News: Niti Aayog recently launched the “Fiscal Health Index 2025” in New Delhi. The report ranked 18 major states for the year 2022-23. About Fiscal Health Index (FHI) Annual Publication: The Fiscal Health Index report will be released every year. Focus on Fiscal Health: It will assess the fiscal health of Indian states. Data-Driven Insights:… Continue reading Fiscal Health Index 2025
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.
Airport Economic Regulatory Authority
News: The Public Accounts Committee (PAC) of Parliament has asked the Airport Economic Regulatory Authority to submit a detailed response on how User Development Fee charges are calculated. About Airport Economic Regulatory Authority It is a statutory body established under the provisions of the Airports Economic Regulatory Authority of India Act, 2008. The primary… Continue reading Airport Economic Regulatory Authority
Sebi’s ‘when-listed’ platform
News: The Securities and Exchange Board of India (SEBI) is planning to launch a “when-listed” platform. About “when-listed” platform This platform will allow trading of a company’s shares between the allotment of shares after an IPO and their official listing on stock exchanges. The platform aims to reduce ‘grey market activity’ in companies’ stocks. Grey… Continue reading Sebi’s ‘when-listed’ platform
Diamond Imprest Authorisation
News: The Department of Commerce, Government of India, has introduced Diamond Imprest Authorisation (DIA) Scheme for the duty-free import of natural cut and polished diamonds. About Diamond Imprest Authorisation It aims to enhance the global competitiveness of India’s diamond sector by providing a streamlined mechanism for duty free import of natural cut and polished diamonds, leading… Continue reading Diamond Imprest Authorisation
Coffee Production in India
News: According to the Ministry of Commerce and Industry, India has emerged as the world’s seventh-largest coffee producer, with exports reaching $1.29 billion in FY 2023-24, almost double the $719.42 million recorded in 2020-21. About Coffee production in India The historical origin of India’s coffee production can be traced to 1600AD when Baba Budan, a… Continue reading Coffee Production in India
National Broadcast Mission 2.0
News: The Union Minister of Communications has launched the National Broadband Mission (NBM) 2.0 to enhance telecom accessibility, security, and empowerment across India. About National Broadcast Mission 2.0 It is built on the success of NBM 1.0, which was launched for the period 2019-2024 as a part of the National Digital Communications Policy, 2018. Under… Continue reading National Broadcast Mission 2.0
Pay Commission
News: The Union Government has announced the constitution of the 8th Pay Commission. About Pay Commission A Pay Commission decides the salary and compensation of Central government employees and allowances of pensioners. It is set up by the Department of Expenditure, Union Ministry of Finance. It is generally set up every 10 years by the central… Continue reading Pay Commission
National Turmeric Board
News: Union Minister of Commerce and Industry has inaugurated the National Turmeric Board. About National Turmeric Board The National Turmeric Board has been set up to focus on the overall development and growth of the turmeric sector in the country. Headquarters: Nizamabad, Telangana. The board will function under the Ministry of Commerce and Industry. Functions: Focussing… Continue reading National Turmeric Board
Z-Morh Tunnel
News: Recently, Prime Minister has inaugurated the Z-Morh tunnel. About Z-Morh Tunnel It is a 6.5 kms two-lane road tunnel that connects Gagangir and Sonamarg along the NH-1 Srinagar Leh Highway. The name Z-Moreh is derived from the Z-shaped highway that existed prior to the construction of the tunnel. The National Highways and Infrastructure Development… Continue reading Z-Morh Tunnel
Future of Jobs Report 2025
News: Recently, World Economic Forum (WEF) has released the Future of Jobs Report 2025. Key findings of the report The report states that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced. Thus, effectively 78 million new jobs would be created. The sectors that will witness the… Continue reading Future of Jobs Report 2025
