Source- This post on “Government Takes Major Step Towards Digitising Agriculture” has been created based on the article “Govt takes a big leap towards digitising agriculture” published in “The Indian express” on 24th July, 2024. Why in news? Recently, Union Finance Minister Nirmala Sitharaman announced the rollout of Digital Public Infrastructure (DPI) for the agricultural sector.… Continue reading Government Takes Major Step Towards Digitising Agriculture
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.
Credit Guarantee Scheme for MSMEs
Source- This post on the Credit Guarantee Scheme for MSMEs has been created based on the article “Budget’s big MSME push: New credit rating mechanism for smaller units; Mudra loan limit hiked” published in “Indian Express” on 24 July 2024. Why in the news? Finance Minister Nirmala Sitharaman recently unveiled several key measures aimed at boosting… Continue reading Credit Guarantee Scheme for MSMEs
Upper Karnali Hydro-Electric Power Project
Source- This post on the Upper Karnali Hydro-Electric Power Project has been created based on the article “IREDA to invest ₹290 crore in Nepal’s 900 MW hydroelectric project” published in “Economic Times” on 23 July 2024. Why in the news? The Indian Renewable Energy Development Agency Limited (IREDA) is investing approximately ₹290 crore in the… Continue reading Upper Karnali Hydro-Electric Power Project
Key Highlights of Economic Survey 2023-24
Source- This post on the Key Highlights of Economic Survey 2023-24 has been created based on the article “Economic Survey 2023-24: Indian economy likely to grow by 6.5% to 7% this year” published in “The Hindu” on 23 July 2024. Why in the news? The recently released Economic Survey projects India’s real GDP growth to… Continue reading Key Highlights of Economic Survey 2023-24
Economic Survey 2023-24 highlights on Railway Safety and Signalling
Source- This post on the Economic Survey 2023-24 highlights on Railway Safety and Signalling has been created based on the article “Economic Survey indicates limited progress on safety-related works in railways” published in “The Hindu” on 22 July 2024. Why in the news? The economic Survey 2023-24 highlighted limited progress on Railway Safety Initiatives. Key… Continue reading Economic Survey 2023-24 highlights on Railway Safety and Signalling
National Bank for Financing Infrastructure and Development (NaBFID)
Source- This post on the National Bank for Financing Infrastructure and Development (NaBFID) has been created based on the article “National Bank for Financing Infrastructure and Development (NaBFID)” published on “Mint” on 19 July 2024. Why in the news? The government wants to increase the capital base of the National Bank for Financing Infrastructure and Development,… Continue reading National Bank for Financing Infrastructure and Development (NaBFID)
Increase in India’s foreign currency assets (FCA)
Source- This post on the Increase in India’s foreign currency assets (FCA) has been created based on the article “Return on foreign currency assets doubles in two years” published in “The Indian Express” on 16 July 2024. Why in the news? The return on India’s foreign currency assets (FCA) has doubled over the past two… Continue reading Increase in India’s foreign currency assets (FCA)
RBI updated rules on fraud risk management
Source- This post on the Updated rules of RBI on fraud risk management has been created based on the article “RBI revises rules on fraud risk management” published in “The Hindu” on 16 July 2024. Why in the news? The Reserve Bank of India (RBI) has updated its rules on fraud risk management for various… Continue reading RBI updated rules on fraud risk management
Status of India’s Merchandise and Services Export
Source: The post on “Status of India’s Merchandise and Services Export” has been created, based on the article “Imports continue to outpace growing exports; trade deficit widens by 9.4%” published in “The Hindu” on 16th July 2024 Why in news? The Commerce Ministry has reported that India’s merchandise exports has grown for the third consecutive… Continue reading Status of India’s Merchandise and Services Export
Coal Ministry Signs Agreements for Three Coal Mines
Source- This post on the Coal Ministry Signs Agreements for Three Coal Mines has been created based on the article “Coal Ministry Signs Agreements for Three Coal Mines” published in “PIB” on 16 July 2024. Why in the news? Recently, the Ministry of Coal has signed agreements for three coal mines under the Second Attempt of… Continue reading Coal Ministry Signs Agreements for Three Coal Mines
