News: RBI kept FPI investment limits unchanged and fixed CDS sale limit at 5% of outstanding corporate bonds for 2026-27. About Credit Default Swaps (CDS) Credit Default Swaps (CDS) is a financial derivative that allows investors to transfer or offset credit risk of a debt instrument. Key Components of a CDS: Parties: CDS involves a… Continue reading Credit Default Swaps (CDS)
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.
Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)
News: The Production Linked Incentive (PLI) Scheme for Food Processing Industry (PLISFPI) was launched recently to strengthen India’s food processing sector. About Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) It is a government scheme to modernize and enhance competitiveness of the food processing industry. Nodal Ministry: It has been launched by the Ministry of… Continue reading Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)
About First ever Annual Survey of Incorporated Services Sector Enterprises (ASISSE)
News: The National Statistics Office launched the first-ever ASISSE from April 2026 to build a comprehensive database of the services sector. About Annual Survey of Incorporated Services Sector Enterprises (ASISSE) It is a nationwide survey to generate reliable data on incorporated services sector enterprises. Launched by: It is launched by the National Statistics Office (NSO)… Continue reading About First ever Annual Survey of Incorporated Services Sector Enterprises (ASISSE)
BioNEST
News: Union Minister for Science and Technology inaugurated the BIRAC-BioNEST Incubation Centre at “Central Food Technology & Research Institute” (CFTRI). About BioNEST BioNEST (Bioincubators Nurturing Entrepreneurship for Scaling Technologies) is a dedicated scheme to create globally competent bio-incubation facilities across the country. Launched by: It was launched by the Biotechnology Industry Research Assistance Council (BIRAC). … Continue reading BioNEST
Ad Valorem Duty
News: U.S.A recently announced a 100% Ad Valorem Duty on the import of patented pharmaceuticals and associated ingredients from 31st July 2026. About Ad Valorem Duty Ad valorem duty is a tax imposed depending on the monetary value of an item or property. How it is levied: It is levied as a percentage of the assessed value… Continue reading Ad Valorem Duty
Kar Saathi AI Website and PRARAMBH Programme
News: The Income Tax Department launched ‘Kar Saathi’ website to simplify tax processes and support transition to the Income Tax Act, 2025. About Kar Saathi AI Website Kar Saathi is an AI-powered digital assistant integrated into the revamped income tax portal for guidance and compliance support. Launched by: It is launched by the Income Tax… Continue reading Kar Saathi AI Website and PRARAMBH Programme
Non-Deliverable Derivative (NDD) Market
News: The Reserve Bank of India barred banks from NDD contracts in rupee to curb misuse, stabilize currency, and improve transparency. About Non-Deliverable Derivative (NDD) Market An NDD is a derivative contract where parties agree on a future rupee exchange rate but settle differences in cash, usually in US dollars. Mechanism Agreement on Exchange Rate:… Continue reading Non-Deliverable Derivative (NDD) Market
Rebate of State and Central Taxes and Levies (RoSCTL) Scheme and Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme
News: The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies Scheme (RoSCTL) for apparel exports and continued the Remission of Duties and Taxes on Exported Products Scheme (RoDTEP) till 30 September 2026. About Rebate of State and Central Taxes and Levies (RoSCTL) Scheme It is a scheme to rebate… Continue reading Rebate of State and Central Taxes and Levies (RoSCTL) Scheme and Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme
Maternal Mortality
News: A recent Lancet study highlights slowing progress in reducing Maternal Mortality Ratio and challenges in achieving the SDG 2030 target. About Maternal Mortality Maternal Mortality Ratio: It refers to the number of maternal deaths per 100,000 live births in a given time period. India aims to reduce Maternal Mortality Ratio to below 70 deaths… Continue reading Maternal Mortality
Bhavasagara
News: The Ministry of Environment, Forest and Climate Change designated CMLRE’s “Bhavasagara” Referral Centre as a National Repository for Deep-Sea Fauna. About Bhavasagara Bhavasagara is a specialized scientific hub and National Repository for preservation, study, and documentation of deep-sea marine life, officially designated on March 30, 2026. Aim : It aims to provide a foundational… Continue reading Bhavasagara
