Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Class notes

Growth of development

Rating
-
Sold
-
Pages
6
Uploaded on
06-01-2025
Written in
2023/2024

Economic growth can be measured in nominal or real terms. Nominal growth measures the increase in the dollar value of production, while real growth measures the increase in the volume of production. Real growth is preferred because it better reflects how much a country is producing.

Show more Read less
Institution
Course

Content preview

1. Indian Economy and Issues Relating to Planning, Mobilization of Resources, Growth,
Development, and Employment

• Planning in India: Historical overview of economic planning in India, transition from planned
to a market-driven economy, and role of the NITI Aayog.

• Mobilization of Resources: Analysis of sources of government revenue (tax and non-tax),
internal and external borrowing, foreign direct investment (FDI), foreign portfolio investment
(FPI), and remittances.

• Growth and Development: Concepts of economic growth and sustainable development,
measures of growth (GDP, GNP), Human Development Index (HDI), Sustainable Development
Goals (SDGs), and factors affecting growth.

• Employment and Unemployment: Employment trends, types of unemployment,
employment generation schemes (MGNREGA), labor market reforms, and social security
measures.

2. Inclusive Growth and Issues Arising from It

• Inclusive Growth: Definition, importance, and approaches to inclusive growth.

• Government Schemes and Programs: Examination of schemes aimed at poverty alleviation,
financial inclusion (e.g., Jan Dhan Yojana, PM-KISAN), and social sector welfare.

• Challenges: Disparities in income, regional imbalances, and issues with equitable distribution
of resources and wealth.

• Social Infrastructure: Health, education, skill development, and the role of public policies in
promoting inclusivity.

3. Government Budgeting

• Budget Components: Understanding revenue budget, capital budget, and fiscal deficit, and
primary deficit.

• Fiscal Policy and Its Tools: Taxation policy, expenditure policy, subsidies, and fiscal discipline.

• Budget Process: Phases of budgeting (planning, execution, auditing), types of budgets (zero-
based, outcome-based).

• Center-State Financial Relations: Role of Finance Commission, GST, and devolution of funds
to states.

4. Agriculture Sector

• Major Crops and Cropping Patterns: Overview of major crops (rice, wheat, pulses, cash
crops) and their regional patterns; factors influencing crop patterns.

• Irrigation and Irrigation Systems: Types of irrigation (surface, groundwater, drip, and
sprinkler), and challenges in irrigation systems.

• Storage, Transport, and Marketing of Agricultural Produce: Issues in warehousing, cold
storage facilities, agricultural logistics, and role of Agricultural Produce Market Committees
(APMCs).

, • E-technology in Aid of Farmers: Initiatives like e-NAM, Direct Benefit Transfer (DBT), Kisan
Credit Card, and use of apps and portals for crop management.

5. Issues Related to Direct and Indirect Farm Subsidies and Minimum Support Prices

• Farm Subsidies: Types of subsidies (fertilizer, irrigation, electricity), pros and cons of
subsidies, and government expenditure on subsidies.

• Minimum Support Price (MSP): Concept, determination, and implications on farmers’
income and market prices.

• Public Distribution System (PDS): Objectives, structure, limitations, and reforms needed to
improve food distribution.

• Buffer Stocks and Food Security: Importance of buffer stocks, food security concerns, and
role of the Food Corporation of India (FCI).

6. Economics of Animal Rearing

• Animal Husbandry: Economic role of livestock (dairy, poultry, fisheries), and government
schemes to promote animal husbandry.

• Challenges and Opportunities: Issues of feed, breeding, healthcare, and market accessibility.

7. Food Processing and Related Industries in India

• Scope and Significance: Importance of food processing for employment, rural development,
and value addition.

• Location Factors: Key factors influencing the location of food processing industries.

• Upstream and Downstream Requirements: Inputs like raw materials, labor, and downstream
supply chain factors like distribution channels.

• Supply Chain Management: Role of cold chains, warehousing, logistics, and government
initiatives to strengthen the food processing supply chain.

8. Land Reforms in India

• Objectives and Need for Land Reforms: Land ownership issues, equitable land distribution,
and elimination of feudal systems.

• Land Reforms Policies: Overview of land ceiling, land redistribution, tenancy reforms, and
digitization of land records.

• Challenges: Issues like land fragmentation, unclear land titles, and challenges in land
acquisition.

9. Effects of Liberalization on the Economy

• Economic Reforms of 1991: Liberalization, Privatization, and Globalization (LPG) reforms and
their impacts.

• Changes in Industrial Policy: Shifts from license raj to deregulation, industrial corridors, and
Special Economic Zones (SEZs).

Written for

Course

Document information

Uploaded on
January 6, 2025
Number of pages
6
Written in
2023/2024
Type
Class notes
Professor(s)
Abhishek
Contains
All classes

Subjects

$15.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
abhishekmeena52768

Get to know the seller

Seller avatar
abhishekmeena52768 Rajasthan University
Follow You need to be logged in order to follow users or courses
Sold
-
Member since
1 year
Number of followers
0
Documents
2
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions