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SECTORAL SYLLABUS

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SECTORAL SYLLABUS

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extension7ftw
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Generic Elective (GE-17): Sectoral Issues in Indian Economy

Semester
Duration (per week)
Course title Eligibility
Credits Prerequisite
& Code Practical/ Criteria
Lecture Tutorial
Practice
IV/VI/VIII Sectoral
Issue in
Class
Indian 4 3 1 0 NIL
12th Pass
Economy –
ECON059

Learning Objectives

The Learning Objectives of this course are as follows:


• The course imparts in-depth knowledge on the issues relating to the agricultural and industrial
economy of India, with the focus on the evolutionary path undertaken and the resultant concerns.
• This will cover issues of MSMEs and small farms
toinformtheproblemsindustrialisationaswellasincreasedproductivityofagriculture.

Learning outcomes

The Learning outcomes of this course are as follows:


• This course will familiarize students with the problems,
issues,currentdebates,andpolicyinterventionsforlong-termsustainability,efficiency,and resilience.
• The students will be able to understand, comprehend and critically analyse the issues and policies
and would be able to form a well-informed and well- articulated opinionoftheirown.

Syllabus

UNIT I: Agricultural Performance since Independence: (9 hours)


Output and productivity growth Agricultural Performance since Independence in the context of land
andlabour

UNIT II: The Policy Environment: Food security and nutritional concerns, MSPs, Agricultural price policy,
subsidies/cash transfers, The public distribution system; Capital formation (12 hours)

UNIT III: Current Issues in Indian Agriculture (selected topics) (12 hours)
Resource Use Efficiency-Fertiliser, Water, Other inputs; Diversification for future Growth and enhanced farm
income; Sustainable agricultural growth—concepts and constraints; Prospects for dryland/organic/zero
budget farming; trade and
competitiveness;useofnewtechnologyandartificialintelligence;Marketing/infrastructure; Crop
insurance/agriculturalfinance

UNIT IV: Industry (12 hours)


Overview of the Industrial Scene in India- Trends in growth and productivity; Competitiveness and changes
in Policy Regimes- domestic competitiveness and export; Issues relating to Indian Industry (selected topics);
Scale and ownership, MSMEs and large industries, Public and Private Sector, Employment growth, labour
and capital (domestic and foreign), formal and informal sectors, Infrastructural bottle- necks, research and
development.

Recommended readings
• SukhamoyChakravarty (1984) Aspects of India’s Development Strategy for 1980s? EPW vol 19
no20-21

520
• J. Bhagwati (1993), India in Transition: Freeing the Economy, Clarendon Oxford 1993
• K. V. Ramaswamy (2015) Labour, Employment and Economic Growth in India
CambridgeUniversityPress
• Isher Judge Ahluwalia (1985) Industrial Growth in India: Stagnation Since the Mid-
sixties,OxfordUniversityPress
• R. Nagaraj (2015) Can the Public Sector Revive the Economy? Review of the Evidence and a
Policy Suggestion EPW vol 50 no5
• S N Rajesh Raj, Kunal Sen (2020) The ‘Missing Middle’ Problem in Indian Manufacturing. What
Role Do Institutions Play? EPW April 18, 2020 vol 55 no16
• Indian Industrialisation, ICSSR Research and Surveys and Explorations in Eco- nomics vol.1 (2015)-
C P Chandrasekhar (ed), Oxford University Press,Delhi
• Sabyasachi Mitra, Abhijit Sen Gupta, and Atul Sanganeria (2020) Drivers and Benefits of
Enhancing Participation in Global Value Chains: Lessons for India, ADB South Asia Working
Paper No. 79
• Raghuram Rajan (2015) Make in India, largely for India, Indian Journal of Indus- trial Relations,
Vol. 50, No. 3 (January 2015), pp.361-372
• Vaidyanathan, A. (1994), “Performance of Indian Agriculture since Independence” in Kaushik Basu
(ed.), Agrarian Questions Oxford UniversityPress.
• Mahendra Dev (2016) Water Management and Resilience in Agriculture vol 51, No 8 EPW
Economic & Political Weekly
• Ramesh Chand (2012) Development Policies and Agricultural Markets EPW DE- CEMBER 29,
2012 vol 47 no52
• Yoginder K Alagh (2021) Globalisation and the Indian Farmer EPW vol 56 no 28
• Chatterjee, S., Kapur, D. (2017). Six puzzles in Indian agriculture. India Policy Forum 2016, Vol. 17.
• NABARD Foundation Day, Paper on enhancing Farmers’ income by K J S Satyasai and Nirupam
Mehrotra. 12 July 2016
• Acharya, S.S. (2007) “Agribusiness in India: Facts and Emerging Issues”,
AgriculturalEconomicsResearchReview,Vol. 20,ConferenceIssue,pp.409-424
• Mohan, R., (2006) Agricultural Credit in India: Status, Issues and Future Agenda,
EconomicandPoliticalWeekly,March18,2006,pp1013-1021.
• Mishra S.N. and Chand, R., (1995) Public and Private Capital Formation in Indian Agriculture:
Comments on Complementarily Hypothesis, Economic and Political Weekly, June 24th,1995
• GOI (2007), Report of The Working Group on Risk Management in Agriculture for the Eleventh
Five Year Plan (2007-2012), GOI, NewDelhi
• Indian Agriculture Towards 2030-Pathways for Enhancing Farmers’ Income, Nutritional Security
and Sustainable Food and Farm Systems (2021) An open-access Springerpublication.
• Government of India (2017) “Report of the Committee on Doubling Farmers’ In- come”. Ministry of
Agriculture and Farmers’ Welfare, Government ofIndia
• PRS Legislative Research (2017), Swaminathan Report: National Commission on Farmers, at
Swaminathan Report: National Commission on Farmers, PRSIndia
• Acharya SS and NL Agarwal (2016), Agricultural Marketing in India, New Delhi: CBS Publishers
andDistributors
• Expert Committee Report on Marketing Infrastructure & Agricultural Marketing Reforms (2000)
Government of India, Department of Agricultural & Cooperation Krishi Bhavan, NewDelhi

Note: Examination scheme and mode shall be as prescribed by the Examination


Branch, University of Delhi, from time to time.

521

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