Category: Factly – Indian Economy

Source: The post is based on the article “Godavari estuary has become prime habitat for Indian skimmer: expert” published in The Hindu on 12th January 2023 Contents1 What is the News?2 What is an Indian Skimmer?3 What is Great Knot?4 What are Caspian Terns?5 What is Godavari Estuary? What is the News? The Godavari estuary… Continue reading Godavari estuary has become prime habitat for Indian skimmer: expert

Source: The post is based on the article “Centre earmarks ₹2,600 crore as incentive for banks to promote digital payments” published in The Hindu on 12th January 2023 Contents1 What is the News?2 How will the scheme promote payments using RuPay cards and the Unified Payments Interface (UPI)?3 What is Unified Payments Interface(UPI)?4 What are… Continue reading Centre earmarks ₹2,600 crore as incentive for banks to promote digital payments

Source: The post is based on the article “RBI’s revised guidelines for locker management” published in The Hindu on 11th January 2023 What is the News? The Reserve Bank of India (RBI) has released revised bank locker rules. The rules will take effect from January 1, 2023. Why were these revised bank locker rules released… Continue reading RBI’s revised guidelines for locker management

Source: The post is based on the article “To boost ‘Make in India’, Centre flags unfair tender norms” published in The Hindu on 6th January 2023 What is the News? The Union government has flagged over a dozen restrictive and discriminatory conditions which prevented local suppliers from participating in bidding processes initiated by its various… Continue reading To boost ‘Make in India’, Centre flags unfair tender norms