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 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 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 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 this course is for:

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.