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SYLLABUS
Indian Economy
Objectives:
To enhance students understanding about the nature and pattern of Indian Economy.
To hone students skills to create an understanding about the interplay of various sectors of Indian economy in context of
globalization and liberalization..
Sr. No. Topics
1. Nature of Indian Economy: Basic characteristic and major issues of development.
2. National Income of India: National Income estimates in India, Growth, Structure and Limitation of
National Income estimation in India
3. Planning and Economic Development in the era of globalization
4. Capital Formation: Meaning and Concept, Trend of Saving and Capital Formation, Mobilisation of
Domestic Savings, Relation between Saving Rate, Growth Rate and ICOR.
5. Unemployment in India: Nature, Estimates, Various Schemes to reduce Unemployment.
6. Agriculture in the National Economy: Role of Agriculture in the National Economy, Green
Revolution, New thirst Areas in Agriculture, Crop Pattern in India since 1961.
7. Indian Industries: Role and Pattern of Industrialization, Role of Small Scale Industries, Small Scale
Industrial Policy, Policy Perspective to help Small and Tiny Enterprises.
8. Foreign Trade of India: Importance, Composition and Direction, India’s Balance of Payment on
Current account and Export-Import Policy.
9. Indian Currency System: Introduction, Sources, Reserve Money, Money Multiplier, India’s Foreign
Exchange Reserve, Convertibility of Rupee- Current and Capital Account.
10. GATT, WTO and Indian Economy.