News: The newly introduced Specialised Investment Funds (SIFs) have crossed ₹13,814 crore in assets under management (AUM) after the framework was introduced. About Specialised Investment Funds (SIFs) Specialised Investment Funds (SIFs) are pooled investment products that provide greater flexibility for managing advanced investment strategies. Introduced by: It is introduced by Securities and Exchange Board of India… Continue reading Specialised Investment Funds (SIFs)
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.
Matcha Tea
News: An Assam tea estate sold India’s first commercially-produced matcha tea, marking a significant shift from conventional teas. About Matcha Tea Matcha is a bright green powder made from ground, shade-grown green tea leaves. It is an important part of Japanese culture and is commonly used during traditional ceremonies. Production: It is primarily manufactured in… Continue reading Matcha Tea
ICMR-MINDS Project
News: ICMR-MINDS received the Gold Award at the National Awards for e-Governance 2026 for its AI-based citizen-centric mental healthcare platform. About ICMR-MINDS Project ICMR-MINDS stands for ICMR’s Multistate Implementation Research Study on Integration of Screening and Management of Mental and Substance Use Disorders with other Non-Communicable Diseases (ICMR-MINDS). Initiative of: It is a flagship digital mental… Continue reading ICMR-MINDS Project
‘Viksit UDAN’ Scheme
News: Prime Minister Narendra Modi recently launched the next phase of the regional air connectivity scheme, ‘Viksit UDAN’. About ‘Viksit UDAN’ Scheme It is a revamped UDAN scheme launched to accelerate regional aviation and support the vision of Viksit Bharat 2047. Budget Outlay: It has a budget outlay of nearly ₹29,000 crore over the next… Continue reading ‘Viksit UDAN’ Scheme
LokOS Platform
News: LokOS Platform has significantly expanded its reach across India, enabling large-scale digital transformation of community institutions. About LokOS Platform LokOS is an abbreviation where “Lok” means People and “OS” stands for Operating System. It is a web and mobile platform under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) for end-to-end digitisation of Self-Help… Continue reading LokOS Platform
National SC-ST Hub (NSSH) Scheme
News: The National SC-ST Hub (NSSH) Scheme is strengthening entrepreneurship among SC/ST communities through capacity building, mentorship, market access, and business accelerator programmes. About National SC-ST Hub (NSSH) Scheme The National SC-ST Hub (NSSH) Scheme promotes entrepreneurship and strengthens the capacity of SC/ST entrepreneurs. Initiative By: The scheme is a flagship initiative of the Ministry of Micro,… Continue reading National SC-ST Hub (NSSH) Scheme
Lavender Cultivation
News: The Union Government and Nagaland discussed expanding lavender cultivation and agri-entrepreneurship under the CSIR Aroma Mission across the State. About Lavender Cultivation Lavender is a small, perennial aromatic herb shrub of the mint family (Lamiaceae), that is mainly grown for its flowers and essential oil. It was introduced in the temperate regions of Jammu &… Continue reading Lavender Cultivation
India’s First Private Point-in-Space (PinS) Instrument Approach Procedure
News: The Ministry of Civil Aviation approved India’s first Private Point-in-Space (PinS) Instrument Approach Procedure for helicopter operations at Undavalli Heliport. About India’s First Private Point-in-Space (PinS) Instrument Approach Procedure Private Point-in-Space (PinS) is India’s first private satellite-based instrument approach procedure that enables safe and precise helicopter operations at heliports without conventional landing infrastructure. Operations at: It… Continue reading India’s First Private Point-in-Space (PinS) Instrument Approach Procedure
Miniratna Category-I Status to MECON
News: The Ministry of Steel has approved the grant of Miniratna Category-I status to MECON Limited. About Miniratna Category-I Status to MECON Mecon Limited has been granted the status of Miniratna Category-I. This status provides enhanced financial and operational autonomy to the Board of MECON Limited. The government grants the status of Maharatna, Navratna and… Continue reading Miniratna Category-I Status to MECON
SHE-LEAPS Platform
News: SHE-LEAPS was launched on June 29, 2026, during the Rashtriya Gramin Vikas Sammelan in New Delhi to support rural women entrepreneurs. About SHE-LEAPS Platform Full form: SHE-LEAPS stands for ‘Self-Help Entrepreneur-Livelihoods and Enterprise Application for Prosperity and Sustainability’. It is a digital platform that empowers Self-Help Group women through enterprise creation, livelihood support, and performance… Continue reading SHE-LEAPS Platform
