Pre - Syllabus - Importance Based - Economy
Pre - Syllabus - Importance Based - Economy
IASment 
· Economic Growth and Development (11-13)
o National Income Accounting (7-9)
§ GDP, GNP, NNP, NDP
§ Methods of calculating national income
§ GDP deflator
o Economic Indicators (5-7)
§ Per capita income
§ Human Development Index (HDI)
§ Poverty estimates
· Economic Planning in India (9-11)
o Five-Year Plans (5-7)
§ Objectives and achievements
§ Transition from Planning Commission to NITI Aayog
o NITI Aayog (3-5)
§ Structure and functions
§ Difference from Planning Commission
· Economic Reforms (13-15)
o Liberalization, Privatization, Globalization (LPG) (9-11)
§ 1991 economic reforms
§ Impact on various sectors
o Current Economic Policies (5-7)
§ Atmanirbhar Bharat
§ Make in India
· Reserve Bank of India (RBI) (17-19)
o Functions and Roles (13-15)
§ Monetary authority
§ Regulator of banking system
§ Manager of foreign exchange
o Monetary Policy Committee (MPC) (5-7)
§ Composition and function
· Monetary Policy Instruments (15-17)
o Policy Rates (11-13)
§ Repo rate, reverse repo rate
§ Marginal Standing Facility (MSF)
o Reserve Ratios (7-9)
§ Cash Reserve Ratio (CRR)
§ Statutory Liquidity Ratio (SLR)
o Open Market Operations (OMO) (5-7)
· Banking System in India (15-17)
o Structure of Banks (7-9)
§ Public sector banks
§ Private sector banks
§ Foreign banks
o Non-Banking Financial Companies (NBFCs) (5-7)
§ Types and roles
§ Regulation by RBI
o Recent Developments (11-13)
§ Bank mergers
§ Non-Performing Assets (NPAs)
§ Insolvency and Bankruptcy Code (IBC)
· Union Budget (15-17)
o Components (7-9)
§ Revenue and capital budget
§ Plan and non-plan expenditure
o Types of Deficits (11-13)
§ Fiscal deficit
§ Revenue deficit
§ Primary deficit
· Taxation in India (15-17)
o Direct Taxes (7-9)
§ Income tax
§ Corporate tax
o Indirect Taxes (11-13)
§ Goods and Services Tax (GST)
§ Customs duty
o Tax Reforms (7-9)
§ GST Council
§ Tax evasion and avoidance measures
· Fiscal Responsibility (9-11)
o Fiscal Responsibility and Budget Management (FRBM) Act (7-9)
§ Objectives and targets
o Finance Commission (5-7)
§ Role and recommendations
o Public Debt Management (5-7)
· Concepts of Inflation (7-9)
o Types (5-7)
§ Demand-pull inflation
§ Cost-push inflation
§ Stagflation
o Causes and Effects (5-7)
§ Impact on economy
§ Inflation spiral
· Measurement of Inflation (7-9)
o Wholesale Price Index (WPI) (5-7)
o Consumer Price Index (CPI) (5-7)
§ CPI for Industrial Workers (CPI-IW)
§ CPI Rural and Urban
· Inflation Control Measures (5-7)
o Monetary Policy Actions (5-7)
§ Interest rate adjustments
o Fiscal Policy Measures (3-5)
§ Taxation and subsidies
· Balance of Payments (BoP) (9-11)
o Current Account (5-7)
§ Trade balance
§ Invisibles
o Capital Account (5-7)
§ Foreign investments
§ External commercial borrowings
· Foreign Exchange Management (7-9)
o Exchange Rate Systems (5-7)
§ Fixed vs. floating rates
o Foreign Exchange Reserves (5-7)
§ Components and importance
· International Trade (11-13)
o Export-Import Policies (5-7)
§ Export promotion measures
§ Import substitution
o Trade Agreements (5-7)
§ Free Trade Agreements (FTAs)
§ Regional Comprehensive Economic Partnership (RCEP)
o World Trade Organization (WTO) (7-9)
§ India's role and disputes
· Poverty Alleviation Programs (11-13)
o Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) (7-9)
o National Rural Livelihood Mission (NRLM) (5-7)
o Deen Dayal Antyodaya Yojana (3-5)
· Financial Inclusion (15-17)
o Pradhan Mantri Jan Dhan Yojana (PMJDY) (9-11)
o Direct Benefit Transfer (DBT) (9-11)
o Microfinance and Self-Help Groups (SHGs) (5-7)
· Social Security Schemes (9-11)
o Pradhan Mantri Fasal Bima Yojana (PMFBY) (5-7)
o Ayushman Bharat (5-7)
o National Social Assistance Programme (NSAP) (3-5)
· Agricultural Reforms (13-15)
o Minimum Support Price (MSP) (9-11)
§ Procurement policies
o Public Distribution System (PDS) (7-9)
§ Targeted PDS
o Recent Farm Laws (5-7)
§ Farmers' Produce Trade and Commerce Act
§ Essential Commodities Amendment
· Agricultural Finance (7-9)
o Kisan Credit Card Scheme (5-7)
o Interest Subvention Scheme (3-5)
o NABARD's Role (5-7)
· Allied Sectors (5-7)
o Animal Husbandry and Dairying (3-5)
o Fisheries (3-5)
§ Pradhan Mantri Matsya Sampada Yojana
o Horticulture (3-5)
Industrial Policies and Infrastructure (13-15)
· Industrial Development (9-11)
o Make in India (5-7)
o Startup India and Stand-Up India (3-5)
o Production Linked Incentive (PLI) Scheme (3-5)
· Infrastructure Development (9-11)
o Bharatmala Project (5-7)
o Sagarmala Project (5-7)
o Smart Cities Mission (3-5)
o National Infrastructure Pipeline (NIP) (3-5)
· Public-Private Partnerships (PPP) (5-7)
o Models (BOT, BOOT, etc.) (3-5)
o Viability Gap Funding (3-5)
· Power Sector Reforms (7-9)
o Electricity Act (3-5)
o Ujjwal DISCOM Assurance Yojana (UDAY) (3-5)
o Deendayal Upadhyaya Gram Jyoti Yojana (3-5)
· Renewable Energy (5-7)
o National Solar Mission (3-5)
o Wind Energy Programs (1-3)
o Bioenergy Initiatives (1-3)
· Oil and Gas Sector (5-7)
o Hydrocarbon Exploration and Licensing Policy (HELP) (3-5)
o Strategic Petroleum Reserves (1-3)
o Pradhan Mantri Ujjwala Yojana (3-5)
· Sustainable Development Goals (SDGs) (5-7)
o India's Progress (3-5)
o Integration with National Policies (3-5)
· Climate Change Economics (5-7)
o National Action Plan on Climate Change (NAPCC) (3-5)
o International Agreements (5-7)
§ Paris Agreement
§ Kyoto Protocol
· Environmental Policies (3-5)
o Pollution Control Measures (3-5)
§ Air and water pollution acts
o Green Economy Initiatives (3-5)
§ Green bonds
§ Sustainable agriculture practices
· Population Policy (3-5)
o National Population Policy (1-3)
§ Objectives and implementation
o Demographic Dividend (1-3)
§ Opportunities and challenges
· Migration and Urbanization (3-5)
o Rural-Urban Migration (1-3)
§ Causes and effects
o Urban Planning (3-5)
§ Smart Cities
§ AMRUT Mission
· Stock Exchanges (3-5)
o Bombay Stock Exchange (BSE) (1-3)
o National Stock Exchange (NSE) (1-3)
· Regulatory Bodies (3-5)
o Securities and Exchange Board of India (SEBI) (3-5)
§ Functions and powers
· Investment Vehicles (3-5)
o Mutual Funds (1-3)
o Exchange-Traded Funds (ETFs) (1-3)
· Derivatives and Commodities Market (1-3)
o Futures and Options (1-3)
o Commodity Exchanges (1-3)
· Insurance Sector (3-5)
o Life Insurance and General Insurance (1-3)
o Insurance Regulatory and Development Authority of India (IRDAI) (1-3)
· Pension Reforms (3-5)
o National Pension System (NPS) (1-3)
o Atal Pension Yojana (APY) (1-3)
o Employees' Provident Fund Organisation (EPFO) (1-3)
· Global Financial Institutions (3-5)
o International Monetary Fund (IMF) (1-3)
o World Bank Group (1-3)
o Asian Development Bank (ADB) (1-3)
· Trade Organizations (1-3)
o United Nations Conference on Trade and Development (UNCTAD) (1-3)
o Organisation for Economic Co-operation and Development (OECD) (1-3)
· New Development Bank (NDB) (1-3)
o BRICS Bank (1-3)
§ Objectives and projects
· Digital Economy (3-5)
o Digital India Initiative (3-5)
o E-Governance (1-3)
§ UMANG App
§ Digital Service Delivery
· E-Commerce and Digital Payments (3-5)
o Unified Payments Interface (UPI) (3-5)
o Bharat Interface for Money (BHIM) (1-3)
o Online Retail Regulations (1-3)
· Education Sector (3-5)
o National Education Policy (NEP) 2020 (3-5)
§ Key features and implementation
o Skill India Mission (1-3)
§ Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
· Health Sector (3-5)
o National Health Mission (1-3)
§ Rural and Urban components
o Ayushman Bharat (3-5)
§ Health and Wellness Centres
§ Pradhan Mantri Jan Arogya Yojana (PMJAY)
· Regional Economic Cooperation (3-5)
o South Asian Association for Regional Cooperation (SAARC) (1-3)
o Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) (1-3)
· Global Economic Groupings (3-5)
o G20 (3-5)
§ India's role and contributions
o BRICS (3-5)
§ Summits and initiatives
· Demand and Supply Analysis (1-3)
o Law of Demand and Supply (1-3)
o Elasticity (1-3)
§ Price elasticity
§ Income elasticity
· Market Structures (1-3)
o Perfect Competition (1-3)
o Monopoly and Monopolistic Competition (1-3)
o Oligopoly (1-3)
· Corporate Governance (1-3)
o Corporate Social Responsibility (CSR) (1-3)
§ Legal provisions
§ Impact assessment
· Labour Reforms (1-3)
o Code on Wages (1-3)
o Industrial Relations Code (1-3)
o Social Security Code (1-3)
