Economic Environment in India

Paper Code: 
24FSG323
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to provide insights into the features, growth aspects, trends, and issues of the Indian economy.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24 FSG  323

Economic Environment in India (Theory)

 

CO 73: Evaluate the issues related to development of Indian Economy and appraise the progress of Human Development in India

CO 74 : Examine the Industrial policy and role of industrialization in Economic Growth.

CO 75: Evaluate the LPG policy and  Analyse the problems and solutions of population in India with reference to the recent population policy.

CO 76 : Examine the status of Indian  Agricultural and agriculture pricing policy.

CO 77: Assess the role of fiscal policy, federal finance and finance commission.

CO 78: Contribute effectively in course-specific interaction.

Approach in teaching:

 

Interactive Lectures, Discussion, Tutorials, case studies

 

Learning activities for the students:

 

Field activities, Presentation, Debates

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

 

18.00
Unit I: 
India as a Developing economy

• 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, and Population Dynamics

• 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
3. T R Jain ,Mukesh Trehan , Ranju Trehan , Sangita Sharma ,Indian Economy, VK Global Publications Private Limited
4. Dr. D.M Mithani, Money,Banking,International Trade And Public Finance 2018,Himalaya Publishing House

References: 

1. Ishwar C. Dhingra, The Indian economy, Sultan Chand and sons
2. Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
3. A N Agarwal , “Indian Economy”, New India International Ltd, Chennai.
E-Resources
1. Pearson Think Tank Solutions (113 titles) and access to many more ebooks- http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action Sage Publications
2. https://etext.sagepub.in/etext
3. Pearson Education (29 titles) Elibrary.in.pearson.com
4. https://www.nabard.org/
5. https://fincomindia.nic.in/
6. https://agricoop.nic.in/en/divisions
7. FIIB Business Review
8. Global Business Review http:// sagepub.com
9. Online International Interdisciplinary Research Journal, http://www.oiirj.org
10. PRAGATI: Journal of Indian Economy, ttps://www.journalpressindia.com/pragati-journal-of- indian-economy

Academic Year: 
2024-2025
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