This One Week Series is Written in English Language in Question Answer Series According to syllabus of Maharaja Gangasingh University.
UNIT-I Pre-British Period Indian economy in the Pre-British period- Structure and organization of villages, towns, industries and handicrafts. Economic Consequences of the British Rule-General overall impact; colonial exploitation form and consequences; case of protection of Indian industries. The theory of drain-its pros and cons. Basic features; Natural resources, Land, water and forest resources.
UNIT-II Structure of Indian Economy Broad demographic features, Population size and growth rates, sex composition, rural urban migration, occupational distribution, problem of over-population, population policy, infrastructure development. Agriculture - Nature and importance, Trends, agricultural production and productivity, factors determining productivity; Land reforms; New agricultural strategy and green revolution, Rural credit, agricultural marketing, agriculture and WTO. Poverty and inequality; Unemployment, Problem of rising prices in Indian Economy.
UNIT-III Industry Industrial development during the planning period, Industrial licensing policy MRTP ACT, FERA and FEMA; Industrial policy of 1991; Growth and problems of small scale industries, Role of public sector enterprises in India’s industrialization.
UNIT-IV Planning in India Objectives; strategy; broad achievements and failures; Current Five Year Plan objectives, allocation and targets; New economic reforms liberalization, privatization and globalization; Progress of privatization and globalization in India.
UNIT-V External Sector Role of foreign trade; Trends in exports and imports; Composition and direction of India’s foreign trade; Balance of payment crisis and the New economic reforms - Exports promotion measures and the new trade policies, Foreign capital - FDI, aid, Multinational corporations (MNCs) and their impact on Indian Economy. The relevance of SWADESHI.