Ramesh Singh: Indian Economy for Civil Services, Universities and Other Examinations

Ramesh Singh: Indian Economy for UPSC IAS Civil Services, Universities and Other Examinations: McGraw Hill is proud to present the 12th revised edition of Indian Economy. It is one of the most recommended comprehensive books on the subject for many years, written by a subject expert who has several books on economics, contemporary essays, etc. … Read more

Indian Economy Question Bank by InsightsIAS

Indian Economy Question Bank by InsightsIAS Published by Oxford University Press in Now Available We are proud that Oxford University Press has published book by InsightsIAS for the benefit of UPSC civil services exam aspirants. This book is the result of hard work of team at InsightsIAS which includes quality teaching faculty(present faculty), mentors and content team … Read more

Minimum Support Price (MSP) for Vegetables & Fruits

Minimum Support Price (MSP) for Vegetables & Fruits Why in NEWS ? The Kerala government on 21st October 2020, decided to fix a minimum support price (MSP) for vegetables and fruits as part of its decision to support farmers and boost the agricultural sector. Join our Official Telegram Channel HERE for Motivation and Fast Updates Subscribe to our YouTube Channel HERE to watch … Read more

UPSC (IAS) Prelims 2020: Important Questions for Preparation of Economics & Social Development

Important questions from Economy & Social Development for UPSC (IAS) Prelims 2020. These questions have been compiled after a detailed analysis of the past 3 years UPSC (IAS) Previous Year’s paper and will help aspirants in the approaching Prelims exam preparation.  Important questions of Economy for preparation of UPSC (IAS) Prelims 2020 exam preparation which … Read more

UPSC Prelims Exam 2020 Important Topics – Economy free download

UPSC Civil Services Examination – 2020 Indian Economy Important Topics General Studies Paper (Prelims and Mains) In General studies paper of UPSC Civil services Examination, Economy is one of the most important sections of the Prelims as well as mains exam. One can easily expect 15 – 20 questions from Economy syllabus in UPSC Prelims … Read more

UPSC CSE (IAS) Exam: Economic Survey and Union Budget 2020 : Important Notes with MCQ

UPSC Exam 2020: Economic Survey and Union Budget 2020 Important Notes with MCQ Budget and Economic Survey for UPSC Civil Services Exam 2020 | Importance & Economic Survey and Budget 2020 The budget and the economic survey are the most important documents released by the Government of India. They are extremely important sources of information … Read more

India sets target of achieving 100 MT coal gasification by 2030

On August 31, 2020, the Union Minister of Coal and Mines Shri Prahlad Joshi announced at a webinar that India aims for 100 million tonnes of coal gasification by 2030. This is to be achieved through investments worth Rs 4 lakh crores. The Government of India has provided concession of 20% on revenue share of … Read more

Chunauti: Next Generation Start Up Challenge contest

On August 28, 2020, the Government of India launched “Chunauti”, the next generation start up challenge contest. Around 300 start ups working in select areas are to be identified and provided with seed fund up to Rs 25 lakhs. The challenge is launched with a special focus on Tier-II towns. Chunauti is Challenge Hunt Under … Read more

India ranks first in Organic Farming

The Ministry of Agriculture and Farmers Welfare recently announced that India ranks first in Organic Farming. Also, India ranks ninth in terms of areas under Organic Farming. Highlights Sikkim was the first state in the world to become completely organic. The other states that have similar targets include Uttarakhand and Tripura. Measures by India to … Read more

PM Modi to launch “Transparent Taxation-Honouring the Honest”

On August 12, the Prime Minister Modi is to unveil a new platform called “Transparent Taxation-Honouring the Honest”. This was earlier announced by the Finance Minister Nirmala Sitharaman as “Tax Charter” in Budget 2020-21. The Government of India is to unveil fresh measures including big-ticket infrastructure projects to make local industry more competitive. This mainly … Read more

Priority Sector Lending (PSL)

The Reserve Bank of India has assigned priority sector lending (PSL) status to India’s startup sector. Significance of the move: RBI opening up more funds for lending to startups is a very positive step. Startups have not had easy access to debt, stymied by traditional lender metrics of creditworthiness. This is a huge booster as sufficient funding and user adoption are … Read more

RBI Monetary Policy Highlights

Part of: GS Prelims and Mains III – Indian Economy – Monetary policy; RBI and Banking  Context:  RBI Governor Shaktikanta Das announced key policy decisions during the third review of the monetary policy since the COVID­19 pandemic spread in the country.  Do you know?  Monetary policy is the process by which the RBI controls the supply of money, … Read more

RBI launches “Innovation Hub” for Financial Inclusion

On August 6, 2020, the Reserve Bank of India launched “Innovation Hub” for ideation and incubation of new capabilities that can be leveraged to deepen financial inclusion. About Innovation Hub The hub is being launched to promote the start ups in the country. It will help in ideation and incubation of new capabilities. This will … Read more

Khadi Agarbatti Aatmanirbhar Mission Launched: Highlights

Proposed by KVIC (Khadi and Village Industries Commission) and approved by the Minister of Micro Small and Medium Enterprises Nitin Gadkari Khadi Agarbatti Aatmanirbhar Mission is all set to generate employment for the local artisans making India self-reliant in agarbatti production. Join our Official Telegram Channel HERE for Motivation and Fast Updates Subscribe to our YouTube Channel HERE to watch Motivational … Read more

Core sector output shrank further

Part of: GS Prelims and Mains II – Economics – Growth and Development  Context:  The output of eight core sector industries shrank further.  Economists expect the negative trend to continue for at least two more months.  During April-­June 2020­21, the sector’s output dipped by 24.6% as compared to a positive growth of 3.4% in the same … Read more

UPSC Prelims 2020 Important Topics: Reserve Bank of India

Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy with respect to the national currency, the Indian rupee. The basic functions of the RBI are the issuance of currency, to sustain monetary stability in India, to operate the currency and maintain the country’s credit system.   What is RBI? RBI is … Read more

UPSC Prelims 2020 Important Topics: Banks & Monetary policy in India

Monetary policy is adopted by the monetary authority of a country that controls either the interest rate payable on very short-term borrowing or the money supply. The policy often targets inflation or interest rate to ensure price stability and generate trust in the currency. The monetary policy in India is carried out under the authority … Read more

RPSC RAS Mains Exam Paper-I:Unit II-Part A- Indian Economy

RPSC RAS Mains Exam Paper-I:Unit II-Part A- Indian Economy: Rajasthan Administrative Services Mains Exams Indian Economy Study Material. RAS Mains Indian Economy Indian Economy Major Sectors of Economy: Agriculture, Industry & Service- Current Status, Issues and Initiatives Banking: Concept of Money supply & High Powered Money. Role and Functions of Central Bank & Commercial Banks, … Read more

Union Budget 2020-21 Key Highlights

Budget 2020 Highlights: Amidst the economy struggling with a six-year low GDP growth, Union Finance Minister Nirmala Sitharaman presented the Budget 2020 on Saturday that focused on raising the purchasing power by cutting income tax rates and boosting rural income. Union Budget 2020 Highlights General Knowledge 2020 Yearbook – Download This was the longest Budget speech by … Read more

Economic Survey 2020: Analysis, Highlights & Summary – PDF Download

Economic Survey 2019-20 PDF has been tabled in the Parliament by Chief Economic Advisor (CEA) Krishnamurthy V Subramanian. The Survey focuses on the theme of integrating old with new through Trust in the economy; promoting pro-business policies and creating wealth and job opportunities. The Survey projects India’s GDP growth at 6-6.5 percent in 2020-21. Have … Read more