UPSC Mains Current Affairs for 23 October 2026

UPSC Mains Current Affairs for 23 October 2026 covers the day’s developments in the form Mains answers need — context, stakeholders, the arguments on either side, and the way forward. Each note is mapped to the General Studies paper and topic it belongs to, so the material is ready to be used in an answer rather than only read.

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Keynesian Economics vs Microfoundations

GS-III | Indian Economy | Macroeconomic Policy | Investment Introduction Robert Hall and Michael Woodford used models of individual agents’ decisions to represent the macro-economy. The aggregate economy can't be explained by looking at what every single person does, according to Keynes. Heterodox economics examines the structure of the overall economy as opposed to its…

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