Coming soon
Indian Economy-II
Paper Code:
ECO 214
Credits:
3
Contact Hours:
45.00
Max. Marks:
100.00
Objective:
1. To examine the issues related to growth of Indian economy, its plan ning and economic reforms.
2. To acquaint the students with foreign trade of India
3. To appraise with important areas of concern like poverty, income inequality, unemployment, regional imbalance, rising prices and black money.
9.00
Unit I:
Economic Planning in India
- Planning in India: features, objectives, broad achievements and failures;
- Twelfth five-year plan: objectives, achievements and failures.
- NITI Aayog
9.00
Unit II:
Economic Reforms
- Need for economic reforms;
- Macroeconomic Stabilization- Control of Inflation, fiscal adjustment, balance of payments adjustment;
- Structural adjustments- trade and capital flow reforms, industrial deregulation, disinvestment and financial sector reforms
9.00
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: MGNREGA, PMEGP NRLM & NULM
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;
- Covid-19 and its effects on Indian Economy.
Essential Readings:
1. Datt, G. and Mahajan, A., Datt&Sundharam’s(2021), Indian Economy, S.Chand and Company Limited, New Delhi (73rd edition)
2. Puri,V.K and Misra, S.K.(2021), Indian Economy, Himalaya Publishing HousePvt. Ltd. (39th edition)
References:
1. Kapila, Uma ,Indian Economy since Independence, Academic Foundation, 31st edition, 2020.
2. Govt. of India, Economic Survey, Economic Division, Ministry of Finance, 2022.
Academic Session:
