RK Economics - GS
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Comprehensive coverage of Economics syllabus, concepts and current affairs for UPSC/SSC/State PSC
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Forwarded from RK Economics - IES
🚨 Still confused about your IES preparation?
You're not alone.

Many aspirants struggle with:
▪️ The vast Economics syllabus
▪️ UPSC-style answer writing
▪️ Lack of a clear preparation roadmap
▪️ Inconsistent study routines
▪️ Doubts about self-study
▪️ Fear that academic marks will hold them back
▪️ Uncertainty about the IES exam process

The truth is, cracking the Indian Economic Service (IES) exam is not just about studying harder—it's about studying with the right strategy, guidance, and direction.

🎯 Our FREE IES Orientation Programme is designed to help you:
Understand the right mindset for the IES exam
Get clarity on the syllabus and preparation strategy
Learn the right approach to answer writing
Avoid common mistakes aspirants make
Build a realistic roadmap towards success

Whether you're just starting out or already preparing, this session can help you move forward with confidence.

📍 Join the FREE IES Orientation Programme
📚 Conducted by RK Economics in association with iLearn IAS Academy


🔖 Save this post for future reference.
📤 Share it with an Economics student who dreams of becoming an IES Officer.
🚨 India’s Inflation Measurement System is Set for a Major Upgrade!

From 15 June, the Government of India will introduce a new Wholesale Price Index (WPI) series with 2022–23 as the base year. Alongside this, India will gradually transition towards a Producer Price Index (PPI) framework, aligning its statistical system with global best practices.

🔹 Why is this important?
WPI is widely used in contracts, price escalation clauses, and industrial pricing decisions.
PPI measures prices received by producers and is considered a better indicator of production-side inflation.
The move will improve the accuracy of inflation measurement and national income estimation.
New Input PPI, Output PPI, and Services PPI series will also be introduced.

🔹 Key Exam Takeaways
📌 New WPI Base Year: 2022–23
📌 Release Date: 15 June
📌 RBI uses CPI for monetary policy decisions, not WPI.
📌 PPI includes services and is more consistent with international accounting standards.
📌 India may gradually replace WPI with PPI over the next few years.
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📈 India’s Startup Revolution: A Decade of Transformation (2016–2025) 🇮🇳🚀

When the Startup India initiative was launched in 2016, India had just a few hundred recognised startups. Less than a decade later, the country has emerged as one of the world’s leading startup ecosystems.

🔹 Key Highlights from the Startup India Journey

DPIIT-recognised startups increased from 288 in 2016 to over 2 lakh in 2025.

India’s startup ecosystem expanded beyond metros:
• Tier-1 cities accounted for 65% of startups in 2016
• By 2025, Tier-3 cities contributed 71% of new startups, showcasing deeper regional entrepreneurship.

Startup funding ecosystem witnessed remarkable growth:
• Funded startups increased from 2,000 in 2016 to 75,000 in 2025.

India’s startup founders are predominantly young:
• Around two-thirds of founders are below 40 years of age.
• Women entrepreneurs are growing rapidly, with a 20% CAGR, higher than that of male founders.

🔹 What Made This Growth Possible?
📌 Supportive government policies
📌 Digital transformation and technology adoption
📌 Expanding venture capital ecosystem
📌 Growing entrepreneurial culture across India
📌 Rise of innovation-driven businesses
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Forwarded from RK Economics - IES
Reminder
ഇന്ന് രാത്രി 7 മണിക്ക്
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"No country has achieved high-income status without a strong manufacturing base."

Britain, Germany, Japan, South Korea, China — history tells the same story.

Can India become the world's next manufacturing hub?

Today's newspaper analysis explores India's opportunity in the evolving global production landscape, the policy ecosystem supporting industrial growth, and the challenges that stand between potential and performance.
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IFoS Prelims result