News: Buckwheat has regained attention due to its promotion with apiculture in Ladakh and its seeds being sent to the International Space Station. About Buckwheat Buckwheat is a pseudo-cereal seed crop known for high nutrition and its ability to grow in harsh mountain conditions. Naming: The name buckwheat is derived from the Anglo-Saxon words boc… Continue reading Buckwheat
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.
NPS Swasthya Pension Scheme (NSPS)
News: PFRDA launches NPS Swasthya Pension Scheme (NSPS) on Pilot Basis under its Regulatory Sandbox Framework to integrate healthcare financing with pension savings under the National Pension System (NPS). About NPS Swasthya Pension Scheme (NSPS) Nature: Sector-specific contributory scheme under the Multiple Scheme Framework (MSF) of NPS Coverage: Designed to meet out-patient (OPD) and in-patient… Continue reading NPS Swasthya Pension Scheme (NSPS)
Orange Economy
News: India’s creative industry found mention in Union Finance Budget speech, as she announced plans to boost the country’s ‘orange economy’. About Orange Economy It is also known as the creative economy. It is the knowledge-based economic activities upon which the ‘creative industries’ are based. It is a production model where goods and services have intellectual value because they are the product… Continue reading Orange Economy
Coking Coal as a Critical & Strategic Mineral
News– The Government of India has officially classified coking coal as a Critical and Strategic Mineral under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). Rationale behind the decision The notification is based on the recommendations of the High-Level Committee on Implementation of Viksit Bharat Goals (HLC-VB) and policy inputs provided by… Continue reading Coking Coal as a Critical & Strategic Mineral
PAIMANA Portal
News: The Ministry of Statistics and Programme Implementation has operationalized the PAIMANA portal to monitor central sector infrastructure projects and replace OCMS-2006. About PAIMANA Portal PAIMANA (Project Assessment, Infrastructure Monitoring & Analytics for Nation-building) is a web-based portal created for mandated monitoring of Central Sector Infrastructure Projects worth ₹150 crore and above. Operationalized by: The… Continue reading PAIMANA Portal
Smart and Integrated Fishing Harbour at Mayabunder
News: The Government of India approved the Smart and Integrated Fishing Harbour at Mayabunder under PMMSY with full central financial assistance. About Smart and Integrated Fishing Harbour at Mayabunder It is a modern harbour project planned to improve fisheries infrastructure using technology and sustainable practices. Location: It is located at Mayabunder in the Andaman and… Continue reading Smart and Integrated Fishing Harbour at Mayabunder
Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) Scheme
News: The ACC-PLI scheme has attracted attention after a report by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics pointed out delays, slow commissioning, and several difficulties in implementation. About Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) Scheme The ACC-PLI scheme aims to promote domestic manufacturing of advanced battery cells… Continue reading Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) Scheme
Kaladi
News: Kaladi is in the news as the Union Minister directed scientific upscaling to improve shelf life and expand markets under the ODOP initiative. About Kaladi Kaladi is a traditional dairy product of Jammu and Kashmir, known for its milky flavour and stretchable texture. It has received the Geographical Indication tag (GI). Location: Kaladi belongs… Continue reading Kaladi
Small Industries Development Bank of India (SIDBI)
News: The Union Cabinet has approved the equity support of Rs.5,000 crore to Small Industries Development Bank of India (SIDBI). About Small Industries Development Bank of India (SIDBI) Set up: It was set up on 2nd April 1990 under an Act of Indian Parliament, as a wholly owned subsidiary of IDBI Bank. It was delinked… Continue reading Small Industries Development Bank of India (SIDBI)
Light Water Reactors
News: India is accelerating indigenous Light Water Reactor development while opening the nuclear sector to private participation, focusing on exports, and implementing the SHANTI Act, 2025. About Light Water Reactors A Light Water Reactor is a thermal-neutron nuclear reactor that uses ordinary water as both coolant and neutron moderator. It uses solid fissile fuel and… Continue reading Light Water Reactors
