Source: The post is based on the article “Ministry of Power notifies ‘Green Energy Open Access’ Rules to accelerate ambitious renewable energy programmes” published in PIB on 20th July 2022. What is the News? The Ministry of Power has notified Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022. What are Electricity (Promoting… Continue reading Ministry of Power notifies ‘Green Energy Open Access’ Rules to accelerate ambitious renewable energy programmes
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.
Explained: What Rs 80 to a dollar means
Source: The post is based on the article “Explained: What Rs 80 to a dollar means” published in Indian Express on 20th July 2022. What is the News? The Indian rupee has breached the psychologically significant exchange rate level of 80 to a US dollar in early trade. What is the rupee exchange rate? The… Continue reading Explained: What Rs 80 to a dollar means
Panel on MSP, Natural Farming setup
Source: The post is based on the article “Panel on MSP, Natural Farming setup” published in The Hindu on 19th July 2022. What is the News? The Government of India has constituted a committee to look into the issues of minimum support price(MSP), Natural Farming and Crop diversification. About the Committee on MSP, Natural Farming… Continue reading Panel on MSP, Natural Farming setup
Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy
Source: The post is based on the article “Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy” published in Indian Express on 18th July 2022. What is the News? The US Central Bank has been increasing the interest rates. Moreover, the inflation rate in the US for June came in… Continue reading Yield inversion, soft-landing and reverse currency wars: A glossary for the troubled global economy
Explained: Is there a crisis in rice?
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?
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. What is the News? National Highway Authority of India(NHAI) plans to offer at least two highway up-gradation projects to private players using the Build-Operate-Transfer(BOT) model under Public-Private Partnership during the third… 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. What is the News? The Reserve Bank of India has relaxed norms for companies raising external commercial borrowings (ECBs) as part of a set of measures to stem the slide in the rupee.… 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?
