ECONOMIC ENVIRONMENT IN INDIA

Paper Code: 
AAF 414
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

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

CO127: Explain the features of the Indian economy and identify the major causes of under development of Indian Economy.

CO128: To evaluate the current trends in economic planning of India and critically examine the role of NITI AYOG in economic development

CO129: Develop knowledge regarding population and unemployment in the economy, and measures to curb them.

CO130: To identify the significance of agriculture economics and to the analyse the role of agriculture finance in Economic development.

CO131: Explain the meaning and components of public finance gather relevant Theoretical and practical knowledge about federal finance and working of finance commission in India.

Interactive Lectures, Discussion, Tutorials, assignments.

 

 

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

 

 

9.00
Unit I: 

·         Indian Economy: Basic Features of Indian Economy, Causes of underdevelopment of Indian Economy, India as Mixed Economy, India’s Position in World Economy.

9.00
Unit II: 

·         Economic Planning: Meaning & Significance, Objectives, Techniques, limitations.

·         NITI AYOG

·         Economic Policies : Meaning and  Objectives 

Overview  Economic Policies : Agriculture policy , Industrial Policy, Monetary Policy, Commercial Policy, Fiscal Policy , Wage policy , Trade policy. 

9.00
Unit III: 

Indian Economic Problems                                                                        

·         Unemployment: Meaning and Types, Causes and remedies to remove unemployment.

·         Population: Meaning, Causes of Population explosion in India, main features of recent census .

9.00
Unit IV: 

·         Agricultural Economics: Significance of Agriculture in economy.

·         Agricultural Finance: Institutional and non Institutional , Kisan credit card

·         Infrastructure development in Agriculture.

9.00
Unit V: 

·         Public Finance: Meaning and Scope, Components, Effect of public expenditure on Economy

·         Fiscal Federalism: Centre state finance relation, Finance commission

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
  •  H.L.Bhatia – Public Finance, Vikas Publishing House Pvt Ltd.,Delhi
References: 
Academic Year: 
2022-2023
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