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RBI Holds Repo Rate Steady Amid Global Risks Why in the News ? The Reserve Bank of India Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.25%, citing global uncertainties, inflation risks, and supply disruptions, while maintaining a neutral stance to balance growth and price stability. Key Decisions of Monetary Policy Committee: …
Read MoreINDIA SLIPS TO SIXTH LARGEST ECONOMY Why in the News? Global ranking shift: International Monetary Fund data shows India slipped to sixth-largest economy in 2026 behind UK and Japan. Economic reassessment: GDP revision and rupee depreciation reduced India’s GDP in dollar terms, affecting its global ranking. Reasons behind India’s decline in global GDP ranking GDP …
Read MorePM APPROVES FOUR MAJOR WELFARE AND DEVELOPMENT SCHEMES Why in the News? Policy Decisions: Prime Minister approved four major schemes covering women empowerment, agriculture infrastructure, accident care, and startups from Seva Teerth office. Welfare Expansion: Government announced enhanced financial outlays and expanded targets for Lakhpati Didi, Agriculture Infrastructure Fund, PM RAHAT, and Startup India Fund …
Read MoreUN REPORT PEGS INDIA’S ECONOMIC GROWTH AT 7.4% IN 2025 Why in the News? UN projection: The United Nations has estimated India’s economic growth at 7.4% in calendar year 2025, considering environmental impact assessments in economic planning. Upward revision: The estimate marks a sharp upward revision from the UN’s earlier 6.3% forecast (September 2025), with …
Read MoreGOVT PEGS REAL GDP GROWTH AT 7.4% AMID TARIFF CONCERNS Why in the News? Official estimate: The Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE), pegging real GDP growth at 7.4% for FY 2025–26. Growth slowdown signal: Despite strong Q1 (7.8%) and Q2 (8.2%) performance, growth is expected to moderate in …
Read MoreNational Manufacturing Mission (NMM): Driving India’s Manufacturing Future The National Manufacturing Mission (NMM), introduced as part of India’s broader economic strategy, aims to revolutionize the country’s manufacturing sector, positioning India as a global manufacturing hub. This mission is a key component of the Make in India initiative and is designed to enhance India’s industrial base, …
Read MoreINTER-STATE RIVALRY THAT IS FUELLING INDIA’S GROWTH Why in the News? Google recently announced plans to set up its largest Artificial Intelligence (AI) data centre outside California in Andhra Pradesh. The announcement was welcomed by Andhra Pradesh Chief Minister N. Chandrababu Naidu, who hailed it as a major investment win for the State. The move …
Read MoreFuture of India’s Demography Syllabus GS 2: Government policies and intervention Why in the News? Recently, the government announced a Demographic Mission on August 15, 2025, to monitor undocumented immigration from Bangladesh, sparking debates on the need for a broader, inclusive demographic policy for India. Introduction The announcement made on August 15, 2025, regarding the …
Read MoreGST Overhaul: Balancing Reform with Fiscal Prudence Syllabus: GS Paper – 3 Fiscal Policy, Inclusive Growth Why in the News? The recent overhaul of the Goods and Services Tax (GST), effective from September 22, 2025, rationalized the tax structure by eliminating the 12% and 28% slabs, redistributing items into 5% and 18% categories. While this …
Read MoreGST 2.0 AND YOUTHFUL INDIA’S ECONOMIC FUTURE Syllabus: GS-3: ● Indian economy ● Taxation and reforms Why in the News? India has unveiled GST 2.0, a significant reform aimed at simplifying tax rates, easing burdens on essentials, and exempting critical services such as insurance. This step seeks to strengthen household purchasing power, boost consumption, empower …
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