Indian Economy by Vivek Singh 2025 Review

If you’ve ever opened an Indian Economy book and felt like you were drowning in jargon, you’re not alone. For most UPSC aspirants, economics is the subject that sends shivers down the spine—pages of technical definitions, endless data, and concepts that feel impossible to remember.

Now, imagine a book that talks to you like a mentor, simplifies even the toughest concepts, and gives you up-to-date facts that actually stick. That’s exactly what Indian Economy by Vivek Singh (2025 Edition) delivers—making it one of the most loved resources for UPSC CSE, State PCS, RBI, NABARD, and SEBI aspirants.

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Indian Economy by Vivek Singh [2025-26 Edition]

Overall Rating:

4.8/5

Indian Economy by Vivek Singh 2025

– UPSC, State PCS, RBI, NABARD Guide

Indian Economy (2025 Edition) is a complete, exam-oriented guide for UPSC GS Paper III (Economic Development) that blends concepts with current affairs, including Budget 2025–26 and Economic Survey 2024–25.

  • Book Edition: 2025-26 (9th)
  • Book Publication: S. Chand Publishing
  • No of Pages: 464
  • Available Languages: English & Hindi

About the Book: Indian Economy – Vivek Singh

  • Covers static + current affairs for Prelims & Mains with real-life examples.
  • Includes Budget 2025–26 & Economic Survey 2024–25 updates.
  • Previous years’ UPSC Prelims & Mains questions for targeted practice.
  • Diagrams, charts, and glossary for quick, visual learning and revision.

About Author: Vivek Singh

Vivek Singh, an IIT-BHU graduate with an MBA in Finance and Infrastructure, left a decade-long corporate career to pursue his passion for teaching. With 11+ years of experience, he’s known for explaining complex topics in the simplest way possible, making economics easy for thousands of aspirants.

Key Features:

Exam-Focused Coverage

Fully mapped to UPSC GS Paper III syllabus.

Latest Data

Updated with Budget 2025–26 & Economic Survey 2024–25.

Visual Learning

Diagrams, charts, and flowcharts for faster understanding.

Self-Study Friendly

Simple language for independent preparation.

Previous Year Questions

Integrated for Prelims & Mains practice.

Table of Content:

  • Introduction
  • Economic Organization (the three problems)
  • Economic Systems
  • Four Sectors of Economy
  • Private Sector
  • Types of Goods
  • Investment
  • Circular Flow
  • Gross Domestic Product
  • GDP Calculation Methodology by NSO
  • Macroeconomic Variables
  • Nominal and Real GDP
  • Productivity, Capital Output Ratio and ICOR
  • Potential GDP
  • Nominal, PPP and Real Exchange Rates
  • GDP, Welfare, Development and Human Capital
  • World Bank & IMF Classification of Countries
  • Inflation Indices
  • Previous Years’ Questions
  • Introduction
  • Functions of Money
  • Exchange Rate Systems
  • Securities
  • Government Securities
  • Corporate Bond Market in India
  • Financial Markets
  • Types of Company
  • Accounts and Deposits
  • Money Supply
  • Money Circulation
  • Money Creation
  • Monetary Policy
  • Indian Financial System
  • RBI and its Functions
  • RBI’s Sources of Income and Economic Capital Framework
  • Crypto Currency and Central Bank Digital Currency (CBDC)
  • Base Rate, MCLR and External Benchmark Rate
  • BASEL Norms
  • Unified Lending Interface (ULI)
  • Prompt Corrective Action (PCA)
  • Systemically Important Financial Institutions
  • Foreign Investment
  • Currency Swap and Forex Swap
  • Balance of Payment (BoP)
  • GIFT (Gujarat International Financial Tech) City
  • Liquidity Trap
  • Inflation
  • Phillips Curve
  • Previous Years’ Questions
  • History of Indian Banking and Reforms
  • Relationship between RBI and Government of India
  • Should Large Corporate be allowed to Open their own Banks?
  • Financial Stability and Development Council (FSDC)
  • Development Financial Institutions (DFIs)
  • Securitisation of Loans
  • SARFAESI Act 2002
  • NPA Crisis and Bad Bank
  • RBI Circular (June 2019) on Resolution of NPAs
  • Insolvency and Bankruptcy Code 2016
  • Introduction
  • Budget Procedure
  • Government Accounts
  • Budget Classification
  • Government Deficits
  • Fiscal Policy
  • Perspectives on Deficit and Debt
  • Monetization of Deficit and Deficit Financing
  • Fiscal Responsibility and Budget Management (FRBM) Act 2003
  • Strategic Disinvestment
  • Fiscal Council
  • India’s Tax System
  • Goods and Services Tax (GST)
  • Tax related Issues Across the Countries
  • Direct Tax Reforms
  • Funds Transfer from Centre to States/UTs
  • Previous Years’ Questions
  • Land Rights before Independence
  • Land Reforms post-Independence
  • Land Acquisition Act 2013
  • Model Agricultural Land Leasing Act 2016
  • Land Pooling Policy
  • Land Reforms to be done by States
  • Previous Years’ Questions
  • Impact of British Rule on Indian Economy
  • Economy After Independence
  • Economic Situation after Nehru (1965 to 1991)
  • Economic Reforms of 1991 (LPG Reforms)
  • Economy Jumped from Agriculture to Services
  • Planning Commission and Five Year Plans
  • Previous Years’ Questions
  • NITI Aayog
  • Manufacturing
  • Make in India
  • Smart Manufacturing: Industry 4.0
  • Index of Industrial Production and Core Industries
  • Micro Small and Medium Enterprises (MSME)
  • Production Linked Incentive Scheme (PLIS)
  • Start-ups and Policy enablers for Innovation
  • National Policy for Skill Development and Entrepreneurship
  • Land Banks and National Single Window System (NSWS)
  • E-Commerce
  • FDI in Retail
  • FDI in Insurance
  • Atmanirbhar Bharat
  • Previous Years’ Questions
  • Inclusive Growth
  • Poverty Estimation in India
  • Demographic Dividend
  • Labour Laws in India
  • Different Types of Employment
  • Migrant Labour
  • Employees’ Provident Fund Organization (EPFO)
  • National/New Pension System (NPS)
  • Informal and Formal Economy
  • Unemployment and its Types
  • Underemployment
  • PLFS and QOES
  • Rising Income Inequality
  • Sustainable Development Goals (SDG)
  • Socio Economic Indicators
  • Previous Years’ Questions
  • Introduction
  • Different Ways of Disbursing/implementing Subsidies
  • Fuel Subsidies
  • Fertilizer Subsidies
  • Food Security
  • Shanta Kumar Committee Recommendations
  • Previous Years’ Questions
  • A comparison of Indian Agriculture with China (2018-19)
  • Previous Years’ Questions
  • Introduction
  • Agriculture in India: A Brief History
  • Minimum Support Price (MSP)
  • PM – AASHA
  • PM – KISAN
  • Agriculture Extension Services
  • Krishi Vigyan Kendras (KVK)
  • Farmer Producer Organization (FPO)
  • Marketing of Agricultural Produce
  • Contract Farming
  • Agriculture Based Clusters
  • Digital Agriculture Mission
  • National Mission on Edible Oil
  • Pradhan Mantri Fasal Bima Yojana (PMFBY)
  • Increasing Farmers’ Income
  • Agriculture Export Policy 2018
  • Irrigation in India
  • Farming System and Cropping Pattern in India
  • Food Systems
  • Animal Husbandry
  • National Livestock Mission
  • Mission for Integrated Development of Horticulture (MIDH)
  • National Bamboo Mission
  • Genetically Modified (GM) Crops
  • Organic Farming
  • Zero Budget Natural Farming (ZBNF)
  • Integrated Farming System (IFS)
  • Agroecology
  • Conservation Agriculture
  • Protected Cultivation
  • Permaculture
  • Use of Technology in Agriculture
  • Previous Years’ Questions
  • Supply Chain: An Introduction
  • Food Processing Industry
  • Essential Commodities Act 1955
  • Supply Chain Schemes
  • Warehouse Receipts
  • FSS Act 2006 and FSSAI
  • Previous Years’ Questions
  • Bretton Woods Conference (United Nations Monetary and Financial Conference)
  • General Agreement on Tariffs and Trade (GATT) 1947
  • WTO Agreements
  • Principles of WTO Trade
  • Agreements Under GATT
  • General Agreement on Trade in Services (GATS)
  • Intellectual Property Rights (IPR)
  • Trade Related Aspects of Intellectual Property Rights (TRIPS)
  • Generic Drugs and Compulsory Licenses
  • WTO – Doha Development Agenda
Simplify Your UPSC Prep – Order now and make economics your scoring subject.
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Verdict

When I first began my UPSC preparation, Indian Economy felt like an unending puzzle. No matter how many books I read, I still felt lost in jargon and outdated data. That’s why Vivek Singh’s Indian Economy felt like a breath of fresh air—it spoke to me in plain language, gave me up-to-date facts, and even made me enjoy studying economics.

If you’re tired of memorizing without understanding, this book will change that. It breaks down concepts step-by-step, connects them to real-life examples, and prepares you for both Prelims and Mains. If you’re serious about UPSC or other competitive exams, this isn’t just a good buy—it’s an investment in clarity and confidence.

User Experience: Real Feedback from Students and Educators

FAQs:

Yes. It includes Budget 2025–26, Economic Survey 2024–25, updated schemes, and the latest economic data.

Absolutely. It’s designed for GS Paper III but also covers Prelims concepts comprehensively.

Yes. Its coverage of banking, finance, and current economic developments makes it perfect for RBI, NABARD, SEBI, and State PCS exams.

Yes. The flowcharts and tables make last-minute revision much faster and more effective.

Conclusion

Economics doesn’t have to be your weak point—it can become your scoring subject. Vivek Singh’s Indian Economy (2025 Edition) turns confusion into clarity with its simple language, updated data, and exam-oriented coverage. If you’re preparing for UPSC or any other competitive exam, this book can genuinely be your game-changer.

If you have any doubts about whether this book suits your preparation, drop your question in the comments below—I’ll personally help you decide.


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