What is the News? Punjab Government is promoting the cultivation of green manure these days. It is providing a subsidy on the seed at the rate of Rs 2,000 per quintal. What is Green Manure? Green Manure are crops grown specifically for maintaining soil fertility and structure. They are normally incorporated back into the soil,… Continue reading Punjab promoting green manure big time: what are the benefits, productivity
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.
Wheat exports: India to send delegations to 9 countries
What is the News? India has set a target of a record 10 million tonnes of wheat export in 2022-23 amid rising global demand for grain globally. Why is India targeting to boost Wheat Exports? Globally, Russia is the market leader for wheat exports (almost 15% share) and Ukraine is also a major producer. However, exports… Continue reading Wheat exports: India to send delegations to 9 countries
Andaman and Nicobar islands to get gas plant
What is the News? The Ministry of Environment, Forests and Climate Change has approved gas-powered plants to be set up in Andaman and Nicobar Islands. Background In 2019, the Government of India notified the Island Coastal Zone Regulation(ICRZ). It declared certain coastal stretches as ‘Coastal Regulation Zone’ and imposed restrictions on setting up and expanding… Continue reading Andaman and Nicobar islands to get gas plant
Coir is the best example of ‘Waste to Wealth’, says Union Minister for MSME
What is the News? The Ministry of Micro, Small and Medium Enterprises(MSME) inaugurated the ‘Enterprise India National Coir Conclave 2022’ at Coimbatore, Tamil Nadu. What is Coir? Coir is a versatile natural fibre extracted from mesocarp tissue or husk of coconut fruit. The husk contains 20% to 30% fibre of varying lengths. Coir has been… Continue reading Coir is the best example of ‘Waste to Wealth’, says Union Minister for MSME
Explained: What we know about the new startup policy announced by the Delhi government
What is the News? Delhi Cabinet has passed an ambitious Delhi Startup Policy which it hopes would turn the capital into an international startup hub. What is Delhi Startup Policy? Aim: To enable Delhi to emerge as a Global Innovation Hub and the most preferred destination for Startups by 2030 by creating an enabling ecosystem… Continue reading Explained: What we know about the new startup policy announced by the Delhi government
Explained: Why Punjab’s DSR push matters, how much groundwater will it save
Why in the News? Punjab government announced Rs 1,500 incentive per acre for farmers opting for Direct Seeding of Rice (DSR). What is Direct Seeding of Rice(DSR)? Direct seeding is a method under which pre-germinated seeds are directly drilled into the field by a tractor-powered machine. DSR is also called the ‘broadcasting seed technique’. How… Continue reading Explained: Why Punjab’s DSR push matters, how much groundwater will it save
Joblessness on the rise in India
What is the News? There has been a massive increase in joblessness of at least 10 million due to COVID-19 on top of the 30 million already unemployed in 2019. What are the key highlights from the article? Less number of Non-Farm Jobs Generated According to the Periodic Labor Force Survey(PLFS), the number of new… Continue reading Joblessness on the rise in India
National Open Access Registry(NOAR) goes live successfully
What is the News? National Open Access Registry(NOAR) has successfully gone live from 1st May 2022. What is the National Open Access Registry(NOAR)? Launched by: Ministry of Power. Purpose: It is a centralized online platform through which short-term open access to the interstate transmission system is being managed in India. The platform is accessible to… Continue reading National Open Access Registry(NOAR) goes live successfully
Railways restructuring to lead to closure of wings
What is the News? Indian Railways has announced the closure of the Special Railway Establishment for Strategic Technology and Holistic Advancement (SRESTHA), Lucknow. What is the SRESTHA? It is a research unit set up in 2016 as a part of the Research Designs and Standards Organization(RDSO). Purpose: It was tasked with the role of taking… Continue reading Railways restructuring to lead to closure of wings
APEDA launches gluten-free millet products for all age groups at affordable prices
What is the News? Agricultural & Processed Food Products Export Development Authority(APEDA) has launched a variety of millet products for all age groups at affordable prices ranging from Rs 5 to Rs 15 at the AAHAR food fair. What is AAHAR Food Fair? AAHAR is Asia’s biggest B2B international food and hospitality fair. Organized by:… Continue reading APEDA launches gluten-free millet products for all age groups at affordable prices
