Source: The post is based on the article “WCO-IAPH guidelines for customs, ports released” published in “Business Standard” on 3rd November 2023 Why in the News? The World Customs Organization (WCO) and the International Association of Ports and Harbors (IAPH) released the first ever Guidelines on Cooperation between Customs and Port Authorities. What is the… Continue reading WCO-IAPH guidelines for customs, ports released
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.
Foreign listing: pros and cons for firms, investors
Source: The post is based on the article “Foreign listing: pros and cons for firms, investors” published in “Live mint” on 6th November 2023 Why in the News? The Ministry of Corporate Affairs has allowed certain unlisted companies to directly list on foreign stock exchanges. Note: Till now, only companies listed in India could seek… Continue reading Foreign listing: pros and cons for firms, investors
Prime Minister inaugurates World Food India 2023
Source: The post is based on the article “Prime Minister inaugurates World Food India 2023” published in “PIB” on 3rd November 2023 Why in the News? The Prime Minister has inaugurated the second edition of the ‘World Food India 2023’ in New Delhi. What is World Food India 2023? Specification Details Organized by Ministry of… Continue reading Prime Minister inaugurates World Food India 2023
Why the Lewis Model on labour and industrialisation has worked in China, not in India
Source: The post is based on the article “Why the Lewis Model on labour and industrialisation has worked in China, not in India” published in “Indian Express” on 31st October 2023 Why in the News? The Lewis Model which expected a shift of surplus labor from agriculture to manufacturing hasn’t occurred as anticipated in India.… Continue reading Why the Lewis Model on labour and industrialisation has worked in China, not in India
‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT
Source: The post is based on the article “‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT” published in “The Hindu” on 27th October 2023 Why in the News? Central Board of Direct Taxes(CBDT) has released data on India’s Tax base. What are the key highlights from the CBDT’s data? Source: The Hindu 1.Widening Tax… Continue reading ‘Super rich’ incomes’ share ebbing amid middle-class mobility: CBDT
Global Tax Evasion Report 2024
Source: The post is based on the article “Global Tax Evasion Report 2024” published in “EU” on 27th October 2023 Why in the News? The European Union Tax Observatory has released ‘Global Tax Evasion Report 2024’. What is the Global Tax Evasion Report 2024? Released by: European Union Tax Observatory Aim: To discuss tax evasion,… Continue reading Global Tax Evasion Report 2024
2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion
Source: The post is based on the article “2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion ” published in “Hindu Businessline” on 26th October 2023 Why in the News? Shanti Raghavan is the recipient of the Business Line Changemakers Award in 2020. She leads an organization called EnAble… Continue reading 2020 Winner: Changemaker Social Transformation – Shanti Raghavan Developing a ‘purple economy’ for disability inclusion
PM flags off RRTS: What is this mass transport system, how it can benefit NCR
Source: The post is based on the article “PM flags off RRTS: What is this mass transport system, how it can benefit NCR” published in “Indian Express” on 20th October 2023 What is the News? The Prime Minister has inaugurated the first leg of the Regional Rapid Transit System (RRTS). Note: RRTS has now been… Continue reading PM flags off RRTS: What is this mass transport system, how it can benefit NCR
Why a Supreme Court order on telcos’ licence fee tax has the industry worried
Source: The post is based on the article “Why a Supreme Court order on telcos’ licence fee tax has the industry worried” published in “Indian Express” on 20th October 2023 What is the News? The Supreme Court has ruled that payment of entry fee as well as variable annual license fee made by telecom companies… Continue reading Why a Supreme Court order on telcos’ licence fee tax has the industry worried
Final estimates of production of major crops released for the year 2022-23
Source: The post is based on the article “Final estimates of production of major crops released for the year 2022-23” published in “PIB” on 19th October 2023 What is the News? The Department of Agriculture and Farmers Welfare has released the Final Estimates of production of major crops for the year 2022-23. What is the… Continue reading Final estimates of production of major crops released for the year 2022-23
