NDSS Academy

Indian Economic Policy (B.A Economics)

Planning in India, NITI Aayog, agricultural, industrial, fiscal and monetary policy and economic reforms.

6 MonthsDuration 6Chapters31Topics
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Syllabus · पाठ्यक्रम

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01Unit 1: Economic Planning in India 5 topics
  1. Meaning and objectives of planning
  2. Review of Five Year Plans
  3. Achievements and failures of planning
  4. End of the Planning Commission
  5. NITI Aayog and cooperative federalism
02Unit 2: Agricultural Policy 6 topics
  1. Land reforms
  2. Green Revolution and its effects
  3. Agricultural price policy and MSP (CACP)
  4. Agricultural credit and NABARD
  5. Food security: PDS and NFSA 2013
  6. Recent schemes: PM-KISAN, crop insurance
03Unit 3: Industrial Policy 5 topics
  1. Industrial Policy Resolutions of 1948 and 1956
  2. New Industrial Policy 1991
  3. Public sector and disinvestment
  4. MSMEs
  5. Make in India and production-linked incentives
04Unit 4: Fiscal Policy 5 topics
  1. Objectives and instruments of fiscal policy
  2. Union budget
  3. FRBM Act 2003
  4. Goods and Services Tax
  5. Finance Commission and centre-state finance
05Unit 5: Monetary Policy 5 topics
  1. Objectives of monetary policy
  2. Instruments of monetary policy
  3. Monetary Policy Committee
  4. Flexible inflation targeting
  5. Monetary transmission
06Unit 6: Economic Reforms 5 topics
  1. Background: 1991 crisis
  2. Liberalisation, privatisation and globalisation
  3. Foreign direct investment policy
  4. Reforms in trade, banking and tax
  5. Impact of reforms on growth, employment and poverty

About

You will be able to

  • Review the objectives and achievements of planning in India and the role of NITI Aayog
  • Explain land reforms, the Green Revolution, MSP, agricultural credit and food security policy
  • Compare the Industrial Policy Resolutions of 1948 and 1956 with the New Industrial Policy of 1991
  • Explain the objectives and instruments of fiscal policy, the FRBM Act and GST
  • Explain the RBI's monetary policy framework and inflation targeting
  • Evaluate the economic reforms of 1991 (liberalisation, privatisation, globalisation)

Who it is for

  • B.A Semester 6 students with Economics as a major subject (UP State Universities, NEP 2020)
  • Aspirants of UPSC, UPPSC, banking and SSC exams

What you need

  • Money, Banking and Public Finance and Indian Economy papers of earlier semesters

Questions

Which syllabus does this course follow?

It follows the UP State Universities NEP 2020 common minimum syllabus (MGKVP, VBSPU, Lucknow University and others) for B.A Economics, Semester 6. Where your own university's syllabus differs, the centre follows your university syllabus.

How will I be tested?

Unit-wise MCQ tests, short and long answer practice in university exam pattern, and a final mock paper.

Are recent government schemes included?

Yes, they are covered as examples under each policy, and updated in class each session.

Download the syllabus (PDF)

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