Civil Service Exam Mains – IAS Exam Mains 2017 Syllabus for Economics Syllabus Paper II - Paper I
Paper – II
1. Indian Economy in Pre – Independence Era :
Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique. Manufacture and Transport : Jute, Cotton, Railways, Money and Credit.
2. Indian Economy after Independence :
A. The Pre Liberalization Era :
- Contribution of Vakil, Gadgil and V.K.R.V. Rao.
- Agriculture : Land Reforms and land tenure system, Green Revolution and capital formation in agriculture.
- Industry Trends in composition and growth, Role of public and private sector, Small scale and cottage industries.
- National and Per capita income : patterns, trends, aggregate and Sectoral composition and changes their in.
- Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.
B. The Post Liberalization Era :
- New Economic Reform and Agriculture : Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system, Impact of public expenditure on agricultural growth.
- New Economic Policy and Industry : Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals.
- New Economic Policy and Trade : Intellectual property rights : Implications of TRIPS, TRIMS, GATS and new EXIM policy.
- New Exchange Rate Regime: Partial and full convertibility, Capital account convertibility.
- New Economic Policy and Public Finance : Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.
- New Economic Policy and Monetary system. Role of RBI under the new regime.
- Planning : From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning : 73rd and 74th Constitutional amendments.
- New Economic Policy and Employment : Employment and poverty, Rural wages, Employment Generation, Poverty alleviation schemes, New Rural, Employment Guarantee Scheme.