News: The Commerce and Industry Ministry launched ‘RELIEF’ Scheme to ease pressure on exporters facing trade disruption due to the ongoing war in West Asia. About ‘RELIEF’ Scheme Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme is time-bound and targeted measure to support Indian exporters facing disruptions due to the evolving geopolitical situation in West… Continue reading ‘RELIEF’ Scheme
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.
Small Hydro Power Development Scheme
News: The Union Cabinet approved the Small Hydro Power Development Scheme for 2026-27 to 2030-31 with ₹2,584.60 crore outlay. About Small Hydro Power Development Scheme It is a scheme to install about 1,500 MW small hydro power capacity across India. Nodal Ministry: It is under the Ministry of New and Renewable Energy (MNRE), unlike larger… Continue reading Small Hydro Power Development Scheme
Bharat Audyogik Vikas Yojna (BHAVYA)
News: The Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA) for developing 100 plug-and-play industrial parks across the country. About Bharat Audyogik Vikas Yojna (BHAVYA) It is a scheme for developing 100 plug-and-play industrial parks across the country. Aim: It aims to develop world-class industrial infrastructure, unlocking manufacturing potential of the country. It… Continue reading Bharat Audyogik Vikas Yojna (BHAVYA)
“e-CHARAK” mobile application
News: National Medicinal Plants Board (NMPB) has recently launched “e-CHARAK” mobile application designed to facilitate trade and information exchange in the medicinal plants sector. About “e-CHARAK” mobile application e-CHARAK is a mobile application and web portal for the promotion and marketing of medicinal plants/herbs. Objective: It is to provide a platform for the trade of… Continue reading “e-CHARAK” mobile application
Tribes Art Fest 2026
News: Tribes Art Fest 2026 was held in New Delhi, showcasing over 1,000 artworks by 75 tribal artists from more than 30 traditions. About Tribes Art Fest 2026 A national cultural event showcasing diverse tribal art traditions and promoting indigenous cultural heritage. Organised by: It is organised by the Ministry of Tribal Affairs, in collaboration… Continue reading Tribes Art Fest 2026
Captive Generating Plant (CGP)
News: The Government amended Electricity Rules, 2026 to strengthen captive power framework, improve clarity, and support industrial competitiveness and energy transition. About Captive Generating Plant (CGP) A Captive Generating Plant is a power plant set up by persons or companies for generating electricity mainly for their own use. Objective: The objective is to provide reliable… Continue reading Captive Generating Plant (CGP)
Samriddh Gram Phygital Services Initiative
News: Union Minister inaugurated the Samriddhi Kendra at Umri village under the Samriddh Gram Phygital Services Pilot Initiative. About Samriddh Gram Phygital Services Initiative Samriddh Gram Phygital Services Initiative is a pilot project that integrates physical and digital services to deliver multiple citizen services in rural areas. Implemented by: The initiative is implemented by the… Continue reading Samriddh Gram Phygital Services Initiative
Supplementary Demands for Grants and Economic Stabilisation Fund
News: Lok Sabha approved the Second Batch of Supplementary Demands for Grants for 2025–26, including allocation for an Economic Stabilisation Fund to address global economic shocks. About Economic Stabilisation Fund (ESF) The Economic Stabilisation Fund (ESF) is a proposed fiscal mechanism to provide financial space for responding to global economic disruptions. Proposed by: Finance Ministry.… Continue reading Supplementary Demands for Grants and Economic Stabilisation Fund
Joha Rice
News: APEDA facilitated the first export consignment of 25 metric tonnes of GI-tagged Joha rice from Assam to the United Kingdom and Italy on 12 March 2026. About Joha Rice Joha rice is a short-grain aromatic rice variety known for its distinctive fragrance, soft texture, and traditional cultivation practices. Origin: It originates from Assam in… Continue reading Joha Rice
Digital Twin Initiative for Port Management
News: V.O. Chidambaranar Port Authority became the first Indian port to launch the Digital Twin initiative for port management. About Digital Twin initiative for port management Digital Twin for port management creates a real-time virtual replica of the port’s infrastructure, operational assets, and maritime ecosystem. First major Indian port to launch: V.O. Chidambaranar Port Authority,… Continue reading Digital Twin Initiative for Port Management
