Indian Economy (Generic Elective Course)

Paper Code: 
GECO 211
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

1.    To critically appraise current Indian economic scenario.

2.    To evaluate the sectoral development including agriculture, industry and services sectors in India.

3.    To appraise with important areas of concern like poverty, income inequality, unemployment and inflation

12.00
Unit I: 
Structure of the Indian Economy
  • Characteristics of Indian economy as a developing economy
  • The Current State of Indian Economy 
  •  National income trends and Structural Changes

Regional imbalances – Indicators, causes & measures undertaken

12.00
Unit II: 
Demography
  • Population - size and growth rates, age & sex composition, literacy rates, density, rural-urban distribution; 
  • Occupational distribution;
  • National Population policy (2000). 
  • Demographic Dividend 
  • Urbanization and development process
12.00
Unit III: 
Agriculture
  • Agriculture – importance
  • Cropping Pattern
  • Trends in agricultural production & causes of low productivity
  • Green Revolution
  • Agricultural Marketing
  • Agricultural Credit
12.00
Unit IV: 
Industry &Services
  • Industrial growth during the planning period
  • Present industrial policy (1991)
  • Importance, growth and problems of Micro, Small and Medium Enterprises
  • Role and problems of Public sector in India
  • Growth and contribution of service sector
12.00
Unit V: 
Important areas of concern
  • Poverty;
  • Income Inequality;
  • Unemployment;
  • Unemployment and Poverty Eradication Programmes: MGNREGA, PMEGP NRLM & NULM
  • Inflation – causes & measures to control
Essential Readings: 

1.    Datt and Sundaram’s Indian Economy Datt Gaurav and Mahajan Ashwani  (latest edition), Indian Economy, S.Chand and Company Limited, New Delhi.

2.    Misra S. K.  and Puri V.K., (latest edition), Indian Economy, Himalaya Publishing House.

3.    Agarwal, A.N. and Agarwal M K (latest edition), Indian Economy: Problems of Development and Planning,  New Age International Pvt. Ltd. , New Delhi

References: 

1.    Kapila, Uma (Latest Ed.), Indian Economy since Independence, Academic Foundation

2.    Govt. of India, Economic Survey (Annual), Economic Division, Ministry of Finance, New Delhi

3.    Jean Dreze and Amartya Sen, Jean Dreze and Amartya Sen, 2013. An Uncertain Glory: India and its Contradictions, Princeton University Press

Academic Session: 
2023-24
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