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What is Indian Economics in the Global Scenario?
Indian Economics in Global Scenario focuses on India’s economic position, performance, and policy evolution in the context of the global economy. It includes trade policies, international relations, foreign investments, global economic institutions, and how India integrates with global markets.
These notes help you explore key areas like:
India’s economic reforms and globalization
International trade and balance of payments
Role of WTO, IMF, and World Bank in India
India’s foreign investment policies (FDI & FII)
India’s role in BRICS, G20, and global economic forums
Exchange rate systems and forex reserves
Why Use Our Indian Economics in Global Scenario Notes?
👉 100% Syllabus Coverage as per University & UPSC Standards
👉 Tailored for BBA/B.Com/Economics/UPSC/NET/MBA students
👉 Based on the Latest Policy Frameworks and Economic Reports
👉 Created by Expert Faculty and Policy Analysts
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Course Units
Unit 1: Introduction to Indian Economy and Economic Planning
Topics Covered: The basic features and sectoral structure of the Indian economy, demographic trends, key challenges like poverty and unemployment, along with the objectives of economic planning, the role of NITI Aayog, and the transition from the Planning Commission.
Unit 2: Agriculture and Industrial Sectors in India
Topics Covered: The importance of agriculture in the Indian economy, reforms like land reforms and MSP, along with the 1991 industrial policy reforms, Make in India initiative, MSME sector development, and public sector disinvestment.
Unit 3: Services Sector and Infrastructure Development
Topics Covered: Focuses on the growth of India’s services sector including banking, IT, tourism, and retail, infrastructure development in transport, energy, and communication, and major government initiatives like Digital India, Smart Cities Mission, and PM Gati Shakti suctures like line, functional, line & staff, and matrix.
Unit 4: India’s Role in the Global Economy
Topics Covered: Highlights the impact of globalization on India, trends in foreign trade, the structure of Balance of Payments (BoP), and the significance, benefits, and challenges of FDI (Foreign Direct Investment) and FII (Foreign Institutional Investment).
Unit 5: Economic Reforms and Contemporary Challenges
Topics Covered: Major reforms including the LPG model, Goods and Services Tax (GST), and demonetization, along with current economic issues like inflation, fiscal and current account deficits, and India’s ranking in global indices like Ease of Doing Business and HDI.
Final Thoughts
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