Best UPSC and MPPSC IAS Coaching Classes in Gwalior

Taking India’s Exports to Every District

1. India’s total exports of goods and services reached US$825.25 billion in 2024–25 and were estimated at US$863.11 billion in 2025–26.

2. The Districts as Export Hubs (DEH) Initiative treats every district as a unit of export planning by identifying products and services with global-market potential.

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India’s Trade Agreements in Action

1. India is shifting from merely signing Free Trade Agreements (FTAs) to ensuring their effective use by exporters. The focus is on increasing exports, investment, employment, product diversification and market access while protecting sensitive domestic sectors.

2. In Financial Year (FY) 2025–26, India’s combined merchandise and services exports reached a record US$ 863.1 billion. Merchandise exports were US$ 441.8 billion, while services exports were US$ 421.3 billion.

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Bharat Taxi Cooperative Mobility Platform

1. Bharat Taxi is India’s first cooperative-led ride-hailing platform, established on 6 June 2025 under the Multi-State Cooperative Societies Act, 2002.

2. It was founded by eight national cooperative institutions: National Cooperative Development Corporation (NCDC), Indian Farmers Fertiliser Cooperative Limited (IFFCO), National Bank for Agriculture and Rural Development (NABARD), Krishak Bharati Cooperative Limited (KRIBHCO), Amul, National Agricultural Cooperative Marketing Federation of India Limited (NAFED), National Dairy Development Board (NDDB) and National Cooperative Export Limited (NCEL).

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Samudra Manthan: Unlocking Offshore Energy

1. Samudra Manthan – National Offshore Exploration Scheme was approved on 31 July 2026 with a Phase-I outlay of ₹84,084 crore for the period up to FY 2030–31.

2. The scheme aims to unlock India’s offshore hydrocarbon potential by promoting exploration, modern technology, shared infrastructure, and domestic manufacturing.

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India’s Tourism Revolution

1. India recorded 2.9 billion domestic tourist visits in 2024, surpassing pre-pandemic levels and reflecting strong growth in domestic tourism.

2. Around 2.02 crore International Tourist Arrivals (ITAs) were recorded in 2025, indicating continued recovery and expansion of inbound tourism.

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India’s Rural Credit Ecosystem

1. The National Bank for Agriculture and Rural Development (NABARD) is the apex development financial institution for agriculture and rural development in India.

2. According to NABARD’s Rural Economic Conditions and Sentiments Survey (May 2026), about 77.2% of rural households reported higher consumption levels, while around 51% relied exclusively on formal sources of credit.

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India–UK Comprehensive Economic and Trade Agreement

1. The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) provides zero-duty access to nearly 99% of India’s exports, covering almost the entire value of bilateral merchandise trade.

2. Merchandise trade between India and the United Kingdom reached USD 25.12 billion in 2025–26, with India recording a trade surplus of USD 1.76 billion.

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Agricultural Mechanization in India

1. The Sub-Mission on Agricultural Mechanization (SMAM) was launched in 2014–15 as a Centrally Sponsored Scheme under the Rashtriya Krishi Vikas Yojana (RKVY).

2. SMAM aims to promote farm mechanization among small and marginal farmers, women, Scheduled Castes (SC), Scheduled Tribes (ST), Farmer Producer Organizations (FPOs), Self-Help Groups (SHGs), and rural entrepreneurs.

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De-Dollarisation and the Global Financial Order

1. De-dollarisation refers to the process by which countries reduce their dependence on the United States Dollar (USD) in international trade, reserves, and financial transactions.

2. The US Dollar functions as a reserve currency, a medium of cross-border exchange, and a unit of account in the global financial system.

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