News: The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation for the financial year 2018-19. Facts: Key Highlights: Gross Domestic Product: Nominal GDP or GDP at current prices for the year 2018-19 is estimated as ₹ 189.71 lakh… Continue reading First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation, 2018-19
Category: Daily Factly articles
Beijing Platform for Action
News:To mark 25 years of the adoption of the Beijing Platform for Action, Ministry of Women & Child Development(MWCD) has organized a National Consultation on the Review of Beijing+25. Facts: About Beijing Platform for Action: The Beijing Declaration was a resolution adopted by the United Nations(UN) at the end of the Fourth World Conference on… Continue reading Beijing Platform for Action
Economic Survey 2019-2020: Social Infrastructure, Employment and Human Development
News: The Economic Survey 2019-2020 highlights the government’s commitment to social wellbeing in India. Key Highlights: Expenditure on social services by the Centre and States (as a proportion of GDP): Increased from 6.2% in 2014-15 to 7.7% in 2019-20. India’s ranking in Human Development Index: Improved to 129 in 2018 from 130 in 2017. With… Continue reading Economic Survey 2019-2020: Social Infrastructure, Employment and Human Development
Economic Survey 2019-2020: service Sector in India
News: The Economic Survey 2019-2020 has said that the services sector’s significance in the Indian economy has continued to increase. Facts: Key Facts: Contribution of Service Sector to the Indian Economy: 55% of the total size of the economy and GVA growth, Two-thirds of total FDI inflows into India 38% of total exports Performance of… Continue reading Economic Survey 2019-2020: service Sector in India
Economic Survey 2019-2020: India has become the Second Largest Emerging Green Bond Market after China
News: According to Economic Survey 2019-20, India has the Second largest Emerging Green Bond Market after China. India has also joined the International Platform on Sustainable Finance (IPSF) in 2019 to scale up environmentally sustainable investments. Facts: Green Bonds: These are fixed-income financial instruments issued for funding of specific projects which have positive environmental and… Continue reading Economic Survey 2019-2020: India has become the Second Largest Emerging Green Bond Market after China
Economic Survey 2019-20: What it says on stubble burning
News: Economic Survey 2019-20 has said that the number of stubble-burning incidents (61,332) in 2019 was the least in four years. However, the survey highlights agricultural residue burning as a “major concern”. Facts: Stubble Burning: It is the practice of intentionally setting fire to residues that remains after the harvest of a crop. It is… Continue reading Economic Survey 2019-20: What it says on stubble burning
New mission to take first peek at Sun’s poles: NASA
News: NASA, in collaboration with the European Space Agency (ESA), will launch Solar Orbiter spacecraft on 7th February 2020 to get the first-ever pictures of the Sun’s north and south poles.. Facts: About Solar Orbiter Aim: To perform close-up, high-resolution studies of Sun and inner heliosphere. Objectives: Study solar wind and where does the coronal… Continue reading New mission to take first peek at Sun’s poles: NASA
Govt gives nod to amendments in National Commission for Homoeopathy Bill, 2019
News: The Union Cabinet has approved the amendments in the National Commission for Homoeopathy Bill, 2019 Facts: The Bill seeks to repeal the Homoeopathy Central Council Act, 1973 Key features of the bill: Sets up the National Commission for Homoeopathy (NCH) which will frame policies for regulating medical institutions and homoeopathic medical professionals. Sets up… Continue reading Govt gives nod to amendments in National Commission for Homoeopathy Bill, 2019
Explained: The debate over UN’s new rules for ships in the Arctic region
News: International Maritime Organization (IMO) put forward new regulations, called IMO 2020 Facts: IMO 2020 Bans ships from using fuels with a sulphur content above 0.5 per cent, compared with 3.5 per cent previously. Only ships fitted with sulphur-cleaning devices, known as scrubbers, are allowed to continue burning high-sulphur fuel. Ships can opt for cleaner… Continue reading Explained: The debate over UN’s new rules for ships in the Arctic region
Explained: What is Economic Survey, and why is it important?
News: The Economic Survey for 2019-2020 will be tabled in Parliament on Friday (January 31). Facts: About the Economic Survey It is a report the government presents on the state of the economy in the past one year, the key challenges it anticipates, and their possible solutions. It is prepared by the Economic Division of… Continue reading Explained: What is Economic Survey, and why is it important?
