News: Government has notified Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023. About Inventory-based Cross-border E-Commerce Export Framework The Government of India has operationalised the Inventory-based Cross-border E-Commerce Export Framework under the Foreign Trade Policy (FTP), 2023. It is to establish a structured mechanism for inventory-based cross-border e-commerce exports of goods manufactured or… Continue reading Inventory-based Cross-border E-Commerce Export Framework
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.
Key Facts about Lesotho
News: India and Lesotho reviewed the full spectrum of their bilateral relationship during the sixth meeting of the India-Lesotho Joint Bilateral Commission for Cooperation (JBCC) held in New Delhi. Key Facts about Lesotho Location: It is a landlocked country located in southern Africa. Largest enclave: It is entirely surrounded by South Africa, making it the largest of only three sovereign… Continue reading Key Facts about Lesotho
Licensing for Urban Co-operative Banks (UCBs)
News: The Reserve Bank of India (RBI) plans to re-start issuing fresh licensing for Urban Co-operative Banks (UCBs)after a gap of two decades. About Licensing for Urban Co-operative Banks (UCBs) The Reserve Bank of India (RBI) has proposed to restart issuing fresh licences for setting up Urban Co-operative Banks (UCBs) after a gap of nearly… Continue reading Licensing for Urban Co-operative Banks (UCBs)
Panari Hydropower Project and Baghain River
News: The Standing Committee of the National Board for Wildlife (SC-NBWL) recommended wildlife clearance for the Panari Pumped Storage Project in the Panna–Ranipur Tiger Corridor. About Panari Hydropower Project Location: The project is located in Satna and Panna districts of Madhya Pradesh. Objective: The project aims to develop a Pumped Storage Project (PSP) by using… Continue reading Panari Hydropower Project and Baghain River
Kisan Credit Card–Modified Interest Subvention Scheme (KCC–MISS)
News: A third-party ISEC assessment found that KCC–MISS reduced farmers’ interest burden and improved agricultural value addition across diverse agro-regions. About Kisan Credit Card–Modified Interest Subvention Scheme (KCC–MISS) Type: Kisan Credit Card–Modified Interest Subvention Scheme (KCC-MISS) is a Central Sector Scheme, launched in 2006–07. Nodal Ministry: It is under the Ministry of Agriculture and Farmers’… Continue reading Kisan Credit Card–Modified Interest Subvention Scheme (KCC–MISS)
Key Highlights of Research and Development Statistics 2025-26
News: The Department of Science and Technology released the Research and Development Statistics 2025-26, highlighting record R&D expenditure and private-sector leadership. Key Highlights of Research and Development Statistics 2025-26 Released by: It is released by the Department of Science and Technology (DST). Key Highlights of Research and Development Statistics 2025-26: Record R&D Expenditure: India’s Gross… Continue reading Key Highlights of Research and Development Statistics 2025-26
Ujh Multipurpose Project
News: The status and phased implementation roadmap of the Ujh Multipurpose Project (MPP) has been reviwed in Kathua district of Jammu & Kashmir. About Ujh Multipurpose Project It is a multipurpose(Hydropower, Irrigation and Drinking) River valley scheme and is first of its kind in Jammu and Kashmir. Associated river: The proposed project is on the… Continue reading Ujh Multipurpose Project
Pradhan Mantri Surya Sarovar Yojana (PM-SSY)
News: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the ‘Pradhan Mantri Surya Sarovar Yojana (PM-SSY)’. About Pradhan Mantri Surya Sarovar Yojana (PM-SSY) It is a scheme for the development of Floating Solar Photovoltaic (FSPV) Projects with Energy Storage Systems (ESS). Aim: It aimed at accelerating floating solar power by providing… Continue reading Pradhan Mantri Surya Sarovar Yojana (PM-SSY)
Samudra Manthan (National Offshore Exploration Scheme)
News: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved ‘Samudra Manthan (National Offshore Exploration Scheme). About Samudra Manthan (National Offshore Exploration Scheme) Samudra Manthan is a comprehensive initiative to accelerate offshore oil and gas exploration and production across the entire exploration value chain. It adopts an integrated approach to accelerate… Continue reading Samudra Manthan (National Offshore Exploration Scheme)
Xtreme Weather Grade (XWG) Diesel
News: Chief of the Army Staff (COAS) launched the indigenously developed Xtreme Weather Grade (XWG) Diesel in New Delhi, jointly developed by the Indian Army and Oil Marketing Companies. About Xtreme Weather Grade (XWG) Diesel It is a specialized fuel that will enhance the mobility, safety and operational availability of combat and logistics vehicles in… Continue reading Xtreme Weather Grade (XWG) Diesel
