INDIAN ECONOMY POLICIES AND PERFORMANCE

Paper Code:

BSG 414

Credits:

3

Contact Hours:

45.00

Max. Marks:

100.00

Objective:

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

Student will examine the features of Indian economy and explore its position in the world economy.
Student will evaluate the need of different economic reforms and interpret the structural adjustments required for the economic development.
Student will examine the role of different public sector undertaking and economic policies in recent scenario.
Student will explore the significance of economic planning and globalization in Indian economy.
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

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

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.

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

• N.D Mathur: Economic Environment in INDIA, Shivam book house(P)ltd , Jaipur

• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

References:

• Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur

• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

• Mishra Puri , Indian economy ,Himalaya publishing house

• PratiyogitaDarpan : General Studies (Indian Economy)

E Resources:

• Economic Reforms in India since 1991, Monika Kashyap, Mahindra, https://etext.sagepub.in/etext