News: The Department of Financial Services (DFS) has launched India’s first sovereign-backed Protection and Indemnity insurance product under Bharat Maritime Insurance Pool (BMIP). About India’s First Protection and Indemnity (P&I) Insurance Product India’s first sovereign-backed Protection & Indemnity (P&I) insurance product has been launched to provide domestic P&I cover for Indian ships and vessels connected… Continue reading India’s First Protection and Indemnity (P&I) Insurance Product
Category: Factly: Schemes and Programs
This category contains all new schemes and Programs in Factly Articles for Prelims. You can find all relevant updates on Schemes and Programs on this page. This page is specifically useful for UPSC Prelims exam.
Telecom Manufacturing Zone
News: Department of Telecommunications Signs MoU with Government of Madhya Pradesh for Establishment of Telecom Manufacturing Zone (TMZ) in Gwalior. About Telecom Manufacturing Zone Location: The Department of Telecommunications (DoT) and the Government of Madhya Pradesh signed a Memorandum of Understanding (MoU) to establish India’s first integrated Telecom Manufacturing Zone (TMZ) in Gwalior, Madhya Pradesh.… Continue reading Telecom Manufacturing Zone
DAANVEER Initiative
News: DAANVEER initiative was launched to strengthen the digital infrastructure of Gram Panchayats across the country. About DAANVEER Initiative DAANVEER is a citizen participation initiative launched to strengthen the digital infrastructure of Gram Panchayats across India. Nodal Ministry: The Ministry of Panchayati Raj is the nodal ministry responsible for implementing the initiative. Developed by: It… Continue reading DAANVEER Initiative
PM Vidyalaxmi Scheme
News: The Pradhan Mantri Vidyalaxmi Scheme is a flagship initiative of the Education Ministry that seeks to make quality higher education accessible to deserving students facing financial constraints. About PM Vidyalaxmi Scheme Background: The PM Vidyalaxmi Scheme (PM-Vidyalaxmi) is rooted in the National Education Policy (NEP) 2020, underscores the policy’s emphasis on making financial aid available… Continue reading PM Vidyalaxmi Scheme
Initiatives Undertaken in Rashtrapati Bhavan
News: As President Smt. Droupadi Murmu marked four years in office, various Initiatives were undertaken in Rashtrapati Bhavan and the President’s Estates. About Initiatives Undertaken in Rashtrapati Bhavan Launch of e-Audio Guide for visitors to Rashtrapati Bhavan: The application-based e-Audio Guide has been launched to enhance visitors’ experience. It will be available in Hindi, English… Continue reading Initiatives Undertaken in Rashtrapati Bhavan
MISHTI Scheme and Great Green Wall of Andhra Pradesh initiative
News: Andhra Pradesh secured second place under the MISHTI scheme after restoring 2,047.70 hectares of mangroves during 2025–26. About MISHTI Scheme Full form: Mangrove Initiative for Shoreline Habitats and Tangible Incomes (MISHTI) Scheme It is a scheme to promote, conserve and restore mangroves for ecological protection and climate resilience. Launched by: The Ministry of Environment,… Continue reading MISHTI Scheme and Great Green Wall of Andhra Pradesh initiative
Corporate Mitra Scheme
News: The Indian Institute of Corporate Affairs organised an awareness webinar on the Corporate Mitra Scheme in Arunachal Pradesh. About Corporate Mitra Scheme Corporate Mitra Scheme is a flagship initiative to create Corporate Mitras for supporting Micro, India’s Micro, Small and Medium Enterprises (MSMEs). Launched by: The Ministry of Corporate Affairs announced the scheme in the… Continue reading Corporate Mitra Scheme
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)
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
PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR VIBRANT INDIA)
News: The Government of India has reaffirmed its commitment to expanding educational opportunities for students belonging to the Other Backward Classes (OBC), Economically Backward Classes (EBC) and Denotified, Nomadic and Semi-Nomadic Tribes (DNT) through the PM-YASASVI (Prime Minister Young Achievers Scholarship Award Scheme for Vibrant India) umbrella scheme. About PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR… Continue reading PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR VIBRANT INDIA)
