Economics-Indian Economic Development

Part B: Indian Economic Development

Exam Structure

Part B Part B: Indian Economic Development
4. Development Experience (1947-90) and 13
Economic Reforms since 1991 12
5. Current Challenges facing Indian Economy 15
6. Development Experience of India – A Comparison with Neighbours (OTBA) 10
Part C Project Work 10

Part B: Indian Economic Development

Unit 4: Development Experience (1947-90) and Economic Reforms since 1991

  • A brief introduction of the state of Indian economy on the eve of independence. Common goals of Five Year Plans.
  • Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy, etc.), industry (industrial licensing, etc.) and foreign trade.
  • Economic Reforms since 1991:
  • Need and main features – liberalisation, globalisation and privatisation; An appraisal of LPG policies

Unit 5: Current challenges facing Indian Economy

  • Poverty – absolute and relative; Main programmes for poverty alleviation: A critical assessment;
  • Rural development: Key issues – credit and marketing – role of cooperatives; agricultural diversification; alternative farming – organic farming
  • Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India
  • Employment: Formal and informal, growth and other issues: Problems and policies.
  • Inflation: Problems and Policies
  • Infrastructure: Meaning and Types: Case Studies: Energy and Health: Problems and Policies- A critical assessment;
  • Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming.

Unit 6: Development Experience of India

  • A comparison with neighbours
    • India and Pakistan
    • India and China
  • Issues: growth, population, sectoral development and other developmental indicators.
1
Class X1 – IED – Chapter 1 : Indian Economy On the Eve of Independence
2
Class X1 – IED – Chapter 2 : Indian Economy 1950-1990
3
Class X1 – IED – Chapter 3 : Liberalisationn, Privatisation, and Globalisation : An Appraisal
4
Class X1 – IED – Chapter 4 : Poverty
5
Class X1 – IED – Chapter 5 : Human Capital Formation in India
6
Class X1 – IED – Chapter 6 : Rural Development
7
Class X1 – IED – Chapter 7 : Employment: Growth, Informalisation and Other issues
8
Class X1 – IED – Chapter 8 : Infrastructure
9
Class X1 – IED – Chapter 9 : Environment and Sustainable Development
10
Class X1 – IED – Chapter 10 : Comparative Development Experience of India and Its Neighbours
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Lectures: 10