News: The first flowering and seed set of heeng at Palampur was reported on May 28, 2025, by CSIR, showing heeng can indeed be successfully cultivated in India. Facts about Asafoetida (Heeng) It is a herbaceous plant of the umbelliferae family. It is a perennial plant which produces oleo-gum resin from the roots after five… Continue reading Asafoetida (Heeng) Cultivation
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’s Monetary Policy Instruments
News: RBI has slashed the repo rate by a larger-than-expected 50 basis points to 5.50 per cent, marking the third consecutive reduction since February 2025. RBI’s Monetary Policy Instruments. About RBI’s Monetary Policy Instruments and key takeaways from the latest monetary policy Monetary Policy Instruments Repo Rate and Reverse Repo Rate: The interest rate that… Continue reading RBI’s Monetary Policy Instruments
Chenab Rail Bridge
News: Prime Minister Narendra Modi inaugurated the Chenab Railway Bridge on Friday, celebrating a historic milestone in India’s infrastructure development. The bridge holds the distinction of being the world’s highest railway bridge. Chenab Rail Bridge. About Chenab Rail Bridge The Chenab Rail Bridge stands at a height of 359 metres above the riverbed, making it… Continue reading Chenab Rail Bridge
Clean Plant Programme (CPP)
News: The Union Agriculture Minister launched the “Clean Plant Programme” to establish nine horticultural facilities across the country duing India’s first Agri Hackathon in Pune. About Clean Plant Programme (CPP) It is designed to address critical issues in horticulture by providing access to high-quality, virus-free planting material. Aim: It aims to enhance the quality and… Continue reading Clean Plant Programme (CPP)
Building-Integrated Photovoltaics (BIPV)
News: Boosting solar adoption in densely populated cities of India requires to look beyond traditional rooftop-mounted solar systems and towards Building-Integrated Photovoltaics (BIPV). About Building-Integrated Photovoltaics (BIPV) They are solar power generating products or systems that are seamlessly integrated into the building envelope—such as facades, roofs, skylights, or windows. Purpose: It has two purposes: generating… Continue reading Building-Integrated Photovoltaics (BIPV)
Asian Development Bank (ADB)
News: Asian Development Bank (ADB) President Masato Kanda announced a 5-year initiative aimed at transforming urban infrastructure across India. About Asian Development Bank (ADB) It is a regional development bank established on 19 December 1966. ADB is headquartered in Manila, Philippines. Aim: It aims to promote social and economic development in Asia. It assists its… Continue reading Asian Development Bank (ADB)
PM–Surya Ghar: Muft Bijli Yojana
News: Diu has become the first district in India to fulfill its entire electricity demand through solar energy, achieving a generation capacity of 11.88 MW. About PM–Surya Ghar: Muft Bijli Yojana PM Surya Ghar: Muft Bijli Yojana is the world’s largest domestic rooftop solar initiative. The scheme aims to provide free electricity to households by… Continue reading PM–Surya Ghar: Muft Bijli Yojana
Battery Energy Storage Systems (BESS)
News: The Delhi power minister inaugurated a 20-MW battery energy storage system (BESS) at Kilokari, said to be the “largest” in South Asia. Battery Energy Storage Systems (BESS) About Battery Energy Storage Systems (BESS) Battery storage, or battery energy storage systems (BESS), are devices that enable energy from renewables, like solar and wind, to be… Continue reading Battery Energy Storage Systems (BESS)
Biostimulants
News: The Ministry of Agriculture and Farmers Welfare notifies 34 more biostimulants under the Fertiliser Control Order (FCO), increasing the total to over 45. Biostimulants About Biostimulants Biostimulants are biologically derived substances or microorganisms applied to plants or soil to enhance nutrient uptake, improve plant tolerance to abiotic (e.g., drought, salinity) and biotic (e.g., pests,… Continue reading Biostimulants
Dark Factory
News: Tata Sons Chairman N. Chandrasekaran, in the TCS Annual Report FY2025, highlighted a major shift in IT and business services toward autonomous operations, driven by AI agents and robots enabling ‘dark factories’. About Dark Factory A Dark Factory (also known as Lights-Out Manufacturing) refers to a fully automated production facility. These factories operate without… Continue reading Dark Factory
