Chapter 1- Growth and development
- Economic Growth in India: National Income Determination, GDP, GNP, NDP, NNP, Personal Income
- Economic Growth versus Economic Development
- Measures of Economic Development: Human Development Index, Green GDP, Gross National Happiness Index
- Economic and Social Development in India: Millennium Development Goals
- Sustainable Development Goals and India
Chapter 2- Issues related to planning
- Issues related to planning in India
- Planning in India: Bombay Plan; People’s Plan; Mahalanobis Plan; Wage-Good Model; Gandhian Plan
- Mobilization of Resources
Chapter 3- Inflation
- Inflation in India: CPI, WPI, GDP Deflator, Inflation Rate
- Types of Inflation: Demand Pull, Cost-Push, Stagflation, Structural Inflation, Deflation, and Disinflation
- The Cost of Inflation
Chapter 4- Monetary policy in India
- Monetary Economics: Barter System, Definition, Function and Evolution of Money
- Monetary Policy in India: Inflation, deflation, Recessionary and Inflationary Scenarios
- Monetary Policy tools and Money Supply in India
- Monetary Policy Agreement in India
Chapter 5- Banks & Financial markets
- Banking in India: Definition, Functions, and Types of Banks
- Development Finance Institutions: IFCI, ICICI, SIDBI, IDBI, UTI, LIC, GIC
- Nationalisation of Banks
- Banking Sector Reforms in India: Narasimhan Committee 1&2, Nachiket Mor Committee, P J Nayak Committee
- Problem of Non Performing Assets in India
- Non-Banking Financial Companies in India
- Financial Inclusion in India: Need and future; PMJDY; Payment Banks and Small Banks
Chapter 6- Indian Agriculture
(a) Historical background and current status
(b) Cropping Patterns
- Cropping Patterns in India: Factors Affecting; Most Important Cropping Patterns
- Types of Cropping Systems: Mono-cropping; Crop Rotation; Sequential Cropping; Inter Cropping; Relay Cropping
(c) Issues related to direct and indirect farm subsidies and minimum support prices
- Farm Subsidies in India: Definition; Working; Need; Negative Impacts
- Types of Farm Subsidies in Indian Agriculture: Irrigation and Power Subsidies; Fertilizer Subsidy; Seed Subsidy; Credit Subsidy
- Government Intervention in Indian Agriculture
- Minimum Support Prices in Indian Agriculture: MSP definition; Working; Issues; Drawbacks; Way Ahead; Buffer Stocks
- Public Distribution System in India: Definition; Issues; Working; Need; Disadvantages
- Targeted PDS in India, Antyodaya Anna Yojana (AAY), Alternative to the PDS, Direct Benefit Transfers, National Food Security Act
(d) Agriculture Marketing
- Marketing of Agricultural Produce in India: Definition; Role; APMC Act, Model APMC Act, 2003
- Private and Co-operative Sector in Marketing of Agriculture Produce in India
(e) Technology missions and e-technology in the aid of farmers
Chapter 7- Poverty, Inequality, and Unemployment
(a) Poverty
- Poverty in India: Types of Poverty, Causes of Poverty, Vicious Circle of Poverty
- Poverty Lines in India: Estimations and Committees
- Poverty in India: Trickle Down Approach, Inclusive Growth and Multi-Dimensional Poverty Index
- Addressing Poverty in India/Poverty Eradication Schemes
(b) Inequality
- Inequality in India: Definition and Measures; Lorenz Curve, Gini Coefficient, Income held by Top 10%
- Income Inequality in India: Causes, Remedies, and Consequences
(c) Unemployment
- Unemployment in India: Definition, Types, and Measures
- Unemployment in India: Causes and Consequences
- Jobless Growth in India: Reasons and Consequences
(d) Other important issues
- Economics of Animal Rearing in India
- Government Policies towards Women Empowerment: Beti Bachao Beti Padhao, SSA, Kasturba Gandhi Balika Vidyalaya, Saakshar Bharat, SABLA, STEP
- Education in India: Role and Channels in Promoting Economic Growth
Chapter 8- Government budgeting
- The Role of the Government in the Economy
- The Government Budget: Revenue Budget, Capital Budget, Government Deficits
- Budgetary procedure in India
- Types of Budgets in India
Chapter 9-Taxation in India
- Taxation in India: Classification, Types, Direct tax, Indirect tax
- Goods and Services Tax
- Tax Reforms in India
- Concept Related to Taxation: Tax Incidence, Tax Evasion, Laffer Curve, CESS and Surcharge
Chapter 10-External sector
- India’s Balance of Payments: Current Account, Capital Account, Goods and Services Account
- India’s BOP Performance: Balance of Payment versus Balance of Trade, Current Account versus Capital Account
- FDI and FPI in India, External Commercial Borrowings, Foreign Exchange Reserves in India
- Foreign Exchange Rate Determination in India and Types of Exchange Rate
- Capital and Current Account Convertibility in India
Chapter 11- International economic organizations
- The Bretton Woods Twins- World Bank and IMF
- ADB, BRICS Bank, AIIB
- Bilateral, Regional and Global Groupings and Agreements involving India
- The World Trade Organisation (WTO) and India
Chapter 12-Food processing & related industries
- Food Processing Industry: Definition and Dimensions; Channels of Transitions; Inter linkages between Agriculture and Industry
- Food Processing Industry: Food Based Industry versus Non- Food Based; Location, Upstream, Downstream Requirements
- Food Processing Industry: Forward, Backward Linkages; Food Processing Industry and Economic Development
- Food Processing Industry in India: Growth Drivers, FDI Policy, Investment Opportunities; Schemes Related to Food Processing Sector
- Supply Chain Management in Indian Agriculture
Chapter 13-Industrial sector
- Industrial development in India
- Industrial Policy in India and its effects on growth
- Public sector undertakings in India
- Privatisation of the Public Sector Enterprises
Chapter 14-Infrastructure
- Infrastructure Sector in India: Definitions; Growth and Infrastructure Linkage
- Infrastructure Development in India
- Infrastructure Sector in India: Growth Drivers; Government Policy Initiatives
- Road Transport in India
- Civil Aviation Sector in India
- Railways Sector in India
- Recent Initiatives by the Railways
- Telecommunication Sector in India
- Notable Initiatives of Indian Telecom Sector
- Port sector in India
- Energy and Power Sector
- Government Policy Support for the Energy Sector
Chapter 15-Investment model
- Investment Models: Public Sector Led Investment Model; Private Sector-Led Investment Model
- Public-Private Partnership Model: Definitions; Need for PPP; Prerequisites.
- Public-Private Partnership Models: Contracting, Build Operate Transfer, Design Build Finance Operate (DBFO), Concessions, Build Operate Transfer, EPC Model, Swiss Challenge Model, HAM Model
