News- India’s Merchandise Trade Indices have been revised with a new base year FY 2022–23 to reflect structural changes in trade patterns. About Merchandise Trade Indices Merchandise Trade Indices measure changes in the unit values and quantities of India’s exports and imports over time. Published by: It is compiled and published by the Directorate General… Continue reading Merchandise Trade Indices
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.
Vibrant Villages Programme–II (VVP-II)
News: Union Home Minister Amit Shah launched Vibrant Villages Programme–II in Nathanpur village of Assam with an outlay of ₹6,839 crore. About Vibrant Villages Programme–II (VVP-II) It is a programme for comprehensive development of villages in blocks along international land borders, expanding the focus beyond northern border areas to other international border regions. Nodal Ministry:… Continue reading Vibrant Villages Programme–II (VVP-II)
Bharat GI
News: Sundar Pichai, CEO of Google and Alphabet Inc., visited the Bharat GI Coffee Lounge at the Bharat Mandapam during the India AI Impact Summit 2026. About Bharat GI Bharat GI as a unified national intellectual property brand to showcase India’s unique GI products to the global market. Launched By: Department for Promotion of Industry and… Continue reading Bharat GI
Municipal Bonds
News- The Ministry of Housing and Urban Affairs organised a high-level consultation to discuss strategies for deepening the municipal bond market. About Municipal Bonds A municipal bond is a debt instrument issued by municipal corporations or urban local bodies to raise funds from investors. Evolution in India: Municipal bonds was introduced in India during the… Continue reading Municipal Bonds
Twin Tube Road-Cum-Rail Tunnel Project
News: The Cabinet Committee on Economic Affairs has approved construction of India’s first underwater twin tube road-cum-rail tunnel project. About Twin Tube Road-Cum-Rail Tunnel Project It is India’s first underwater road-cum-rail tunnel project designed for integrated high-capacity transport connectivity. Location: The project will be built beneath the Brahmaputra River in Assam. Connectivity: It will connect… Continue reading Twin Tube Road-Cum-Rail Tunnel Project
Urban Challenge Fund
News- The Union Cabinet chaired by Prime Minister Narendra Modi approved the launch of the Urban Challenge Fund with total Central Assistance of Rs.1 lakh crore. About Urban Challenge Fund Type of Scheme: It is a new centrally sponsored scheme. Ministry involved: It is implemented by the Ministry of Housing and Urban Affairs. Aim: It… Continue reading Urban Challenge Fund
Wheat Cultivation
News: The Centre has allowed the export of 25 lakh metric tonnes (LMT) of wheat and 5 LMT of wheat products, easing the export ban that was imposed in May 2022. About Wheat Cultivation Wheat is the second most important cereal crop of India. It is the main food crop, in north and north-western part… Continue reading Wheat Cultivation
Consumer Price Index (CPI) with Base 2024=100
News- The Ministry of Statistics & Programme Implementation released the Consumer Price Index with base year 2024=100. About Consumer Price Index (CPI) with Base 2024=100 The Consumer Price Index with base 2024=100 measures the changes over time in general level of retail prices of selected goods and services that households purchase for the purpose of… Continue reading Consumer Price Index (CPI) with Base 2024=100
AgriStack
News- In the Budget Speech on February 1, India’s Finance Minister Nirmala Sitharaman announced Bharat-VISTAAR to integrate AgriStack portals with AI systems. About AgriStack AgriStack is a Digital Public Infrastructure for the farm sector under the Digital Agriculture Mission. Initiative by: AgriStack is an initiative under the Digital Agriculture Mission and was approved by the… Continue reading AgriStack
BIOFACH 2026
News: India has been designated as the ‘Country of the Year’ at BIOFACH 2026. About BIOFACH 2026 About: It is the world’s leading trade fair for organic products held on 10 February 2026. Note: BIOFACH Germany is the world’s largest and most influential exhibition dedicated exclusively to organic food and agriculture. Held at: Nuremberg, Germany… Continue reading BIOFACH 2026
