News: The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship) scheme to promote entrepreneurship and livelihood opportunities in rural areas. About ASPIRE Scheme ASPIRE scheme stands for A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship. Implemented by: Ministry of… Continue reading ASPIRE 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.
DHRUV64
News: DHRUV64 was launched as India’s first homegrown 1.0 GHz, 64-bit dual-core microprocessor, marking a key milestone in indigenous semiconductor development. About DHRUV64 DHRUV64 is India’s first homegrown 1.0 GHz, 64-bit dual-core microprocessor, strengthens the indigenous processor pipeline. Developer : It has been created by the Centre for Development of Advanced Computing (C-DAC) under the… Continue reading DHRUV64
Ponduru Khadi
News: Srikakulam’s famed Ponduru Khadi has received the prestigious Geographical Indication (GI) tag from the Government of India. About Ponduru Khadi Ponduru Khadi is a traditional handspun and handwoven cotton fabric produced in Ponduru village of Srikakulam district, Andhra Pradesh. The fabric is widely known for its fine texture, durability, and natural finish and was… Continue reading Ponduru Khadi
Pass-Through Tax Status
News: Asset reconstruction companies (ARCs) have urged the government to extend pass-through tax status to alternative investment funds (AIFs) investing in security receipts (SRs). About Pass-Through Tax Status Pass-through status is a tax rule where the business or fund itself does not pay corporation tax on its income. Normally, the same income can be taxed… Continue reading Pass-Through Tax Status
Rural Economic Conditions and Sentiments Survey (RECSS)
News: The eighth round of RECSS shows strong revival in rural demand, rising incomes and improved household well-being over the past year. About Rural Economic Conditions and Sentiments Survey (RECSS) RECSS captures a mix of quantitative economic indicators (income, consumption, savings/borrowings, investment) and qualitative/subjective parameters reflecting household sentiments of rural population, like expectations of future income,… Continue reading Rural Economic Conditions and Sentiments Survey (RECSS)
Finfluencers
News: SEBI has directed Mumbai-based financial influencer Avadhut Sathe and his Avadhut Sathe Trading Academy to cease offering investment advice or research services, as they are not properly registered. About Finfluencers A finfluencer is a social media influencer who shares advice or information on financial topics such as saving, investing, budgeting, cryptocurrency, and wealth-building. They… Continue reading Finfluencers
Hindu Rate of Growth
News- Recently, Prime Minister Narendra Modi said at the Hindustan Times Leadership Summit that the phrase “Hindu rate of growth” reflected a colonial mindset.. About Hindu Rate of Growth It is a term that describes India’s low economic growth rates from the 1950s to the 1980s, which averaged around 3.5%. Term Coined By: It was… Continue reading Hindu Rate of Growth
Directorate General of Civil Aviation (DGCA)
News- The DGCA granted IndiGo temporary exemptions from new Flight Duty Time Limitation (FDTL) norms to stabilise operations after widespread flight cancellations and severe disruptions. About the Directorate General of Civil Aviation (DGCA) The Directorate General of Civil Aviation is the regulatory body in the field of civil aviation that primarily deals with safety issues… Continue reading Directorate General of Civil Aviation (DGCA)
Health Security se National Security Cess Bill, 2025
News: Lok Sabha recently passed Health Security se National Security Cess Bill, 2025 which would levy a special cess on pan masala and use the fund for improving public health and strengthening national security. About Health Security se National Security Cess Bill, 2025 The Health Security se National Security Cess Bill, 2025 has been introduced to… Continue reading Health Security se National Security Cess Bill, 2025
RBI’s Large Exposures Framework (LEF)
News: The RBI has tightened rules for foreign banks, removing exemptions and imposing stricter intragroup exposure limits to align with the Large Exposure Framework (LEF) for Indian branches. The revised framework comes into effect from April 1, 2026, though banks can adopt the changes earlier. About RBI’s Large Exposures Framework (LEF) The LEF is designed… Continue reading RBI’s Large Exposures Framework (LEF)
