Indian Economy

Paper Code: 
24DATG513A
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable students to understand the fundamental issues and features of the Indian economy, including unemployment, population dynamics, industrial growth, financial sector performance, and external sector trends, fostering a comprehensive understanding of India's economic landscape and policy frameworks.

Course Outcomes: 

Course

Course Outcomes

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

 

 

 

 

 

 

24DATG 513A

 

 

 

 

 

 

Indian Economy

(Theory)

 

CO181: Examine the features of the Indian economy and explore its position in the world economy.

CO182: Critically evaluate the challenges and constraints in the economic development of the country

CO183: Explore the significance of economic planning needed for various economic reforms in the development of the economy.

CO184: Examine the role of different public sector undertakings and interpret the structural adjustments required for economic development.

CO185: Critically evaluate the present foreign trade policy adopted by the Indian government with reference to the composition and direction of India’s Foreign trade.

CO186: Contribute effectively in course-specific interaction

Approach to teaching:

Interactive Lectures, Discussions, Tutorials.

 

Learning activities for the students:                              Reading assignments, Demonstrations, and Team teaching

 

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

 

12.00
Unit I: 
Basic Issues And Features Of The Indian Economy:

• Concept And Measures Of Development And Underdevelopment,
• Basic Features Of The Indian Economy,
• Causes Of Underdevelopment Of The Indian Economy,
• India As A Mixed Economy,
• Various Economic Indicators And India’s Position In World Economy.
• Green GDP- Concept and Features.

12.00
Unit II: 
Issues Of The Indian Economy:

• Unemployment: Meaning, Types, Causes, And Remedies To Remove Unemployment: e-NAM, Make In India.
• Population: Main Features Of The Latest Census, Demographic Profile, And Health Policy. Population Growth As A Retarding Factor To Economic Development, Present National Population Policy
• Demographic Constraints In Economic Development: Interaction Between Population Change And Economic Development.

12.00
Unit III: 
Economic Planning and Policy Regimes

• Economic Policies- Meaning, Objectives, Components of Economic Policies. Implications on the Economy
• Economic Reforms Since 1991, Privatization, Liberalization And Globalization
• Economic Planning In India: Features, Objectives, Broad Achievements And Failures;
• Niti Aayog

12.00
Unit IV: 
Industry

• Industrial Growth During The Planning Period ;
• Present Industrial Policy (1991); Features And Current Reforms.
• Importance, Growth And Problems Of Micro,Small And Medium Enterprises;
• Role And Problems Of Public Sector In India.
• Financial Sector: Structure, Performance And Reforms
• Role Of Financial Sector In Economic Development

12.00
Unit V: 
External Sector:

• Trends In Exports And Imports;
• Composition And Direction Of India’s Foreign Trade;
• Recent Trends In Export-Import Policy,
• Balance Of Payments; Features And Components., India’s Balance Of Payment.

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: 

Suggested Readings:
• 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
BabuKuruva
• Rural Development: Principles, Policies, and Management, 4e, Katar Singh & Anil
Shishodia, https://etext.sagepub.in/etext
• National Digital Library
• World Ebook Library
https://courses.lumenlearning.com/boundless-economics/
https://censusindia.gov.in/
https://fincomindia.nic.in/
http://www.niti.gov.in/
https://finmin.nic.in/

Reference Journals:
• International Journal of Rural Management, http:// sagepub.com
• FIIB Business Review- http:// sagepub.com
• Vikalpa : http:// sagepub.com
• Directory of Open Access Journals

Academic Year: