Indian Economy Policies and Performance

Paper Code: 
BSG 414
Credits: 
4
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of this course is to cover different spheres of Indian Economy to make students aware about the achievements and problems of our economy.

 

Course Outcome(COs):

 

Course

Learning Outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSG 414

Indian Economy Policies and Performance
  1. Student will examine the features of Indian economy and explore its position in the world economy.
  2. Student will evaluate the need of different economic reforms and interpret the structural adjustments required for the economic development.
  3. Student will examine the role of different public sector undertaking and economic policies in recent scenario.
  4. Student will explore the significance of economic planning and globalization in Indian economy.
  5.  Student will examine the role of unemployment and Population growth as a retarding factor in economic development and critically evaluate the Present National Population Policy.

 

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching

Learning activities for the students:

Self learning assignments, Effective questions, Simulation, Seminar presentation, Giving tasks

Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects Observation, Presentation, Report writin

 

9.00
Unit I: 
Indian Economy
 

• Basic Features of Indian Economy Causes of under development of Indian Economy
• India as Mixed Economy, India’s Position in World Economy,
• determinants of Economic development, developed v/s developing economy.

 

 

9.00
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.

 

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.

 

9.00
Unit III: 
Public Sector undertaking

• Role and Problems. Mani Ratna& DIPAM (Overview)
• Economic Policies: Meaning, Objectives,
• National Agricultural Policy, fiscal policy,
• latest Industrial Policy of India.

 
 

 

9.00
Unit IV: 
Economic Planning

• Meaning &Significance, Objectives of planning,
• Basic features of India’s Five year plans,
• NITI Aayog: Functions and Objectives.
• Globalization- Meaning, Objectives,
• Positive & Negative impacts.

 
 

 

9.00
Unit V: 
Unemployment
• Meaning, Types, Causes and

• remedies to remove unemployment: E-NAM, Make in India.
• Population: Main Features of census 2011,
• Demographic profile ,Health Policy.
• Population growth as a retarding factor to Economic Development, Present National Population Policy

 

Essential Readings: 

• Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur
• Sundaram &Dutt, “Indian Economy” ,S Chand & Sons, New Delhi
• PratiyogitaDarpan : General Studies (Indian Economy)
• Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

Academic Year: 
2021-2022
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