Source: The post is based on the article “Most train accidents due to human error, not sabotage” published in the Livemint on 9th June 2023 What is the News? The Parliamentary Standing Committee on Railways submitted a report about train accidents months before the Odisha train tragedy. What are the key findings of the Parliamentary Standing Committee on train… Continue reading Most train accidents due to human error, not sabotage
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.
BSNL’s third revival package: Union Cabinet approves allotment of 4G/5G Spectrum to BSNL
Source: The post is based on the article “BSNL’s third revival package: Union Cabinet approves allotment of 4G/5G Spectrum to BSNL” published in the PIB on 7th June 2023 Contents1 What is the News?2 What are the key aspects of BSNL’s revival package?3 What are the potential benefits of BSNL’s third revival package?4 About the performance of BSNL’s previous revival packages… Continue reading BSNL’s third revival package: Union Cabinet approves allotment of 4G/5G Spectrum to BSNL
Why is CRS, the body investigating the Odisha rail accident, under the Aviation Ministry
Source: The post is based on the article “Why is CRS, the body investigating the Odisha rail accident, under the Aviation Ministry” published in the Indian Express on 7th June 2023 Contents1 What is the News?2 What is the Commission of Railway Safety (CRS)?3 Why CRS is kept under the Ministry of Civil Aviation (MoCA)?4 What is the evolution… Continue reading Why is CRS, the body investigating the Odisha rail accident, under the Aviation Ministry
RBI Committee on customer care: RBI panel raises alarm on poor customer care
Source: The post is based on the article “RBI panel raises alarm on poor customer care” published in the Live Mint on 6th June 2023 Contents1 What is the News?2 About the RBI Committee on customer care3 What are the key issues highlighted by the RBI Committee on customer care?4 What are the recommendations of the RBI Committee on… Continue reading RBI Committee on customer care: RBI panel raises alarm on poor customer care
How India has become relatively atmanirbhar in Pulses compared to Edible Oil
Source: The post is based on the article “How India has become relatively atmanirbhar in Pulses compared to Edible Oil” published in the Indian Express on 5th June 2023 Contents1 What is the News?2 About India’s import of edible oil and pulses3 What led to the decrease in pulses imports?4 What is still a cause of concern… Continue reading How India has become relatively atmanirbhar in Pulses compared to Edible Oil
WTO flags poor use of India’s preferential scheme for LDCs
Source: The post is based on the article “WTO flags poor use of India’s preferential scheme for LDCs” published in the Business Standard on 03rd June 2023 What is the News? According to a recent report, about 85% of about 11,000 products offered at zero tariff by India to least developed countries (LDCs) under the duty-free quota-free… Continue reading WTO flags poor use of India’s preferential scheme for LDCs
Oil reserves in salt caverns: The potential in India
Source: The post is based on the article “Oil reserves in salt caverns: The potential in India” published in the Indian Express on 03rd June 2023 Contents1 What is the News?2 About India’s present strategic oil reserves3 How are salt cavern-based reserves different from rock cavern-based reserves?4 What is the global example of salt cavern-based reserves?5… Continue reading Oil reserves in salt caverns: The potential in India
IRDAI eyes insurance push in rural areas with ‘Bima Vahak’
Source: The post is based on the article “IRDAI eyes insurance push in rural areas with ‘Bima Vahak’” published in The Hindu on 3rd June 2023 Contents1 What is the News?2 About the all-in-one insurance policy3 Who are Bima Vaahaks?4 About the draft guidelines on Bima Vaahaks5 What will be the expected benefits of Bima Vaahaks?6 What will be the expected… Continue reading IRDAI eyes insurance push in rural areas with ‘Bima Vahak’
RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?
Source: The post is based on the article “RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?” published in the Indian Express on 1st June 2023 Contents1 What is the News?2 What is the evergreening of loans?3 What are the approaches used by banks for evergreening loans?4 What does the evergreening of loans mean?5 What… Continue reading RBI governor cautions against evergreening of loans: Are banks, corporates still window-dressing loans?
India-Russia joint venture on Vande Bharat trains hits hurdle
Source: The post is based on the article “India-Russia joint venture on Vande Bharat trains hits hurdle” published in The Hindu on 2nd June 2023 Contents1 What is the News?2 What are the Vande Bharat trains?3 About India-Russia joint venture on Vande Bharat trains4 What are the problems faced by India-Russia joint venture on Vande Bharat trains? What is the… Continue reading India-Russia joint venture on Vande Bharat trains hits hurdle
