Indian Economy-II

Paper Code: 
ECO 214
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 
  • To study the various aspects of economic reforms, foreign trade and important areas of concern; and
  • To acquaint the students with the features/issues of Indian economy.
7.00
Unit I: 
Growth of Indian economy & Planning in India
  • National income trends
  • Structural Changes
  • Planning in India: objectives, broad achievements and failures;
  • Eleventh five-year plan: objectives, achievements and Failures.
  • Twelfth five-year plan: objectives
10.00
Unit II: 
Economic Reforms
  • Need for economic reforms;
  • Macro Economic Stabilization- Control of Inflation, fiscal adjustment, balance of payments adjustment;
  • Structural adjustments- trade and capital Flow reforms, industrial deregulation, disinvestment and financial Sector Reforms
10.00
Unit III: 
External Sector
  • Trends in exports and imports;
  • Composition of India’s foreign trade;
  • Direction of India’s foreign trade;
  • Role of Multinational corporations (MNCs).
9.00
Unit IV: 
Important areas of concern -I
  • Poverty;
  • Income Inequality;
  • Unemployment;
  • Unemployment and Poverty Eradication Programmes: SGSY, SGRY, MGNREGA, JNNURM, PMEGP, SJSRY
9.00
Unit V: 
Important areas of concern - II
  • Regional imbalances – Indicators, causes & measures undertaken;
  • Rising prices – causes & measures to control;
  • Black Money – factors responsible & measures to control.
Academic Session: