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–

CO73.Evaluate the issues related to development of Indian Economy

CO74.Appraise the progress of Human Development in India

CO75.Examine the Industrial policy and role of industrialization in Economic Growth.

CO76.Analyze the problems of population problem in India, solutions thereof in the light of recent population policy.

CO77.Examine the status of Indian Agricultural and agriculture pricing policy.

CO78.Assess the role of fiscal policy, federal finance and finance commission.

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

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

 

Liberalization, Globalization , Privatization- Meaning, Objectives, Positive & Negative impacts

Population: Population explosion in India, Main Features of census 2011, Recent Population policy

 

18.00

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

 

18.00

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: 
  • Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur
  • Sundaram&Dutt, “Indian Economy” ,S Chand & Sons, New Delhi
  • Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
  • A N Agarwal , “Indian Economy”, New India International Ltd, Chennai
  • Ishwar C. Dhingra- The Indian economy, Sultan Chand and sons

 

Academic Year: