News: During his Netherlands visit, PM Narendra Modi visited the Afsluitdijk dam, and India signed an LoI with the Netherlands for technical cooperation on the Kalpasar Project. About Kalpasar Project It is a multipurpose initiative aimed at providing water for irrigation and industrial and domestic use in the water-stressed Saurashtra region of Gujarat. It envisages… Continue reading Kalpasar Project
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.
Koldam Hydro Power Project
News: The Koldam NTPC Hydroelectric Project generated over 3512 million units of power in 2025-26, the highest ever since the project was commissioned. About Koldam Hydro Power Project The Koldam Hydro Power Project is an 800 MW hydroelectric station located in the Bilaspur and Mandi districts of Himachal Pradesh, India. River associated: It is built… Continue reading Koldam Hydro Power Project
CBDT’s Crypto-Asset Reporting Guidance
News: The Central Board of Direct Taxes has released a guidance note on crypto-asset reporting obligations, aligning India’s tax reporting framework with the OECD framework. About CBDT’s Crypto-Asset Reporting Guidance Definition of crypto as per Indian law: India’s income tax law defines a “crypto-asset” as a digital representation of value that relies on a cryptographically… Continue reading CBDT’s Crypto-Asset Reporting Guidance
Unjha Jeera
News: Unjha Jeera from Gujarat has officially received the Geographical Indication (GI) tag. About Unjha Jeera It belongs to Unjha region, located in Mehsana district, Gujarat. It is home to one of Asia’s largest spice markets and serves as a major trading hub for cumin. Features: It is particularly known for its large seeds, stemless… Continue reading Unjha Jeera
Start-up Village Entrepreneurship Programme (SVEP)
News: As India’s start-up ecosystem expands, the government is promoting rural entrepreneurship through the Start-up Village Entrepreneurship Programme (SVEP). About Start-up Village Entrepreneurship Programme (SVEP) It is the sub-scheme under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) programme . Launched: It was launched in 2016. Nodal Ministry: Ministry of Rural Development Objective: The objective… Continue reading Start-up Village Entrepreneurship Programme (SVEP)
Portfolio Management Service (PMS)
News: SEBI has proposed a comprehensive review of the Portfolio Managers Regulations, 2020, to modernize Portfolio Management Services amid rapid industry growth. About Portfolio Management Service (PMS) Portfolio Management Service (PMS) is a professional investment service where a qualified portfolio manager manages a client’s investment portfolio. Registration: PMS providers must be registered under the SEBI (Portfolio… Continue reading Portfolio Management Service (PMS)
Key Highlights of National Family Health Survey (NFHS-6)
News: India recorded improvements in maternal and child health, while NFHS-6 reported a rise in lifestyle-related diseases among adults. Key Highlights of National Family Health Survey (NFHS-6) Released by: It is released by the International Institute for Population Sciences (IIPS), Mumbai. IIPS is the nodal agency designated by the Ministry of Health and Family Welfare… Continue reading Key Highlights of National Family Health Survey (NFHS-6)
BHAVYA Rasayan Scheme
News: The Union Cabinet has approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme for the establishment of three dedicated chemical parks across the country. About BHAVYA Rasayan Scheme Full form: Bharat Audyogik Vikas Yojana Rasayan or BHAVYA – Rasayan Scheme Aim: The scheme is devised for the establishment of three dedicated chemical parks across… Continue reading BHAVYA Rasayan Scheme
FDI in Inventory-based E-commerce Models
News: The Government allowed Foreign Direct Investment in inventory-based e-commerce entities exclusively for exports of goods manufactured and produced in India. About FDI in Inventory-based E-commerce Models Two Models of E-commerce in India: India’s FDI policy has traditionally distinguished between two models of e-commerce: Inventory-based Model: The e-commerce entity owns the inventory of goods and… Continue reading FDI in Inventory-based E-commerce Models
Principal Purpose Test (PPT)
News: India amended its tax treaty with Sri Lanka to include the Principal Purpose Test (PPT) and prevent treaty abuse. About Principal Purpose Test (PPT) The PPT is an anti-tax avoidance rule in Double Taxation Avoidance Agreements (DTAAs). Features: It allows tax authorities to deny treaty benefits if a main purpose of an arrangement is… Continue reading Principal Purpose Test (PPT)
