Introduction:
This course provides a detailed, sector-wise analysis of the Indian economy, focusing on the Agricultural, Industrial, and Service sectors, alongside Economic Planning and Public Finance.
It examines the Primary Sector’s trends, causes of low farm productivity, and the impact of various revolutions and Price Policy.
The course then analyzes the Industrial Sector, including the role and problems of MSMEs and the impact of the 1991 Liberalization Policy. Attention shifts to the Tertiary Sector’s growth, employment generation (IT, BPO), and the role of Trade and Tourism. Finally, the course covers macro issues: the transition from the Planning Commission to NITI Aayog, Foreign Trade trends, and the principles of Public Finance, including the Budget and various types of Deficits.
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