News: The NE-RACE portal, launched to strengthen market linkages for farmers of the North Eastern Region (NER), has facilitated agri-trade worth ₹895.56 lakh as of January 2026. About NE-RACE NE-RACE is a digital agri-marketing platform that connects farmers, FPOs, SHGs and cooperatives of the North Eastern Region with buyers across India and abroad. It enables… Continue reading NE-RACE 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.
Dedicated Chemical Parks
News: The Union Budget 2026–27 proposed three dedicated Chemical Parks and announced financial support to States for their establishment. About Dedicated Chemical Parks Dedicated Chemical Parks are planned industrial clusters designed for chemical manufacturing with shared infrastructure and common environmental compliance facilities. Objective: The initiative aims to strengthen domestic chemical production, reduce import dependency, and… Continue reading Dedicated Chemical Parks
Power Gap Index
News: Economic survey 2025-26 has cited data from the Power Gap Index to explain how India is a victim of geopolitics and a strategic power gap and is operating below its full strategic potential. About Power Gap Index It is a secondary analysis derived from the Asia Power Index. Released by: Australia-based Lowy Institute. It reveals the… Continue reading Power Gap Index
Rare Earth Corridors
News: The Union Budget 2026–27 announced Dedicated Rare Earth Corridors to complement the REPM scheme and strengthen domestic rare earth capabilities. About Rare Earth Corridors Rare Earth Corridors are integrated, state-anchored industrial value chains linking mining, processing, research, and manufacturing of rare earths. Target States: The Dedicated Rare Earth Corridors will be established in the… Continue reading Rare Earth Corridors
Bharat-VISTAAR
News: The Union budget proposes ‘Bharat-VISTAAR’(Virtually Integrated System to Access Agricultural Resources) and the ICAR package on agricultural practices with AI systems. About Bharat-VISTAAR Bharat-VISTAAR stands for Virtually Integrated System to Access Agricultural Resources. It is a multilingual, AI-powered digital platform designed specifically to support Indian farmers. Core Objective: To improve farm productivity, enhance decision-making,… Continue reading Bharat-VISTAAR
Moltbook Platform
News: Moltbook is in the news because it has drawn attention to autonomous communication among AI agents on a public platform without direct human participation. About Moltbook Platform Moltbook is an online platform where artificial intelligence agents interact with one another in a shared digital environment without human users. Launched by: Moltbook was launched in… Continue reading Moltbook Platform
Cocoa and Cashew Get Budget (2026–27) Boost
News: The Union Budget 2026-27 has also proposed a dedicated programme for Indian cashew and cocoa. About Cocoa About Cocoa is an important commercial plantation crop, native to Amazon basin of South America. Zone Cocoa grows best in tropical regions between 20° North and 20° South latitude. Altitude Cocoa is grown from sea level up… Continue reading Cocoa and Cashew Get Budget (2026–27) Boost
New Country Partnership Framework (NCPF)
News: India and the World Bank Group announced a new Country Partnership Framework to support India’s next phase of growth aligned with Viksit Bharat. About New Country Partnership Framework (NCPF) The New Country Partnership Framework is a strategic partnership between India and the World Bank Group for the period 2026–2031. Key aspects of NCPF Growth… Continue reading New Country Partnership Framework (NCPF)
Buckwheat
News: Buckwheat has regained attention due to its promotion with apiculture in Ladakh and its seeds being sent to the International Space Station. About Buckwheat Buckwheat is a pseudo-cereal seed crop known for high nutrition and its ability to grow in harsh mountain conditions. Naming: The name buckwheat is derived from the Anglo-Saxon words boc… Continue reading Buckwheat
NPS Swasthya Pension Scheme (NSPS)
News: PFRDA launches NPS Swasthya Pension Scheme (NSPS) on Pilot Basis under its Regulatory Sandbox Framework to integrate healthcare financing with pension savings under the National Pension System (NPS). About NPS Swasthya Pension Scheme (NSPS) Nature: Sector-specific contributory scheme under the Multiple Scheme Framework (MSF) of NPS Coverage: Designed to meet out-patient (OPD) and in-patient… Continue reading NPS Swasthya Pension Scheme (NSPS)
