National Institute of Technology Rourkela

राष्ट्रीय प्रौद्योगिकी संस्थान राउरकेला

ଜାତୀୟ ପ୍ରଯୁକ୍ତି ପ୍ରତିଷ୍ଠାନ ରାଉରକେଲା

An Institute of National Importance

Syllabus

Course Details

Subject {L-T-P / C} : HS5423 : Contemporary Policy Issues in Development { 3-0-0 / 3}

Subject Nature : Theory

Coordinator : Prof. Jalandhar Pradhan

Syllabus

Modules:
Unit 1: Structure of Indian Economy
Indian Economy in the Pre-British Period Trend and Pattern of Economic Development after Independence: National Income, Human Resources and Development, Occupational Structure, Natural Resources and Environmental Quality, Infrastructure
Unit 2: Planning and Economic Development
Economic Planning – Types of Planning, Market Mechanism and State Intervention, Goal and Strategies of Indian Planning Public Sector and Disinvestment Policy Planning Experience in India
Unit 3: Primary Sector and Development
Indian Agriculture since Independence Food Security in India Irrigation and other agricultural inputs Land reforms Size of farm and productive efficiencies Rural Credit and Agricultural Marketing Indian Agricultural Policies
Unit 4: Secondary Sector and Development
Industrial Pattern Large – Medium - Small – Micro Enterprises Unorganized Sector and Informalization of Indian Economy Indian Industrial Policies
Unit 5: Tertiary Sector and Development
Foreign Trade of India India’s Balance of Payments Special Economic Zone (SEZ) GATT, WTO and India’s Foreign Trade Indian Currency and Financial System Indian Trade Policies

Course Objectives

  • • To study the major challenges and opportunities in the major sectors of the Indian Economy like Agriculture, Industry and foreign sectors.

Course Outcomes

On successful completion of the course, students will be able to: <br />• Learn the basic features of Indian economy and also understand the practices and policies related to Indian economic Development.

Essential Reading

  • Misra, S.K. and V.K. Puri, Indian Economy — Its Development Experience, Himalaya Publishing House, Mumbai. , (71st Revised Edition, 2015)
  • Bhahmananda, P.R. and V.R. Panchmukhi, The Development Process of the Indian Economy, Himalaya Publishing House, Bombay

Supplementary Reading

  • Kapila, U.,, Indian Economy since Independence, Academic Foundation, New Delhi. 2014.
  • Datt, R. and K.P.M. Sundharam ,, Indian Economy, S. Chand & Co Ltd., New Delhi. 2015