Source-This post on Govt proposes to hike ministries’ reporting limits for financial expenditure has been created based on the article “After PAC nod, govt proposes to hike ministries’ reporting limits for financial expenditure” published in “The Indian Express” on 19 February 2024. Why in the news? Parliament’s Public Accounts Committee has recently approved the Finance… Continue reading Govt proposes to hike ministries reporting limits for financial expenditure
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.
Global Pulses Conference: India need to augment pulses production
Source: This post on Global Pulses Conference: India need to augment pulses production is based on the article “Global meet urges India to augment production of pulses to meet nutritional requirements” published in “The Hindu” on 15th February 2024. Why in the News? The Global Pulses Conference recently suggested India to augment production of pulses… Continue reading Global Pulses Conference: India need to augment pulses production
India’s farm subsidies under WTO Scrutiny
Source-This post on India’s farm subsidies under WTO Scrutiny is based on the article “India faces WTO pressure on farm subsidies amid protests for minimum support price” published in “The Indian Express” on 15th February 2024. Why in the News? Recently, The Cairns Group has claimed that India’s public stockholding (PSH) program is heavily subsidized.… Continue reading India’s farm subsidies under WTO Scrutiny
Retail Inflation in India
Source– This post on Retail inflation in India has been created based on the article “2024 brings breather on inflation but food prices are still sticky” published in “The Hindu” on 12 February 2024. Why in the news? India’s retail inflation eased to a three-month low of 5.1% recently. Retail Inflation in India About Retail… Continue reading Retail Inflation in India
Tokenization of assets and government bonds
Source-This post on Tokenization of assets and government bonds has been created based on the article “RBI plans tokenization of assets, bonds under wholesale CBDC pilot” published in “Business Standard” on 10 February 2024. Why in the news? The Reserve Bank of India (RBI) plans to explore the tokenization of assets and government bonds as… Continue reading Tokenization of assets and government bonds
Prabhaav Report on performance of Fund of Funds for Start-ups (FFS)
Source- This post on Prabhaav has been created based on the article “Prabhaav: SIDBI unveils the CRISIL study on impact of Fund of Funds on startup ecosystem” published in “Economic Times” on 9 February 2024. Why in the news? The Small Industries Development Bank of India (SIDBI) has recently released the CRISIL study report named… Continue reading Prabhaav Report on performance of Fund of Funds for Start-ups (FFS)
‘Specific duration’ clause in India-EFTA pact
Source-This post on ‘Specific duration’ clause in India-EFTA pact is based on the article “Thorny clause in ripening India-European Free Trade Association deal may hit generic drug industry” published in “The Hindu” on 13th February 2024. Why in the News? A ‘Specific duration’ clause in a free trade agreement draft being discussed between India and… Continue reading ‘Specific duration’ clause in India-EFTA pact
Payment aggregator approval by RBI
Source- This post on Payment aggregator approval by RBI has been created based on the article “Several startups get RBI approval to operate as payment aggregators” published in ” Business Standard“. Why in the news? Two fintech startups Decentro and Juspay have received final authorisation from the RBI for payment aggregator (PA) licences. About Payment aggregator… Continue reading Payment aggregator approval by RBI
DigiReady Certification Portal
Source-This post on DigiReady Certification Portal has been created based on the article “Quality Council of India and Open Network for Digital Commerce launch DigiReady Certification Portal to empower MSMEs and small retailers ” published in “PIB” on 8 February 2024. Why in the news? The Quality Council of India (QCI) and ONDC have recently… Continue reading DigiReady Certification Portal
SARTHI Portal
Source-This post on SARTHI Portal has been created based on the article “Govt launches SARATHI portal to help insurance companies reach out to farmers” published in “Businessline” on 8 February 2024. Why in the news? The Union agriculture minister has recently launched Sarathi portal for insurance products to help farmers. About SARTHI Portal (Sandbox for… Continue reading SARTHI Portal
