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)
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.
‘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
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
Lab grown fish meat
Source-This post on lab grown fish meat has been created based on the article “How to grow seafood outside the sea — and why a Govt lab in Kochi has taken up this project” published in “The Indian Express” on 30 January 2024. Why in the news? The ICAR-CMFRI in Kochi has partnered with a… Continue reading Lab grown fish meat
