Indian Economy Current Affairs for UPSC IAS Prelims 2025 Examination

News: The Union Cabinet recently approved the launch of the National Mission on Natural Farming (NMNF). Natural Farming The Agriculture Ministry defines natural farming as a “chemical-free” farming method that relies solely on inputs derived from livestock and plant resources. Natural farming follows local farming principles, using regional knowledge and technologies suited to the local… Continue reading National Mission on Natural Farming (NMNF)

News: The Reserve Bank of India (RBI) is likely to use Open Market Operations (OMO) to maintain liquidity within a manageable range. 1. The Open Market Operations (OMO) are used by Reserve Bank of India to buy or sell the Government Securities (G-Secs) in the open market to influence the money supply. 2. They are… Continue reading Open Market Operations (OMO)

News: The government informed the Lok Sabha that the measure of hunger used in the Global Hunger Report 2024 Index is flawed and does not reflect India’s true position. About Global Hunger Index 1. The Global Hunger Index is a tool designed to measure and track hunger levels across the world. 2. GHI is released… Continue reading Global Hunger Index 2024

News: The Insurance Regulatory and Development Authority of India (IRDAI) chairman recently reiterated that the IRDAI’s ambitious project, Bima Sugam, will transform the insurance sector. About Bima Sugam 1. It is an online insurance marketplace (similar to an e-commerce platform) for purchasing, selling, servicing insurance policies, and settling claims. 2. It will be a plug-and-play… Continue reading Bima Sugam

Source: This post on 6GHz Spectrum has been created based on the article “Why India’s 6Ghz spectrum dilemma is affecting PS5 Pro console launch in India?” published in The Hindu on 25th November 2024. Why in news? Recently, Sony launched the PlayStation 5 Pro in major global markets but excluded India. India’s unresolved 6GHz spectrum… Continue reading 6GHz Spectrum

Source: This post on Nimoo Bazgo Power Station has been created based on the article “Union Minister Shri Manohar Lal visits 45 MW NHPC Nimoo Bazgo Power Station” published in PIB on 23rd November 2024. Why in news? Recently, the Union Minister of Power and Housing & Urban Affairs visited Nimoo Bazgo Power Station. About… Continue reading Nimoo Bazgo Power Station

Source-This post on Andaman and Nicobar Islands to become Tuna Export Hub is based on the article “Centre aims to make Andaman and Nicobar Islands a tuna export hub” published in “The Hindu” on 17th November 2024. Why in the News? India plans to make the Andaman and Nicobar Islands a tuna export hub. Earlier, the… Continue reading Andaman and Nicobar Islands to become Tuna Export Hub

Source: This post on Key Findings on the Nutritional Impact of Debranning Millets has been created based on the article “Removing bran on millets reduces the benefits of eating them: study” published in The Hindu on 8th November 2024. Why in news? A recent study highlights that debranning (removing the bran) from millets decreases their… Continue reading Key Findings on the Nutritional Impact of Debranning Millets

Source: This post on Reasons for Advancing CPI Inflation and IIP Data Release Timings and Potential Challenges has been created based on the article “Why have timings for release of CPI inflation and IIP data been advanced, and the likely problems with this change” published in Indian Express on 8th November 2024. Why in news?… Continue reading Reasons for Advancing CPI Inflation and IIP Data Release Timings and Potential Challenges

Source: This post on Dedicated Freight Corridors (DFCs) has been created based on the article “On the growth track: How Dedicated Freight Corridors are adding to GDP, boosting Rail revenues” published in The Hindu on 6th November 2024. Why in news? Recently, a study by Australia’s University of New South Wales states that Dedicated Freight… Continue reading Dedicated Freight Corridors (DFCs)

Source: This post on  RBI’s Major Move: Repatriation of 100 Tonnes of Gold to India has been created based on the article “Explained : Why RBI moved 100 tonnes of gold from the UK to domestic vaults” published in Economic Times on 4th November 2024. Why in news? The Reserve Bank of India (RBI) recently… Continue reading RBI’s Major Move: Repatriation of 100 Tonnes of Gold to India

Source: This post on Livestock Census and its purpose has been created based on the article “What is the livestock census and why is it conducted?” published in Indian Express on 28th October 2024. Why in news? Recently, Union Minister of Fisheries, Animal Husbandry, and Dairying launched the 21st Livestock Census in New Delhi. About the… Continue reading Livestock Census and its purpose

Source: This post on Venture Capital Fund has been created based on the article “Union Cabinet approves establishment of Rs.1,000 crore Venture Capital Fund for Space Sector under aegis of IN-SPACe” published in PIB on 24th October 2024. Why in news? The Union Cabinet has approved the establishment of a Rs. 1,000 crore Venture Capital Fund… Continue reading Venture Capital Fund

Source: This post on FAO report on impact of climate change on farmers has been created based on the article “Secretary (DEPwD) inaugurates “Climate change impact harsher on poorer farmers in India: FAO report “ published in The Hindu on 17th October 2024. Why in news? The United Nations Food and Agriculture Organization (FAO) reported recently… Continue reading FAO report on impact of climate change on farmers

Source: The post on National Maritime Heritage Complex (NMHC) is based on the article “Cabinet approves development of National Maritime Heritage Complex (NMHC), Lothal, Gujarat” published in “The Hindu” on 10th October 2024. Why in the News? The Union Cabinet has approved the development of the National Maritime Heritage Complex (NMHC) in Lothal, Gujarat. The project will be executed… Continue reading National Maritime Heritage Complex (NMHC)

Source: This post on MeitY Eases AI Compute Procurement Norms to Aid Start-ups has been created based on the article “To accommodate start-ups, MeitY relaxes AI compute procurement norms” published in Indian Express on 9th October 2024. Why in news? The Ministry of Electronics and Information Technology (MeitY) has made adjustments to its AI compute procurement norms… Continue reading MeitY Eases AI Compute Procurement Norms to Aid Start-ups

Source: The post on National Agriculture Code (NAC) is based on the article “What is the National Agriculture Code, currently being formulated by Bureau of Indian Standards” published in “Indian Express” on 5th October 2024. Why in the News? Recently, the Bureau of Indian Standards (BIS) has initiated the development of a National Agriculture Code (NAC), similar… Continue reading National Agriculture Code (NAC) 

Source: The post on Key Insights from RBI Working Papers on Farmer’s earning is based on the article “Farmers earn less than 40% in case of fruits, vegetables”  published in “The Hindu” on 4th October 2024. Why in the News? Recently, RBI released a working paper titled “Price Dynamics and Value Chain of Fruits in India”. The insight of… Continue reading Key Insights from RBI Working Papers on Farmer’s earning

Source: The post on National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) is based on the article “Cabinet Approves National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) for 2024-25 to 2030-31″  published in “PIB” on 3rd October 2024. Why in the News? Recently, the Union Cabinet has approved the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds).… Continue reading National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds)

Source: The post on Insolvency and Bankruptcy Board of India (IBBI) is based on the article “Insolvency and Bankruptcy Board of India celebrates its Eighth Annual Day“ published in “PIB” on 2nd October 2024. Why in the News? Recently, the Insolvency and Bankruptcy Board of India (IBBI) celebrated its Eighth Annual Day. About Insolvency and Bankruptcy Board of… Continue reading Insolvency and Bankruptcy Board of India (IBBI)

Source: The post on New SEBI Rules to Curb F&O Frenzy and Protect Small Investors is based on the article “New SEBI rules to curb F&O frenzy, aim to protect small investors  published in “The HINDU” on 3rd October 2024. Why in the News? SEBI (Securities and Exchange Board of India) has introduced new rules aimed at curbing speculation… Continue reading New SEBI Rules to Curb F&O Frenzy and Protect Small Investors

Source: The post on SEBI Introduces New Asset Class for High-Risk Investors is based on the article “Sebi to Introduce New Asset Class; Minimum Investment Size at Rs 10 Lakh” published in “OutlookBusiness” on 1st October 2024. Why in the News? Recently, SEBI has introduced a new regulated asset class aimed at high-risk investors. About SEBI’s new regulated… Continue reading SEBI Introduces New Asset Class for High-Risk Investors

Source: This post PUSA – 44 Rice variety is created based on the article, A rice variety that can address farm fires in Punjab and Haryana, published in Indian Express on 30the Sep 2024. UPSC Syllabus Topic: Economy or Agriculture What is the news? The famous Pusa-44 paddy variety is famous in Panjab; however, it… Continue reading PUSA – 44 Rice variety

Source – This post on India Sugar & Bio Energy Conference is based on the article “Food and Consumer Affairs Minister attends India Sugar & Bio Energy Conference” published in PIB on 27th September 2024. Why in News? The Union Minister for Consumer Affairs, Food and Public Distribution and New & Renewable Energy recently addressed the India Sugar &… Continue reading India Sugar & Bio Energy Conference

Source – This post on Spices Board is based on the article “Spices Board Unveils Comprehensive Scheme to Boost Spices Export and Cardamom Productivity” published in PIB on 25th September 2024. Why in News? The Spices Board, under the Ministry of Commerce and Industry, has unveiled a comprehensive scheme titled ‘Sustainability in Spice Sector through Progressive, Innovative and Collaborative… Continue reading Spices Board