Be competent in Indian Economic Development
Development, Challenges and Policies
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What You Will Learn!
- 1. Identify key economic challenges faced by the Indian economy before independence and the common goals pursued during the plans.
- 2. Explain various aspects of; human capital; Economic Reforms; Demonetization, GST; Agricultural Diversification, Sustainable Development and more.
- 3. Analyze the problems related to employment on the economy.
- 4. Analyze the growth and challenges faced by the education sector, workforce participation rates in formal and informal sectors.
- 5. Analyze features, issues, strategies and performance of the agricultural sector.
- 6. Evaluate the significance of the Industrial Policy Resolution of 1956.
- 7. Identify key issues in rural development such as credit, marketing, and cooperatives.
- 8. Assess the effects of economic development on resources and the environment, including global warming.
- 9. Compare and analyze the development experiences, economic growth patterns, and Human Development Indicators in India, China, and Pakistan.
Description
The course on "Indian Economic Development” is meant for students studying in class 12 and preparing to appear for the CBSE board examination. The course is structured to provide you with a comprehensive understanding of the economic development of India, both in historical and contemporary contexts. We will delve into various facets of India's economic journey, addressing key milestones, challenges, and the way forward.
It comprises 3 modules and is delivered through 77 videos. Let's take a moment to explore what we have in store:
Module 1: Development Experience (1947-90) and Economic Reforms since 1991
In this section, we will begin with a glimpse of India's economic state at the time of independence. We will explore the foundations of the Indian economic system, the common goals of the Five Year Plans, and the critical components of agriculture, industry, and foreign trade during this period. Additionally, we will delve into the transformative economic reforms initiated in 1991, encompassing liberalization, globalization, privatization (LPG policy), and the concepts of Demonetization and GST.
Module 2: Current Challenges Facing the Indian Economy
This module brings us up to speed with the contemporary challenges that India faces today. We will explore the concept of human capital formation and its role in economic development, along with the growth of the education sector in India. Other topics in this module include rural development, employment trends in both formal and informal sectors, and the imperative of sustainable economic development, including its effects on resources and the environment.
Module 3: Development Experience in India
In the final module, we will conduct a comparative analysis of India's development experience with its neighbors, Pakistan and China. This will provide us with valuable insights into economic growth, population dynamics, sectoral development, and various human development indicators. By understanding these comparisons, we can gain a deeper appreciation of India's unique path to development.
Throughout this course, our aim is not only to impart knowledge but also to foster a deeper understanding of the complexities and opportunities within India's economic landscape.
Who Should Attend!
- 1. Students of Economics: This course is tailored for students studying CBSE-defined economics syllabus. It offers an organized and in-depth coverage of the challenges of Indian Economic Development. It can serve as a solid foundation for further studies in economics.
- 2. Preparation for CUET: Tailored for students gearing up for entrance tests like CUET and focuses on sharpening microeconomics concepts. Be well-equipped to tackle the microeconomic aspects seamlessly as part of your preparation for CUET.
- 3. Economics Enthusiasts: This course extends its appeal to anyone with a curiosity about economics, be it a hobbyist or someone seeking personal enrichment. It offers a grasp of fundamental concepts, ensuring accessibility for a diverse audience of learners.