News: The Reserve Bank of India released Payments Vision 2028 outlining new initiatives to strengthen and expand India’s digital payment ecosystem. About RBI’s Payments Vision 2028 It is a comprehensive policy roadmap guiding the evolution of India’s payment systems towards a secure, interoperable, and resilient ecosystem, consisting of 15 specific initiatives. Theme: “Shaping India’s Payment… Continue reading RBI’s Payments Vision 2028
Category: Factly: Schemes and Programs
This category contains all new schemes and Programs in Factly Articles for Prelims. You can find all relevant updates on Schemes and Programs on this page. This page is specifically useful for UPSC Prelims exam.
Khelo India Tribal Games
News: The inaugural Khelo India Tribal Games is being held from 25th March to 3rd April 2026 at Chhattisgarh. About Khelo India Tribal Games The Khelo India Tribal Games is India’s first national multi-sport event dedicated exclusively to tribal athletes. It comes under Khelo India initiative. It will act as a national platform for talent identification,… Continue reading Khelo India Tribal Games
Immigration, Visa, Foreigners Registration & Tracking (IVFRT) Scheme
News: The Union Cabinet approved continuation of the Immigration, Visa, Foreigners Registration & Tracking (IVFRT) Scheme from April 2026 to March 2031. About Immigration, Visa, Foreigners Registration & Tracking (IVFRT) Scheme The IVFRT is a mission-mode project that creates a secure, integrated, and service-oriented framework for managing the entire lifecycle of travellers. Launched in: The… Continue reading Immigration, Visa, Foreigners Registration & Tracking (IVFRT) Scheme
AI Skilling Initiative, MyWAVES, Advanced EPG & In-built Satellite Tuner in Television Sets
News: Union Minister Ashwini Vaishnaw recently launched three new initiatives, AI Skilling Initiative, MyWAVES, Advanced EPG & In-built Satellite Tuner in Television Sets to promote the “orange economy”. About AI Skilling Initiative, MyWAVES, Advanced EPG & In-built Satellite Tuner in Television Sets Aim: The initiatives aimed at promoting the ‘Orange Economy’, strengthening public broadcasting, and… Continue reading AI Skilling Initiative, MyWAVES, Advanced EPG & In-built Satellite Tuner in Television Sets
Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)
News: The Government of India has introduced CGSMFI-2.0 to increase credit flow to microfinance institutions and support small borrowers. About Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) CGSMFI-2.0 is a credit guarantee scheme that provides cover to banks against losses on loans given to MFIs for small borrowers. Launched in: The scheme was launched in… Continue reading Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)
Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME)
News: Recently, the Mutual Credit Guarantee Scheme (MCGS) has been modified to support Micro, Small and Medium Enterprises (MSME) Manufacturers and Exporters in line with Budget 2025-26. About Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) It was launched to support Micro, Small and Medium Enterprises (MSME) Manufacturers and Exporters. It was initially launched… Continue reading Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME)
Defence India Start-up Challenge (DISC-14) and ADITI Challenge under iDEX Framework
News: Raksha Mantri launched DISC-14 and ADITI 4.0 challenges during National Defence Industries Conclave 2026 to promote defence innovation and indigenous capabilities. About Defence India Start-up Challenge (DISC-14) Defence India Start-up Challenge is a flagship programme supporting startups, MSMEs, and innovators in defence and security. Inception: It was launched on August 4, 2018 by the… Continue reading Defence India Start-up Challenge (DISC-14) and ADITI Challenge under iDEX Framework
VB-G Ram G Youth Digital Campaign
News: Ministry of Rural Development has launched nationwide ‘VB-G Ram G Youth Digital Campaign’ to encourage participation of rural youth in development activities. About VB-G Ram G Youth Digital Campaign It is a campaign to make youth active partners in nation-building through a digital platform to showcase progress and innovation in their villages. Launched by:… Continue reading VB-G Ram G Youth Digital Campaign
‘RELIEF’ Scheme
News: The Commerce and Industry Ministry launched ‘RELIEF’ Scheme to ease pressure on exporters facing trade disruption due to the ongoing war in West Asia. About ‘RELIEF’ Scheme Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme is time-bound and targeted measure to support Indian exporters facing disruptions due to the evolving geopolitical situation in West… Continue reading ‘RELIEF’ Scheme
Small Hydro Power Development Scheme
News: The Union Cabinet approved the Small Hydro Power Development Scheme for 2026-27 to 2030-31 with ₹2,584.60 crore outlay. About Small Hydro Power Development Scheme It is a scheme to install about 1,500 MW small hydro power capacity across India. Nodal Ministry: It is under the Ministry of New and Renewable Energy (MNRE), unlike larger… Continue reading Small Hydro Power Development Scheme
