40 Years of Agricultural and Processed Food Products Export Development Authority (APEDA)

Source:  News on Air Subject:  Economics Context: Union Minister extended greetings to the Agricultural and Processed Food Products Export Development Authority (APEDA) on its 40th establishment day. About 40 Years of Agricultural and Processed Food Products Export Development Authority (APEDA): What it is? APEDA is a statutory export promotion authority established under the APEDA Act, …

Deep Tech Start-ups

Source:  TH Subject:   Economics/Science and Technology Context: The Centre has formally defined and notified eligibility criteria for ‘deep tech’ start-ups through a DPIIT gazette notification. About Deep Tech Start-ups: What it is? Deep tech start-ups are enterprises that build solutions based on new scientific or engineering knowledge, involving high technical uncertainty, long gestation periods, and …

Budget 2026–27: Announcement for Rare Earth Corridors

Source:  IE Subject:  Geography/Economics Context: The Union Budget 2026–27 announced the establishment of dedicated Rare Earth Corridors in four coastal states to strengthen India’s critical minerals ecosystem. About Budget 2026–27: Announcement for Rare Earth Corridors: What are Rare Earth Corridors? Rare Earth Corridors are integrated, state-anchored industrial value chains designed to link mining, processing, research …

Union Budget 2026–27 announces scheme to develop Buddhist Circuit in Northeast

Source:  LM Subject:  Art and Culture/Economics Context: In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a new scheme to develop a Buddhist Circuit in the Northeast to preserve temples and monasteries and promote tourism. About Union Budget 2026–27 announces scheme to develop Buddhist Circuit in Northeast: What it is? The Buddhist Circuit (Northeast) …

Union Budget 2026–27: Big Push to Livestock and Fisheries Growth

Source:  PIB Subject:  Agriculture/ Economics Context: The Union Budget 2026–27 significantly increased allocations for livestock and fisheries (increase of 26.7%), recognising them as the main drivers of agriculture growth (4.6% in FY26). About Union Budget 2026–27: Big Push to Livestock and Fisheries Growth What it is? The allocation for the Ministry of Fisheries, Animal Husbandry, …

Digital Food Currency

Source:  TOI Subject:   Economics/Government scheme Context: The Government of India is set to launch a pilot program for Central Bank Digital Currency (CBDC), also termed Digital Food Currency, in February 2026. This initiative targets beneficiaries in Chandigarh, Puducherry, and three districts of Gujarat (Anand, Sabarmati, and Dahod) to streamline the world’s largest free food security …

Government Notifies Coking Coal as Critical & Strategic Minerals

Source:  ET Subject:  Economics/Geography Context: The Government of India officially notified Coking Coal as a Critical and Strategic Mineral under the MMDR Act, 1957, a major reform aimed at slashing the country’s 95% import dependence. About Government Notifies Coking Coal as Critical & Strategic Minerals: What is it? By notifying Coking Coal as a Critical …

Copper

Source:  ET Subject:  Economics Context: Copper prices touched a record high of over USD 12,000 per tonne in 2025, driven by US tariff uncertainty, global supply disruptions and surging demand from AI, clean energy and EVs. About Copper: What it is? Copper (Cu) is a naturally occurring metallic element (Atomic number: 29) known for its …

Rare-earth elements (REEs)

Source:  TH Subject:   Economics Context: Rare-earth elements are drawing global attention as essential inputs for green technologies, electronics, and defence systems, amid supply-chain vulnerabilities. About Rare-earth elements (REEs): What they are? Rare-earth elements are a group of 17 metallic elements comprising the 15 lanthanides (lanthanum to lutetium) plus scandium and yttrium, known for their unique …

China files WTO complaint against India

Source:  TOI Subject:  Economics Context: China has filed a fresh complaint against India at the World Trade Organization (WTO) challenging India’s solar subsidies and tariff measures. About China files WTO complaint against India: What is the issue? China has sought formal consultations with India under the WTO framework regarding subsidies for India’s photovoltaic (solar) sector. …

IMF to Alter Classification of India’s Forex Framework

Source:  ET Subject:  Economics Context: The International Monetary Fund is expected to change the way it classifies India’s exchange rate regime, potentially describing it as having “crawling peg” like features in its 2025 Article IV report. About IMF to Alter Classification of India’s Forex Framework: What this issue is about? The IMF maintains a de …

ECONOMIC SURVEY – 2019 Summaries – Volume 1 and 2

ECONOMIC SURVEY – 2019 Summaries – Volume 1 and 2 We recently concluded hugely successful special classes on Economic Survey – 2019 (Free classes). As part of the classes we prepared following summaries of Economic Survey, which according to many feedback received from those who attended the classes, are best in the market. These summaries …

IMPORTANT: 100 MCQs on Economic Survey 2018 for UPSC Civil Services Preliminary Exam – 2018 by Insights Team

    100 MCQs on Economic Survey – 2018 for UPSC Civil Services Preliminary Exam – 2018 By Team Insights   These questions are meant to help you do last minute revision of the Economic Survey – 2018. Take up these questions as revision exercise to cover economic survey in more meaningful way.  We have …