India has proposed to allow the linking of credit cards with the Unified Payments Interface(UPI). Linking of Credit Cards with UPI The linking of Credit Cards with UPI will first begin with the indigenous RuPay credit cards. Both the RuPay network and UPI are managed by the… Continue reading Explained: The RBI plan to link credit cards with UPI
Diversify crops, shift rice to places that can support it: Central panel
Contents1 What is the News?2 What are the recommendations given by CACP?3 Need for Crop Diversification4 Favour Oilseed Crops What is the News? The Commission for Agricultural Cost and Prices(CACP) has recommended the promotion of crop diversification, favouring oilseed crops amid the global inflation in oilseeds and vegetable oils prices. What are the recommendations given… Continue reading Diversify crops, shift rice to places that can support it: Central panel
Explained: Why bond yields are rising, and what it means for markets and investors
What is the News? In India, Bond yields have risen to their highest levels in the last three years. What are Bond and Bond Yield? A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). Bonds are used by companies, municipalities, states, and… Continue reading Explained: Why bond yields are rising, and what it means for markets and investors
World Investment Report: India 7th in FDI inflows: UNCTAD
Contents1 What is the News?2 What are the key findings of the report?2.1 Global findings3 Findings related to India What is the News? The United Nations Conference on Trade and Development(UNCTAD) has released the World Investment Report. What are the key findings of the report? Global findings The United States ($367 billion) remained the top… Continue reading World Investment Report: India 7th in FDI inflows: UNCTAD
