News: In a significant initiative to reinforce the convergence of agriculture, nutrition, and public health, the Indian Council of Medical Research (ICMR) and the Indian Council of Agricultural Research (ICAR) jointly launched the SEHAT Mission. About SEHAT Mission Introduction SEHAT Stands for Science Excellence for Health Through Agricultural Transformation. It is a national mission-mode programme… Continue reading SEHAT Mission
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.
RBI revises capital adequacy norms for banks
News: The Reserve Bank of India has revised guidelines related to the inclusion of quarterly profits in banks’ core capital calculations, removing an earlier condition linked to provisioning for non-performing assets (NPAs). RBI Revises Capital Adequacy Norms for Banks The Reserve Bank of India has revised the Capital Adequacy Norms for Banks. Aim: This aimed… Continue reading RBI revises capital adequacy norms for banks
Land Stack Initiative
News: Union Minister for Rural Development and Agriculture chaired a review meeting of the Department of Land Resources on progress under key initiatives, including DILRMP 3.0 and the Land Stack Initiative. About Land Stack Initiative The Land Stack is envisaged as an integrated, GIS-based digital platform to provide single-window access to land and property information… Continue reading Land Stack Initiative
India-EU Initiative to Boost EV Battery Recycling and Circular Economy
News: India and the European Union (EU) have jointly launched a ₹169 crore initiative to strengthen electric vehicle (EV) battery recycling and promote a circular economy, marking a significant step in their growing partnership on clean and green technologies. About India-EU Initiative to Boost EV Battery Recycling and Circular Economy The Initiative has been launched… Continue reading India-EU Initiative to Boost EV Battery Recycling and Circular Economy
Emergency Credit Line Guarantee Scheme 5.0
News: The Union Cabinet approved Emergency Credit Line Guarantee Scheme 5.0 to support businesses facing liquidity stress due to the West Asia crisis. About Emergency Credit Line Guarantee Scheme 5.0 Emergency Credit Line Guarantee Scheme 5.0 provides government-backed additional credit support to eligible businesses facing temporary liquidity stress. Commencement of the Scheme: The Emergency Credit… Continue reading Emergency Credit Line Guarantee Scheme 5.0
Viability Plan 2.0 for Regional Rural Banks (RRBs)
News: The Department of Financial Services approved Viability Plan 2.0 to strengthen financial stability and improve operational efficiency in Regional Rural Banks. About Viability Plan 2.0 for Regional Rural Banks (RRBs) Viability Plan 2.0: It is a revised three-year framework to improve financial sustainability and long-term competitiveness of RRBs. Implementing Ministry: Department of Financial Services (DFS)… Continue reading Viability Plan 2.0 for Regional Rural Banks (RRBs)
Mission for Cotton Productivity
News: Cabinet approves “Mission for Cotton Productivity” for Self-Sufficiency in Cotton and Competitiveness in Global Textile Markets by 2030-31. About Mission for Cotton Productivity Mission for Cotton Productivity is an initiative to address bottlenecks, declining growth, and quality concerns in India’s cotton sector. It aligns with the 5F vision (Farm to Fibre to Factory to… Continue reading Mission for Cotton Productivity
Fugitive Economic Offenders
News: The Enforcement Directorate reported declaring 21 individuals as fugitive economic offenders and initiating proceedings against 54 persons under the law. About Fugitive Economic Offenders A fugitive economic offender is a person against whom a warrant for a scheduled offence of ₹100 crore or more is issued and who avoids returning to India. Legality: The… Continue reading Fugitive Economic Offenders
India’s First Multi-Lane Free Flow (MLFF) Barrier-less Tolling System
News: Union Minister of Road Transport & Highways Shri Nitin Gadkari announced the launch of India’s first Multi-Lane Free Flow (MLFF) barrier-less tolling system at the Chorayasi Toll Plaza on the Surat–Bharuch section of NH-48 in Gujarat. About India’s First Multi-Lane Free Flow (MLFF) Barrier-less Tolling System Initiated at: It has been initiated at the… Continue reading India’s First Multi-Lane Free Flow (MLFF) Barrier-less Tolling System
Padma Doree and Eri Silk
News: Padma Doree was formally unveiled by NEHHDC under MDoNER, showcasing a cross-cultural textile initiative through a fashion show and exhibition. About Padma Doree Padma Doree is a unique cross-cultural textile initiative that fuses Eri silk of Northeast India with Chanderi weaving of Madhya Pradesh. Launched by: It was launched by the Ministry of Development… Continue reading Padma Doree and Eri Silk
