News: The Ministry of Agriculture and Farmers Welfare announced revised PMFBY cover for wild animal attacks and paddy inundation from Kharif 2026. About Revised Insurance Framework of Pradhan Mantri Fasal Bima Yojana (PMFBY) The revised framework expands crop insurance to cover localised damage from wild animal attacks and paddy inundation. The modalities follow PMFBY Operational… Continue reading Revised Insurance Framework of Pradhan Mantri Fasal Bima Yojana (PMFBY)
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.
YUVA AI for ALL Initiative
News: Under the IndiaAI Mission, MeitY has introduced ‘YUVA AI for ALL’ initiative, a free course aimed at familiarising Indians particularly the youth with AI. About YUVA AI for ALL Initiative It is free national AI course called ‘YUVA AI for ALL’ under the IndiaAI Mission. Launched by: Ministry of Electronics and Information Technology (MeitY) Aim:… Continue reading YUVA AI for ALL Initiative
New National Industrial Classification (NIC) 2025
News: Recently, MoSPI unveiled the new National Industrial Classification (NIC) 2025 during the 75th NSS anniversary and World Statistics Day in Udaipur. About New National Industrial Classification (NIC) 2025 The National Industrial Classification (NIC) 2025 is a six-digit system for classifying all economic activities in India, replacing NIC 2008 five-digit system. Launched by: Ministry of Statistics… Continue reading New National Industrial Classification (NIC) 2025
Ambaji Marble
News: Recently, Ambaji Marble has officially received a Geographical Indication (GI) Tag. About Ambaji Marble Ambaji Marble is sourced from the Banaskantha district in north Gujarat. Unique Characteristics: Ambaji Marble is known for its milky-white color, durability, and natural beauty. It has been used in the Dilwara Jain Temple in Mount Abu (constructed around 1,200-1,500… Continue reading Ambaji Marble
New Royalty Rates of Critical Minerals
News– The Union Cabinet has approved the revision of royalty rates for four critical minerals- caesium, graphite, rubidium, and zirconium—to encourage domestic production. About Royalty Rate A royalty rate is a fee imposed by the government on mining companies for extracting minerals from the earth. It ensures that the state receives an equitable return for… Continue reading New Royalty Rates of Critical Minerals
Pratyush Sinha Committee
News: The Pratyush Sinha Committee is in the news after SEBI asked it to review conflict-of-interest and disclosure rules following allegations against its former chief. About Pratyush Sinha Committee The Pratyush Sinha Committee is a High-Level Committee that was set up to review conflicts of interest and the disclosure framework for board members. Formed by:… Continue reading Pratyush Sinha Committee
“Operation Bullion Blaze”
News: In a major crackdown, the Directorate of Revenue Intelligence (DRI) busted a gold smuggling and melting network in Mumbai under “Operation Bullion Blaze.” About “Operation Bullion Blaze” It is a major enforcement action conducted by the Directorate of Revenue Intelligence (DRI) in Mumbai in November 2025. Aim: It targeted a well-organized gold smuggling and… Continue reading “Operation Bullion Blaze”
‘DRISHTI’ System
News: Indian Railways is planning to install the AI-based ‘DRISHTI’ system to improve freight train safety. About ‘DRISHTI’ System It is an AI-Based Surveillance System for Wagon Door Lock Monitoring in real time. Developed by: it is jointly developed by Northeast Frontier Railway (NFR) and IIT Guwahati – Technology Innovation and Development Foundation (IITG TIDF).… Continue reading ‘DRISHTI’ System
Digital Gold
News: SEBI has cautioned the public about rising investments in unregulated digital gold amid a surge in gold prices and online promotions. About Digital Gold Digital gold refers to buying and owning gold electronically without physically holding the metal. Technology used : Digital gold is created using blockchain technology, which enables online buying, selling, and… Continue reading Digital Gold
Plant Genome Saviour Awards 2024-25
News: Union Agriculture Minister recently presented ‘Plant Genome Saviour Awards’ to farmers in New Delhi. About Plant Genome Saviour Awards 2024-25 Purpose of the Awards: These awards honour individual farmers, communities, and organizations for their outstanding contributions to conserving traditional seed varieties, protecting plant genetic resources, and promoting biodiversity. Award Categories & Recipients: Recognized entities… Continue reading Plant Genome Saviour Awards 2024-25
