ECO213:INDIAN ECONOMY

Course Outcomes: Through this course students should be able to

CO1 :: trace the ideas about basic characteristics of Indian economy, its potential on natural
resources.

CO2 :: evaluate a comprehensive understanding of the current issues influencing economic

growth of India

CO3 :: focus on the understanding of Critical concerns of Indian economy

CO4 :: develop the analytical skills among students relating with core economic debates in the
context of India

CO5 :: demonstrate the importance of planning undertaken by the government of India, have
knowledge on the various objectives, failures and achievements of the previous and ongoing
planning and economic reforms taken by the government.
CO6 :: visualize the agriculture as the foundation of economic growth and development, analyse
the progress and changing nature of agricultural sector and its contribution to the economy as a
wholeApproved

Unit I
Introduction to Indian Economy : Evolution of Indian Economy, Features of Indian Economy,
Current issues of Indian economy, Characteristics of Indian Economy, Comparative picture of Indian
economy
Introduction to cooperative federalism : Functioning and role of NITI Ayog, Vision of NITI Ayog,
Overview of the Sustainable Development Goals in India, Function of NITI Ayog, Policy brief of NITI
Ayog
Unit II
Resource profile of the economy : Human Resources, Demographic Profile, Problem of Population,
Policy and Labour Force distribution, National Income, Distribution of income and capital formation
Basic issues in economic development : Poverty in India, Inequalities in Indian economy,
Unemployment and inflation, Role of social and economic infrastructure, Social sector in India
Unit III
The Agricultural Sector : Agriculture and Economic Development, Role, Problems, Productivity, New
Agricultural Policy, New Economic Policy and Agriculture, Technological changes in agriculture
Unit IV
Agricultural Finance and Marketing : Relationship between credit and agricultural development,
Agricultural Finance in India and Micro Finance, Agricultural Marketing, Cooperative Marketing, Issues
in agricultural finance in India
Unit V
Industry and Trade : Public Enterprise and Privatization, Rationale and problems of micro, small and
medium enterprises
Large Scale Industries : Principal Large scale industries and related problems, Current issues and
concerns
Unit VI
Foreign Trade and BOP : Volume, composition and direction of foreign trade of India, Foreign
Capital and Multinational Corporations in India, Current issues like global financial crisis and its impact
on India
Banking and Finance : RBI and Monetary Regulation in India, Introduction to RBI, Evaluation of
current issues

Text Books:
1. INDIAN ECONOMY by K. P. M SUNDARAM, GAURAV DATT, ASHWANI MAHAJAN,, SULTAN
CHAND & SONS (P) LTD.
References:
1. THE INDIAN ECONOMY, ENVIRONMENT AND POLICY by DHINGRA, ISHWAR C, S. CHAND &
COMPANY
2. INDIAN ECONOMY: PERFORMANCE AND POLICIES. by UMA KAPILA, ACADEMIC
FOUNDATION

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