News: The Tobacco Board of India has claimed that Flue Cured Virginia (FCV) tobacco farmers’ earnings have more than doubled from Rs. 124 per kg (2019-20) to Rs. 279.54 (2023-24). About Tobacco Board of India It is a statutory body established by the Tobacco Board Act, 1975 for the overall development of the tobacco industry. Functions: Monitors… Continue reading Tobacco Board of India
Tag: 9pm Daily Factly
Nitrate Contamination of Groundwater
News: A report by the Central Groundwater Board (CGWB) has found excessive nitrates in groundwater in 440 districts (as of 2023). Key findings of the report About 56% of India’s districts suffer from the problem of excessive nitrates in the groundwater. The study defines excessive nitrates in groundwater as more than 45mg per litre. Out… Continue reading Nitrate Contamination of Groundwater
Financial Stability Report
News: The Financial Stability Report, December 2024 has highlighted that Indian economy, and financial system remains robust amid global vulnerabilities. Financial Stability Report Key findings of the Financial Stability Report Prospects of Economic Growth: The Gross Domestic Product (GDP) is expected to grow at 6.6% in FY25 (2024-25), given the revival in rural consumption, increased… Continue reading Financial Stability Report
Exercise SURYA KIRAN
News: An Indian Army contingent has left for Nepal to take part in the 18th edition of Battalion-Level Joint Military Exercise, SURYA KIRAN. About Exercise SURYA KIRAN It is a bilateral joint military exercise between India and Nepal, conducted annually since 2011. The host nation alternates between India and Nepal. The 18th edition of the… Continue reading Exercise SURYA KIRAN
Private Member’s Bill
News: A recent analysis shows that during the five-year term of the 17th Lok Sabha, Private Members’ Bills received little attention in both Houses of Parliament. About Private Member’s Bill Private Member: A Member of Parliament (MP) who is not a minister is referred to as a private member. Private Member’s Bill: Bills introduced by… Continue reading Private Member’s Bill
Pangong Tso lake
News: The Indian Army has installed a statue of the Maratha warrior Chhatrapati Shivaji Maharaj on the banks of Pangong Tso Lake. About Pangong Tso lake It is an endorheic lake (landlocked) located in eastern Ladakh. It derives its name from the Tibetan word, “Pangong Tso”, which means “high grassland lake”. It lies partly in… Continue reading Pangong Tso lake
Srisailam Temple
News: The Archaeological Survey of India has discovered several copper plates and other ancient inscriptions at the Srisailam Temple, Andhra Pradesh. About Srisailam Temple Location: It is located on the top of Nallamala Hills in Andhra Pradesh. It lies on the bank of the river Krishna. History: The inscriptional evidence date back the temple to… Continue reading Srisailam Temple
Household Consumption Expenditure Survey 2023-24
News: The second survey of Household Consumption Expenditure Survey, conducted during August 2023 to July 2024, has been released by the Ministry of Statistics and Programme Implementation. Key Findings of the Survey Average Monthly Per Capita Consumption Expenditure: The MPCE is estimated to be Rs. 4,122 in rural areas and Rs. 6,996 in urban areas. … Continue reading Household Consumption Expenditure Survey 2023-24
Prepaid Payment Instruments
News: Recently, Reserve Bank of India (RBI) has permitted the Prepaid Payment Instrument holders to make and receive UPI payments through the third-party mobile application. About Prepaid Payment Instruments (PPIs) They are financial tools that help facilitate the purchase of goods and services, including financial services, remittances and fund transfer, among others, against the value stored… Continue reading Prepaid Payment Instruments
India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA)
News: The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) has reached its two-year milestone. It highlights significant achievement in strengthening bilateral trade ties and promoting mutual growth. About Ind-Aus ECTA It was signed on April 2, 2022 and came into force in December 2022. Aim– To provide an institutional mechanism to encourage and improve… Continue reading India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA)
