Indian Economics – Paper 2 is a 50 Module course, examines sector-specific polices and their impact in shaping trends in key economic indicators in India.This course within the broad domain of ECONOMICS is based on Core Course of the UGC CBCS syllabus of B.A. / B.Sc. (Honours) in Economics.This course focuses in detail on the major trends in economic indicators and policy debates in India in the post-Independence period, with particular emphasis on paradigm shifts and turning points. It also studies different issues of development of India and make a comparative assessment with other countries. This course also examines sector-specific polices and their impact in shaping trends in key economic indicators in India. It highlights major policy debates and evaluates the Indian empirical evidence.The course, to be covered in 50 modules, will be delivered over a period of 15 WEEKS. 3 to 4 lectures will be released every week.
Overview
Syllabus
WEEK 1
1. Fiscal Policy of India, objectives and fiscal Responsibilities2. Indian Tax structure, Problems and Reforms3. Public Debt and Deficit Financing and Fiscal Imbalance
WEEK 2
4. Federal Finance in India5. India’s Foreign Trade, value, composition and Direction6. Trade policies of the Government of India & Impact of Globalisation
WEEK 3
7. Foreign capital and Aid- Forms and Importance, Government Policies8. WTO and India, India’s exchange rate policy, MNCs, FERA and FEMA9. Reserve Bank and Monetary Policies- Functions and Monetary policy
WEEK 4
10. Commercial Banking in India11. Indian Money market, Price Trends and Inflation12. Capital market and Institutional Financing
WEEK 5
13. Industrial Relation in India, Magnitude and causes of Industrial Disputes14. Industrial Relations: Policies of the Government15. Social Security in India and legislations16. Review of the Social Security measures through out the planning period
WEEK 6
17. Role of Agriculture in Indian Economy18. Agricultural production in the Planning period and determinants of growth19. Agricultural Productivity and causes of low productivity
WEEK 7
20. Agrarian Structure : Land Reforms and its evaluation21. Farm Mechanisation Technology and Green revolution22. Agricultural Finance and marketing- Rural Credit
WEEK 8
23. Agricultural price policy- Trends and evaluation24. Public Distribution System in India and its evaluation – Problem of food security25. Farm Input- seeds, fertilisers’ pesticides, Irrigation and Agricultural subsidies
WEEK 9
26. Role of Industrialization in economic Development in India27. Industrial Growth in India- Performance and Problems28. Industrial policies in India – Appraisal of New Industrial policy
WEEK 10
29. Public Sector in India- Role , Performance, Problems and policies30. Privatisation of Public Sector- Disinvestment programme31. Issues related to Private Sector
WEEK 11
32. Small scale and Cottage industries- Role , performance and problems33. Industrial Sickness in India- Causes , Magnitude and remedies34. Diversification of Indian Industries35. Foreign Investment Inflows- A critical Appraisal
WEEK 12
36. Role ,Growth and contribution of service sector in India37. Role of Service sector in employment Generation38. Performance and Growth of some major services in Indian Economy39. India’s IT and ITES industry, Development of Information and Communication Technology in India- Foreign trade in Service sector
WEEK 13
40. Sustainability of Service led Growth in India41. Impact of Covid-19 pandemic on Indian service sector and growing importance of E–Governance and Digital development in India42. Problem of inflation in India in post-pandemic period
WEEK 14
43. Role of RBI in controlling current inflation in India44. Economic Impact of devaluation of Rupee in India in post-pandemic period45: Agricultural sector and employment generation in India in recent years46. Appraisal of New Agricultural Policy in India
WEEK 15
47. Impact of Covid pandemic on Indian agricultural sector48. Industrial growth and employment generation in India-in recent years49. Impact of Covid pandemic on industrial sector in India50. Social security of Indian workers during Covid pandemic period
1. Fiscal Policy of India, objectives and fiscal Responsibilities2. Indian Tax structure, Problems and Reforms3. Public Debt and Deficit Financing and Fiscal Imbalance
WEEK 2
4. Federal Finance in India5. India’s Foreign Trade, value, composition and Direction6. Trade policies of the Government of India & Impact of Globalisation
WEEK 3
7. Foreign capital and Aid- Forms and Importance, Government Policies8. WTO and India, India’s exchange rate policy, MNCs, FERA and FEMA9. Reserve Bank and Monetary Policies- Functions and Monetary policy
WEEK 4
10. Commercial Banking in India11. Indian Money market, Price Trends and Inflation12. Capital market and Institutional Financing
WEEK 5
13. Industrial Relation in India, Magnitude and causes of Industrial Disputes14. Industrial Relations: Policies of the Government15. Social Security in India and legislations16. Review of the Social Security measures through out the planning period
WEEK 6
17. Role of Agriculture in Indian Economy18. Agricultural production in the Planning period and determinants of growth19. Agricultural Productivity and causes of low productivity
WEEK 7
20. Agrarian Structure : Land Reforms and its evaluation21. Farm Mechanisation Technology and Green revolution22. Agricultural Finance and marketing- Rural Credit
WEEK 8
23. Agricultural price policy- Trends and evaluation24. Public Distribution System in India and its evaluation – Problem of food security25. Farm Input- seeds, fertilisers’ pesticides, Irrigation and Agricultural subsidies
WEEK 9
26. Role of Industrialization in economic Development in India27. Industrial Growth in India- Performance and Problems28. Industrial policies in India – Appraisal of New Industrial policy
WEEK 10
29. Public Sector in India- Role , Performance, Problems and policies30. Privatisation of Public Sector- Disinvestment programme31. Issues related to Private Sector
WEEK 11
32. Small scale and Cottage industries- Role , performance and problems33. Industrial Sickness in India- Causes , Magnitude and remedies34. Diversification of Indian Industries35. Foreign Investment Inflows- A critical Appraisal
WEEK 12
36. Role ,Growth and contribution of service sector in India37. Role of Service sector in employment Generation38. Performance and Growth of some major services in Indian Economy39. India’s IT and ITES industry, Development of Information and Communication Technology in India- Foreign trade in Service sector
WEEK 13
40. Sustainability of Service led Growth in India41. Impact of Covid-19 pandemic on Indian service sector and growing importance of E–Governance and Digital development in India42. Problem of inflation in India in post-pandemic period
WEEK 14
43. Role of RBI in controlling current inflation in India44. Economic Impact of devaluation of Rupee in India in post-pandemic period45: Agricultural sector and employment generation in India in recent years46. Appraisal of New Agricultural Policy in India
WEEK 15
47. Impact of Covid pandemic on Indian agricultural sector48. Industrial growth and employment generation in India-in recent years49. Impact of Covid pandemic on industrial sector in India50. Social security of Indian workers during Covid pandemic period
Taught by
DR. MAHANANDA KANJILAL