News: The launch of GSTAT and the GSTAT e-Courts Portal marks a major step in strengthening India’s indirect tax dispute-resolution system. About GST Appellate Tribunal (GSTAT) About GSTAT It is the specialized second-appeal forum for GST disputes, providing a common Centre-State platform. It ensures uniform, quicker dispute resolution. Legal backing It is a statutory appellate… Continue reading GST Appellate Tribunal (GSTAT)
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.
DRAVYA Portal
News: The Dravya Portal (Digitized Retrieval Application for Versatile Yardstick of AYUSH Substances) is launched by the Ministry of AYUSH to catalogue comprehensive data on Ayurvedic medicinal substances and products. About DRAVYA Portal It is the largest collection of data on Ayurvedic Ingredients and Products made easily available to everyone. It is an ever growing, ever… Continue reading DRAVYA Portal
World Food India 2025
News: The Ministry of Food Processing Industries (MoFPI) hosted the fourth edition of World Food India (WFI) 2025 from 25th to 28th September 2025 at Bharat Mandapam, New Delhi. About World Food India 2025 World Food India (WFI) is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate. Organized by: Ministry of… Continue reading World Food India 2025
Maitri 2.0 Cross-Incubation Programme
News: The Indian Council of Agricultural Research (ICAR) launched the second edition of the Brazil–India Cross-Incubation Programme in Agritech (Maitri 2.0) on 22 September 2025 in New Delhi. About Maitri 2.0 Cross-Incubation Programme Maitri 2.0 is the second edition of the India–Brazil Cross-Incubation Programme in Agritech. Launched by: It is launched by the Indian Council… Continue reading Maitri 2.0 Cross-Incubation Programme
Industrial Park Rating System (IPRS) 3.0
News: The Industrial Park Rating System (IPRS) 3.0 was launched recently by the Union Minister of Commerce & Industry in New Delhi. About Industrial Park Rating System (IPRS) 3.0 It is the latest iteration of a government initiative aimed at benchmarking and enhancing the competitiveness of industrial parks across India. Launch: IPRS 3.0 was launched… Continue reading Industrial Park Rating System (IPRS) 3.0
Corporate Bond Index Derivatives
News: Recently, the Securities and Exchange Board of India and the Reserve Bank of India (RBI) have been in advanced talks to encourage trading in corporate bond index derivatives to deepen the debt market. About Corporate Bond Index Derivatives Definition: Corporate bond index derivatives are financial contracts that derive their value from an index of… Continue reading Corporate Bond Index Derivatives
India-AI Impact Summit 2026
News: The Ministry of Electronics & Information Technology, Government of India, unveiled the logo and key initiatives for the India-AI Impact Summit 2026. The summit will be held on February 19-20, 2026, at Bharat Mandapam, New Delhi. About India-AI Impact Summit 2026 It will be hosted in New Delhi at Bharat Mandapam on February 19-20,… Continue reading India-AI Impact Summit 2026
Blue Ports Framework
News: The Department of Fisheries (DoF), under the MoFAHD and FAO launched a Technical Cooperation Programme (TCP) and held the first webinar to advance India’s Blue Ports framework. About Blue Ports Framework Blue Ports Framework It is a DoF-led approach to build Smart and Integrated Fishing Harbours that blend technological innovation with environmental stewardship, ensuring… Continue reading Blue Ports Framework
National Policy on Geothermal Energy (2025)
News: The Government of India has recently announced the National Policy on Geothermal Energy (2025) to drive the clean energy transition and advance the nation’s Net Zero 2070 commitment. About the National Policy on Geothermal Energy (2025) The Government of India has notified the National Policy on Geothermal Energy (2025) to accelerate clean energy transition,… Continue reading National Policy on Geothermal Energy (2025)
Operation Weed Out
News: Directorate of Revenue Intelligence (DRI), under pan-India Operation Weed Out, seized 108.67 kg hydroponic weed in 20 days. About Operation Weed Out An ongoing pan-India anti-drug enforcement drive targeting hydroponic weed smuggling, based on specific intelligence inputs. Conducted by: Directorate of Revenue Intelligence (DRI).It is India’s primary anti-smuggling and economic intelligence agency operating under… Continue reading Operation Weed Out
