Economic Environment in India

Paper Code: 
FSG 323
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

The course will enable students to -

  1. Give insight about the features and structure of the Indian Economy.
  2.  Develop an understanding about the aspects industrial and agriculture growth in India
  3.  Acquaint the students about the trends and issues of Indian economy

Course Outcomes (Cos):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSG  323

Economic Environment in India

(Theory)

The students will be able to –

CO58.   Acquire knowledge about India’s Position in the World Economy through various perspectives.

CO59.   Absorb the knowledge about the Industrial sector of India. 

CO60.  Understand the global linkage of India with thorough understanding of census.

CO61. Comprehend the Agricultural pricing and advancement.

CO62.   Acquire knowledge about the working of Indian Government and its funding.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching

 

Learning activities for the students:

Field activities, Presentation, Giving tasks

Class test, Semester end examinations, Quiz, Solving Numerical problems in tutorials, Assignments, Class Presentation

 

18.00

India as a Developing economy- Meaning, features, Major issues of development.
Human development in India – concept, National human development report, Progress of human development in India.

18.00
Unit II: 
Industrial Policy and Public Enterprises

Industrial Policy:- Introduction, Recent Industrial Policy, Industrial Licensing in India. Industrialization and economic growth of India
Public Enterprises- Meaning, Growth performance and Privatization of Public Enterprise

18.00
Unit III: 
Liberalization, Globalization , Privatization-

Liberalization, Globalization , Privatization- Meaning, Objectives, Positive & Negative impacts
Population: Population explosion in India, Main Features of census 2011, Recent Population policy

18.00
Unit IV: 
Indian Agriculture-

Indian Agriculture- Features & Significance of Indian Agriculture, Modernisation of Agriculture. Agriculture Price Policy – Role of CACP, Agriculture Finance.

18.00
Unit V: 
Federal Finance and Fiscal Policy

Federal Finance: Meaning of federal finance, Center-State financial relations in India.
Finance Commission-Recommendations of recent Finance Commission
Fiscal Policy – Meaning, Features and Instruments of Fiscal Policy

Essential Readings: 

1. Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur
2. Sundaram&Dutt, “Indian Economy” ,S Chand & Sons, New Delhi

References: 

1. Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
2. A N Agarwal , “Indian Economy”, New India International Ltd, Chennai
3. Ishwar C. Dhingra- The Indian economy, Sultan Chand and sons

Academic Year: 
2020-2021
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