News: Sa-Dhan’s Bharat Microfinance Report 2025, highlights rising delinquencies in FY2024–25 and a temporary slowdown. About Sa-Dhan Bharat Microfinance Report 2025 Prepared by: The Bharat Microfinance Report 2025 has been prepared by Sa-Dhan, in partnership with NABARD, using data from over 200 micro-lending institutions that cover 98% of industry operations. It brings together information from… Continue reading Sa-Dhan Bharat Microfinance Report 2025
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.
Sawalkote Hydel Project
News: The Indian government has now recommended environmental clearance for the 1,856-MW Chenab project in Jammu and Kashmir. About Sawalkote Hydel Project Location : The project is located in Jammu and Kashmir, (Ramban district) River: The project is on the Chenab River. Build by: The project will be built by National Hydroelectric Power Corporation (NHPC)… Continue reading Sawalkote Hydel Project
PM-KUSUM
News: India will scale up PM-KUSUM and showcase it across developing nations through the International Solar Alliance to expand irrigation access, energy security, and clean power. About PM-KUSUM Full form: Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan It is a government scheme for farmers to install solar pumps and grid-connected solar and other renewable… Continue reading PM-KUSUM
Draft National Labour & Employment Policy — Shram Shakti Niti 2025
News: The Ministry of Labour and Employment released the draft National Labour & Employment Policy – Shram Shakti Niti 2025 for public consultation. About Draft National Labour & Employment Policy — Shram Shakti Niti 2025 The draft presents a renewed vision for a fair, inclusive, and future-ready world of work aligned with the national aspiration… Continue reading Draft National Labour & Employment Policy — Shram Shakti Niti 2025
Electronic Bank Guarantees (e-BGs)
News: During the Global Fintech Fest 2025, the National e-Governance Division and National E-Governance Services Limited signed a MoU to link Entity Locker with the Digital Document Execution platform for electronic bank guarantees (e-BGs). About Electronic Bank Guarantees (e-BGs) Paper BG: The Paper BG in India are issued as paper documents by banks, on request… Continue reading Electronic Bank Guarantees (e-BGs)
Foreign Currency Settlement System (FCSS)
News: Recently, Finance Minister Nirmala Sitharaman launched the foreign currency settlement system in GIFT City. About Foreign currency settlement system (FCSS) Launched by: The International Financial Services Centres Authority (IFSCA) The IFSCA has authorised CCIL IFSC Limited (CIL) to operate the FCSS under the relevant provisions of the Payment and Settlement Systems Act, 2007. Standard… Continue reading Foreign Currency Settlement System (FCSS)
Securities Transaction Tax (STT)
News: On October 6, 2025, the Supreme Court decided to examine a plea challenging the constitutional validity of the Securities Transaction Tax under the Finance Act, 2004. About Securities Transaction Tax (STT) It is a direct tax on every purchase and sale of securities listed on recognised stock exchanges in India. Introduced in: It was… Continue reading Securities Transaction Tax (STT)
Schedule M Norms
News: 18 States use the Online National Drugs Licensing System (ONDLS), but none has fully met the Corrective and Preventive Action (CAPA) requirements under the revised Schedule M norms. About Schedule M Norms Schedule M prescribes Good Manufacturing Practices (GMPs) to ensure medicines are safe, effective, and of consistent quality. Legality: It is a key… Continue reading Schedule M Norms
Very Large Gas Carrier (VLGC) “Shivalik”
News: Union Minister of Ports received India’s third VLGC “Shivalik” under the Indian flag at Visakhapatnam Port, marking a national maritime milestone. About Very Large Gas Carrier (VLGC) “Shivalik” ‘Shivalik’ is a Very Large Gas Carrier (VLGC), which is a sub-class of gas carriers designed to transport a much higher volume of gas. It joined… Continue reading Very Large Gas Carrier (VLGC) “Shivalik”
PM-SETU Scheme
News: On October 4, the Prime Minister launched PM-SETU, a centrally sponsored scheme to upgrade 1,000 Government ITIs. About PM-SETU Scheme Full Form: Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs. It modernizes government ITIs through a hub-and-spoke model to align skilling with market demand. Type of Scheme: Centrally sponsored scheme (government-owned but industry-managed… Continue reading PM-SETU Scheme
