News: Atal Innovation Mission (AIM) under NITI Aayog launched India’s first State Innovation Mission in Tripura to strengthen innovation and entrepreneurship ecosystems. About India’s First State Innovation Mission (SIM) The State Innovation Mission is part of the approved AIM 2.0 programme, under the aegis of NITI Aayog’s State Support Mission (SSM). It is designed as… Continue reading India’s First State Innovation Mission (SIM)
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.
Rail Tech Policy, Portal and e-Railway Claims Tribunal
News: The Union Minister for Railways announced the RailTech Policy and the complete digitisation of the Railway Claims Tribunal (RCT) under Indian Railways’ flagship “52 Reforms in 52 Weeks” initiative. About Rail Tech Policy, Portal and e-Railway Claims Tribunal About Rail Tech Policy It is designed to enable massive and systematic induction of technology into the… Continue reading Rail Tech Policy, Portal and e-Railway Claims Tribunal
SUJVIKA Portal
News: Recently, SUJVIKA Portal was launched during the 40th foundation day of the Department of Biotechnology. About SUJVIKA Portal It is a AI-driven biotech trade intelligence portal. Developed by: Department of Biotechnology (DBT) in collaboration with Industry partners ABLE. It is a Trade Statistics Digital Intelligence Platform that presents authenticated biotechnology product import data in a structured… Continue reading SUJVIKA Portal
National Monetisation Pipeline 2.0 (NMP 2.0)
News- Union Finance Minister launched National Monetisation Pipeline 2.0, targeting Rs. 16.72 lakh crore asset monetisation during FY 2026–2030. About National Monetisation Pipeline 2.0 (NMP 2.0) It is the second phase of the government’s asset monetisation programme. It provides a medium-term roadmap for monetising operational public infrastructure assets to generate resources for new infrastructure development.… Continue reading National Monetisation Pipeline 2.0 (NMP 2.0)
Merchandise Trade Indices
News- India’s Merchandise Trade Indices have been revised with a new base year FY 2022–23 to reflect structural changes in trade patterns. About Merchandise Trade Indices Merchandise Trade Indices measure changes in the unit values and quantities of India’s exports and imports over time. Published by: It is compiled and published by the Directorate General… Continue reading Merchandise Trade Indices
Vibrant Villages Programme–II (VVP-II)
News: Union Home Minister Amit Shah launched Vibrant Villages Programme–II in Nathanpur village of Assam with an outlay of ₹6,839 crore. About Vibrant Villages Programme–II (VVP-II) It is a programme for comprehensive development of villages in blocks along international land borders, expanding the focus beyond northern border areas to other international border regions. Nodal Ministry:… Continue reading Vibrant Villages Programme–II (VVP-II)
Bharat GI
News: Sundar Pichai, CEO of Google and Alphabet Inc., visited the Bharat GI Coffee Lounge at the Bharat Mandapam during the India AI Impact Summit 2026. About Bharat GI Bharat GI as a unified national intellectual property brand to showcase India’s unique GI products to the global market. Launched By: Department for Promotion of Industry and… Continue reading Bharat GI
Municipal Bonds
News- The Ministry of Housing and Urban Affairs organised a high-level consultation to discuss strategies for deepening the municipal bond market. About Municipal Bonds A municipal bond is a debt instrument issued by municipal corporations or urban local bodies to raise funds from investors. Evolution in India: Municipal bonds was introduced in India during the… Continue reading Municipal Bonds
Twin Tube Road-Cum-Rail Tunnel Project
News: The Cabinet Committee on Economic Affairs has approved construction of India’s first underwater twin tube road-cum-rail tunnel project. About Twin Tube Road-Cum-Rail Tunnel Project It is India’s first underwater road-cum-rail tunnel project designed for integrated high-capacity transport connectivity. Location: The project will be built beneath the Brahmaputra River in Assam. Connectivity: It will connect… Continue reading Twin Tube Road-Cum-Rail Tunnel Project
Urban Challenge Fund
News- The Union Cabinet chaired by Prime Minister Narendra Modi approved the launch of the Urban Challenge Fund with total Central Assistance of Rs.1 lakh crore. About Urban Challenge Fund Type of Scheme: It is a new centrally sponsored scheme. Ministry involved: It is implemented by the Ministry of Housing and Urban Affairs. Aim: It… Continue reading Urban Challenge Fund
