Source: The post is based on the article “How a WTO provision became a tool for nations to curb imports” published in Business Standard on 9th August 2023. What is the News? The Government of India has recently imposed restrictions on the import of laptops, tablets, and personal computers. The new regulations mandate Companies to… Continue reading How a WTO provision became a tool for nations to curb imports
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.
PM to launch revamp of 508 railway stations at ₹24,470 crore
Source: The post is based on the article “PM to launch revamp of 508 railway stations at ₹24,470 crore” published in The Hindu on 7th August 2023. What is the News? The Prime Minister will lay the foundation stone for the redevelopment of 508 railway stations spread across the country. These stations were part of… Continue reading PM to launch revamp of 508 railway stations at ₹24,470 crore
Remove wheat import duty till Feb for food security: FCI
Source: The post is based on the article “Remove wheat import duty till Feb for food security: FCI” published in Livemint on 5th August 2023. What is the News? Food Corporation of India(FCI) has recommended the government to remove import duty on wheat till February 2024. Why has the Food Corporation of India(FCI) asked the… Continue reading Remove wheat import duty till Feb for food security: FCI
Centre restricts laptop, PC and tablet imports; calls for license
Source: The post is based on the article “Centre restricts laptop, PC and tablet imports; calls for license” published in The Hindu on 5th August 2023. Contents1 What is the News?2 What does the HSN Code 8471 say?3 What are the exemptions provided under this order?4 Why has the government imposed these restrictions?5 What is… Continue reading Centre restricts laptop, PC and tablet imports; calls for license
Under the Startup India initiative, ‘Action Plan’ for Startups unveiled to create a vibrant startup ecosystem in the country
Source: The post is based on the article “Under the Startup India initiative, ‘Action Plan’ for Startups unveiled to create a vibrant startup ecosystem in the country” published in PIB on 2nd August 2023. What is the News? The Union Minister of State for Commerce and Industry has informed Lok Sabha about the various programs… Continue reading Under the Startup India initiative, ‘Action Plan’ for Startups unveiled to create a vibrant startup ecosystem in the country
Roadmap to making India a $5 trillion economy
Source: The post is based on the article “Roadmap to making India a $5 trillion economy” published in PIB on 1st August 2023. What is the News? Government has informed the Lok Sabha about the steps taken to make India a $5 trillion economy. What is the roadmap of the government to make India a… Continue reading Roadmap to making India a $5 trillion economy
ADB, India sign $200 million loan for expanding urban services in Rajasthan
Source: The post is based on the article “ADB, India sign $200 million loan for expanding urban services in Rajasthan” published in PIB on 28th July 2023. What is the News? The Government of India and Asian Development Bank (ADB) today signed a $200 million loan as additional financing for the ongoing Rajasthan Secondary Towns… Continue reading ADB, India sign $200 million loan for expanding urban services in Rajasthan
What is Urea Gold launched by PM in Rajasthan
Source: The post is based on the article “What is Urea Gold launched by PM in Rajasthan” published in CNBCTV18 on 27th July 2023. What is the News? The Prime Minister has launched “Urea Gold” during an event in Rajasthan. What is Urea Gold? Urea Gold is a new variety of Urea fertilizer that is… Continue reading What is Urea Gold launched by PM in Rajasthan
National Waterways Project
Source: The post is based on the article “National Waterways Project” published in PIB on 28th July 2023. What is the News? The Union Minister for Ports, Shipping and Waterways has informed Lok Sabha about the initiatives taken for developing National Waterways. National Waterways for cargo and passenger movement: Currently, 111 waterways, including 5 existing… Continue reading National Waterways Project
PM says India can become hub of chip-making industry
Source: The post is based on the article “PM says India can become hub of chip-making industry” published in The Hindu on 29th July 2023. What is the News? The Prime Minister has inaugurated the ‘Semicon India 2023’ conclave in Gujarat. This is the second edition of the conference, which was first held in 2022.… Continue reading PM says India can become hub of chip-making industry
