SSC234:INDIAN ECONOMY

Course Outcomes: Through this course students should be able to

CO1 :: identify the main features of Indian economy

CO2 :: discuss demographic trends and issues

CO3 :: develop an understanding of economic planning in India

CO4 :: examine the role of Planning Commission and NITI Aayog

CO5 :: evaluate economic reforms in India

CO6 :: analyze major trends and challenges in Indian economy

Unit I
Introduction to Indian Economy : Economic history of India, economic development since
independence, features of Indian economy, natural resource base: land, water, forest, mineral and
metal resources
Unit II
Population and Human Development : Population growth and economic development – size,
growth and future of population, population policy, demographic trends and issues- education; health
and malnutrition, demographic dividend, human resource development – indicators and importance
Unit III
National Income in India- Past Growth and Current Challenges : National income in India-
trends and growth, sectoral composition –trend and growth, regional disparities, savings, investment
and growth linkage, current challenges
Unit IV
Economic Planning in India : Economic planning, Planning Commission and its functions, Five-Year
Plans: objectives, strategies, resource allocation, targets and achievements, NITI Aayog- composition,
functions and objectives, differences between NITI Aayog and planning commission, cooperative
federalism
Unit V
Economic Reforms : Liberalization, Privatization and Globalization- concept, implementation and
impact on Indian Economy, features of economic reforms and structural adjustment programme,
appraisal of Economic reform programs
Unit VI
Major Challenges : Poverty: definition and estimate, poverty line, poverty alleviation programs,
Inequality: income and regional inequality – causes and corrective measures, Unemployment:
concepts, measurement, types, causes and remedies, Environmental challenges: Land, water and air

Text Books:
1. INDIAN ECONOMY : PERFORMANCE AND POLICY by UMA KAPILA, ACADEMIC FOUNDATION

References:
1. INDIAN ECONOMY by RAMESH SINGH, M.G.Hills

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