News: The World Bank’s Board of Executive Directors approved $1.5 billion in financing to support India’s structural reforms to boost private sector-led job creation and economic growth under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation. About Development Policy Financing (DPF) Operation Development Policy Financing (DPF) is a World Bank… Continue reading Development Policy Financing (DPF) Operation
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.
Drunix Platform
News: NPCI launched Drunix Platform to help organisations build and scale tokenisation platforms, digital asset ecosystems, and multi-organisation networks. About Drunix Drunix is an open-source blockchain platform to help companies build and scale tokenisation platforms, digital asset ecosystems, and multi-organisation networks. Launched by: It has been launched by the National Payments Corporation of India (NPCI). Aim:… Continue reading Drunix Platform
WT-MARUT
News: Union Minister Pralhad Joshi launched the WT-MARUT Portal during the Global Wind Day 2026 National Conference in Goa. About WT-MARUT WT-MARUT: Wind Turbine Materials and Resources Utility Tracker (WT-MARUT) is India’s first dedicated digital platform for managing and streamlining the wind energy supply chain. Launched by: The portal was launched by Union Minister for… Continue reading WT-MARUT
Drop Shipping
News: Growing concerns over AI-created online storefronts and unverified sellers have brought renewed attention to drop shipping practices. About Drop Shipping Drop shipping is a retail model where sellers accept customer orders without storing the products they sell. Working Mechanism: Business Arrangement: The seller enters into an agreement with a wholesaler, manufacturer, or another retailer… Continue reading Drop Shipping
BRICS Indore Declaration
News: The BRICS Agriculture Ministers’ meeting held in Indore concluded with the unanimous adoption of the BRICS Indore Declaration. About BRICS Indore Declaration Aspects Description About BRICS Indore Declaration is a Farmer-Centric Global Charter adopted by BRICS member countries during the 2026 Agriculture Ministers’ Meeting in Indore, Madhya Pradesh. Aim It aims at strengthening food… Continue reading BRICS Indore Declaration
Memflation
News: Memflation has gained attention because rising memory chip prices are increasing the prices of electronic goods and adding pressure on retail inflation. About Memflation Memflation (a combination of “memory” and “inflation”) refers to the rapid and structural rise in the prices of semiconductor memory chips, such as DRAM (Dynamic Random-Access Memory) and NAND flash… Continue reading Memflation
Oilseeds Kisaan Mitra
News: India’s First Nationwide WhatsApp AI Advisory, ‘Oilseeds Kisaan Mitra,’ has been launched for Oilseed Farmers. About Oilseeds Kisaan Mitra Oilseeds Kisaan Mitra is India’s first nationwide WhatsApp AI advisory for oilseed farmers. Developed by: It has been developed by ICAR-Indian Institute of Oilseeds Research (ICAR-IIOR), Hyderabad. Its knowledge base has been built collaboratively with… Continue reading Oilseeds Kisaan Mitra
Land Port Management System (VINIMAY)
News: Union Home Minister launched the Land Port Management System (LPMS) ‘Vinimay,’ to modernise operations across India’s land ports. About Land Port Management System (VINIMAY) Land Port Management System (LPMS), Vinimay, is a unified digital platform that integrates operations across India’s land ports. Developed by: It has been developed by the Land Ports Authority of… Continue reading Land Port Management System (VINIMAY)
Tezpur Litchi
News: APEDA facilitated the first export consignment of GI-tagged Tezpur litchi from Assam to Dubai on 7 June 2026. About Tezpur Litchi Location Tezpur litchi is mainly grown in the Sonitpur district of Assam. Other major varieties cultivated in the region include Bombaya, Bilati, Elaichi, Piyaji, and Sahi. Key Characteristics Appearance: It is known for… Continue reading Tezpur Litchi
SAPLING Dialogue and Initiative
News: The Ministry of Food Processing Industries (MoFPI), in collaboration with the World Bank Group-led SAPLING initiative, inaugurated the SAPLING Dialogue. About SAPLING Dialogue Aspects Details About Held at: The SAPLING Regional High-Level Policy Dialogue was held in Ahmedabad, Gujarat. Title: “Unlocking Value: Advancing Food Processing for Employment Generation and Sustainable Growth in South Asia”. Objective:… Continue reading SAPLING Dialogue and Initiative
