CivilsWisdom.
Updated · Today
Home Topics Economics
GS 3 · Paper Syllabus section · 3704 articles · Updated today

Economics

Trade, fiscal policy, banking, agriculture and economic indicators

February 2026 20 articles
01 01

Budget 2026: From heritage sites to medical hubs and eco trails, Sitharaman announces measures to boost tourism sector

Finance Minister Nirmala Sitharaman's Union Budget 2026-27 (presented 1 February 2026) unveiled a multi-pronged tourism promotion strategy covering heritage ...

GS Paper 1 (Culture) GS Paper 3 (Economy Infrastructure) Economics Art & Culture 5m
01 01

Amid n-power push, govt exempts custom duty on capital goods

The Union Budget 2026-27 extended the basic customs duty (BCD) exemption on imports of capital goods required for nuclear power projects until 2035, covering...

GS Paper 3 (Science & Technology Energy) Science & Technology Economics 5m
01 01

Budget 2026-27 hikes investment limits for persons resident outside India in a bid to boost FDI, FII inflows

The Union Budget 2026-27 raised the individual NRI investment limit in listed Indian companies from 5% to 10%, and the aggregate limit for all NRIs together ...

GS Paper 3 (Indian Economy Capital Markets) Economics 4m
01 01

Critical mineral: Union Budget exempts custom duty on capital goods for RE minerals push, boost exploration

Union Budget 2026-27 granted full exemption of Basic Customs Duty (BCD) on capital goods imported for processing critical minerals, including rare earth elem...

GS3 (Indian Economy Trade Policy Critical Minerals) Economics Geography Science & Technology 5m
01 01

Fertiliser subsidy zooms amid unrestrained consumption, weak rupee and geopolitical tensions

India's fertiliser subsidy bill has surged sharply due to a combination of unrestrained consumption growth, rupee depreciation raising import costs, and geop...

GS Paper 3 (Agriculture Economy) Economics Environment & Ecology 4m
01 01

Budget proposes schemes to revive 200 legacy industrial clusters

The Union Budget 2026-27 announced a scheme to revive 200 legacy industrial clusters across India, targeting improved infrastructure, access to technology, a...

GS Paper 3 (Indian Economy Industry) Economics 4m
01 01

In new debt-to-GDP era, FY27 target set at 55.6%

Union Budget 2026-27 set India's debt-to-GDP ratio target at 55.6% for FY27, down from an estimated 56.1% in FY26 — a reduction of 50 basis points (0.5 perce...

GS3 (Indian Economy Fiscal Policy FRBM Act) Economics 6m
01 01

Another bumper RBI dividend likely in FY27, disinvestments seen at Rs 80,000 crore

Analysts and government sources expect the RBI to transfer another large surplus dividend to the central government in FY2026-27, following the record ₹2.1 l...

GS Paper 3 (Indian Economy Public Finance) Economics 4m
01 01

Budget 2026: Centre continues thrust on capex, FY27 target fixed at Rs 12.22 lakh crore

Finance Minister Nirmala Sitharaman set the total capital expenditure target for FY27 at Rs 12.2 lakh crore (~$135.6 billion), representing an increase of ap...

GS3 (Indian Economy Fiscal Policy Infrastructure) Economics 6m
01 01

Mega connectivity push: Railways, highways continue to be primary drivers, take 47% of capex

Union Budget 2026-27 reinforced the government's multi-year "mega connectivity" programme, with Railways and road highways continuing as the primary drivers ...

GS1 (Infrastructure Economic Geography) GS3 (Infrastructure Indian Economy) Economics Geography 6m
01 01

Union Budget 2026 Explained Highlights: Jobs focus; govt to continue capex heavy lifting, measures for taxpayers

The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on February 1, 2026, continues and deepens the government's capex-heavy growth str...

GS3 (Indian Economy Budget Growth Employment Infrastructure) Economics 4m
01 01

Budget 2026-27: Why the push for Rare Earth Corridors in Odisha, Kerala, Tamil Nadu and Andhra Pradesh

Union Budget 2026-27 announced the creation of dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu — integrated industrial value...

GS3 (Indian Economy Science & Technology Resource Geography) Economics Geography Science & Technology 5m
01 01

Union Budget 2026: FM announces panel to review banking sector, move aimed at strengthening banking system

The Union Budget 2026-27 announced the formation of a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the financial sector and ...

GS Paper 3 (Indian Economy) GS Paper 2 (Governance) Economics Polity & Governance 4m
01 01

In Budget’s capex push, focus on Railways and roads continues: 7 more high-speed rail corridors announced

Union Budget 2026-27 announced seven new high-speed rail corridors connecting major city pairs as "growth connectors," with a total projected investment of R...

GS1 (Economic Geography Infrastructure) GS3 (Infrastructure Indian Economy) Economics Geography 5m
01 01

Union Budget 2026: What’s in Biopharma SHAKTI scheme announced by FM Sitharaman

Finance Minister Nirmala Sitharaman announced the Biopharma SHAKTI scheme in Union Budget 2026-27, with an outlay of Rs 10,000 crore over five years. SHAKTI ...

GS3 (Science & Technology Indian Economy Health) Science & Technology Economics 5m
01 01

Union Budget 2026: 4 ways in which it addresses US tariffs’ strain on India

The Union Budget 2026-27 embedded several structural responses to the pressure exerted by US reciprocal tariffs, which had been levied on Indian exports from...

GS2 (International Relations) GS3 (Indian Economy External Trade) Economics International Relations 4m
01 01

FM Sitharaman announces chip manufacturing scheme 2.0, but will it go beyond fabs?

Finance Minister Nirmala Sitharaman announced the India Semiconductor Mission 2.0 (ISM 2.0) in Budget 2026-27, with an expanded allocation under the Electron...

GS3 (Science & Technology Indian Economy) Science & Technology Economics 5m
01 01

5 takeaways from the Union Budget 2026-27: Push on creating jobs, easing US tariffs distress, bolstering fund flows

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 on 1 February 2026, with a focus on employment creation, easing the compliance burden ...

GS Paper 3 (Indian Economy Budget Fiscal Policy) Economics 5m
01 01

Trump’s steep tariffs are straining India’s textile sector. Does the Budget address this?

US President Donald Trump's reciprocal tariffs — which hit India's textile sector with rates as high as 50% through 2025 — severely strained India's garment ...

GS3 (Indian Economy External Trade Industry) Economics International Relations 5m
01 01

Nirmala Sitharaman talks of ‘orange economy’ in Budget speech: What is it, how govt plans to boost it

Finance Minister Nirmala Sitharaman mentioned the "orange economy" prominently in her Union Budget 2026-27 speech, signalling a policy push to develop India'...

GS Paper 3 (Indian Economy Industry Employment) Economics Art & Culture 5m
Display