News: The Union Cabinet approved the restructuring and extension of PM SVANidhi (“PM SVANidhi Scheme 2.0”). About PM SVANidhi Scheme 2.0 Full Name: Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi 0 Extended version: This scheme is an extension and restructuring of the original PM SVANidhi scheme. The original PM SVANidhi Scheme was launched on 1 June… Continue reading PM SVANidhi Scheme 2.0
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.
Kuttanad Fish Farming
News: Union Minister for Fisheries, Animal Husbandry & Dairying announced a pilot project aimed at boosting livelihood opportunities for fish farmers in the Kuttanad region in Kerala. About Kuttanad Fish Farming Highlights of the initiative: A comprehensive approach: The Fisheries Department will take steps towards implementing a range of modern & traditional aquaculture practices, such… Continue reading Kuttanad Fish Farming
Kalai-II Hydroelectric Project
News: The Arunachal Pradesh State Pollution Control Board (APSPCB) conducted an environmental public hearing for the proposed 1200 MW Kalai-II Hydro Electric Project in Anjaw district, being developed by THDC India Limited. About Kalai-II Hydroelectric Project It is a 1,200 MW hydro power Type: It is a run-of-river with pondage project. River: It is planned… Continue reading Kalai-II Hydroelectric Project
Made in India Label Scheme
News: In a step towards unifying and highlighting the nation’s manufacturing prowess, the government has come out with a ‘Made in India Label Scheme’. About Made in India Label Scheme It is an initiative that lends support to the manufacturing industry by building a brand reputation, stronger identity and wider reach for products made in… Continue reading Made in India Label Scheme
Promotion and Regulation of Online Gaming Bill 2025
News: The Union government has taken a decisive step to regulate India’s fast-growing online gaming sector with the introduction of the Promotion and Regulation of Online Gaming Bill, 2025. About Promotion and Regulation of Online Gaming Bill 2025 The Bill seeks to promote e-sports and socially beneficial games while imposing a complete ban on money-based… Continue reading Promotion and Regulation of Online Gaming Bill 2025
Globally Important Agricultural Heritage Systems (GIAHS)
News– According to the Food and Agriculture Organization (FAO), India currently hosts three Globally Important Agricultural Heritage Systems (GIAHS). About Globally Important Agricultural Heritage Systems (GIAHS) They are dynamic, community-managed farming systems that combine agrobiodiversity, traditional knowledge, and cultural heritage to promote sustainable livelihoods and ensure food security. Till date, the FAO has recognized 99… Continue reading Globally Important Agricultural Heritage Systems (GIAHS)
Agriculture Infrastructure and Development Cess (AIDC)
News: The Ministry of Finance has removed the 11% import duty (5% Basic Customs Duty and 5% Agriculture Infrastructure & Development Cess) on cotton till September 30. About Agriculture Infrastructure and Development Cess (AIDC) It is a tax imposed by the government on the commercial production of agricultural produce. Introduction: It was introduced in the… Continue reading Agriculture Infrastructure and Development Cess (AIDC)
Minimum Public Shareholding
News: The Securities and Exchange Board of India (SEBI) has proposed significant changes to the Minimum Public Shareholding (MPS) and Minimum Public Offer (MPO) regulations for large companies aiming to list on Indian stock exchanges. About Minimum Public Shareholding The Minimum Public Shareholding (MPS) rule is a regulatory requirement established by the Securities and Exchange… Continue reading Minimum Public Shareholding
Pradhan Mantri Viksit Bharat Rozgar Yojana
News: Prime Minister announced the Pradhan Mantri Viksit Bharat Rozgar Yojana from the historic Red Fort on August 15th. About Pradhan Mantri Viksit Bharat Rozgar Yojana It is a key initiative which aims to support creation over 3.5 crore jobs in two years. Nodal Ministry: Ministry of Labour & Employment Scheme outlay: Rs. 1 lakh… Continue reading Pradhan Mantri Viksit Bharat Rozgar Yojana
Cheque Truncation System (CTS)
News: The Reserve Bank of India (RBI) has decided on the transition of the Cheque Truncation System (CTS) from the current approach of batch processing to continuous clearing with settlement on realisation in two phases. About Cheque Truncation System (CTS) The CTS is an online image-based cheque clearing system introduced by the Reserve Bank of… Continue reading Cheque Truncation System (CTS)
