PeakMetrics / Fact Checks
Economy & business fact checks
Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.
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Search by text or image7,104 published reviews in this topic
The number of ITRs filed during FY 2017-18 is 6.84 crore, a jump of 80.5% compared to FY 2013-14
Publisher’s rating: TRUE
The claim concerns the number of income tax returns filed in two specific financial years: 6.84 crore in FY 2017-18, compared with 3.79 crore in FY 2013-14. FACTLY examined the government infographic’s figure and percentage, and reported that an Income Tax Department press release stated that 6.84 crore returns were filed in FY 2017-18. The release also gave 5.43 crore for FY 2016-17 and described that year-on-year increase as 26%.
More than 1.01 crore additional workers enrolled with EPFO and more than 1.3 crore workers registered with ESIC post-demonetization
Publisher’s rating: TRUE
The claim appeared in a government infographic about formalization of the economy. FACTLY checked its EPFO and ESIC figures against government data described in its review, including Lok Sabha answers. The review reports that 1.01 crore employees were enrolled in an EPFO campaign running from 1 January to 30 June 2017. That supports the EPFO figure, though the review’s account identifies these workers as campaign enrollees rather than establishing that all were additional workers enrolled because of demonetization. For ESIC, the review compares coverage of 1.89 crore employees in 2015–16 with 2.93 crore in 2016–17. Those figures indicate an increase of 1.04 crore—not more than 1.3 crore—between the stated periods. The review’s own concluding fact statement instead describes 1.03 crore people as newly covered. Both figures are below the claim’s ESIC threshold, so the evidence presented does not substantiate that part of the wording. Despite that discrepancy, FACTLY’s printed conclusion labels the combined claim TRUE. Its supporting evidence therefore backs the reported EPFO campaign enrollment but does not match the claim’s stated ESIC increase of more than 1.3 crore. The review provides figures across the financial years but does not establish that the ESIC increase was caused by demonetization.
More than 1 crore taxpayers registered with GST, including 35 lakh new taxpayers.
Publisher’s rating: TRUE
The claim appeared in a government infographic about formalisation of the economy. The review checked it against an annual report published by the Ministry of Finance, which it says verified that the GST taxpayer count was close to 1 crore. The reported total was 98.35 lakh as of December 2017, of whom 34.22 lakh were new taxpayers.
50 lakh new bank accounts opened for cashless, transparent transfer of wages, benefitting workers.
Publisher’s rating: UNVERIFIED
The claim concerns 50 lakh new bank accounts supposedly opened to enable cashless, transparent wage transfers for workers. The review says it could not verify the claim because it did not specify what kind of accounts were opened or where. It notes that the number of accounts opened under Jan Dhan was far greater than 50 lakh, but that comparison alone does not establish whether 50 lakh accounts were opened for the stated wage-transfer purpose. The review therefore treats the claim as too vague to verify, rather than confirming the stated number or purpose.
"The gender pay gap has fallen from 17.2 per cent to 14.5 per cent under the policies of our government."
Publisher’s rating: Overreach
訊息描述向美國進口16.5億美元的大豆是錯誤的，正確數字應為15.6億，並非政府出錢，基改用於搾油跟飼料、非基改用於食用，都需有關單位查驗登記和安全性評估無虞才核准進口。
Publisher’s rating: 大部分不實
2018-ல் தொழில் முதலீடுகளுக்கு சாத்தியமான சிறந்த மாநிலங்களின் பட்டியலில் தமிழ்நாடு 2-வது இடத்தை பிடித்துள்ளது. முதலிடத்தில் டெல்லி விளங்குகிறது. தமிழ்நாட்டில் தொழில் முதலீடுகளுக்கு சாதகம் இல்லை, தொழில் நிறுவனங்கள் இங்கிருந்து செல்கிறார்கள் என்று பொய்யுரைத்தவர்கள் பார்க்கும் வரை பகிரவும்.
Publisher’s rating: True
மால் மற்றும் மல்டிப்ளெக்ஸ் போன்றவற்றில் விற்பனை செய்யப்படும் உணவுப் பொருட்கள் அனைத்தும் ஆகஸ்ட் 1-ம் தேதி முதல் MRP விலையில் விற்க வேண்டும். மேலும், மக்களும் உணவுப் பொருட்களை திரையங்கிற்குள் எடுத்து செல்லலாம் என்ற அறிவிப்பு வெளியாகி உள்ளது. இனி மால் மற்றும் மல்டிப்ளெக்ஸில் உள்ள தியேட்டர் மற்றும் ஃபுட் கேன்டீன்களில் அதிக விலையில் எதையும் விற்க முடியாது.
Publisher’s rating: Mix
Modi government paid interest of Rs 40,000 crore on oil bonds.
Publisher’s rating: TRUE
FACTLY examined the specific assertion that the Modi government paid Rs 40,000 crore in interest on oil bonds. It distinguished interest payments from repayment of the bonds themselves: the government’s claim about paying off the outstanding principal was a separate issue from whether it had paid interest. To assess interest, the review says it consulted the Ministry of Finance’s “Interest Payments” document in the expenditure budget, which records government interest payments, including interest on special bonds to oil companies. It reports that the NDA government paid Rs 40,225 crore in oil-bond interest over the four years from 2014–15 through 2017–18. That amount supports the claim’s rounded figure of Rs 40,000 crore. The review also supplies context that qualifies the claim: the UPA-2 government paid Rs 53,163 crore in interest during 2009–10 to 2013–14, and the Modi government budgeted a further Rs 9,989.96 crore for 2018–19. It therefore finds the interest-payment claim true while noting that such payments were not unique to the Modi government. Its separate finding was that the Modi government repaid only Rs 3,500 crore of oil-bond principal during the period it examined; that does not negate the reported interest figure.
Passenger traffic growth is in the range of 18-20% over the past three years
Publisher’s rating: TRUE
The claim appeared in an infographic on the government’s 48-month portal, which made claims about aviation-sector expansion under the NDA government. FACTLY examined the passenger-growth figure using domestic traffic reports released by India’s Directorate General of Civil Aviation (DGCA), compiling the number of passengers carried by domestic airlines from 2014 to 2018. The review says the figures are cumulative through each month, so it used the year-end totals to calculate annual growth. [S1: “One of the infographics on the government’s 48-month portal makes certain claims about the expansion of the aviation sector under the NDA government in the past 4 years.”] [S1: “The annual passenger traffic growth has been calculated by using the domestic passengers’ data for each calendar year.”] The review reports annual growth figures of 9.69%, 20.34%, 23.18% and 17.3% across the period shown in its table. It characterizes growth over the past three years as averaging 20%, while also noting that the annual figures ranged from 17% to 23%. Thus, its supporting evidence is an average near the claim’s stated range, rather than three separate annual figures each falling between 18% and 20%. [S1: “Growth (in %)17.323.1820.349.69”] [S1: “We find that for the past three years, passenger air traffic has been growing at an average of 20% and is in the range of 17-23%.”] The review’s conclusion is that the claim is true. Its own explanation makes clear that this judgment rests on the roughly 20% average, alongside a broader 17–23% range for the annual growth rates; those qualifications matter when interpreting the infographic’s narrower wording. [S1: “Claim: Passenger traffic growth is in the range of 18-20% over the past three years Fact: The claim that passenger traffic growth has been between 18-20% is TRUE.”]
India is now the third largest aviation market
Publisher’s rating: PARTLY TRUE
The claim appeared in an infographic on the government’s 48-month portal, which attributed expansion of the aviation sector to the NDA government. FACTLY assessed what “largest aviation market” meant in that specific claim, distinguishing the overall market from the domestic market. The review says the International Air Transport Association defines the largest aviation market by traffic “to, from and within a country.” For its comparison, the review cites CAPA – Centre for Aviation’s ranking of the five largest domestic aviation markets as of April 2018: the United States, China, India, Japan and Indonesia. That places India third among domestic markets, but does not establish that it was third overall under IATA’s broader measure. FACTLY therefore found that the wording of the infographic overstated what the domestic-market ranking showed. The review adds that IATA projected India would enter the top three largest aviation markets by 2025, surpassing the UK. A projection about a future ranking is distinct from saying India already held that position. The evidence presented supports the narrower statement that India was the third-largest domestic aviation market; it does not support the claim’s unqualified wording that India was then the third-largest aviation market.
Domestic air passengers crossed 100 million in 2017
Publisher’s rating: TRUE
The claim appeared in an infographic on the government’s 48-month portal, which made several claims about aviation under the NDA government. FACTLY assessed the passenger claim using data attributed to the Directorate General of Civil Aviation (DGCA). The review reports that the DGCA data showed 1171.76 lakhs of passengers carried by domestic airlines in 2017—more than 117 million, and therefore above the 100-million threshold. The article’s supporting table presents domestic-airline passenger totals in lakhs, with the 2017 figure shown as 1171.76. It explains that the figures are cumulative for each calendar year: the December value represents passengers carried from January through December. The reported total therefore refers to domestic-airline passengers during 2017, not to a comparison with international traffic or with train passengers. On the basis of that annual total, the review finds the specific claim supported. The excerpt does not provide the underlying DGCA report itself or describe an independent recalculation, so the explanation here reflects the data and method as reported by FACTLY.