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HOT TOPICS IN ECONOMY YOU SHOULDN'T MISS : PART 1 (overall pic | Naulets – The UPSC App

HOT TOPICS IN ECONOMY YOU SHOULDN'T MISS : PART 1 (overall picture)

1. Farm Bills
(trending since last many months)
2. 1991 Economic reforms (30 years completed)
3. IPO, stock markets, meaning of public listing etc. (because of Zomato Initial Public Offering (IPO) buzz)
4. Disinvestment, strategic disinvestment, and govt. disinvestment targets (because of Air India disinvestment buzz, and also because this channel might become govt's source of revenue because other revenue sources suffered due to pandemic).
5. Oil pricing - which all fuels' prices are still govt.-regulated and which have been deregulated (because of high petrol-diesel prices)
6. Atma Nirbhar Bharat Reforms (because UPSC is a govt. exam, and it's likely they will test you on the positive actions govt. took amid the misery caused by COVID pandemic)
7. GDP, Forex Reserves, BoP trends (because 2020 has been an outlier year on many accounts - many trends were disrupted)
8. Decadal comparison of GDP, BoP, forex reserves (because we have entered a new decade. UPSC has asked such questions before)
9. GST and GST compensation cess, cess vs. surcharge (because centre had promised revenue compensation for 5 years, but due to pandemic, difficult to fulfil the promise)
10. Unemployment rate, Labour force participation rate (because of COVID disruptions, these figures changed highly)
11. Recession (definition, how many times India has faced recession etc. because India was in recession last year)
12. Fiscal policy - expansionary and contractionary (because there was much talk about how India should revive the economy, and what kind of fiscal policy it should undertake)
13. Business cycle - boom and bust (their features, and pro-cyclical and counter-cyclical measures because of recent recession)
14. V-shaped recovery (too much talked about)
15. Inter-state migration and its stats (because of migrants' woes during the pandemic - they were one of worst sufferers)

Next 15 hot topics of Economy to be posted tomorrow. For other subjects, we will similarly list out. Stay tuned.