Chapter 1: Introduction

Economics: The Discipline

Organising an Economy
Role of State in an Economy
Sectors of an Economy
Types of Economies
Idea of National Income
Uniqueness of the Indian Economy
Notes & References
Chapter 2: Progress, Growth and Development
Progress
Economic Growth
Economic Development
Notes & References
Chapter 3: Evolution of the Indian Economy
The Background
Prime Moving Force: Agriculture vs. Industry
Planned and Mixed Economy
Emphasis on the Public Sector
Notes & References
Chapter 4: Economic Planning
Introduction
Definition
Origin and Expansion of Planning
Types of Planning
Notes & References
Chapter 5: Planning in India
Introduction
Background
Major Objectives of Planning
Planning Commission
National Development Council
Central Planning
Multi-Level Planning
Way to Decentralised Planning
The Planning Commission & The Finance Commission
The Changing Nature and Role of Planning
A Critical Evaluation
Notes & References
Chapter 6: Economic Reforms
Introduction
Economic Reforms
Economic Reforms In India
Liberalisation
Privatisation
Globalisation
Generations of Economic Reforms
Notes & References

Chapter 7: Inflation
Introduction
Definition
Why Inflation Occurs
Types of Inflation
Other Variants of Inflation
Other Important Terms
Effects of Inflation
Inflation in India
Notes & References
Chapter 8: Business Cycle
Introduction
Depression
Recovery
Boom
Growth Recession
Conclusion
Notes & References
Chapter 9: Indian Agriculture
Introduction
Kharif & Rabi
Food Philosophy of India
Land Reforms
Green Revolution
Minimum Support Prices (MSP)
Procurement Prices
Issue Price
Buffer Stock
Economic Cost of Foodgrains
Decentralised Procurement Scheme
Rising Food Subsidy
National Flood Security Bill
Agricultural Marketing
e-choupal
Trifed
Nafed
Storing facilities for Agriculture Products
Agricultural Credit
Commodity Futures Market
Farm Waste Debate
Irrigation
National Food Security Mission (NFSM)
Macro Management of Agriculture (MMA)
Rashtriya Krishi Vikas Yojana (RKVY)
ISOPOM
National Horticulture Mission (NHM)
National Bamboo Mission (NBM)
National Agricultural Policy, 2000

Agricultural Insurance
Extension Services
National Mission for Sustainable Agriculture (NMSA)
Second Green Revoution
WTO and the Indian Agriculture: Prospects and Challenges
WTO and Agricultural Subsidies
Economic Survey 2011-12: Comments
Notes & References
Chapter 10: Indian Industry & Infrastructure
Introduction
Industrial Policy Resolution, 1948
Industrial Policy Resolution, 1956
Industrial Policy Statement, 1969
Industrial Policy Statement, 1973
Industrial Policy Statement, 1977
Industrial Policy Resolution, 1980
Industrial Policy Resolution, 1985 & 1986
Disinvestment
Investment Challenge
New Manufacturing Policy
National Policy on Electronics
Industry & Environment
Economic Survey 2011-12: Comments on Industry
Indian Infrastructure
Economic Survey 2011-12: Comments on Indian Infrastructure
Notes & References
Chapter 11: India and the Global Economy
An Introduction
Global Economy Today
Eurozone Crisis
Changing Dynamics
Locating India
The Path to Revival
Prospects for India
Notes & References
Chapter 12: Financial Market
Introduction
Indian Money Market
Indian Capital Market
Notes & References
Chapter 13: Indian Money Market
Introduction
Need For Money Market
Money Market In India
Discount and Finance House of India (DFHI)
Monetary Policy Tools
Notes & References
Chapter 14: Indian Capital Market

Definition
Project Financing
Financial Institutions
Mutual Fund (MF)
Notes & References
Chapter 15: Banking in India
Introduction
Bank & Non-Bank Institutions
Non-Banking Financial Companies (NBFCS)
Reserve Bank of India
Marginal Standing Facility (MSF)
Base Rate
Nationalisation and Development of Banking
Financial Sector Reforms
Banking Sector Reform
New Rules for Opening Banks
The Menace of NPAS
Capital Adequacy Ratio
Why to Maintain Car?
Financial Stability Report- 2011
Non-Resident Indian Deposits
Notes & References
Chapter 16: Security Market in India
Definition
Primary and Secondary Markets
Stock Exchange
SEBI
Important Terms of Stock Market
Short Selling
Notes & References
Chapter 17: Insurance in India
Definition
Insurance Industry
Insurance Reforms
National Export Insurance Account
The Challenge Ahead
Notes & References
Chapter 18: External Sector
Definition
Foreign Currency Assets
Foreign Exchange Reserve
Fixed Currency Regime
Floating Currency Regime
Managed Exchange Rates
Foreign Exchange Market
Exchange Rate in India
Trade Balance
Trade Policy

Depreciation
Devaluation
Revaluation
Appreciation
Current Account
Capital Account
Balance of Payment (BoP)
Convertibility
LERMS
NEER
REER
EFF
IMF Conditions on India
Hard Currency
Soft Currency
Hot Currency
Heated Currency
Cheap Currency
Dear Currency
Special Economic Zone
Autonomous Bodies
Other Organizations
Advisory Bodies
Economic Survey 2011-12: Comments
Notes & References
Chapter 19: International Economic Organizations
International Monetary System
Bretton Woods Development
International Monetary Fund
World Bank
Asian Development Bank
OECD
World Trade Organisation (WTO)
WTO Negotiations and India
Notes & References
Chapter 20: Tax Structure in India
Tax Methods of Taxation
A Good Tax System
Methods of Expenditure
Value Added Tax
Need of VAT in India
Goods and Services Tax
Additional Excise Duty
CST Reforms
Service Tax
Tax Expenditure
Non-Tax Revenue
Notes & References

Chapter 21: Public Finance

Introduction
Budget
Fiscal Policy
Indian Fiscal Situation: A Summary
Limiting Government Expenditure
Fiscal Consolidation in India
Zero-Base Budgeting
Charged Expenditure
Types of Budgets
Cut Motion
Interest Payments
Subsidies
Government Debt
State-Level Finances
Notes & References
Chapter 22: Human Development in India
Introduction
Human and Gender Development
Inclusive Development
Poverty and Inclusive Growth
Inequality
Employment
Poverty Alleviation and Employment Generation Programmes
Social Protection
Rural Infrastructure
Urban Infrastructure
Skill Development
Education
Health
Women and Child Development
Notes & References