India’s retail inflation breached the RBI’s 4% target, hitting 4.38% in June 2026. Driven by volatile food prices, a 19.3% monsoon deficit, and crude oil spikes from West Asia tensions, this complicates the RBI’s growth-inflation monetary policy trade-off.
Click to View MoreNIIF is India’s sovereign-anchored alternative asset manager established in 2015 to catalyze global capital for infrastructure. Managing over $5 billion across specialized funds, it drives economic growth and solves the infrastructure financing gap. Explore comprehensive UPSC notes on NIIF.
Click to View MoreThe Ashtalakshmi Growth Model transforms Northeast India into a central economic engine. By leveraging the HIRA connectivity model, PM-DevINE funding, and the "Act Fast" policy, India actively integrates the region with Southeast Asia while boosting organic agriculture and green energy.
Click to View MoreDropshipping is an inventory-free retail model where sellers forward orders to suppliers who ship directly to consumers. While it offers low-risk entrepreneurship, it requires strict adherence to GST, customs, and consumer protection laws to mitigate supply chain and fraud risks.
Click to View MoreFCNR(B) accounts allow Non-Resident Indians to maintain fixed deposits in foreign currencies like the US Dollar. They offer tax-free returns and full repatriability, making them essential instruments for the RBI to manage forex reserves and ensure rupee stability.
Click to View MoreIndia targets inclusion in the Bloomberg Global Aggregate Bond Index to attract foreign capital, lower borrowing costs, and strengthen the rupee. However, operational hurdles like settlement delays remain, prompting government reforms to ensure macroeconomic stability and secure index entry.
Click to View MoreThe June 2026 RBI MPC meeting maintained the repo rate at 5.25% while revising FY27 GDP growth down to 6.6% and inflation up to 5.1%. The RBI also introduced key capital inflow measures and is evaluating polymer currency notes.
Click to View MoreThe government revised the Index of Industrial Production (IIP) base year to 2022-23, adding sectors like water and waste management. Driven by manufacturing and capital goods, industrial output recorded a 4.9% growth in April 2026 under this new series.
Click to View MoreThe Middle East crisis highlights India's fossil fuel vulnerability, necessitating energy austerity. Transitioning to renewable energy, addressing fragmented governance through the proposed DERS, and leveraging nuclear expansion via the SHANTI Act are critical steps toward ensuring long-term energy Atmanirbharta.
Click to View MoreThe ₹33,660-crore BHAVYA scheme by DPIIT aims to develop 100 plug-and-play industrial parks across India by 2032. Managed by NICDC via SPVs, it leverages a competitive challenge-based selection process to enhance the manufacturing ecosystem and PM Gati Shakti integration.
Click to View MoreThe RBI transferred a record ₹2.87 lakh crore surplus to the Central Government for FY26 under the Economic Capital Framework. This crucial non-tax revenue aids fiscal consolidation, effectively manages the fiscal deficit, and balances monetary stability with national public expenditure.
Click to View MoreIndia's agricultural exports demonstrated remarkable resilience, growing to $53.1 billion in 2025-26 despite aggressive US tariffs. This was driven by strategic market diversification to Asia and Europe, offsetting challenges from stringent non-tariff barriers and WTO subsidy disputes over MSP.
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