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Economy

Glossary Terms

Service Sector & Infrastructure: Energy, Transportation, Communication

Paper I · Unit 2 Section 11 of 11 0 PYQs 26 min

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Glossary Terms

Term (EN) Definition Exam Relevance
Service Sector Economic sector producing intangible goods (banking, IT, trade)
Eight Core Industries (ICI) Coal, Oil, Gas, Refinery, Fertilizer, Steel, Cement, Electricity 40.27% IIP weight
IIP (Index of Industrial Production) Monthly indicator of industrial output by NSO
Bharatmala Pariyojana Rs 5.35 lakh crore; 34,800 km NH development programme 2017
UDAN Regional air connectivity scheme; VGF subsidised routes 2016
DFC (Dedicated Freight Corridor) Separate high-speed freight railway; EDFC + WDFC Operational 2022
Vande Bharat Express India-made semi-high-speed train (160 km/h) Launched 2022
Sagarmala Port-led development programme; 802 projects 2015
BharatNet Optical fibre broadband to 2.5 lakh gram panchayats 2011/2014+
PM Gati Shakti GIS digital platform integrating 16 ministries for infra Oct 2021
National Logistics Policy Reduce logistics cost 13%→8% GDP; LPI top 25 Sept 2022
ULIP Unified platform integrating 38 govt logistics systems 2022
LPI World Bank Logistics Performance Index; India rank 38 2023
5G 5th generation mobile network; launched India October 2022 2022
Telecom Act 2023 Replaced Indian Telegraph Act 1885; updated spectrum law 2023
PM Surya Ghar Rooftop solar scheme; 1 crore homes; 300 units free Feb 2024
PM-KUSUM Solar pumps for 35 lakh farmers; 30.8 GW target 2019
FAME India Phase-II EV adoption scheme; Rs 10,000 crore 2019
National Green Hydrogen Mission 5 MMTPA green hydrogen by 2030; Rs 19,744 crore Jan 2023
Saubhagya Household electrification scheme; 100% achieved 2017/2019
India Stack Digital public infrastructure (Aadhaar, UPI, DigiLocker)
JNPT Largest container port; Navi Mumbai
IWAI Inland Waterways Authority; 105 national waterways
UPI Real-time digital payment platform; 14.96 bn txns/month March 2025