Be Competent In Indian Economic Development

Development, Challenges and Policies

What you'll learn

1. Identify key economic challenges faced by the Indian economy before independence and the common goals pursued during the plans.

2. Explain various dimensions of poverty; human capital; Economic Reforms; Demonetization, GST; Agricultural Diversification, Sustainable Development and more.

3. Analyze the impact of poverty and 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.

Requirements

Prior familiarity with computers is necessary for effective navigation through the course.

Description

The course on "Indian Economic Development” 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 90 videos. Let's take a moment to explore what we have in store:Module 1: Development Experience (1947-90) and Economic Reforms since 1991In 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 EconomyThis module brings us up to speed with the contemporary challenges that India faces today. We will explore poverty in-depth, examining its definitions, underlying reasons, and the impact it has on the nation. We will also dissect government initiatives aimed at reducing poverty. Furthermore, we will study 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 IndiaIn 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.

Overview

Section 1: Introduction

Lecture 1 Know your Instructor

Lecture 2 Introduction to Indian Economic Development

Section 2: 1. Development Experience (1947-90) and Economic Reforms since 1991

Lecture 3 Development Experience: Learning Objectives

Lecture 4 Development Experience (1947-90): On the eve of Independence

Lecture 5 Economic Systems

Lecture 6 Economic Planning - A Beginning

Lecture 7 Goals of Five Year Plans

Lecture 8 Conflict in Goals of Planning

Lecture 9 Agriculture: Features

Lecture 10 Agriculture: Problems relating to Land

Lecture 11 Agriculture: Problems related to Labour

Lecture 12 Agriculture: Problems relating to Capital

Lecture 13 Agriculture: Problems relating to Marketing

Lecture 14 Agricultural Policies: Land Reforms

Lecture 15 Agricultural Policies: Technological Reforms

Lecture 16 Industry: Features

Lecture 17 Industrial Problems: Infrastructure

Lecture 18 Industrial Problems: Public Sector

Lecture 19 Industrial Problems: State Controls

Lecture 20 Industrial Problems: Industrial Policy Resolution

Lecture 21 Industrial Problems: Licensing

Lecture 22 Small Scale Industry: Role

Lecture 23 Small Scale Industry: Importance

Lecture 24 Foreign Trade: Problems

Lecture 25 Foreign Trade: Policies

Lecture 26 Planning : Appraisal - Economic Growth and Self-Reliance

Lecture 27 Planning: Appraisal - Social Justice and Modernization.

Section 3: Economic Reforms Since 1991

Lecture 28 Reforms: Need and Features

Lecture 29 Economic Reforms: Liberalisation

Lecture 30 Economic Reforms: Privatisation

Lecture 31 Economic Reforms: Globalisation

Lecture 32 Impact of Reforms: Economic Growth, Fiscal Deficit, Agriculture

Lecture 33 Impact: Industry, Dis-investment, FDI

Lecture 34 Impact: Forign Trade, Forex

Lecture 35 Impact: Education, Employment, Poverty

Lecture 36 Demonetisation

Lecture 37 Goods and Services Tax

Section 4: Current Challenges faced by the country

Lecture 38 Defining poverty

Lecture 39 Reasons and Impact of Poverty

Lecture 40 Poverty Alleviation: Three-Dimensional Approach

Lecture 41 Poverty Alleviation: Government Initiatives

Lecture 42 Critical Appraisal

Section 5: Challenge: Human Capital Formation

Lecture 43 Human Capital Formation: Basics

Lecture 44 Human Capital Formation: Sources

Lecture 45 Role of Human Capital in Economic Development

Lecture 46 Challenges in Human Capital Formation

Lecture 47 Education sector: Growth

Lecture 48 Challenges: Education Sector

Lecture 49 Initiatives by Government: Education Sector

Lecture 50 Performance: Education Sector

Section 6: Challenges: Rural Development

Lecture 51 Need for Rural Development

Lecture 52 Sources of Rural Credit: Banks

Lecture 53 Problems Faced by Banks

Lecture 54 Sources of Rural Credit: Co-operatives

Lecture 55 Problems faced by Co-operatives

Lecture 56 Measures to improve Credit flow

Lecture 57 Agricultural Marketing Problems

Lecture 58 Measures by Government

Lecture 59 Agricultural Diversification

Lecture 60 Organic Farming Initiatives

Section 7: Challenges: Employment

Lecture 61 Employment Basic Concepts

Lecture 62 Jobless Growth

Lecture 63 Informalisation and Casualisation

Lecture 64 Employment Generation Problems

Lecture 65 Employment Generation Efforts

Lecture 66 Employment Generation Initiatives

Section 8: Challenges: Infrastructure

Lecture 67 Relevance of Infrastructure

Lecture 68 Energy Growth

Lecture 69 Challenges in Power Sector

Lecture 70 Efforts Required in Energy Sector

Lecture 71 Government Initiatives

Lecture 72 Growth in Health Sector

Lecture 73 Challenges in Health Sector

Lecture 74 Policies Adopted for Health Sector

Section 9: Challenges: Sustainable Economic Development

Lecture 75 Managing Resources

Lecture 76 Status of Energy

Lecture 77 Economy Environment Linkage

Lecture 78 Impact on Environment: Water, Air

Lecture 79 Global Warming and Ozone Depletion

Lecture 80 Impact on Environment: Land Use

Lecture 81 Sustainable Development Aim

Lecture 82 National Action Plan

Section 10: Development Experience: Comparison of India with China and Pakistan

Lecture 83 Comparison with Neighbouring Countries: Learning Objectives

Lecture 84 Development Strategies: India

Lecture 85 Development Strategies: China

Lecture 86 Development Strategies: Pakistan

Lecture 87 Comparison: India and Pakistan

Lecture 88 Comparison: India and China

Lecture 89 GDP Growth: India China Pakistan

Lecture 90 Sectoral Contribution

Lecture 91 Demographic Profile

Lecture 92 Human Development Indicators

1. Undergraduate and Graduate Students pursuing Economics and development studies, international relations, public policy, and business studies.,2. Researchers and Academics in the fields of economics, development studies, and related disciplines,3. Entrepreneurs and business professionals seeking insights into India's economic history, policy, and environment.,4. Professionals working in non-governmental organizations and development agencies focused on poverty alleviation, education, rural development, and sustainable economic practices.,5. Journalists and Media Professionals who cover economic and development-related topics in India.,6. Individuals with a general interest in economics, policy, and India's development journey who want to broaden their knowledge.