News: The Union Cabinet has approved the Central Sector Scheme “Grant in aid to National Cooperative Development Corporation (NCDC)” with an outlay of Rs.2000 crore for a period of four years from 2025-26 to 2028- 29. About Grant in aid to National Cooperative Development Corporation (NCDC) It is a scheme to provide financial support to… Continue reading Grant in aid to National Cooperative Development Corporation (NCDC)
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.
IMF’s latest World Economic Outlook
News: The International Monetary Fund (IMF) has released the latest update of its World Economic Outlook (WEO) on July 29th. About IMF’s latest World Economic Outlook The World Economic Outlook (WEO) provides a comprehensive picture of the global economy as well as details of individual countries. Released by: International Monetary Fund (IMF) The IMF releases… Continue reading IMF’s latest World Economic Outlook
Paithani sarees
News: Prime Minister Narendra Modi in the monthly radio programme ‘Mann Ki Baat’ praised the traditional craftsmanship of Paithani sarees. About Paithani sarees Paithani sarees originated from the town of Paithan in Maharashtra, India Distinctive Style: These sarees are famous for their square motifs, vibrant colors, and intricate peacock designs on the pallu, symbolizing… Continue reading Paithani sarees
Ethanol Blended Petrol Programme (EBP Programme)
News: India has successfully achieved 20 per cent ethanol blending in petrol in 2025, five years ahead of its original target set for 2030. About Ethanol Blended Petrol Programme (EBP Programme) It is a flagship initiative to promote the use of ethanol by blending it with petrol. Launched in: It was launched in January, 2003.… Continue reading Ethanol Blended Petrol Programme (EBP Programme)
Financial Inclusion Index (FI-Index)
News: The Reserve Bank of India (RBI) has said that the Financial Inclusion Index (FI-Index) has improved to 67 in March 2025 from 64.2 in March 2024. About Financial Inclusion Index (FI-Index) It is a composite, annual measure to objectively assess and monitor the extent of financial inclusion across India. It captures the penetration and… Continue reading Financial Inclusion Index (FI-Index)
Consumer Price Index (CPI) for AL/RL
News: Union Ministry of Labour and Employment has updated the base year for calculating the Consumer Price Index (CPI) for agricultural and rural labourers to 2019. About Consumer Price Index (CPI) for AL/RL The Consumer Price Index for Agricultural Labourers (CPI-AL) and Consumer Price Index for Rural Labourers (CPI-RL) are vital economic indicators published monthly… Continue reading Consumer Price Index (CPI) for AL/RL
Prime Minister Dhan-Dhaanya Krishi Yojana (PM DDKY)
News: The Union Cabinet chaired by the Prime Minister has approved the “Prime Minister Dhan-Dhaanya Krishi Yojana” for a period of six years, beginning with 2025-26 to cover 100 districts. About Prime Minister Dhan-Dhaanya Krishi Yojana (PM DDKY) It is a first of its kind scheme, focusing exclusively on agriculture and allied sectors. The scheme… Continue reading Prime Minister Dhan-Dhaanya Krishi Yojana (PM DDKY)
ADEETIE Scheme
News: Union Minister for Power and Housing & Urban Affairs launches ADEETIE Scheme to Accelerate Industrial Energy Efficiency in India. ADEETIE Scheme About ADEETIE Scheme Full name: Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme It is an initiative to provide financial and technical support to Micro, Small and Medium Enterprises… Continue reading ADEETIE Scheme
Pradhan Mantri Kaushal Vikas Yojana
News: The Pradhan Mantri Kaushal Vikas Yojana has completed 10 years successfully since its launch in July 15, 2015. Pradhan Mantri Kaushal Vikas Yojana About Pradhan Mantri Kaushal Vikas Yojana It is the flagship scheme to encourage and promote skill development in the country by providing free short duration skill training and incentivizing this by… Continue reading Pradhan Mantri Kaushal Vikas Yojana
Periodic Labour Force Survey (PLFS)
News: The Periodic Labour Force Survey (PLFS) data for May and June 2025 reveals key trends in unemployment and labour force participation in India. Periodic Labour Force Survey (PLFS) About Periodic Labour Force Survey (PLFS) Launched in: It was launched in 2017 by National Sample Survey Office (NSSO) under Ministry of Statistics and Programme Implementation… Continue reading Periodic Labour Force Survey (PLFS)
