Source: The post is based on the article “Explained: What is moonlighting and if it’s legal in India” published in TOI in 24th August 2022. Contents1 What is the News?2 What is Moonlighting?3 Why do people moonlight?4 What are the arguments against moonlighting?5 Can employees be fired because of moonlighting? What is the News? Swiggy… Continue reading Explained: What is moonlighting and if it’s legal in India
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.
New ODI regulations: Govt allows investment in financial services abroad
Source: The post is based on the article “New ODI regulations: Govt allows investment in financial services abroad” published in Business Standard on 24th August 2022. What is the News? The Finance Ministry has released the Foreign Exchange Management (Overseas Investment) Rules, 2022. The rules are aimed at easing rules for domestic firms that want… Continue reading New ODI regulations: Govt allows investment in financial services abroad
Commerce Minister releases report on ‘Restructuring of Department of Commerce’
Source: The post is based on the article “Commerce Minister releases report on Restructuring of Department of Commerce” published in PIB on 23rd August 2022. What is the News? The Union Minister of Commerce and Industry has released the ‘Department of Commerce Restructuring Dossier’. What is the purpose of the “Department of Commerce Restructuring Dossier”… Continue reading Commerce Minister releases report on ‘Restructuring of Department of Commerce’
Govt awards GI tag to Mithila Makhana for ‘farmer’s profit’
Source: The post is based on the article “Govt awards GI tag to Mithila Makhana for ‘farmer’s profit’” published in Indian Express on 21st August 2022. What is the News? The Government of India has awarded the Geographical Indication(GI) tag to Mithila Makhana. What is Mithila Makhana? Makhana is a special variety of aquatic cash… Continue reading Govt awards GI tag to Mithila Makhana for ‘farmer’s profit’
Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by
Source: The post is based on the article “Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by” published in Economic Times on 17th August 2022. What is the News? On August 15, the Indian Railways conducted a test run of its latest train called Super Vasuki. What is Super Vasuki?… Continue reading Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by
Big bang privatization of banks can be harmful: RBI article
Source: The post is based on the article “Big bang privatization of banks can be harmful: RBI article” published in The Hindu on 18th August 2022. What is the News? The Reserve Bank of India(RBI) has published a bulletin which suggests that a big bang approach to privatization of government-owned banks may do more harm… Continue reading Big bang privatization of banks can be harmful: RBI article
Union Cabinet approves interest subvention scheme for agriculture loans
Source: The post is based on the article “Union Cabinet approves interest subvention scheme for agriculture loans” published in TOI on 17th August 2022. What is the News? The Union Cabinet has approved the Modified Interest Subvention Scheme(MISS). What is the Modified Interest Subvention Scheme(MISS)? Background: Kisan Credit Card scheme was introduced by the Government… Continue reading Union Cabinet approves interest subvention scheme for agriculture loans
Aqua Bazar Online Marketplace App for Fish Farmers Launched by Fisheries Minister
Source: The post is based on the article “Aqua Bazar Online Marketplace App for Fish Farmers Launched by the Fisheries Minister” published in NDTV on 19th August 2022. What is the News? The Union Minister of Fisheries, Animal Husbandry and Dairying has launched Aqua Bazar App. What is Aqua Bazar App? It is an online… Continue reading Aqua Bazar Online Marketplace App for Fish Farmers Launched by Fisheries Minister
Tilapia Fish: Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project
Source: The post is based on the article “Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project” published in PIB on 18th August 2022. Contents1 What is the News?2 What is Tilapia Fish?3 What is the aquaculture project for the production of Tilapia Fish?4 What is… Continue reading Tilapia Fish: Inspired by Pradhan Mantri Matsya Sampada Yojana, and to bring ‘Blue Revolution’ TDB-DST supports its first aquaculture project
Recovery in youth employment continues to lag worldwide: ILO report
Source: The post is based on the article “Recovery in youth employment continues to lag worldwide: ILO report” published in Business Standard on 13th August 2022. Contents1 What is the News?2 What are the key findings of the report?3 Other Key Findings of the report4 What is Not in employment, education or training(NEET)? What is… Continue reading Recovery in youth employment continues to lag worldwide: ILO report

