Indian Economy
Author(s): Dr. T. Aryamala
Subject(s): Commerce
ISBN 9789393161291
 Published Date
  Pages 1024

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Description

This comprehensive text on Indian Economy is designed to address the syllabi requirements of all major universities. Written in a lucid language and style, the book is reader-friendly and of tremendous importance to students, academicians and researchers alike.

FEATURES:

 Up-to-date coverage of Five Year Plans

 Detailed coverage of Agriculture in India, Crop pattern and Land Reforms.

 Fundamental topics including unemployment, national income, Poverty, Population and so on.

 Extensive coverage of Industrial Policy, Industrial Development, Large and Small Scale Industries.

 Includes Green Revolution, Land Reforms, Transportation and Foreign Trade.

 Coverage of IT industry, Industrial finance and policy, International Financial Institutions.

 Covers New Economic Reforms since 1991 including globalization, liberalization, privatization and disinvestment.

 Pedagogical features include

 End-of-chapter Review Questions

 Appropriate tables, figures and diagrammatic representation

Cover
Halftitle Page
Title Page
Copyright Page
Dedication
Contents
Preface
Abbreviations
CHAPTER 1 INDIAN ECONOMY SINCE INDEPENDENCE
1.1 Introduction
1.2 Indian Economy in the Pre-British Period
1.3 Indian Economy during the British Period
1.4 Indian Economy after Independence
Review Questions
CHAPTER 2 ECONOMIC DEVELOPMENT
2.1 Introduction
2.2 Meaning and Definition of Underdevelopment
2.3 Basic Characteristics of an Underdeveloped Economy
2.4 Indicators/Determinants of Economic Development
2.5 Obstacles to Economic Developments
2.6 Economic Development and Growth
Review Questions
CHAPTER 3 NATURAL RESOURCES
3.1 Introduction
3.2 Resources and Economic Development
3.3 Land Resources
3.4 Forest Resources
3.5 Water Resources
3.6 Mineral Resources
3.7 Fishery Resources
Review Questions
CHAPTER 4 HUMAN DEVELOPMENT
4.1 Introduction
4.2 Human Capital
4.3 Human Development
4.4 HDI for Various States in India
4.5 Indicators of Human Development
Review Questions
CHAPTER 5 INFRASTRUCTURE
5.1 Introduction
5.2 Meaning of Infrastructure
5.3 Infrastructure and Economic Development
5.4 Communication
5.5 Energy
5.6 Power
5.7 Transport System in India
5.8 Railway Transport in India
5.9 Roadways Transport in India
5.10 Waterways Transport in India
5.11 Airways Transport in India
5.12 Pipeline Transport in India
5.13 Education
5.14 Health
Review Questions
CHAPTER 6 POVERTY AND INEQUALITY
6.1 Introduction
6.2 Absolute and Relative Poverty
6.3 Studies of Poverty in India
6.4 Poverty Line
6.5 Nature and Causes of Poverty
6.6 Need for Removal of Poverty
6.7 Measures to Reduce Poverty
6.8 Poverty Eradication Programme – A Review
6.9 Inequality of Income
6.10 Causes of Inequalities of Income
6.11 Evils or Consequences of Inequalities of Income
6.12 Methods of Reducing Inequalities of Income
Marxist Method
Fiscal Method
6.13 International Comparisons of Poverty and Inequality of Incomes
Review Questions
CHAPTER 7 NATIONAL INCOME
7.1 Introduction
7.2 Meaning
7.3 Definition
7.4 Other views
7.5 National Product, National Income and National Expenditure
7.6 Concepts of National Income
7.7 Circular Flow of Income
7.8 Measurement of National Income [Computation]
7.9 Significance of National Income Data
7.10 Difficulties in the Measurement of National Income
7.11 Causes for the Slow Growth of National Income in India
7.12 Recommendation to Increase the National Income of India
7.13 Estimates of National Income
7.14 Trends in NI – Growth & Structure
7.15 Regional Development Disparities
Review Questions
CHAPTER 8 POPULATION
8.1 Introduction
8.2 Population in India
8.3 Causes of the Rapid Growth of Population
8.4 Consequences of Population Growth
8.5 Remedial Measures for Population Explosion
8.6 Theories of Population
8.7 Population Policy in India
8.8 Family Planning Programme
Review Questions
CHAPTER 9 UNEMPLOYMENT
9.1 Introduction
9.2 Meaning and Definition
9.3 Nature of Unemployment in India
9.4 Extent and Magnitude of Unemployment in India
9.5 Causes of Unemployment
9.6 Types of Unemployment
9.7 Remedial Measures for Unemployment
9.8 Employment Generation Programmes and Policies
9.9 Committees on Unemployment
9.10 Employment Policy during Plan Period
Review Questions
CHAPTER 10 LABOUR AND LABOUR LEGISLATION
10.1 Introduction
10.2 Labour Efficiency
10.3 Causes for Labour Inefficiency
10.4 Remedial Measures for Labour Inefficiency
10.5 Industrial Labour – Features
10.6 Industrial Relations
10.7 Industrial Disputes
10.8 Labour Legislation
10.9 Labour Welfare & Social Security Measures
10.10 Computerisation and Labour
Review Questions
CHAPTER 11 TRADE UNION IN INDIA
11.1 Introduction
11.2 History and Growth of Trade Union Movement in India
11.3 Role and Functions of Trade Unions
11.4 Weakness of Trade Unions
11.5 Measures/Suggestions to Strengthen the Trade Union Movement
11.6 Trade Union and Collective Bargaining
Review Questions
CHAPTER 12 PLANNING IN INDIA
12.1 Introduction
12.2 Meaning and Definition of Planning
12.3 Nature and Scope of Planning
12.4 Features/Characteristics of Planning
12.5 Objectives of Planning in India
12.6 Types/Forms of Planning
12.7 Planning Commission in India
12.8 Decentralized Planning
Review Questions
CHAPTER 13 FIFTY YEARS OF PLANNING IN INDIA – PLAN I TO VIII
13.1 Introduction
13.2 First Five Year Plan – [1951-52 to 1955-56]
13.3 Second Five Year Plan [1956 – 57 to 1960 – 61]
13.4 Third Five Year Plan [1961-62 to 1965 – 66]
13.5 Annual Plans [1966-67 to 1968-69]
13.6 Fourth Five Year Plan [1969-1970 to 1973-74]
13.7 Fifth Five Year Plan [1974-75 to 1977-78]
13.8 Sixth Five Year Plan [1978-83] & [1980-85]
13.9 Seventh Five Year Plan [1985 – 86 to 1989 – 90]
13.10 Annual Plans [1990 – 92]
13.11 Eighth Five Year Plan [1992 – 93 to 1996-97
Review Questions
CHAPTER 14 FIVE YEAR PLANS OF INDIA – PLAN IX TO XII
14.1 Introduction
14.2 Ninth Five Year Plan [1997–1998 to 2001–2002]
14.3 Tenth Five Year Plan [2002 – 03 to 2006 – 2007]
14.4 Eleventh Five Year Plan [2007 – 08 to 2011 – 2012]
14.5 Twelfth Five Year Plan [2012 – 13 to 2016 – 17]
14.6 Planning in India during Last Fifty Years – An Assessment
Review Questions
CHAPTER 15 AGRICULTURE IN INDIA
15.1 Introduction
15.2 Role of Agriculture in Economic Development
15.3 Features of Indian Agriculture
15.4 Agricultural Sector and Its Problems
15.5 Factors Responsible for Slow Growth Rate in Agriculture
15.6 Agriculture under Plan Period and Its Growth
15.7 Growth of Agriculture during Plan Periods
15.8 Interdependence between Agriculture and Industry
15.9 Contribution of Agriculture to Economic Development
15.10 Agricultural Policy of India
15.11 National Agricultural Policy – 2000 (NAP-2000)
Review Questions
CHAPTER 16 CROP PATTERN
16.1 Introduction
16.2 Important Crops in India
16.3 Crop Pattern
16.4 Objectives of Cropping System
16.5 Features of the Cropping Pattern
16.6 Factors Determining Cropping Pattern
16.7 Changes in Cropping Pattern in India
Review Questions
CHAPTER 17 LAND REFORMS
17.1 Introduction
17.2 Land Reforms – Meaning, Objectives and Needs
17.3 Land Tenure System
17.4 Land Reform Measures
17.5 An Appraisal of Land Reforms in India
Review Questions
CHAPTER 18 GREEN REVOLUTION AND MECHANISATION
18.1 Introduction
18.2 New Agricultural Strategy
18.3 Green Revolution
18.4 Second Phase of Green Revolution
18.5 Intensive Agricultural District Programmes [IADP]
18.6 High Yielding Variety Programme (HYVP)
18.7 Mechanisation of Agriculture
18.8 Arguments for and against Mechanisation
18.9 Mechanisation and Indian Agriculture
Review Questions
CHAPTER 19 AGRICULTURE – PROBLEMS AND PRODUCTIVITY
19.1 Introduction
19.2 General Problems of Agriculture in India
19.3 Agricultural Holdings
19.4 Sub-division and Fragmentation of Holdings in India
19.5 Productivity in Agriculture
Review Questions
CHAPTER 20 AGRICULTURAL INPUTS
20.1 Introduction
20.2 Irrigation
20.3 Seeds
20.4 Fertilizers and Manures
20.5 Pesticides and Plant Protection
20.6 Machinery/Mechanisation and Power
20.7 Livestock and Animal Husbandry [Cattle Feed and Fodder]
20.8 Rural Electrification
20.9 Soil Conservation and Dry Farming
20.10 Land Reclamation and Development
Review Questions
CHAPTER 21 AGRICULTURAL PRICE POLICY
21.1 Introduction
21.2 Need and Objectives of Agricultural Price Policy [APP]
21.3 Price-Policy: Role and Functions
21.4 Features and Effects of Agricultural Price Policy in India
21.5 Instruments of Price Policy
21.6 Suggestions for Improvement in Agricultural Prices
21.7 Commission for Agricultural Cost and Prices [CACP]
21.8 Agricultural Price Policy [APP] in India
21.9 Buffer Stocks
Review Questions
CHAPTER 22 FOOD PROBLEM – SECURITY AND POLICY
22.1 Introduction
22.2 Food Problem: Nature and Causes
22.3 Remedial Measures for Food Problem
22.4 Government’s Policy for Food Problem
22.5 Food Security in India – Meaning & Definition
22.6 Foodgrains Security, Food Security and Food Self-Sufficiency
22.7 Government’s Programme for Food Security
22.8 Distribution of Foodgrains – PDS & TPDS
22.9 Food Corporation of India [FCI]
22.10 Food Policy in India
Review Questions
CHAPTER 23 AGRICULTURAL MARKETING AND WAREHOUSING
23.1 Introduction
23.2 Meaning, Definition & Objectives of Agricultural Marketing
23.3 Features of Markets for Agricultural Commodities
23.4 Agricultural Marketing System/Methods in India
23.5 Defects/Problems of Agricultural Marketing
23.6 The Regulated Markets
23.7 Cooperative Marketing in India
23.8 Warehousing in India
Review Questions
CHAPTER 24 AGRICULTURAL FINANCE
24.1 Introduction
24.2 Agricultural Credit – Needs and Features
24.3 Sources of Agricultural Finance / Credit and Its Role
24.4 Rural Indebtedness
24.5 A Profile of Institutional Agencies in Agricultural Finance
Review Questions
CHAPTER 25 INDUSTRIAL DEVELOPMENT IN INDIA
25.1 Introduction
25.2 Industry and Economic Development
25.3 Pattern of Industrial Development
25.4 Problems of Industrial Development
25.5 Suggestions for Rapid Industrial Growth
25.6 Industrial Development under the Plan Period
Review Questions
CHAPTER 26 PUBLIC SECTOR AND PRIVATE SECTOR
26.1 Introduction
26.2 Industry
26.3 Public Sector / Public Enterprises
26.4 Private Sector
26.5 Differences between Public and Private Companies
Review Questions
CHAPTER 27 LARGE-SCALE INDUSTRIES AND MODERNIZATION
27.1 Introduction
27.2 Importance of LSI
27.3 A Brief Description of LSI
Review Questions
CHAPTER 28 SMALL-SCALE INDUSTRIES
28.1 Introduction
28.2 Definition and Meaning of Small-Scale & Cottage Industries
28.3 Differences between Cottage and SSI
28.4 Importance and the Role of SSI & Cottage Industry in Indian Economy
28.5 Weakness or the Problems of SSI in India
28.6 Encouragement to SSI
28.7 Cottage & SSI in the Plan Period
Review Questions
CHAPTER 29 INDUSTRIAL SICKNESS
29.1 Introduction
29.2 Meaning & Definition of Sickness
29.3 Symptoms & Actual Sickness
29.4 Causes of Industrial Sickness
29.5 Measures to Prevent Sickness
29.6 Magnitude of Industrial Sickness
29.7 Impact on Economy
29.8 Rehabilitation of Sick Units
29.9 Government Policies
Review Questions
CHAPTER 30 INFORMATION TECHNOLOGY INDUSTRY
30.1 Introduction
30.2 Definitions
30.3 Emergence of Knowledge Economy
30.4 IT in India – Its Growth
30.5 Present Status and Future Prospects of IT-Industry for Economic Development
Review Questions
CHAPTER 31 INDUSTRIAL FINANCE
31.1 Introduction
31.2 Meaning & the Need
31.3 Sources of Finance
31.4 Shortcomings & Remedial Measures
31.5 All-India Level Financial Institutions
31.6 State Level Financial Institution
31.7 Investment Institutions
31.8 Specialised Financial Institutions
Review Questions
CHAPTER 32 INDUSTRIAL POLICY
32.1 Introduction
32.2 Industrial Policy
32.3 Evolution of Industrial Policy Revolution in India
32.4 Industrial Licensing Policy
Review Questions
CHAPTER 33 PUBLIC FINANCE
33.1 Introduction
33.2 Definition and Meaning of Public Finance
33.3 The Scope and Importance of Public Finance
33.4 Public Revenue
33.5 Canons/Principles of Taxation
33.6 Types/Classification of Taxes
33.7 Taxable Capacity
33.8 Public Expenditure
33.9 Fiscal Policy in India
33.10 Components of Fiscal Policy
33.11 Monetary and Fiscal Policies
33.12 Fiscal Policy in the Liberalised Era
Review Questions
CHAPTER 34 FOREIGN TRADE
34.1 Introduction
34.2 History/Evolution of India’s Foreign Trade
34.3 Role of Foreign Trade in Economic Development
34.4 Features of International Trade
34.5 Inter-Regional Trade and International Trade
34.6 Advantages of International Trade
34.7 Disadvantages of International Trade
34.8 Theories of International Trade
34.9 Components of Foreign Trade
34.10 Foreign Trade during the Plan Period
34.11 Composition of Foreign Trade
34.12 Direction of Trade
Review Questions
CHAPTER 35 BALANCE OF TRADE & BALANCE OF PAYMENTS
35.1 Introduction
35.2 Definitions
35.3 Meaning
35.4 BOP - Disequilibrium
35.5 Types of Disequilibrium
35.6 Methods of Correcting an Unfavourable Balance of Payment
35.7 Free Trade vs Protection Trade
35.8 Structure of Balance of Payment
35.9 Components of Balance of Payments
35.10 The Structure of Balance of Payments Accounts in India
35.11 EXIM – Bank
35.12 Exchange Rate
35.13 Foreign Direct Investment
35.14 EXIM Policy
Review Questions
CHAPTER 36 INTERNATIONAL FINANCIAL INSTITUTIONS
36.1 Introduction
36.2 International Bank for Reconstruction and Development [IBRD/World Bank]
36.3 International Monetary Fund [IMF]
36.4 General Agreement on Trade and Tariffs [GATT]
36.5 International Finance Corporation [IFC]
36.6 Industrial Development Association [IDA]
36.7 Asian Development Bank (ADB)
36.8 United Nations Conference on Trade and Development [UNCTAD]
36.9 United Nations Industrial Development Organisation [UNIDO]
36.10 World Trade Organisation [WTO]
Review Questions
CHAPTER 37 NEW ECONOMIC REFORMS
37.1 Introduction
37.2 Economic Reforms in India
37.3 Liberalization
37.4 Privatization
37.5 Disinvestment
37.6 Globalization
37.7 New Economic Policy/Reforms
Review Questions
Index

T. Arya Mala is Asst. Prof, Department of Commerce, Asan Memorial College of Arts and Science, Chennai. She has over 15 years of teaching experience and is currently pursuing her Ph.D. in Gender Budgeting. Her areas of specialization are Business Economics, Managerial Economics and Indian Economy.

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