Source-This post on Green taxonomy is based on the article “Towards a green growth: On the RBI and a green taxonomy” published in “The Hindu” on 28th March 2024. Why in the news? The latest RBI’s Monetary Policy Report gives primacy to the impact of climate shocks on the economy’s financial stability. This reflects RBI’s step… Continue reading Green taxonomy
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.
Authorised Economic Operator (AEO) programme
Source-This post on Authorised Economic Operator (AEO) programme is based on the article “Centre accords AEO status to gem and jewellery sector” published in “The Hindu” on 28th March 2024. Why in the News? The Gem & Jewellery Export Promotion Council (GJEPC) stated that the government has granted Authorised Economic Operator (AEO) status to the gem… Continue reading Authorised Economic Operator (AEO) programme
India’s Chinese import bill up 2.3 times in 15 years
Source-This post on India’s Chinese import bill up 2.3 times in 15 years is based on the article “Up 2.3 times in 15 years, India’s Chinese import bill to rise further ” published in “The Hindu” on 28th March 2024. Why in the News? According to a report by the Global Trade Research Initiative (GTRI).… Continue reading India’s Chinese import bill up 2.3 times in 15 years
New corporate governance charter for startups
Source-This post on New corporate governance charter for startups is based on the article “CII brings out new corporate governance charter for startups” published in “The Economic times” on 28th March 2024. Why in the News? Recently, The Confederation of Indian Industry (CII) has launched a corporate governance charter for startups. About corporate governance charter for… Continue reading New corporate governance charter for startups
RBI draft rules for payment aggregators
Source- This post on RBI draft rules for payment aggregators has been created based on the article “RBI’s draft rules for payment aggregators” published in “The Hindu” on 24 April 2024. Why in the news? The Reserve Bank of India is proposing new regulations for offline payment aggregators (PAs) to enhance safety. About the payment aggregators:… Continue reading RBI draft rules for payment aggregators
Target to achieve $1 trillion goods exports by 2030
Source- This post on Target to achieve $1 trillion goods exports by 2030 has been created based on the article “Target is to achieve $1 trillion goods exports by 2030: Trade Ministry” published in “The Indain Express” on 24 April 2024. Why in the news? The Ministry of commerce has set a target to achieve $1… Continue reading Target to achieve $1 trillion goods exports by 2030
Selling of Surplus power from linkage coal
Source: The post on Selling of Surplus power from linkage coal is based on the article“Surplus power from “linkage coal” can be sold by thermal stations in the market: Power Ministry tells utilities as summer heat intensifies” published in “The Indian Express” on 24th April 2024. What is the News? Recently, the Ministry of Power has clarified… Continue reading Selling of Surplus power from linkage coal
Gross Fixed Capital Formation
Source– This post on Gross Fixed Capital Formation is based on the article “Why have private investments dropped?” published in “The Hindu” on 19th April 2024. Why in the News? The failure of private investment to pick up pace has been one of the major issues plaguing the Indian economy. About Gross Fixed Capital Formation… Continue reading Gross Fixed Capital Formation
Special Rupee Vostro Account (SRVA)
Source– This post on Special Rupee Vostro Account (SRVA) is based on the article “Payment mechanism for traders importing pulses from Myanmar simplified: Govt”published in “Economic times” on 16th April 2024. Why in the News? India has simplified the payment mechanism for traders importing pulses from Myanmar by facilitating them to use the Rupee/Kyat direct payment… Continue reading Special Rupee Vostro Account (SRVA)
India allows FIIs to Invest in Green Bonds
Source– This post on India allows FIIs to Invest in Green Bonds is based on the article “Why has India Allowed FIIs to Invest in Green Bonds?” published in “The Hindu” on 16th April 2024. Why in the News? Recently, the Reserve Bank of India (RBI) has allowed investments in the country’s Sovereign Green Bonds (SGrBs) by… Continue reading India allows FIIs to Invest in Green Bonds
