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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
11 11

Why PM Modi has asked Indians to reduce spending on gold, petrol, edible oils

With India's foreign exchange reserves under pressure from surging crude oil prices following the Iran conflict, attention has turned to the composition of I...

GS Paper 3 (Indian Economy — Effects of Liberalisation on the Economy Balance of Payments) Economics International Relations 7m
11 11

Centre notifies 1% construction welfare cess, but old BOCW challenges persist

The Central Government has issued a fresh notification reaffirming the Building and Other Construction Workers' (BOCW) welfare cess rate at 1% of the cost of...

GS Paper 2 (Social Justice Labour Rights) GS Paper 3 (Indian Economy) Polity & Governance Social Issues Economics 5m
11 11

India adds record 44 GW solar capacity in 2025, total reaches 150 GW

India added a record 44 gigawatts (GW) of solar power capacity in 2025, its highest-ever annual addition, bringing total installed solar capacity to 150 GW. ...

GS Paper 3 (Environment Economy) Economics Environment & Ecology 6m
11 11

India, Peru to hold talks on free trade pact in June

India and Peru are set to hold the next round of Free Trade Agreement negotiations in June 2026, following the most recent round concluded in Lima; a deal is...

GS Paper 2 (International Relations) GS Paper 3 (Economy Resource Security) Economics International Relations 4m
11 11

Urban unemployment rate eases to 6.6% in March quarter: PLFS

The National Statistics Office (NSO) released the Periodic Labour Force Survey (PLFS) Quarterly Bulletin for January–March 2026, showing the urban Unemployme...

GS Paper 3 (Economy Employment Growth) GS Paper 1 (Social Issues) Economics Social Issues 5m
11 11

Maize emerges as India’s top ethanol feedstock as supplies surpass 515 crore litres

India's cumulative ethanol supplies reached approximately 515 crore litres in the first half of Ethanol Supply Year (ESY) 2025-26 — nearly 49% of the contrac...

GS Paper 3 (Economy Environment) Economics Environment & Ecology 5m
11 11

India expects the U.S. team to visit India for next round of trade talks, say officials

India expects a US trade delegation to visit India for the next round of trade negotiations, following the February 7, 2026 joint statement that finalised a ...

GS Paper 2 (International Relations India-US) GS Paper 3 (Indian Economy Trade) International Relations Economics 6m
11 11

Govt revises BOT guidelines, allows big funds to bid for highway projects

The Ministry of Road Transport and Highways (MoRTH) has revised the Build-Operate-Transfer (BOT) guidelines for national highway projects under the Public-Pr...

GS Paper 3 (Infrastructure Economy Investment Models) Economics Polity & Governance 5m
11 11

VB-G RAM G Act explained: What changes for rural workers from July 1

The Ministry of Rural Development formally notified on May 11, 2026 that the Viksit Bharat — Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB...

GS Paper 2 and GS Paper 3 Polity & Governance Social Issues Economics 5m
11 11

Asia braces for second wave of energy shocks from Iran war

Asian governments are grappling with a second, more severe wave of energy disruptions as the Iran conflict enters a prolonged phase, depleting the initial bu...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Energy Security) GS Paper 1 (Geography) International Relations Economics 7m
11 11

Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin), 2025:

The Union Government formally notified, on 11 May 2026, the nationwide implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Grami...

GS Paper 2 (Governance Social Justice) GS Paper 3 (Indian Economy Employment) Polity & Governance Economics Social Issues 10m
11 11

PM's appeal: Diesel consumption in agriculture can be scaled back with use of alternative energy, experts say

A high-level appeal has been made for scaling back diesel consumption in the agricultural sector, prompting expert discussion on viable alternative energy pa...

GS Paper 3 (Agriculture Energy Environment) Economics Environment & Ecology 5m
11 11

Govt weighs emergency steps to protect forex reserves

The government is actively evaluating a package of emergency measures to protect India's foreign exchange reserves from accelerating depletion triggered by t...

GS Paper 3 (Indian Economy Internal Security and Disaster Management linkages with Economy) Economics International Relations 5m
11 11

VB-G RAM G to come into force on July 1: govt.

The central government has notified that the Viksit Bharat — Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB-G RAM G) will come into force o...

GS Paper 2 (Governance Social Justice) GS Paper 3 (Economy Rural Development) Polity & Governance Economics Social Issues 6m
11 11

India to invest substantially in green energy corridors to support renewable energy expansion: MNRE Secretary

The Secretary of the Ministry of New and Renewable Energy (MNRE) stated that India will make substantial investments in green energy corridors to address cur...

GS3 (Infrastructure Energy Environment) Economics Environment & Ecology 5m
11 11

MGNREGA to formally cease from July 1

The Union Government formally notified, on 11 May 2026, the nationwide implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Grami...

GS Paper 2 (Governance Social Justice) GS Paper 3 (Indian Economy Employment) Polity & Governance Social Issues Economics 10m
11 11

Historic Commencement of Viksit Bharat – G RAM G Act Across Rural India from July 1st 2026

The Union Government formally notified, on 11 May 2026, the nationwide implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Grami...

GS Paper 2 (Governance Social Justice) GS Paper 3 (Indian Economy Employment) Polity & Governance Social Issues Economics 10m
11 11

As PM Modi calls for conserving FX, what steps can India take?

With surging crude oil prices and a weakening rupee driven by the geopolitical fallout of the Iran conflict, the government has begun examining a range of me...

GS Paper 3 (Indian Economy and Issues Relating to Planning Mobilisation of Resources) Economics International Relations 5m
11 11

Ministry of MSME’s TEAM Initiative Brings End-to-End Digital Commerce Support to 5 Lakh Micro and Small Enterprises via ONDC

The Ministry of Micro, Small and Medium Enterprises is implementing the Trade Enablement and Access to Market (TEAM) Initiative, a sub-scheme under the World...

GS Paper 3 (Indian Economy Inclusive Growth Technology) Economics Polity & Governance 4m
11 11

India, Peru likely to hold talks on free trade pact in June, diplomat says

India and Peru are expected to resume free trade agreement (FTA) negotiations in June 2026, with Peru's Ambassador to India, Javier Paulinich, indicating tha...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Resource Security) Economics International Relations 5m
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