News: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and its accompanying digital platform. About IP Catalyst and Digital Platform Launched by: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and a digital platform to accelerate intellectual property commercialization and strengthen India’s innovation… Continue reading IP Catalyst and Digital Platform
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.
Forum of Regulators (FOR)
News: The Forum of Regulators (FOR) conducted its 100th meeting at Bharat Mandapam, New Delhi, completing its 21-year journey. About Forum of Regulators (FOR) Introduction Forum of Regulators (FOR) is a statutory platform that coordinates and improves regulatory practices in the power sector. Establishment: It was constituted in 2005 as per the Electricity Act, 2003. Aim:… Continue reading Forum of Regulators (FOR)
Country Strategic Opportunities Programme (COSOP)
News: The Government of India, in partnership with the International Fund for Agricultural Development (IFAD) launched a new eight-year Country Strategic Opportunities Programme (COSOP). About Country Strategic Opportunities Programme (COSOP) About It is an initiative to empower rural communities, scaling proven development models, and strengthening grassroots institutions. Launched by: It has been launched by the… Continue reading Country Strategic Opportunities Programme (COSOP)
Jute Crop Information System (JCIS) Project
News: India’s jute sector has entered a pivotal stage of transformation with the rollout of the Jute Crop Information System (JCIS). About Jute Crop Information System (JCIS) Project About Jute Crop Information System (JCIS) is a technology-led initiative that brings together satellite intelligence, weather analytics, and field-level inputs into a unified framework for crop monitoring.… Continue reading Jute Crop Information System (JCIS) Project
International Organisation for Standardisation (ISO)
News: Bureau of Indian Standards (BIS), the National Standards Body of India, organised the 35th Plenary and Working Groups meetings of the ISO TC 20 / SC 14 ‘Space Systems and Operations’ subcommittee of International Organisation for Standardisation (ISO) at New Delhi. About International Organisation for Standardisation (ISO) Introduction The International Organisation for Standardisation (ISO) is… Continue reading International Organisation for Standardisation (ISO)
SEHAT Mission
News: In a significant initiative to reinforce the convergence of agriculture, nutrition, and public health, the Indian Council of Medical Research (ICMR) and the Indian Council of Agricultural Research (ICAR) jointly launched the SEHAT Mission. About SEHAT Mission Introduction SEHAT Stands for Science Excellence for Health Through Agricultural Transformation. It is a national mission-mode programme… Continue reading SEHAT Mission
RBI revises capital adequacy norms for banks
News: The Reserve Bank of India has revised guidelines related to the inclusion of quarterly profits in banks’ core capital calculations, removing an earlier condition linked to provisioning for non-performing assets (NPAs). RBI Revises Capital Adequacy Norms for Banks The Reserve Bank of India has revised the Capital Adequacy Norms for Banks. Aim: This aimed… Continue reading RBI revises capital adequacy norms for banks
Land Stack Initiative
News: Union Minister for Rural Development and Agriculture chaired a review meeting of the Department of Land Resources on progress under key initiatives, including DILRMP 3.0 and the Land Stack Initiative. About Land Stack Initiative The Land Stack is envisaged as an integrated, GIS-based digital platform to provide single-window access to land and property information… Continue reading Land Stack Initiative
India-EU Initiative to Boost EV Battery Recycling and Circular Economy
News: India and the European Union (EU) have jointly launched a ₹169 crore initiative to strengthen electric vehicle (EV) battery recycling and promote a circular economy, marking a significant step in their growing partnership on clean and green technologies. About India-EU Initiative to Boost EV Battery Recycling and Circular Economy The Initiative has been launched… Continue reading India-EU Initiative to Boost EV Battery Recycling and Circular Economy
Emergency Credit Line Guarantee Scheme 5.0
News: The Union Cabinet approved Emergency Credit Line Guarantee Scheme 5.0 to support businesses facing liquidity stress due to the West Asia crisis. About Emergency Credit Line Guarantee Scheme 5.0 Emergency Credit Line Guarantee Scheme 5.0 provides government-backed additional credit support to eligible businesses facing temporary liquidity stress. Commencement of the Scheme: The Emergency Credit… Continue reading Emergency Credit Line Guarantee Scheme 5.0
