Source: The post is based on the article “India got highest aid for trade from developed countries in 2020” published in Business Standard on 2nd August 2022. What is the News? The World Trade Organization(WTO) and Organization for Economic Cooperation and Development(OECD) have released a report titled Aid for Trade at a Glance 2022 report.… Continue reading Aid for Trade at a Glance 2022 report: India got highest aid for trade from developed countries in 2020
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.
Explained: India’s unique jobs crisis
Source: The post is based on the article “Explained: India’s unique jobs crisis” published in Indian Express on 1st August 2022. Contents1 What is the News?2 The decline in the agriculture workforce in India3 Is this a structural transformation?4 What is the impact of this weak structural transformation?5 What was the impact of Covid-19 on… Continue reading Explained: India’s unique jobs crisis
India topped list of trade-related concerns at WTO in 2021 with 35% share
Source: The post is based on the article “India topped list of trade-related concerns at WTO in 2021 with 35% share” published in Business Standard on 30th July 2022. What is the News? The World Trade Organization(WTO) has released its annual report. What are the key takeaways from the report? Trade Related Concerns raised against… Continue reading India topped list of trade-related concerns at WTO in 2021 with 35% share
Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country
Source: The post is based on the article “Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country” published in PIB on 29th July 2022. What is the News? The Ministry of Agriculture & Farmers’ Welfare has launched the 11th Agricultural Census(2021-22). What is the Agriculture Census? The agriculture Census… Continue reading Union Minister of Agriculture and Farmers Welfare launches the 11th Agriculture Census in the country
PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar
Source: The post is based on the article “PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar” published in The Hindu on 30th July 2022. Contents1 What is the News?2 What is India International Bullion Exchange(IIBX)?3 Who can trade on IIBX?4 What are the advantages of Bullion exchange in India? What is the News?… Continue reading PM inaugurates India’s first bullion exchange at GIFT city, Gandhinagar
GIFT City: India’s upcoming economic and financial hub
Source: The post is based on the article “GIFT City: India’s upcoming economic and financial hub” published in Indian Express on 29th July 2022. Contents1 What is the News?2 What is GIFT City?3 What is GIFT IFSC? 4 What are the Foreign Universities present in the GIFT IFSC? What is the News? India is one of… Continue reading GIFT City: India’s upcoming economic and financial hub
Trend on Foreign Direct Investment(FDI) in India
Source: The post is based on the article “Trend on Foreign Direct Investment(FDI) in India” published in PIB on 28th July 2022. What is the News? This article talks about the trends in Foreign Direct Investment(FDI) into India. What is the trend in FDI inflows into India in FY 21-22? FDI Inflows: India has received… Continue reading Trend on Foreign Direct Investment(FDI) in India
Explained: Three reasons why a revival package for BSNL was cleared
Source: The post is based on the article “Explained: Three reasons why a revival package for BSNL was cleared” published in Indian Express on 28th July 2022. What is the News? The government has cleared Rs 1.64 lakh crore booster shot for state-owned loss-making telecom company Bharat Sanchar Nigam Ltd(BSNL). What are the key aspects… Continue reading Explained: Three reasons why a revival package for BSNL was cleared
Thousands of villages set to get 4G coverage
Source: The post is based on the article “Thousands of villages set to get 4G coverage” published in The Hindu on 28th July 2022. Contents1 What is the News?2 What is the 4G saturation project across uncovered villages?3 Who will execute this project?4 What is the significance of this project? What is the News? The… Continue reading Thousands of villages set to get 4G coverage
GI Tag for Alibaug’s White Onion brings cheer to farmers
Source: The post is based on the article “GI Tag for Alibaug’s White Onion brings cheer to farmers” published in Hindu Business Line on 26th July 2022. What is the News? The White Onion of Alibaug in Maharashtra’s Raigad district has received a ‘Geographical Indication’, giving it a unique identity and wider markets. What is… Continue reading GI Tag for Alibaug’s White Onion brings cheer to farmers
