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.

Annual Survey of Industries

Source-This post on Annual Survey of Industries (ASI) has been created based on the article “Manufacturing sector saw employment, profits improve despite pandemic blows: Survey” published in “The Indian Express” on 6 February 2024. Why in the news? MoSPI has recently released the results of Annual Survey of Industries (ASI) for the reference periods April… Continue reading Annual Survey of Industries

Current Paytm Payments Bank Issue

Source-This post on Paytm Payments Bank has been created based on the article “RBI places additional curbs on Paytm Payments Bank amid ‘persistent non-compliances’ published in “Business Today” on 31 January 2024. Why in The News? Current Paytm Payments Bank Issue, The Reserve Bank of India recently placed additional restrictions on Paytm Payments Bank Ltd… Continue reading Current Paytm Payments Bank Issue

Input Service Distributor in GST

Source-This post on Input Service Distributor has been created based on the article “Finance Bill 2024: Know Proposed manner of Distribution of Credit by Input Service Distributor under GST” published in “TAXSCAN” on 1 February 2024. Why in The News? An amendment has been proposed under Finance Bill 2024 for mandatory Input Service Distributor registration… Continue reading Input Service Distributor in GST

Interim Budget 2024: India increases allocation for Maldives

Source-This post on India increases allocation for Maldives is based on the article “India increasing allocation for Maldives, ₹400 crore revised to ₹770.9 crore” published in “The Hindu” on 1st February, 2024. Why in the News? In the interim budget of 2024, Maldives received a significant portion of the annual allocation for the Ministry of… Continue reading Interim Budget 2024: India increases allocation for Maldives

Market Access Initiative (MAI) scheme

Source-This post on Market Access Initiative (MAI) scheme has been created based on the article “Interim Budget 2024: Exporters seek higher allocation for MAI scheme” published in “Business Standard” on 29 January 2024. Why in the news? Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for… Continue reading Market Access Initiative (MAI) scheme

Foreign Portfolio Investors (FPI) disclosure norms deadline extended

Source-This post is based on the article “FPI disclosure norms deadline extended: Why is SEBI seeking investor data?” published in “The Indian Express” on 26th January 2024. Why in the News? The Securities and Exchange Board of India (SEBI) has extended the timeframe for Foreign Portfolio Investors (FPIs) to reveal details about all entities with… Continue reading Foreign Portfolio Investors (FPI) disclosure norms deadline extended

RBI guidelines on State guarantees

Source-This post is based on the article “RBI’s guidelines on State ‘guarantees’ on borrowings ” published in “The Hindu” on 27th January 2024. Why in the News? A working group formed by the Reserve Bank of India (RBI) put forth recommendations to tackle issues regarding guarantees provided by State governments. What defines a ‘state guarantee’?… Continue reading RBI guidelines on State guarantees

Investment Forum for Advancing Climate Resilient Agrifood Systems in India launched

Source-This post is based on the article “Investment Forum for Advancing Climate Resilient Agrifood Systems in India Launched” published in “PIB” on 24th January 2024. Why in the News? Recently, the ‘Investment Forum for Advancing Climate-Resilient Agrifood Systems in India’ was launched in New Delhi. What is Investment Forum for Advancing Climate Resilient Agrifood Systems… Continue reading Investment Forum for Advancing Climate Resilient Agrifood Systems in India launched

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