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Indian Economy - Syllabus

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COMMERCE HONS.

/RESEARCH FYUGP RANCHI UNIVERSITY

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MINOR COURSE-1B (SEM-III)
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I. MINOR COURSE- MN 1B:
INDIAN ECONOMY
Marks: 25 (5 Attd. + 20 SIE: 1Hr) + 75 (ESE: 3Hrs) = 100 Pass Marks: Th (SIE + ESE) = 40

(Credits: Theory-04) Theory: 60 Lectures


Course Objective:
On completion of the course students will be able to develop ideas of the nature and features and also understand
the trends and growth of Indian economy. They will understand the problems of poverty and unemployment. Course also
covers topic on human development, agricultural and industrial problems, remedies and also foreign trade of the economy.

Course Outcome:
At the end of the course students will aware about recent economic affairs. Students will get benefit about various
economic issues at national and global level.

Course Content:
Unit 1: Indian Economy and Its Problems
Nature of the Indian Economy – India as a Developing Economy.
Trends and growth of Indian Economy.
Poverty – Causes; Anti-Poverty Schemes – NRLM; Pradhan Mantri Awas Yojna; IRDP; Food forWork
Program.
Unemployment – Causes; Government Initiatives – MGNREGA; Skill India Mission; Make in India
Program; Start Up India Scheme; Pradhan Mantri Kaushal Vikas Yojna.

Unit 2: Planning and Development


Economic Planning in India – Historical background up to NITI Aayog.
Objectives of Indian Planning.
New Economic Policy (1991) – Objectives; Features; Impact on different sectors.
Recent initiatives for development – National Social Assistance Program (NSAP); Pradhan
Mantri Gram Sadak Yojna (PMGSY); Antyodya Anna Yojna (AAY); NRHM.

Unit 3: Agriculture
Agriculture – Issues; Challenges.
Trend in Agriculture Production and Productivity.
New Agriculture Policy.
Problem of Food Security; National Food Security Act.

Unit 4: Industrial Sector


Industry – Issues and Challenges.
Trends in Industrial production.
Problems of Industrial development in India.
Performance of the Public Sector.

Suggested Readings:
1. Puri V.K and Mishra S.K, Indian Economy, (English and Hindi) (January 2022), Himalaya
2. Publishing House.
3. Dutt, Gaurav and Sundaram, Indian Economy, (English and Hindi) (Latest edition), S Chand & Co Ltd.
4. Kapila, Uma, Indian Economy: Performance and Policies, (22nd edition 2021), Academic Foundation Publications.
5. Jalan Bimal, India's Economic Policy (2000), Penguin India Publication.
6. Sinha V.C, Indian Economy Performance and Policies (2019), SBPD Publications
7. Verma Sanjeev, The Indian Economy (2020), Unique Publishers.
8. Mishra J.P, Bharat ki Arthik Nitiyan (2019), Sahitya Bhavan Publications.
9. Singh, Ramesh, Bharitiya Arthavyavastha (14th edition), Mc Graw Hills.
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Upgraded & Implemented from 3rd Sem. of Session 2022-26 & 1st Sem. of Session 2023-27 Onwards

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