Source: The post is based on the article “What are Primary Agricultural Credit Societies?” published in Indian Express on 9th February 2023. Contents1 What is the News?2 What are Primary Agricultural Credit Societies(PACS)?3 What is the lending mechanism of PACS?4 Why are PACS attractive?5 What are the challenges related to PACS? What is the News?… Continue reading What are Primary Agricultural Credit Societies?
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.
Explained | The status and proceeds of disinvestment
Source: The post is based on the article “Explained | The status and proceeds of disinvestment” published in The Hindu on 9th February 2023. Contents1 What is the News?2 What is Disinvestment?3 Why does the government go for disinvestment?4 How has disinvestment fared in India? What is the News? In the Union Budget for 2023-24,… Continue reading Explained | The status and proceeds of disinvestment
NCAER Report on Farm Machinery Industry in India presented to MoS (Agriculture) Ms. Shobha Karandlaje
Source: The post is based on the article “NCAER Report on Farm Machinery Industry in India presented to MoS (Agriculture) Ms. Shobha Karandlaje” published in PIB on 7th February 2023. What is the News? National Council of Applied Economic Research(NCAER) has released a report titled “Making India a Global Power House on Farm Machinery Industry”.… Continue reading NCAER Report on Farm Machinery Industry in India presented to MoS (Agriculture) Ms. Shobha Karandlaje
Why railways around the world are ditching diesel for hydrogen
Source: The post is based on the article “Why railways around the world are ditching diesel for hydrogen” published in TOI on 7th February 2023. Contents1 What is the News?2 What is Hydrogen for Heritage Project?3 What are Hydrogen Trains?4 Why Hydrogen Trains?4.0.0.1 What are the advantages of Hydrogen Trains? What is the News? Indian… Continue reading Why railways around the world are ditching diesel for hydrogen
Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Source: The post is based on the article “Budget 2023: 80,000 start-ups exempt from angel tax, says gov” published in Business Standard on 3rd February 2023 What is the News? The Finance Minister has made several announcements related to the startup sector in the Union Budget 2023-24. What are the announcements made in the Budget… Continue reading Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Union Budget 2023-24: Push for ELS cotton yield to reduce imports
Source: The post is based on the article “Union Budget 2023-24: Push for ELS cotton yield to reduce imports” published in The Hindu on 3rd February 2023 What is the News? The Budget has proposed to enhance the productivity of extra-long staple (ELS) cotton through public-private partnerships. This is meant to lower the import dependence… Continue reading Union Budget 2023-24: Push for ELS cotton yield to reduce imports
Cut in MGNREGS outlay is not a concern: Somanathan
Source: The post is based on the article “Cut in MGNREGS outlay is not a concern: Somanathan” published in The Hindu on 3rd February 2023. What is the News? In the Union Budget 2023-24, the Union Government has reduced the allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme(MGNREGS). What is the MGNREGA allocation… Continue reading Cut in MGNREGS outlay is not a concern: Somanathan
Union Budget 2023-24 Highlights
Source: The post is based on the following articles “SUMMARY OF THE UNION BUDGET 2023-24” and “HIGHLIGHTS OF THE UNION BUDGET 2023-24” published in the PIB on 1st February 2023. “All that you need to know about this year’s budget” and “Agriculture to zero emissions: here’s the budget in 26 letters” published in the Livemint on 2nd February… Continue reading Union Budget 2023-24 Highlights
What Finance Minister’s push to end manual scavenging means
Source: The post is based on the article “What Finance Minister’s push to end manual scavenging means” published in Indian Express on 2nd February 2023. Contents1 What is the News?2 What is Manual Scavenging?3 Deaths due to Manual Scavenging4 What are the steps taken against Manual Scavenging?5 What is the significance of the announcement by… Continue reading What Finance Minister’s push to end manual scavenging means
Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister
Source: The post is based on the article “Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has allocated ₹7,000 crore for the introduction of Phase 3 of the eCourts Project. What is… Continue reading Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister
