Overview

Indian Economics – Paper 2 is a 50 Module course, examines sector-specific polices and their impact in shaping trends in key economic indicators in India.This course within the broad domain of ECONOMICS is based on Core Course of the UGC CBCS syllabus of B.A. / B.Sc. (Honours) in Economics.This course focuses in detail on the major trends in economic indicators and policy debates in India in the post-Independence period, with particular emphasis on paradigm shifts and turning points. It also studies different issues of development of India and make a comparative assessment with other countries. This course also examines sector-specific polices and their impact in shaping trends in key economic indicators in India. It highlights major policy debates and evaluates the Indian empirical evidence.The course, to be covered in 50 modules, will be delivered over a period of 15 WEEKS. 3 to 4 lectures will be released every week.

Syllabus

WEEK 1 1. Fiscal Policy of India, objectives and fiscal Responsibilities 2. Indian Tax structure, Problems and Reforms 3. Public Debt and Deficit Financing and Fiscal Imbalance WEEK 2 4. Federal Finance in India 5. India’s Foreign Trade, value , composition and Direction 6. Trade policies of the Government of India & Impact of Globalisation WEEK 3 7. Foreign capital and Aid- Forms and Importance, Government Policies 8. WTO and India, India’s exchange rate policy, MNCs, FERA and FEMA 9. Reserve Bank and Monetary Policies- Functions and Monetary policy WEEK 4 10. Commercial Banking in India 11. Indian Money market, Price Trends and Inflation 12. Capital market and Institutional Financing WEEK 5 13. Industrial Relation in India, Magnitude and causes of Industrial Disputes 14. Industrial Relations : Policies of the Government 15. Social Security in India and legislations 16. Review of the Social Security measures Through out the planning period WEEK 6 17. Role of Agriculture in Indian Economy 18. Agricultural production in the Planning period and determinants of growth 19. Agricultural Productivity and causes of low productivity WEEK 7 20. Agrarian Structure : Land Reforms and its evaluation 21. Farm Mechanisation Technology and Green revolution 22. Agricultural Finance and marketing- Rural Credit WEEK 8 23. Agricultural price policy- Trends and evaluation 24. Public Distribution System in India and its evaluation – Problem of food security 25. Farm Input- seeds, fertilisers’ pesticides, Irrigation and Agricultural subsidies WEEK 9 26. Role of Industrialization in economic Development in India 27. Industrial Growth in India- Performance and Problems 28. Industrial policies in India – Appraisal of New Industrial policy WEEK 10 29. Public Sector in India- Role , Performance, Problems and policies 30. Privatisation of Public Sector- Disinvestment programme 31. Issues related to Private Sector WEEK 11 32. Small scale and Cottage industries- Role , performance and problems 33. Industrial Sickness in India- Causes , Magnitude and remedies 34. Diversification of Indian Industries 35. Foreign Investment Inflows- A critical Appraisal WEEK 12 36. Role ,Growth and contribution of service sector in India 37. Role of Service sector in employment Generation 38. Performance and Growth of some major services in Indian Economy 39. India’s IT and ITES industry, Development of Information and Communication Technology in India- Foreign trade in Service sector WEEK 13 40. Sustainability of Service led Growth in India 41. Social security of Indian workers during Covid pandemic period 42. Impact of Covid-19 pandemic on Indian service sector and growing importance of E –Governance and Digital development in India WEEK 14 43. Problem of inflation in India in post pandemic period 44. Role of RBI in controlling current inflation in India 45. Economic Impact of devaluation of Rupee in India in post pandemic period 46. Agricultural sector and employment generation in India in recent years WEEK 15 47. Appraisal of New Agricultural policy in India 48. Impact of Covid pandemic on Indian agricultural sector 49. Industrial growth and employment generation in India-in recent years 50. Impact of Covid pandemic on industrial sector in India