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On July 19, 1969, the Indian government undertook one of the most significant economic shifts in the country's history by nationalising 14 major private commercial banks. This move, led by then Prime Minister Indira Gandhi, aimed to align the banking sector with the social and developmental goals of the nation. Decades later, the debate over the effectiveness of public sector banking continues to shape India's financial reforms and the push toward privatisation.
Click to View MoreThe International Monetary Fund recently released its April 2026 World Economic Outlook, revealing that India has moved from the fifth to the sixth-largest economy in the world in nominal GDP terms. Despite maintaining its status as the fastest-growing major economy with a real growth rate of approximately 6.5 to 7.6 percent, India has been overtaken by the United Kingdom and Japan in dollar-denominated rankings.
Click to View MoreThe International Monetary Fund (IMF) released its World Economic Outlook (WEO) for April 2026 on April 14, highlighting a downward revision in global growth projections primarily due to the escalating conflict in West Asia (involving the US, Israel, and Iran).
Click to View MoreIndia's AVGC-XR sector drives the "Orange Economy," shifting from IT to creative exports. Through WAVES 2025, India aims to boost domestic IP and jobs. Implementing Task Force recommendations and a National Centre of Excellence is vital for Viksit Bharat @ 2047.
Click to View MoreIndia has established a ₹57,381 crore Economic Stabilisation Fund (ESF) via Supplementary Grants to counter global headwinds like oil shocks, maintaining a 4.4% fiscal deficit for 2025-26. This buffer shields the economy while long-term energy independence requires accelerating green transitions.
Click to View MoreIndia’s National Statistical Office (NSO) revised the GDP base year from 2011–12 to 2022–23 to reflect structural economic changes and improve data credibility. The rebasing slightly reduces overall GDP size, raises agriculture and industry shares, lowers services, and aligns India’s statistics with global standards.
Click to View MoreIndia amended the FDI policy under Press Note 3 (2020), defining “beneficial ownership” as per PMLA Rules, allowing up to 10% non-controlling investments via the automatic route, and introducing a 60-day fast-track approval for key manufacturing sectors to balance national security with economic growth and support Make in India.
Click to View MoreAmid rising geopolitical tensions and crude oil prices, India’s economy faces pressure with a record rupee fall. The RBI is injecting liquidity via OMOs to prevent a cash crunch, support government borrowing, and manage risks from a widening current account deficit, inflation, and slower GDP growth.
Click to View MoreIndia invoked the Essential Commodities Act, 1955 to secure LPG supply during a global oil crisis. Despite the 2020 amendment aimed at market liberalization, the Act remains crucial for consumer protection, highlighting the ongoing policy challenge of balancing market freedom with supply regulation.
Click to View MoreGeopolitical tensions in West Asia threaten the Indian economy by disrupting imports of key industrial raw materials like limestone, gypsum, sulphur, and copper. This risks supply chain shocks, inflation, and project delays, prompting India to enhance maritime security, diversify imports, and strengthen domestic resilience.
Click to View MoreThe effectiveness of India’s Insolvency and Bankruptcy Code is being undermined by procedural delays and an overburdened NCLT, where excessive litigation under Section 60(5) has pushed resolution times to over 700 days, necessitating urgent structural reforms.
Click to View MoreIndia’s industrial growth slowed to 4.8% in January 2026, a three-month low, as manufacturing, mining, and electricity weakened. NSO data shows rural demand stress and softer capital goods output. Despite infrastructure spending, global pressures, tight monetary policy, and structural bottlenecks call for reviving consumption and private investment.
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