Staying updated with daily current affairs is critical for UPSC, IAS, IPS, SSC, and IBPS aspirants. A strong grip on current events, especially in the Indian Economy, can make the difference between an average score and a top rank. This article provides concise, easy-to-revise notes, covering RBI policies, government schemes, budget updates, and important economic developments of September 2025.
Why Daily Current Affairs Matter for UPSC
- Prelims Advantage: Most MCQs in the Prelims are based on recent news.
- Mains Integration: Linking current events to static syllabus topics in GS3 Economy, Governance, and Finance helps in answer writing.
- Interview Preparation: Knowledge of up-to-date policies and schemes can impress the panel.
- Time-Saving: Consolidated notes help aspirants revise quickly and efficiently.
Key Economy Updates – September 2025
1. RBI Policy Updates
- Repo Rate: Increased to 6.75% to control inflation.
- Reverse Repo Rate: Now at 6.25%.
- Standing Deposit Facility (SDF): RBI injects ₹15,000 crore liquidity to stabilize markets.
- Marginal Standing Facility (MSF): Remains at 7%, enabling banks emergency funding.
2. Budget & Fiscal Highlights
- Fiscal Deficit: Projected at 5.4% of GDP for 2025–26.
- Capital Expenditure Boost: ₹12 lakh crore allocated to infrastructure projects under the National Infrastructure Pipeline.
- Disinvestment Updates: LIC IPO raised ₹1,20,000 crore.
- PLI Schemes: Incentives extended to the pharma and electronics sectors.
3. Government Schemes & Initiatives
- PM GatiShakti: ₹3.5 lakh crore allocated for multi-modal infrastructure projects.
- Atmanirbhar Bharat: Focus on domestic manufacturing in green energy and EVs.
- Startup India 2025: Tax exemptions extended to 300 more sectors.
- Financial Inclusion: 15 lakh new bank accounts added under PMJDY.
4. International Economic Developments
- Global Inflation Trends: US CPI dropped to 2.1%, impacting Indian export competitiveness.
- BRICS Contingency Fund: India’s contribution increased to $10 billion to support member countries.
- Foreign Direct Investment (FDI): ₹1,50,000 crore inflow in IT and manufacturing sectors.
Must-Remember Terms for September 2025
- Repo Rate
- Reverse Repo Rate
- Fiscal Deficit
- Capital Expenditure
- Disinvestment
- SDF Operations
- PLI Scheme
- PM GatiShakti
- FDI & FPI
- Inflation – CPI & WPI
Quick MCQs for Revision
- The Standing Deposit Facility (SDF) is used by the RBI to:
a) Control inflation
b) Provide emergency credit to banks
c) Inject liquidity without collateral
d) Determine the repo rate
Answer: c) Inject liquidity without collateral
- PM GatiShakti primarily focuses on:
a) Startups
b) Multi-modal infrastructure development
c) Banking reforms
d) Tax exemptions
Answer: b) Multi-modal infrastructure development
- PLI Scheme stands for:
a) Production Linked Incentive
b) Public Loan Initiative
c) Policy Linked Investment
d) Private Loan Incentive
Answer: a) Production Linked Incentive
Tips to Maximize Your UPSC Prep with Daily Notes
- Set a Daily Schedule: Revise economy news for 30 minutes each morning.
- Use Flashcards: Key terms like SDF, Repo Rate, and PLI Scheme.
- Integrate into Mains Answers: Link updates to governance and GS3 questions.
- Weekly Mock MCQs: Practice using compiled weekly current affairs questions.
- Stay Updated: Subscribe to reliable sources like PIB, RBI, and BestCurrentAffairs.com.
Conclusion
Regularly revising daily current affairs ensures you stay ahead of competition in the UPSC exam. With concise notes, important terms, and MCQs like the ones above, aspirants can strengthen both Prelims and Mains preparation.
Pro Tip: Bookmark BestCurrentAffairs.com for weekly updated notes, MCQs, and expert insights — your shortcut from confusion to UPSC success.
