News: The Centre approved financial assistance for Karnataka’s Totapuri mango growers under the Market Intervention Scheme due to falling prices and adverse weather. About Totapuri Mangoes Totapuri is an indigenous South Indian mango variety that is widely valued for its juice and pulp. Alternative Names: It is also known as Ginimoothi, Sandersha and Banglora. Cultivated in:… Continue reading Totapuri Mangoes
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.
Banganapalle Mangoes
News: Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully facilitated the first commercial sea shipment of premium Banganapalle mangoes from India to Singapore. About Banganapalle Mangoes Banganapalle Mangoes are a famous variety of mango primarily cultivated in the Indian states of Andhra Pradesh and Telangana. It is also grown in the other… Continue reading Banganapalle Mangoes
Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)
News: The Ministry of Heavy Industries (MHI), Government of India, has extended timelines for global tender under REPM scheme as a response to demand for same by multiple stakeholders. About Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM) It is a first-of-its-kind national initiative to build a complete domestic supply chain from rare earth oxides to finished… Continue reading Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)
BHARATI Initiative
News: The Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully concluded first cohort of BHARATI Initiative. About BHARATI Initiative BHARATI stands for – Bharat’s Hub for Agritech, Resilience, Advancement and Incubation for Export Enablement. Launched by: Agricultural and Processed Food Products Export Development Authority (APEDA) under Ministry of Commerce & Industry Aim: This initiative aims… Continue reading BHARATI Initiative
Youth Co-Lab National Innovation Challenge 2026
News: Six youth-led startups from across the country won the 8th edition of the Youth Co-Lab National Innovation Challenge 2026. About Youth Co-Lab National Innovation Challenge 2026 Six youth-led startups from across the country won the 8th edition of the Youth Co-Lab National Innovation Challenge 2026. Led by: The initiative is jointly led by the United… Continue reading Youth Co-Lab National Innovation Challenge 2026
Index of Services Production (ISP)
News: The Ministry of Statistics and Programme Implementation (MoSPI) is set to launch the Index of Services Production (ISP) in July 2026. About Index of Services Production (ISP) The Index of Services Production (ISP) aims to monitor the progress of the services sector. Proposed by: It is proposed by the Ministry of Statistics and Programme Implementation (MoSPI). The proposed approach has… Continue reading Index of Services Production (ISP)
NAFEX.in Portal
News: Nafed will launch its own e-auction portal, NAFEX.in, to sell oilseeds and pulses, enhancing transparency and efficiency in agricultural commodity auctions. About NAFEX.in Portal NAFEX.in is a digital auction portal to strengthen transparency, efficiency and technology-driven reforms in the cooperative sector. Launched by: It has been launched by the National Agricultural Cooperative Marketing Federation (Nafed). Developed… Continue reading NAFEX.in Portal
Development Policy Financing (DPF) Operation
News: The World Bank’s Board of Executive Directors approved $1.5 billion in financing to support India’s structural reforms to boost private sector-led job creation and economic growth under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation. About Development Policy Financing (DPF) Operation Development Policy Financing (DPF) is a World Bank… Continue reading Development Policy Financing (DPF) Operation
Drunix Platform
News: NPCI launched Drunix Platform to help organisations build and scale tokenisation platforms, digital asset ecosystems, and multi-organisation networks. About Drunix Drunix is an open-source blockchain platform to help companies build and scale tokenisation platforms, digital asset ecosystems, and multi-organisation networks. Launched by: It has been launched by the National Payments Corporation of India (NPCI). Aim:… Continue reading Drunix Platform
WT-MARUT
News: Union Minister Pralhad Joshi launched the WT-MARUT Portal during the Global Wind Day 2026 National Conference in Goa. About WT-MARUT WT-MARUT: Wind Turbine Materials and Resources Utility Tracker (WT-MARUT) is India’s first dedicated digital platform for managing and streamlining the wind energy supply chain. Launched by: The portal was launched by Union Minister for… Continue reading WT-MARUT
