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’s Economic Growth and challenges

Source– This post on India’s economic growth and challenges has been created based on the article “India as third-largest economy: It’s quality of jobs that will determine quality of life” published in “Indian Express” on 27th June 2024. Why in the news? Recently, the IMF projected that India is on track to surpass Japan to… Continue reading India’s Economic Growth and challenges

Direct Seeding of Rice

Source-This post on Direct Seeding of Rice has been created based on the article “Why direct seeding of rice (DSR) is yet to pick up in Punjab” published in “The Indian Express” on 18 June 2024. Why in the news? The Punjab government has been actively promoting the DSR or ‘tar-wattar‘ technique for rice cultivation.… Continue reading Direct Seeding of Rice

MD2 Pineapple

Source– This post on MD2 Pineapple is based on the article “APEDA facilitates first Consignment of MD 2 Pineapples from India to UAE” published in “PIB” on 14th June 2024. Why in the News? The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the successful export of the first consignment of MD 2… Continue reading MD2 Pineapple

Household Consumption Expenditure Survey (HCES) Report

Source-This post on HCES Report has been created based on the article “Consumption inequality up in rural areas of 11 states in past decade: HCES” published in “Livemint” on 10 June 2024. Why in News? Recently, the Household Consumption Expenditure Survey (HCES), released its report. It showed that consumption inequality increased in rural areas of 11 states… Continue reading Household Consumption Expenditure Survey (HCES) Report

Digital Payments Intelligence Platform

Source-This post on Digital Payments Intelligence Platform has been created based on the article “Digital payments intelligence platform soon to curb fraud” published in “The Hindu” on 7 June 2024. Why in News? With the rise in digital payment scams, there is a growing need for a collective approach to prevent and manage these issues. Considering the… Continue reading Digital Payments Intelligence Platform

RBI Self-Regulatory Organization Framework for FinTech Firms

Source- This post on RBI Self-Regulatory Organization Framework for FinTech Firms has been created based on the article “RBI specifies framework for SRO for FinTech firms” published in “The Hindu” on 31 May 2024. Why in News? Recently, The Reserve Bank of India (RBI) has introduced a new framework for the recognition of a Self-Regulatory Organization (SRO) for fintech… Continue reading RBI Self-Regulatory Organization Framework for FinTech Firms

How India’s major stock indices work

Source-This post on How India’s major stock indices work has been created based on the article “Adani Ports to enter Sensex: how India’s major stock indices work” published in “Indian Express” on 27 May 2024. Why in News? The Sensex at the Bombay Stock Exchange will include Adani Ports and Special Economic Zone Ltd (APSEZ)… Continue reading How India’s major stock indices work

India’s Trade Deficit in 2023-24

Source-This post on India’s Trade Deficit in 2023-24 has been created based on the article “India records trade deficit with 9 of top 10 trading partners in 2023-24” published in “The Hindu” on 27 May 2024. Why in News? According to the recently released official data, India recorded a trade deficit with nine of its… Continue reading India’s Trade Deficit in 2023-24

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