News: Prime Minister Narendra Modi has emphasized the transformative journey of India’s honey industry over the past decade. Honey Production in India Honey Production in India India is currently producing about 1,46,000 metric tonnes (MTs) of honey as per the 3rd-advance estimate of honey (2023-24). The country has exported natural honey to the world during… Continue reading Honey Production in India
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.
Debt Recovery Tribunals (DRTs)
News: Recently, the Department of Financial Services (DFS), under the Ministry of Finance, convened a colloquium of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs) at New Delhi. Debt Recovery Tribunals (DRTs) About Debt Recovery Tribunals (DRTs) Debt Recovery Tribunals (DRTs) are special courts established by the Government… Continue reading Debt Recovery Tribunals (DRTs)
RBI Dividend
News: The Reserve Bank of India (RBI) recorded a historic surplus of ₹2.69 lakh crore for the financial year 2024-25, the highest ever dividend payout to the central government. RBI Dividend About RBI Dividend The RBI dividend refers to the annual surplus or profit that the Reserve Bank of India (RBI) transfers to the Central… Continue reading RBI Dividend
Dual Taxation on Broadcasting Services
News: The Supreme Court has held in a judgment that broadcasting through television for the purpose of entertainment of subscribers can be separately taxed by the Centre and the State concerned. Dual Taxation on Broadcasting Services About Dual Taxation on Broadcasting Services In a recent Judgment, the Supreme Court of India has clarified that the… Continue reading Dual Taxation on Broadcasting Services
Financial Fraud Risk Indicator (FRI)
News: The The Telecom Department introduces ‘Financial Fraud Risk Indicator’ to fight cyber fraud. Financial Fraud Risk Indicator (FRI) About Financial Fraud Risk Indicator (FRI) It is a multi- dimensional analytical tool to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This initiative aims to bolster cyber protection by identifying mobile numbers… Continue reading Financial Fraud Risk Indicator (FRI)
Treasury Bills
News: India has renewed a USD 50 million Treasury Bill for the Maldives through the State Bank of India (SBI), extending financial assistance for another year. Treasury Bills About Treasury Bills Treasury Bills (T-Bills) are short-term debt instruments issued by the Reserve Bank of India (RBI) on behalf of the Government of India (GOI). They… Continue reading Treasury Bills
Tapti Basin Mega Recharge Project (TBMRP)
News: In a major step towards ensuring regional water security, the governments of Madhya Pradesh and Maharashtra signed a Memorandum of Understanding (MoU) on Saturday to collaboratively implement the Tapti Basin Mega Recharge Project. Tapti Basin Mega Recharge Project (TBMRP). About Tapti Basin Mega Recharge Project (TBMRP) TBMRP is a joint initiative between the Governments… Continue reading Tapti Basin Mega Recharge Project (TBMRP)
Coal Gasification Financial Incentive Scheme
News: The Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. These include Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited, and Greta Energy and Metal Private Limited. Coal Gasification Financial Incentive Scheme. About… Continue reading Coal Gasification Financial Incentive Scheme
Pass-Through Certificates (PTCs)
News: Pass-Through Certificates (PTCs) have become a highly innovative tool in structured finance, addressing liquidity challenges while offering investors diversified exposure to a pool of underlying assets. Pass-Through Certificates (PTCs). About Pass-Through Certificates (PTCs) These are debt instruments that allow investors to earn returns from a pool of underlying loans or receivables. These could include… Continue reading Pass-Through Certificates (PTCs)
Genome-Edited Rice Varieties
News: Union Agriculture and Farmers Welfare Minister has announced the development of two genome-edited rice varieties, marking a new beginning in the field of scientific research and innovation. Genome-Edited Rice Varieties. About Genome-Edited Rice Varieties Developed by: ICAR – Indian Agricultural Research Institute (IARI), New Delhi and the Indian Rice Research Institute (IRRI), Hyderabad They… Continue reading Genome-Edited Rice Varieties
