Source: The post is based on the article “Surety Bond: NHAI Accepts First Insurance Surety Bond as Bid Security for NHAI TOT Bid for Monetization” published in “PIB” on 11th November 2023 Why in the News? National Highways Authority of India(NHAI) has accepted Insurance Surety Bond for the monetization program of the upcoming bid of… Continue reading Surety Bond: NHAI Accepts First Insurance Surety Bond as Bid Security for NHAI TOT Bid for Monetization
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.
Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)
Source: The post is based on the article “Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)” published in “Economic Times” on 8th November 2023 Why in the News? Prime Minister has announced that Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) will be extended for another five years i.e till December,2028. What is Pradhan Mantri Garib Kalyan… Continue reading Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)
National Coal Index
Source– This post “National Coal Index” is based on the article”National Coal Index Increases by 3.83 points in September” published in “PIB” on 7th November 2023. Why in News? The National Coal Index (NCI) has increased first time since April 2023. What is National Coal Index? Specification Details Started in 4th June 2020 Started by… Continue reading National Coal Index
Grey Infrastructure
Source: This post “Grey Infrastructure” is based on the article “Introduction to green infrastructure and grey infrastructure” published in “Alberta Water Portal Society” on 7 September 2023. Why in News? Both green infrastructure and grey infrastructure can play an important role in water management. Therefore, it is important to understand the advantages and challenges of… Continue reading Grey Infrastructure
Bharat Atta to cost ₹2 less as govt aims to put lid on prices
Source: The post is based on the article “Bharat Atta to cost ₹2 less as govt aims to put lid on prices” published in “Live Mint” on 7th November 2023 Why in the News? The Government of India has launched a new wheat flour scheme called “Bharat Atta.” What is Bharat Atta? Bharat Atta is… Continue reading Bharat Atta to cost ₹2 less as govt aims to put lid on prices
Krishi 24/7, the first-ever AI-powered solution for automated agricultural news monitoring and analysis
Source: The post is based on the article “Krishi 24/7, the first-ever AI-powered solution for automated agricultural news monitoring and analysis” published in “PIB” on 7th November 2023 Why in the News? Department of Agriculture and Farmers Welfare(DA&FW) has launched Krishi 24/7. What is Krishi 24/7? Aspects Details What is it It is an AI… Continue reading Krishi 24/7, the first-ever AI-powered solution for automated agricultural news monitoring and analysis
WCO-IAPH guidelines for customs, ports released
Source: The post is based on the article “WCO-IAPH guidelines for customs, ports released” published in “Business Standard” on 3rd November 2023 Contents1 Why in the News?2 What is the World Customs Organization(WCO)?3 What is the International Association of Ports and Harbors(IAPH)?4 What are the key recommendations given by WCO-IAPH on cooperation between Customs and… Continue reading WCO-IAPH guidelines for customs, ports released
Foreign listing: pros and cons for firms, investors
Source: The post is based on the article “Foreign listing: pros and cons for firms, investors” published in “Live mint” on 6th November 2023 Contents1 Why in the News?2 Why is there a demand for listing of companies on foreign stock exchanges?3 What are the new regulations brought out by the government now?4 What are… Continue reading Foreign listing: pros and cons for firms, investors
Prime Minister inaugurates World Food India 2023
Source: The post is based on the article “Prime Minister inaugurates World Food India 2023” published in “PIB” on 3rd November 2023 Why in the News? The Prime Minister has inaugurated the second edition of the ‘World Food India 2023’ in New Delhi. What is World Food India 2023? Specification Details Organized by Ministry of… Continue reading Prime Minister inaugurates World Food India 2023
Why the Lewis Model on labour and industrialisation has worked in China, not in India
Source: The post is based on the article “Why the Lewis Model on labour and industrialisation has worked in China, not in India” published in “Indian Express” on 31st October 2023 Contents1 Why in the News?2 What is the Lewis Model in Economic Development?3 Why did the Lewis Model work in China and not in… Continue reading Why the Lewis Model on labour and industrialisation has worked in China, not in India
