UPSC Study Material: Indian Economy Notes
Topics covered in this post are based on the static Indian economy portion which will help you with short Notes on important economic concepts and also Current Affairs topics linked with the core syllabus to enhance your understanding. Major Topics included In the Indian Economy Notes for UPSC 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.
Also Check:- Economics Preparation Strategy for UPSC
Indian Economy Notes covered in these article links are created from various sources like NCERT, Newspapers, Economic Survey, Standard Books, etc. The notes are created to help the candidates so that they can ace the Indian economy section.
Topic | Sub Topics |
Basics of Economics | National Income (GDP, GNP, NNP, Personal Income etc.) |
Overview of Indian Economy | |
Basic Economic Theories | |
Inflation | Inflation (Types and Effects) |
Various Price Indices in India (CPI, WPI, CPI-AL, CPI-RL etc.) | |
Monetary Policy/ Fiscal Policy | RBI and Monetary Policy |
Introduction of Union Budget | |
15th Finance Commission of India | |
Banking system in India | History of Banking in India |
Financial Market | |
Capital Market | |
Planning and Investments | |
Sectors of Indian Economy: Primary | |
Sectors of Indian Economy: Secondary | |
Sectors of Indian Economy: Tertiary | |
E-Commerce in India | |
Mega food parks in India | |
Infrastructure | |
Foreign Trade | |
Role of International Labour Organization (ILO) in Social Security | |
Government Schemes and Policies | |
LPG Reforms in India | |
Human Development Issues | Different type of Unemployment |
Miscellaneous | |
Strategic Petroleum Reserve In India | |
NITI Aayog and the Important Reports | |
Pradhan Mantri Garib Kalyan Yojana | |
MGNREGA; the Contribution in Strengthening the Rural Economy |
How To Make Indian Economy Notes for UPSC
Note making plays a crucial role in the UPSC exam preparation. If you don’t make notes of the core points, then you have to go through the books again and again during the revision period. Below we have prepared a strategy for you that will help you make economics notes for UPSC.
- Candidates should pick only one topic at a time to make notes. Candidates must keep a printout of the UPSC Economics Syllabus, and start making notes topic-wise.
- Make sure you write in simple language so that it will be easier for you to understand, you can use short forms as well.
- The purpose of note-making is to note down the most important points so don’t end up writing the whole book down.
- You can underline the most important part of the statement as well.
- Cover the economics syllabus chronologically while making notes to avoid confusion
- Adopt a systematic approach while making Indian economy notes so that it can be used for a long period of time for revision.
Books to Make Economics Notes for UPSC
Above we have mentioned how candidates can make economics notes for UPSC, and here we are going to list down some of the highly recommended Indian economy books to make notes. Note-making should be done from a book that is written in simple, and easy-to-understand language, and which covers the entire Indian economy syllabus for UPSC. Following are the highly recommended books by experts and IAS toppers to make Indian Economy Notes.
- Indian Economy by Ramesh Singh
- Indian Economy Key Concepts by Shankarganesh K
- The Indian Economy By Sanjiv Verma
- Datt and Sundaram’s Indian Economy
- Indian Economy by Uma Kapila
Important UPSC Topics | |
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