Syllabus

Course Code: M-ECOC -013    Course Name: Indian Economic Policy-II

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1

Indian Agriculture

Agriculture: Productivity trends and crop pattern; Food security in India; Irrigation and agricultural inputs; Size of farms and productive efficiency; Agricultural Labour Problems; Agricultural Finance and Rural Indebtedness; Agricultural marketing and prices; Issues and policies regarding sustainable agriculture in India; Agriculture Policy Vision 2020.

Reading List

·        Kapila, Uma (2016). Indian Economy: performance and policies. Academic foundation, New Delhi.

·        Ministry of Finance (2020). Economic Survey. Government of India.

·        Mishra, S. K. & Puri, V.K. (2020). Indian Economy. Himalaya Publishing House, New Delhi.

·        Shergill, H.S. (2006). Diversification of cropping pattern: A Re-Examination. Institute for Development and Communication, Chandigarh.

2

Industrial Sector in India  

New Industrial policy; Industrial pattern and the planning era; Public sector enterprises- Role and  performance; Small-scale industries under globalization;  India’s labour Market: laws and reforms; Industrial Finance and Development Banks;  Competition Law.

Reading List

·        Biswas, P.K. & Das, P. (Eds.). (2019). Indian Economy: Reforms and Development. Springer.

·        Datt, G. & Mahajan, A. (2020). Datt & Sundharam’s Indian Economy. S. Chand Publishing House.

·        Kapila, Uma (2014-2015). Indian Economy since independence. Academic Foundation, New Delhi.

·        Meier, Gerald M. (1987). Pioners in Development. Oxford University Press, New Delhi.

·        Ministry of Finance (2020). Economic Survey. Government of India.

·        Mishra, S. K. & Puri, V.K. (2020). Indian Economy. Himalaya Publishing House, New Delhi.

3

Indian Financial System

Structure of Indian Financial System;  Commercial banking in India; Indian Money and capital markets; Issues in Indian public finance; Monetary policy;  Non-Banking Financial Sector; Financial Instruments and Financial Services; Cooperative Banks; Financial Sector Reforms; Demonetization.

Reading List

·        Banerjee, A. & Singh, S.K. (2001). Banking and Financial Sector Reforms in India. Deep & Deep Publications, New Delhi.

·        Desai, Vasant (2005). Indian Financial System and Financial Market Operations. Himalaya Publishing House, New Delhi.

·        Dhar, P.K. (2020). Indian Economy: Its Growing Dimensions. Kalyani Publishers, New Delhi.

4

Issues in External Sector

India’s External Sector Reforms; Foreign Direct and Portfolio investments in India; India and the WTO;  Exchange Rate Policy of India; Trends in India’s Foreign Trade;   Balance of Payments - Problems and Policies; Liberalization, Privatization, Globalization and Indian’s trade & investment.

Reading List

·        Bhagwati, Jagdish (2004). In Defense of Globalization. Oxford University Press, New Delhi.

·        Bhandari, Surendra (1998). WTO and Developing Countries. Deep & Deep Publications, New Delhi.

·        Datt, G. & Mahajan, A. (2020). Datt & Sundharam’s Indian Economy. S. Chand Publishing House.

·        Hanumantha Rao, C.H., Bhattacharya, B.B. and Siddharthan, N. (Eds.). (2005). Indian Economy and Society in Era of Globalization and Liberalization. Academic Foundation, New Delhi.

·        Mathur, Vibha (2005). WTO and India (Development Agenda for the 21st century). New Century Publications, New Delhi

·        Rameshan P. (2008). WTO, India and Emerging area of Trade: Challenges and Strategies. Excel Books, New Delhi.

·        Stiglitz, Joseph (2002). Globalization and its Discontents. Penguin Books, New Delhi.

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