Source: The post is based on the article “Combined Index of Eight Core Industries increases by 8.0% (provisional) in July 2023 as compared to the Index of July 2022” published in PIB 1st September 2023 What is the News? The combined Index of Eight Core Industries (ICI) has increased by 8.0% (provisional) in July 2023… Continue reading Combined Index of Eight Core Industries increases by 8.0% (provisional) in July 2023 as compared to the Index of July 2022
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 Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation
Source: The post is based on the article “Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation” published in PIB on 28th August 2023 Contents1 What is the News?2 What is Pradhan Mantri Jan Dhan Yojana(PMJDY)?3 What is the impact of PMJDY?4 What are the achievements… Continue reading Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completes nine years of successful implementation
Government imposes restrictions on export of Basmati rice
Source: The post is based on the article “Government imposes restrictions on export of Basmati rice” published in The Hindu on 28th August 2023 Contents1 What is the News?2 Why has the government imposed restrictions on export of Basmati rice?3 Why has India banned the export of non-basmati white rice?4 Why is India crucial to… Continue reading Government imposes restrictions on export of Basmati rice
Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC’
Source: The post is based on the article “Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC” published in PIB on 25th August 2023. What is the News? The Committee of Experts appointed by the International Financial Services Centres Authority (IFSCA) to explore ‘Onshoring the Indian Innovation to Gujarat International Finance Tec-city International… Continue reading Committee of Experts to ‘Onshoring the Indian Innovation to GIFT IFSC’
PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce
Source: The post is based on the article “PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce” published in PIB on 24th August 2023. What is the News? According to the Centre for Monitoring Indian Economy (CMIE), there has been a noticeable shift in India’s workforce… Continue reading PLFS data elucidates a burgeoning trend of youth and individuals from varied age groups actively embracing the workforce
Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests
Source: The post is based on the article “Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests” published in Indian Express on 22nd August 2023. Contents1 What is the News?2 About the committee to examine stalled Real Estate projects:3 What is the status of housing projects?4 What are the recommendations given… Continue reading Developers, financiers will have to take ‘haircuts’: Committee on stalled housing projects suggests
Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin
Source: The post is based on the article “Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin” published in Indian Express on 23rd August 2023. What is the News? The Finance Ministry has released its monthly economic review for July,2023. What are the key observations made by the Finance Ministry? Food… Continue reading Price hike on some food items transitory, elevated inflation warrants greater vigil: FinMin
UP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom
Source: The post is based on the article “UP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom” published in Indian Express on 20th August 2023. What is the News? According to a study by the Reserve Bank of India (RBI), five states accounted for more than half of the total bank-assisted… Continue reading UP, Gujarat among top 5 states in new investments; Kerala, Assam at bottom
What is RBI’s new pilot for frictionless credit?
Source: The post is based on the article “What is RBI’s new pilot for frictionless credit?” published in The Hindu on 21st August 2023. Contents1 What is the News?2 What is Frictionless credit?3 Why Frictionless credit needed?4 What are the expected benefits of this platform? What is the News? The Reserve Bank of India (RBI)… Continue reading What is RBI’s new pilot for frictionless credit?
RBI launches web portal for searching unclaimed deposits
Source: The post is based on the article “RBI launches web portal for searching unclaimed deposits” published in Indian Express on 18th August 2023. What is the News? The Reserve Bank of India(RBI) has launched the UDGAM Portal. What is UDGAM Portal? UDGAM stands for Unclaimed Deposits – Gateway to Access information. Purpose: To aid… Continue reading RBI launches web portal for searching unclaimed deposits
