News: Union Minister of Cooperation will inaugurate Cooperative Kumbh 2025, a two-day international cooperative conference, at Vigyan Bhawan, New Delhi. About ‘CoopKumbh’ 2025 Cooperative Kumbh 2025 is an international conference on the urban cooperative credit sector that focuses on collaboration, innovation, and policy advancement. Aim: It aims to strengthen the cooperative framework for financial inclusion and… Continue reading ‘CoopKumbh’ 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.
World Cooperative Monitor (WCM) Report 2025
News: Union Minister of Cooperation has congratulated Amul and Indian Farmers Fertiliser Cooperative Limited (IFFCO) for occupying the first two ranks among the top ten cooperatives in the world. About World Cooperative Monitor (WCM) Report 2025 It is the 13th edition of a comprehensive global study on cooperatives and mutual enterprises. Released by: International Cooperative… Continue reading World Cooperative Monitor (WCM) Report 2025
Emerging Science, Technology & Innovation Conclave 2025 (ESTIC-2025)
News: Prime Minister inaugurated the Emerging Science and Technology Innovation Conclave 2025 (ESTIC-2025) at Bharat Mandapam in New Delhi. About Emerging Science, Technology & Innovation Conclave 2025 (ESTIC-2025) It is India’s premier STI platform, bringing together ministries, innovators, and global visionaries. 2025 Edition: It is the inaugural edition of Conclave. Organized by: It is a… Continue reading Emerging Science, Technology & Innovation Conclave 2025 (ESTIC-2025)
Marine Fisheries Census 2025
News: Marine Fisheries Census 2025 advances with digital geo referenced supervision and web dashboards after workshops and a national meet at CMFRI Kochi. About Marine Fisheries Census 2025 It is the 5th edition of India’s national marine fisheries census. Ministry involved: Ministry ofFisheries, Animal Husbandry and Dairying Funded by: It is fully funded by the… Continue reading Marine Fisheries Census 2025
Bharat Taxi – India’s First Cooperative Cab Service
News: The Union Ministry of Cooperation and the National e-Governance Division (NeGD) have jointly launched Bharat Taxi to provide affordable and driver-friendly transportation. About Bharat Taxi About: Bharat Taxi is India’s first-ever cooperative cab service, scheduled to be launched in November 2025 in Delhi. Launched by: Union Ministry of Cooperation and the National e-Governance Division (NeGD) Managed… Continue reading Bharat Taxi – India’s First Cooperative Cab Service
SJ-100
News: In Moscow, India’s Hindustan Aeronautics Ltd (HAL) and Russia’s United Aircraft Corporation signed an MoU to produce SJ-100 passenger aircraft in India. About SJ-100 The SJ-100 is a new-generation, jet-powered, civil commuter aircraft of Russian origin. Known as: Earlier it was called the Sukhoi Superjet 100. Designed by: It was originally designed by Sukhoi… Continue reading SJ-100
Indi and Puliyankudi Limes
News: Recently, APEDA facilitated the first-ever air shipment of India’s GI-tagged Indi Lime and Puliyankudi Lime to the United Kingdom. About Indi and Puliyankudi Limes About Indi Lime Indi Lime is a variety of Kagzi lime. Geographical location: It is cultivated in the Vijayapura district of Karnataka. Characteristics It is known for its superior quality,… Continue reading Indi and Puliyankudi Limes
Terms of Reference (TOR) of 8th Central Pay Commission
News: The Union Cabinet, chaired by the Prime Minister, approved the Terms of Reference of the 8th Central Pay Commission. About Terms of Reference (TOR) of 8th Central Pay Commission About 8th Central Pay Commission It was announced in January 2025. Structure: It will have a Chairperson, one Part-Time Member, and a Member-Secretary. Justice (Retd.)… Continue reading Terms of Reference (TOR) of 8th Central Pay Commission
Global Financial Stability Report (GFSR)
News: The International Monetary Fund (IMF) has released the October edition of the twice a year, Global Financial Stability Report (GFSR) recently. About Global Financial Stability Report (GFSR) It provides a comprehensive assessment of the global financial system, highlighting vulnerabilities, and giving policy recommendations to bolster resilience. Published by: International Monetary Fund (IMF) Frequency: Twice… Continue reading Global Financial Stability Report (GFSR)
Duty‑Free Tariff Preference (DFTP) Scheme
News: According to a recent WTO report, India is now a top developing economy partner for Least Developed Countries, offering more extensive duty-free market access than China or the EU. About Duty‑Free Tariff Preference (DFTP) Scheme India launched the DFTP Scheme in 2008. Objective: To provide preferential market access to Least Developed Countries (LDCs). The… Continue reading Duty‑Free Tariff Preference (DFTP) Scheme
