UPSC Study Material: Indian Economy Notes for UPSC

By Saroj Singh|Updated : April 10th, 2021

India Economy Notes for UPSC. Economics is an important portion of UPSC IAS Syllabus. Economics is in itself a very vast subject and is also the most dynamic portion which is very much dependent on the current affairs. This requires a regular update with the current happenings. Each year, a good number of questions are asked on economics in UPSC and is very important for Prelim, Main as well as in Interview. 


Although the syllabus of economics is very vast, the basic portion of the syllabus requires a good understanding so as to cover the dynamic portion of the syllabus. In this article, we have compiled all the Economics UPSC notes for UPSC Prelims and Mains as per the UPSC Economics Syllabus. We have also included the current events relating that topics and further the Government schemes notes by various ministries.

UPSC Study Material: India Economy Notes 

Topics covered in this article are based on the static Indian economy portion which will help you with short Notes on important economic concepts and also Current Affairs topics are linked with the core syllabus to enhance the understanding. Major Topics included are: Basics of Economics, Inflation, Monetary Policy/ Fiscal Policy, Banking in India, Financial Market, Planning and Investments, Sectors of Indian Economy, Infrastructure, Foreign Trade, Government Schemes etc. These topics are further subdivided to give you comprehensive coverage of the Indian Economy notes for UPSC.

Check Economics Preparation strategy for UPSC 

Economy Notes covered in these article links are created from various sources like NCERT, Newspapers, Economic Survey, Standard Books etc.  

TopicSub Topics


Basics of Economics

National Income (GDP, GNP, NNP, Personal Income etc.)

Click Here

Overview of Indian Economy

Click Here

Basic Economic Theories

Click Here

InflationInflation (Types and Effects)

Click Here

Various Price Indices in India (CPI, WPI, CPI-AL, CPI-RL etc.)

Click Here

Monetary Policy/ Fiscal Policy

RBI and Monetary Policy

Click Here

 Introduction of Union BudgetClick here
15th Finance Commission of India

Click Here

Economic Survey 2020 PDFDownload Here 
Union Budget 2020-21Download Here 
Banking system in India    History of Banking in India Click here
 Banking system in India Click here
 Public Sector Undertakings(PSUs) in India

Click Here

Merger Of Banks in India

Click Here

Strategic Disinvestment of PSUs

Click Here

Financial MarketIntroduction to Financial Market 

Click Here

Money Market Overview

Click Here

Capital Market

Click here
Planning and InvestmentsFive Year Plans: History of Economic Planning in IndiaClick here
Investment ModelsClick Here
Indian Economic SlowdownClick Here
Sectors of Indian Economy: PrimaryAgriculture In IndiaClick Here
Land Reforms in IndiaClick Here
Issues related to direct and indirect farm subsidiesClick Here
Minimum Support Price (MSPs)Click Here
Issues Of Buffer StocksClick Here
Contract Farming in IndiaClick Here
Public Distribution System in IndiaClick Here
Blue Revolution in IndiaClick Here
Food Processing in IndiaClick Here
Sectors of Indian Economy: SecondaryMicro, Small and Medium Enterprises (MSMEs) in IndiaClick Here
Sectors of Indian Economy: TertiaryFood Processing in IndiaClick Here
E-Commerce in IndiaClick Here
Mega food parks in IndiaClick Here
InfrastructurePrivatisation of Indian RailwaysClick Here
National Infrastructure Pipeline (NIP)Click Here
Dedicated Freight CorridorsClick Here
Foreign Trade  Balance of Payment- Current Account DeficitClick here
World Trade OrganisationClick here
Role of International Labour Organization (ILO) in Social SecurityClick Here
Government Schemes and PoliciesGovernment Schemes launched by various Ministries of GoI Click Here 
LPG Reforms in IndiaClick Here
 Human Development Issues Different type of Unemployment Click here
Poverty in IndiaClick here
Human Migration Issues in IndiaClick Here
MiscellaneousGlobal Crude Oil Prices CrashClick Here
Drug Pricing Policy in IndiaClick Here
Strategic Petroleum Reserve In IndiaClick Here
NITI Aayog and the Important ReportsClick Here
Pradhan Mantri Garib Kalyan YojanaClick Here 
MGNREGA; the Contribution in Strengthening the Rural EconomyClick here

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Saroj SinghSaroj SinghMember since Dec 2019
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Minakshi Singh
But language change  kerna ka koi option hi nhi h(hindi)
Pls help me
Jyoti Pandey

Jyoti PandeyJul 11, 2020

I am unable to access these could I make it open
Jyoti Pandey

Jyoti PandeyJul 11, 2020

I want to access these economy could I???let me know fast..
Akash Gaur

Akash GaurJan 19, 2021

thank you so much
Mandira Jha

Mandira JhaFeb 10, 2021

best resource for revision
Sylvester Jack Iano
Is there geography notes? Please share the link

PrasannaMar 15, 2021

Subject wise topics kindly provide in pdf format
Anil Poonia

Anil PooniaApr 11, 2021

Hey...can u provide this in hindi 🙏🏻
Kanchan Kumari
Sab k hindi kar dijye sir

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