Monthly Policy Review — June 2026: GDP, RBI, FCRA, NFSA
UPSC / SSC current affairs note · Polity
Why in news
This monthly policy review by PRS Legislative Research covers key economic and policy developments in June 2026, including GDP growth estimates, RBI's monetary policy stance, and important regulatory changes. It is relevant for UPSC and SSC exams as it touches on current affairs across economy, polity, and security.
Background
PRS Legislative Research publishes monthly policy reviews summarizing major government decisions, economic data, and regulatory changes. This edition covers June 2026.
Key facts
GDP growth for 2025-26 estimated at 7.7%, higher than 2024-25's 7.1%.
Q4 2025-26 GDP growth estimated at 7.8%.
RBI MPC kept repo rate unchanged at 5.25%; other rates also unchanged.
Current account surplus of 0.7% of GDP in Q4 2025-26.
Capital account net outflow of USD 1.1 billion in Q4 2025-26.
Foreign exchange reserves increased by USD 7.2 billion.
Ordinance exempts FIIs and BIS from income tax on government securities interest and capital gains.
FCRA Amendment Rules 2026 prescribe approved purposes for foreign contribution and utilisation threshold.
RBI amended directions on responsible business conduct, prohibiting dark patterns and compulsory bundling.
Cabinet approved Rs 10,000 crore fuel price stabilisation fund for Indian airlines to manage ATF price volatility.
Prelims pointers
- GDP growth 2025-26: 7.7%
- Repo rate: 5.25%
- Current account surplus: 0.7% of GDP
- Foreign exchange reserves increase: USD 7.2 billion
- FIIs: Foreign Institutional Investors
- BIS: Bank for International Settlements
- FCRA: Foreign Contribution (Regulation) Act
- ATF: Aviation Turbine Fuel
- Antyodaya Anna Yojana: part of NFSA
- Coal Exchange Rules 2026
Mains angles
- GS3 Economy: Analyse the implications of GDP growth estimates and RBI's monetary policy stance on the Indian economy.
- GS2 Polity: Discuss the significance of the FCRA Amendment Rules 2026 in regulating foreign contributions and their impact on NGOs.
- GS3 Security: Evaluate the need for a fuel price stabilisation fund for airlines in the context of geopolitical crises.
- GS2 Polity: Examine the proposed changes to the National Food Security Act and their impact on food security of vulnerable households.
- GS3 Economy: Assess the role of electronic trading platforms like the Coal Exchange in improving market efficiency and transparency.