News: Finance Minister highlighted that India may not legalize private cryptocurrencies but must “prepare to engage” with stablecoins to avoid exclusion from global financial shifts. About Stablecoins Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging to fiat currencies, commodities, or financial instruments. They are created to reduce price fluctuations… Continue reading Stablecoins
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.
National Pulses Mission
News: The Union Cabinet has recently approved the National Pulses Mission. About National Pulses Mission It is a six-year national initiative to boost domestic production of pulses, reduce import dependency, and achieve self-sufficiency. Aim: To achieve self-reliance in pulses by 2030-31. Objectives: It seeks to reduce India’s dependence on imports and conserve valuable foreign exchange.… Continue reading National Pulses Mission
Petroleum and Natural Gas Regulatory Board (PNGRB)
News: PNGRB released a concept paper proposing an interoperable service framework so LPG bookings are fulfilled within 24 hours, even by another Oil Marketing Company. About Petroleum and Natural Gas Regulatory Board (PNGRB) PNGRB is sector regulator for petroleum, petroleum products, and natural gas, with a consumer-protection and market-development mandate under its Act. Established: It… Continue reading Petroleum and Natural Gas Regulatory Board (PNGRB)
Indian Ports Act 2025
News: Recently, the Indian Ports Act 2025 was introduced to replace the colonial-era Indian Ports Act of 1908. About the Indian Ports Act, 2025 The Indian Ports Act, 2025, replaces the 1908 Indian Ports Act with a forward-looking, integrated framework tailored to the demands of a modern economy. It was passed by Parliament in August 2025 to align India’s port governance with global standards. Aim: To unlock the full potential… Continue reading Indian Ports Act 2025
National Science and Technology Survey of India
News: The Ministry of Science and Technology plans to postpone publishing its National S&T Survey analysis due to weak private-sector responses, with a likely submission extension to November 30, 2025. About National Science and Technology Survey of India It is a biennial survey that gauges the state of scientific research in India. It is prepared… Continue reading National Science and Technology Survey of India
Article 304 of Indian Constitution
News: The Supreme Court struck down a 2007 Rajasthan notification granting VAT exemption on locally made asbestos cement sheets and bricks, citing violation of Article 304(a). About Article 304 of Indian Constitution Article 304 Notwithstanding anything in Article 301 or Article 303, the Legislature of a State may by law- (a) impose on goods imported… Continue reading Article 304 of Indian Constitution
EU Deforestation Regulation (EUDR)
News: The Coffee Board is holding ‘extensive’ awareness and capacity-building programmes to increase the number of growers registering on its mobile application for EUDR compliance. About EU Deforestation Regulation (EUDR) About The EU Deforestation Regulation (EUDR) is a regulation aimed at reducing global deforestation and forest degradation. Objectives To ensure that the listed products consumed,… Continue reading EU Deforestation Regulation (EUDR)
GST Appellate Tribunal (GSTAT)
News: The launch of GSTAT and the GSTAT e-Courts Portal marks a major step in strengthening India’s indirect tax dispute-resolution system. About GST Appellate Tribunal (GSTAT) About GSTAT It is the specialized second-appeal forum for GST disputes, providing a common Centre-State platform. It ensures uniform, quicker dispute resolution. Legal backing It is a statutory appellate… Continue reading GST Appellate Tribunal (GSTAT)
DRAVYA Portal
News: The Dravya Portal (Digitized Retrieval Application for Versatile Yardstick of AYUSH Substances) is launched by the Ministry of AYUSH to catalogue comprehensive data on Ayurvedic medicinal substances and products. About DRAVYA Portal It is the largest collection of data on Ayurvedic Ingredients and Products made easily available to everyone. It is an ever growing, ever… Continue reading DRAVYA Portal
World Food India 2025
News: The Ministry of Food Processing Industries (MoFPI) hosted the fourth edition of World Food India (WFI) 2025 from 25th to 28th September 2025 at Bharat Mandapam, New Delhi. About World Food India 2025 World Food India (WFI) is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate. Organized by: Ministry of… Continue reading World Food India 2025
