Source: The post is based on the article “India said to aim for $17 bln cut in food, fertiliser subsidies in FY24” published in The Hindu on 3rd January 2023 What is the News? The Government of India has planned to reduce food and fertilizer subsidies in this fiscal year starting April 2023. About India’s… Continue reading India said to aim for $17 bln cut in food, fertiliser subsidies in FY24
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.
Two views on demonetisation: What the Supreme Court’s demonetisation verdict says
Source: The post is based on the article “Two views on demonetisation: What the Supreme Court’s demonetisation verdict says” published in Indian Express on 3rd January 2023 Contents1 What is the News?2 What is Demonetization?3 What was the majority view on Demonetization?4 What was the minority view on Demonetization? What is the News? The Supreme… Continue reading Two views on demonetisation: What the Supreme Court’s demonetisation verdict says
Centre, States to join hands to promote millets consumption
Source: The post is based on the article “Centre, States to join hands to promote millets consumption” published in The Hindu on 1st January,2023 Contents1 What is the News?2 What are Millets?3 What is the importance of Millet in India?4 What has the Government of India planned to do to promote millets in 2023? What… Continue reading Centre, States to join hands to promote millets consumption
DESH Bill may let companies have obligation of choice: Govt official
Source: The post is based on the article “DESH Bill may let companies have obligation of choice: Govt official” published in the Business Standard on 26th December 2022. What is the News? The Development of Enterprises and Services Hub (DESH) Bill, 2022 will ensure better economic performance, spur economic growth and people awareness. About the… Continue reading DESH Bill may let companies have obligation of choice: Govt official
What are millets, the grains on PM Narendra Modi’s lunch menu?
Source: The post is based on the article “What are millets, the grains on PM Narendra Modi’s lunch menu?” published in Indian Express on 22nd December 2022 Contents1 What is the News?2 What are millets, India’s indigenous foodgrains?3 Where are millets produced in India?4 What are the benefits of Millets? What is the News? 2023… Continue reading What are millets, the grains on PM Narendra Modi’s lunch menu?
About global minimum tax: The minimum tax on big businesses
Source: The post is based on the article “The minimum tax on big businesses” published in The Hindu on 20th December 2022 Contents1 What is the News?2 What have EU members agreed on?3 What is the need for a global minimum tax?4 How do the countries view global minimum tax?5 What are the benefits and… Continue reading About global minimum tax: The minimum tax on big businesses
Govt plans to raise duty on non-essential goods
SoGovt plans to raise duty on non-essential goods: The post is based on the article “Govt plans to raise duty on non-essential goods” published in Indian Express on 19th December 2022 What is the News? The Government of India is planning to regulate imports of “non-essential items” through hikes in import duties. Trade Deficit of… Continue reading Govt plans to raise duty on non-essential goods
Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot
Source: The post is based on the article “Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot” published in AIR on 19th December 2022 What is the News? Ladakh got its first ever Geographical Indication (GI) Tag to its Raktsey Karpo Apricot. Apricot Production in Ladakh Ladakh is the biggest apricot producer in the… Continue reading Ladakh gets its first-ever GI Tag to its Raktsey Karpo Apricot
Centre draws flak from Parliamentary panel over state of onion silos
Source: The post is based on the article “Centre draws flak from Parliamentary panel over state of onion silos” published in Down To Earth on 16th December 2022 Contents1 What is the News?2 Why does the price of onions fluctuate in India?3 What are the observations made by the Parliamentary Panel on Onion Shortage?4 What… Continue reading Centre draws flak from Parliamentary panel over state of onion silos
Year End Review 2022: Ministry of Communications
Source: The post is based on the article “Year End Review 2022: Ministry of Communications” published in PIB on 16th December 2022 What is the News? The Ministry of Communications has launched several initiatives and schemes in 2022. What are the schemes and initiatives launched by the Ministry of Communications in 2022? 5G spectrum auction Indigenous… Continue reading Year End Review 2022: Ministry of Communications
