Indian Economy-Issues & Challenges

Paper Code: 
ECO 144
Credits: 
4
Max. Marks: 
100.00
12.00
Unit I: 
  • Characteristics of Indian population, National Population Policy
  • Poverty, unemployment, regional imbalances and income inequalities
  • National Income estimates in India – Growth and Structure, recent changes in methodology of estimation of national income inIndia.
  • Human Development: PQLI, Human Development Index, Gender Development Index, Gender Related Development Index and Multidimensional Poverty Index

 

12.00
Unit II: 
  • Agricultural Development in India – Trends in production
  • Food policy and security, Subsidy and public distribution system,
  • Growth and Pattern of Industrialization
  • Growth and contribution of service sector

 

12.00
Unit III: 
  • India’s foreign trade: Value, Composition and Direction
  • India’s Balance of Payments
  • Trade Policy of Government of India
  • Foreign Capital inflow in India
  • International organizations for regional economic cooperation: SAARC, European Union, EFTA, NAFTA

 

12.00
Unit IV: 
  • The Indian Tax Structure
  • Public Expenditure in India-Trends & Issues
  • Public Debt in India
  • India’s Fiscal policy
  • Federal Finance in India: Centre-State Financial Relations

 

12.00
Unit V: 
  • Economic Reforms and Liberalization
  • COVID-19 pandemic and its impact on Indian economy
  • Price trends and Inflation
  • Commercial Banking in India
  • Reserve Bank of India and its Monetary Policy

 

References: 
  1. Arvind Panagariya: India - The Emerging Giant, Oxford University Press, New Delhi , 2011.
  2. Gaurav Datt and Ashwani Mahajan, Datt and Sundharam’s Indian Economy,  S Chand Publishing; Seventy Second edition , recent edition.
  3. V.K. Puri  and S.K. Mishra, Indian Economy, Bandla Publications; recent edition.
  4. S. Mahendra Dev, India Development Report, 2017, Oxford University Press, New Delhi.
  5. T. Haque and D. N. Reddy, India: Social Development Report 2018: Rising Inequalities in India, Oxford University Press, New Delhi.
  6. Jinusha Panigrahi N. V. Varghese, India Higher Education Report 2018: Financing of Higher Education, SAGE
  7. World Development Report 2020: Trading for Development in the Age of Global Value Chains, World Bank Publications , 2020.
  8. Human Development Report 2019: Beyond Income, Beyond Averages, Beyond Today: Inequalities in Human Development in the 21st century, UNDP.

 

Academic Session: 
2020-21
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