NEWS: Global issuance of green bonds has crossed $3 trillion and reached $577 billion in 2024, yet they account for only 3 per cent of the bond market. About Green bonds Green bonds are debt instruments issued by governments (Sovereign Green Bonds issued by RBI), corporations, and multilateral banks to raise funds for projects that… Continue reading Green bonds
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.
Sectors worst hit by U.S. tariffs on India
News: U.S. 50% tariffs on Indian imports began on August 27, triggering demand drops in several labour-intensive export sectors. Sectors Worst Hit by U.S. Tariffs on India Mechanism of assessing impact: We can judge impacts by three signals used together: Dollar sales to the U.S. (how big the market is), U.S. share in a sector’s… Continue reading Sectors worst hit by U.S. tariffs on India
Index of Industrial Production (IIP)
News: Industrial growth touched a four-month high of 3.5% in July 2025, as per the Index of Industrial Production (IIP) released by the Ministry of Statistics and Programme Implementation. About Index of Industrial Production (IIP) IIP is a monthly volume index that measures short-term changes in industrial output. Formula used: The index is calculated as… Continue reading Index of Industrial Production (IIP)
PM SVANidhi Scheme 2.0
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
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)
