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INDIA NEEDS TO WIN BACK FOREIGN INVESTORS Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? The Union government recently increased the effective import duty on gold from 6% to 15% to reduce imports and ease pressure on India’s balance of payments amid rising oil prices and external …
Read MoreA REVISION OF GDP AND ITS IMPLICATIONS Why in the News? India has released a revised GDP series with 2022–23 as the new base year, replacing the earlier 2011–12 base year series. The revision reduces the estimated absolute size of GDP and alters the sectoral composition of production in the economy. While the correction in …
Read MoreOSOP Scheme Boosts Local Crafts via Railways Why in the News? The Indian Railways’ One Station One Product (OSOP) scheme has expanded to over 2,000 railway stations, benefiting 1.32 lakh artisans and small producers by providing direct market access, strengthening Vocal for Local and livelihood generation, while also promoting environmentally sustainable practices. OSOP Scheme: Expanding …
Read MoreTaiwanese Firm to Invest ₹1,000 Crore in Karnataka’s Industrial Park In a significant move aimed at strengthening India’s position in the global electronics and semiconductor value chain, the Allegiance Group, a Taiwanese firm, has signed an agreement with the Karnataka government to invest ₹1,000 crore in the development of an India-Taiwan Industrial Park (ITIP). This …
Read MoreTransforming India’s Fisheries Sector Syllabus GS 3 Government Policies and Interventions Why in the News? Recently, on World Fisheries Day 2025, the FAO supported India’s theme “India’s Blue Transformation: Strengthening Value Addition in Seafood Exports,” highlighting the need for sustainability, value addition, and stronger aquatic value chains nationwide. Introduction India’s fisheries and aquaculture sectors have …
Read MoreKarnataka’s Skill Development Policy 2025-2032: A Strategic Move for Economic Growth Karnataka, one of India’s leading states in terms of economic growth, has launched its Skill Development Policy 2025-2032. This policy aims to create a skilled workforce aligned with emerging sectors like AI, blockchain, and green energy, in line with the state’s ambition to become …
Read MoreFlexible Inflation Targeting Needs Careful Future Calibration Syllabus: GS Paper – 3 Monetary Policy Growth & Development , Fiscal Policy Why in the News ? India’s Flexible Inflation Targeting (FIT) framework, which mandates maintaining 4% inflation with a ±2% band, is due for review in March 2026. The RBI’s new discussion paper raises key questions …
Read MoreIndia and Africa: Forging a Shared Strategic Future Syllabus: GS-2: Groupings & Agreements Involving India and/or Affecting India’s Interests ,India and its Neighbourhood ,Effect of Policies & Politics of Countries on India’s Interests Why in the News ? Prime Minister Narendra Modi, during his Mann Ki Baat address on October 26, announced year-long nationwide celebrations …
Read MoreThe four key factors of production—land, labor, capital, and entrepreneurship—drive the process of creating goods and services in an economy. Understanding these factors is essential for analyzing economic growth, productivity, and development strategies.
Read MoreUnderstand Dovish Monetary Policy: a growth-oriented approach prioritizing lower interest rates, increased money supply, and economic expansion. Essential for GS Paper 3 Economics, this concept is key for UPSC and RBI exam aspirants.
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