News: The famous saffron-coloured Kesar variety of mango has got global recognition as ‘Gir Kesar’ mango after being granted the Geographical Indication (GI) tag. About Kesar Mango It is a well-known variety of mango of Gujarat. Cultivation area: It is largely grown around the foothills of Girnar mountains, Junagadh district, Gujarat and some districts of… Continue reading Kesar Mango
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.
Ginger
News: The Centre launched the ₹189.79-crore Mizoram Ginger Mission to promote GI-certified pharma-grade ginger through processing, branding and exports. About Ginger Ginger is an herbaceous perennial plant belonging to the Zingiberaceae family, which also includes turmeric and cardamom. Economic Part: The rhizome of ginger is the main economic part. Key Components: Gingerol: It is the… Continue reading Ginger
Advance Authorisation Scheme
News: Recently, the government has imposed a limit of 100 kg on gold imports under the Advance Authorisation Scheme. About Advance Authorisation Scheme The Advance Authorisation Scheme allows duty-free import of inputs, which are physically incorporated in an export product. In addition to any inputs, packaging material, fuel, oil, and catalyst that are consumed/utilized in… Continue reading Advance Authorisation Scheme
Withholding Tax
News: India’s foreign exchange reserves have fallen by nearly $38 billion since March due to capital outflows linked to the West Asia conflict. To attract overseas investments, the government is reportedly considering reducing the withholding tax rate from 20% to 5%. About Withholding Tax Withholding tax is paid by foreign investors on the interest they… Continue reading Withholding Tax
Pride of Hills: Special Development Assistance for Hill States Scheme
News: The Centre allocated ₹4,900 crore to Arunachal Pradesh under the newly launched “Pride of Hills” initiative for 2026-27. About Pride of Hills: Special Development Assistance for Hill States” Scheme “Pride of Hills: Special Development Assistance for Hill States” is a special initiative launched under the Special Assistance to States for Capital Investment (SASCI) framework… Continue reading Pride of Hills: Special Development Assistance for Hill States Scheme
IP Catalyst and Digital Platform
News: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and its accompanying digital platform. About IP Catalyst and Digital Platform Launched by: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and a digital platform to accelerate intellectual property commercialization and strengthen India’s innovation… Continue reading IP Catalyst and Digital Platform
Forum of Regulators (FOR)
News: The Forum of Regulators (FOR) conducted its 100th meeting at Bharat Mandapam, New Delhi, completing its 21-year journey. About Forum of Regulators (FOR) Introduction Forum of Regulators (FOR) is a statutory platform that coordinates and improves regulatory practices in the power sector. Establishment: It was constituted in 2005 as per the Electricity Act, 2003. Aim:… Continue reading Forum of Regulators (FOR)
Country Strategic Opportunities Programme (COSOP)
News: The Government of India, in partnership with the International Fund for Agricultural Development (IFAD) launched a new eight-year Country Strategic Opportunities Programme (COSOP). About Country Strategic Opportunities Programme (COSOP) About It is an initiative to empower rural communities, scaling proven development models, and strengthening grassroots institutions. Launched by: It has been launched by the… Continue reading Country Strategic Opportunities Programme (COSOP)
Jute Crop Information System (JCIS) Project
News: India’s jute sector has entered a pivotal stage of transformation with the rollout of the Jute Crop Information System (JCIS). About Jute Crop Information System (JCIS) Project About Jute Crop Information System (JCIS) is a technology-led initiative that brings together satellite intelligence, weather analytics, and field-level inputs into a unified framework for crop monitoring.… Continue reading Jute Crop Information System (JCIS) Project
International Organisation for Standardisation (ISO)
News: Bureau of Indian Standards (BIS), the National Standards Body of India, organised the 35th Plenary and Working Groups meetings of the ISO TC 20 / SC 14 ‘Space Systems and Operations’ subcommittee of International Organisation for Standardisation (ISO) at New Delhi. About International Organisation for Standardisation (ISO) Introduction The International Organisation for Standardisation (ISO) is… Continue reading International Organisation for Standardisation (ISO)
