UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction Unified Payments Interface (UPI) has become a core part of India’s digital payments system, but rapid growth has raised costs for banks, processors and Payments Corporation of India (NPCI). The proposed legal change allowing Merchant Discount Rate (MDR) raises a basic question: how can UPI… Continue reading Small levy on UPI transactions, not a bad idea
Tag: Indian Economy
Natural farming impetus
Source: The post “Natural farming impetus” has been created based on “Natural farming impetus” published in “Business Line” on 7 July 2026. Natural farming impetus. UPSC Syllabus: GS Paper 3– Economy Context: Natural farming has become a resilience imperative because India’s agriculture remains heavily dependent on imported fertilizers, fossil fuels, groundwater extraction, and other external… Continue reading Natural farming impetus
Handloom — Weaving India’s Heritage into Global Growth
UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction India’s handloom sector combines centuries-old weaving traditions with livelihood generation, women-led development, rural entrepreneurship and cultural identity. As India moves towards Viksit Bharat 2047, handloom is emerging as a strategic sector supported by policy reforms, innovation, digital platforms and global market access. National Handloom Day… Continue reading Handloom — Weaving India’s Heritage into Global Growth
Service charge on UPI transactions makes sense
Source: The post “Service charge on UPI transactions makes sense” has been created based on “Service charge on UPI transactions makes sense” published in “The Hindu” on 6 August 2026. Service charge on UPI transactions makes sense. UPSC Syllabus: GS-3-Economy Context: The Finance Ministry has proposed an amendment to the Payment and Settlement Systems Act,… Continue reading Service charge on UPI transactions makes sense
Critical minerals, the foundation of strategic power
Source: The post “Critical minerals, the foundation of strategic power” has been created based on “Critical minerals, the foundation of strategic power” published in “The Hindu” on 4 July 2026. Critical minerals, the foundation of strategic power. UPSC Syllabus: GS 3 – Economy Context: Critical minerals such as lithium, cobalt, nickel, graphite, copper, and rare… Continue reading Critical minerals, the foundation of strategic power
US Generic Drug Tariff Threat: Implications for Indian Pharma
Source: The post “US Generic Drug Tariff Threat: Implications for Indian Pharma” has been created based on “US Generic Drug Tariff Threat: Implications for Indian Pharma” published in “Indian Express” on 28 July 2026. US Generic Drug Tariff Threat: Implications for Indian Pharma. UPSC Syllabus: GS 3 – Economy Context: U.S.A President Donald Trump has… Continue reading US Generic Drug Tariff Threat: Implications for Indian Pharma
Missing the Second Demographic Bonus
Source: The post “Missing: Second demographic bonus” has been created based on “Missing: Second demographic bonus” published in “New Indian Express” on 27 July 2026. Missing the Second Demographic Bonus. UPSC Syllabus: GS-3 – Economy Context: India is experiencing a demographic dividend as the share of its working-age population continues to rise. However, household savings… Continue reading Missing the Second Demographic Bonus
India’s Mobile Phone Manufacturing Story
Source: The post “India’s Mobile Phone Manufacturing Story” has been created based on “Factory reset” published in “Business Line” on 27 July 2026. India’s Mobile Phone Manufacturing Story. UPSC Syllabus: GS-3 – Economy Context: India’s mobile phone manufacturing sector has witnessed remarkable growth under the Production Linked Incentive (PLI) scheme. However, domestic value addition has… Continue reading India’s Mobile Phone Manufacturing Story
India’s Prudent Tax Administration
UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction India’s tax administration has evolved from ancient principles of public revenue to a modern, technology-driven and information-based system. Continuous tax reforms have simplified laws, improved transparency and strengthened compliance. The Income-tax Act, 2025, which came into force from FY 2026–27, marks a significant milestone by… Continue reading India’s Prudent Tax Administration
Pitfalls of FCNR (B) scheme
Source: The post “Pitfalls of FCNR (B) scheme” has been created based on “Pitfalls of FCNR (B) scheme” published in “Business Line” on 24 July 2026. Pitfalls of FCNR (B) scheme. UPSC Syllabus: GS-3- Economy Context: The Foreign Currency Non-Resident (Bank) [FCNR(B)] Deposit Scheme aims to attract NRI dollar deposits, strengthen India’s foreign exchange reserves,… Continue reading Pitfalls of FCNR (B) scheme
