News: Ayush Anudan Portal was launched recently to strengthen digital governance and enhancing transparency in the Ayush sector. About Ayush Anudan Portal It is a digital initiative to strengthen digital governance and enhancing transparency in the Ayush sector. Developed by: It has been developed by the Ministry of Ayush under the Ayush Grid initiative. Aim:… Continue reading Ayush Anudan Portal
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.
RAMP Programme and Trade Enablement and Access to Market (TEAM) Initiative
News: The Ministry of MSME is accelerating the digital transformation of India’s smallest businesses through the Trade Enablement and Access to Market (TEAM) Initiative under Raising and Accelerating MSME Performance (RAMP) Programme. About RAMP Programme and Trade Enablement and Access to Market (TEAM) Initiative About Raising and Accelerating MSME Performance (RAMP) Scheme Type: It is… Continue reading RAMP Programme and Trade Enablement and Access to Market (TEAM) Initiative
SHE-MARTs Initiative
News: The Ministry of Rural Development initiated a nationwide roadmap for women-led rural marketing ecosystems through the SHE-MART initiative. About SHE-MARTs Initiative SHE-MART (Self Help Entrepreneur Marts) is an initiative to empower women entrepreneurs by creating community-owned retail outlets within cluster-level federations of self-help groups. Announced in: It was announced in the Union Budget 2026–27.… Continue reading SHE-MARTs Initiative
Countercyclical Capital Buffer (CCyB) for Banks
News: The Reserve Bank of India has said it will not activate the countercyclical capital buffer (CCyB) as the measure is not required in the current circumstances. About Countercyclical Capital Buffer (CCyB) for Banks Countercyclical Capital Buffer (CCyB) for Banks is a macro-prudential tool that requires banks to build up additional capital during periods of… Continue reading Countercyclical Capital Buffer (CCyB) for Banks
Jaggery Production and Processing in India
News: There has been an increase in Jaggery Production and Processing in India due to government initiatives and rising demands. About Jaggery Production and Processing in India India is the world’s largest Jaggery producer. India accounts for over 70 per cent of global jaggery production. Nearly 20–30 per cent of the country’s sugarcane production is… Continue reading Jaggery Production and Processing in India
Greenshoe Option
News: The Food Corporation of India (FCI) is set to raise short-term debt of ₹50,000 crore from scheduled banks for a three-month tenure, with a green shoe option to mop up an additional ₹25,000 crore. About Greenshoe Option A green shoe option is a clause contained in the underwriting agreement of an IPO. This option… Continue reading Greenshoe Option
Kesar Mango
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
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
