News: The Government of India has introduced CGSMFI-2.0 to increase credit flow to microfinance institutions and support small borrowers. About Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) CGSMFI-2.0 is a credit guarantee scheme that provides cover to banks against losses on loans given to MFIs for small borrowers. Launched in: The scheme was launched in… Continue reading Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)
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.
Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME)
News: Recently, the Mutual Credit Guarantee Scheme (MCGS) has been modified to support Micro, Small and Medium Enterprises (MSME) Manufacturers and Exporters in line with Budget 2025-26. About Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) It was launched to support Micro, Small and Medium Enterprises (MSME) Manufacturers and Exporters. It was initially launched… Continue reading Revised Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME)
Defence India Start-up Challenge (DISC-14) and ADITI Challenge under iDEX Framework
News: Raksha Mantri launched DISC-14 and ADITI 4.0 challenges during National Defence Industries Conclave 2026 to promote defence innovation and indigenous capabilities. About Defence India Start-up Challenge (DISC-14) Defence India Start-up Challenge is a flagship programme supporting startups, MSMEs, and innovators in defence and security. Inception: It was launched on August 4, 2018 by the… Continue reading Defence India Start-up Challenge (DISC-14) and ADITI Challenge under iDEX Framework
VB-G Ram G Youth Digital Campaign
News: Ministry of Rural Development has launched nationwide ‘VB-G Ram G Youth Digital Campaign’ to encourage participation of rural youth in development activities. About VB-G Ram G Youth Digital Campaign It is a campaign to make youth active partners in nation-building through a digital platform to showcase progress and innovation in their villages. Launched by:… Continue reading VB-G Ram G Youth Digital Campaign
‘RELIEF’ Scheme
News: The Commerce and Industry Ministry launched ‘RELIEF’ Scheme to ease pressure on exporters facing trade disruption due to the ongoing war in West Asia. About ‘RELIEF’ Scheme Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme is time-bound and targeted measure to support Indian exporters facing disruptions due to the evolving geopolitical situation in West… Continue reading ‘RELIEF’ Scheme
Small Hydro Power Development Scheme
News: The Union Cabinet approved the Small Hydro Power Development Scheme for 2026-27 to 2030-31 with ₹2,584.60 crore outlay. About Small Hydro Power Development Scheme It is a scheme to install about 1,500 MW small hydro power capacity across India. Nodal Ministry: It is under the Ministry of New and Renewable Energy (MNRE), unlike larger… Continue reading Small Hydro Power Development Scheme
Bharat Audyogik Vikas Yojna (BHAVYA)
News: The Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA) for developing 100 plug-and-play industrial parks across the country. About Bharat Audyogik Vikas Yojna (BHAVYA) It is a scheme for developing 100 plug-and-play industrial parks across the country. Aim: It aims to develop world-class industrial infrastructure, unlocking manufacturing potential of the country. It… Continue reading Bharat Audyogik Vikas Yojna (BHAVYA)
“e-CHARAK” mobile application
News: National Medicinal Plants Board (NMPB) has recently launched “e-CHARAK” mobile application designed to facilitate trade and information exchange in the medicinal plants sector. About “e-CHARAK” mobile application e-CHARAK is a mobile application and web portal for the promotion and marketing of medicinal plants/herbs. Objective: It is to provide a platform for the trade of… Continue reading “e-CHARAK” mobile application
Samriddh Gram Phygital Services Initiative
News: Union Minister inaugurated the Samriddhi Kendra at Umri village under the Samriddh Gram Phygital Services Pilot Initiative. About Samriddh Gram Phygital Services Initiative Samriddh Gram Phygital Services Initiative is a pilot project that integrates physical and digital services to deliver multiple citizen services in rural areas. Implemented by: The initiative is implemented by the… Continue reading Samriddh Gram Phygital Services Initiative
Sujal Gaon ID
News: Union Minister of Jal Shakti released the Sujal Gaon ID that enables complete digital mapping of rural piped water supply assets. About Sujal Gaon ID Sujal Gaon ID is a unique digital identification system for rural piped water supply schemes. Launched by: It was launched by the Ministry of Jal Shakti under the Jal Jeevan… Continue reading Sujal Gaon ID
