INDIAN ECONOMICS (For IES only)
1. History of development and planning— Alternative development strategies—goal of self-reliance based on import substitution and protection, the post-1991 globalisation strategies based on stabilization and structural adjustment packages: fiscal reforms, financial sector reforms and trade reforms.
2. Federal Finance—Constitutional provisions relating to fiscal and financial powers of the States, Finance Commissions and their formulae for sharing taxes, Financial aspect of Sarkaria Commission Report, financial aspects of 73rd and 74th Constitutional Amendments.
3. Budgeting and Fiscal Policy—Tax, expenditure, budgetary deficits, pension and fiscal reforms, Public debt management and reforms, Fiscal Responsibility and Budget Management (FRBM) Act, Black money and Parallel economy in India—definition, estimates, genesis, consequences and remedies.
4. Poverty, Unemployment and Human Development—Estimates of inequality and poverty measures for India, appraisal of Government measures, India’s human development record in global perspective. India’s population policy and development.
5. Agriculture and Rural Development Strategies— Technologies and institutions, land relations and land reforms, rural credit, modern farm inputs and marketing— price policy and subsidies; commercialisation and diversification. Rural development programmes including poverty alleviation programmes, development of economic and social infrastructure and New Rural Employment Guarantee Scheme.
6. India’s experience with Urbanisation and Migration—Different types of migratory flows and their impact on the economies of their origin and destination, the process of growth of urban settlements; urban development strategies.
7. Industry: Strategy of industrial development— Industrial Policy Reform; Reservation Policy relating to small scale industries. Competition policy, Sources of industrial finances. Bank, share market, insurance companies, pension funds, non-banking sources and foreign direct investment, role of foreign capital for direct investment and portfolio investment, Public sector reform, privatisation and disinvestment.
8. Labour—Employment, unemployment and underemployment, industrial relations and labour welfare— strategies for employment generation—Urban labour market and informal sector employment, Report of National Commission on Labour, Social issues relating to labour e.g. Child Labour, Bonded Labour International Labour Standard and its impact.
9. Foreign trade—Salient features of India’s foreign trade, composition, direction and organisation of trade, recent changes in trade, balance of payments, tariff policy, exchange rate, India and WTO requirements. Bilateral Trade Agreements and their implications.
10. Money and Banking—Financial sector reforms, Organisation of India’s money market, changing roles of the Reserve Bank of India, commercial banks, development finance institutions, foreign banks and non-banking financial institutions, Indian capital market and SEBI, Development in Global Financial Market and its relationship with Indian Financial Sector. Commodity Market in India-Spot and Futures Market, Role of FMC.
11. Inflation—Definition, trends, estimates, consequences and remedies (control): Wholesale Price Index. Consumer Price Index: components and trends
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IES-ISS Exam Date – 16th July, 2021
General English-100 Marks-General Studies-100 Marks-General Economics-I-200 Marks-General Economics-II-200 Marks-General Economics-III-200 Marks-Indian Economics-200 Marks
Stage I-Part I – Written examination carrying a maximum of 1000 marks-Stage II-Part II – Viva voce carried out by the Commission for a maximum of 200 marks
IES – ISS Exam Fee – Rs. 200/-
Female/SC/ST/Persons with Benchmark Disability Candidates are exempted from paying the exam fee.
Nationality-Age Limits-Relaxation-Educational Qualification-Physical Standard
Indian Economic Service – 15 Vacancies
Indian Statistical Service – 11 Vacancies
first-apply-first allot basis-SHIMLA-SHILLONG-JAIPUR-LUCKNOW
Articles permitted inside Examination Hall-Tables to be supplied by UPSC-communications to the Commission should contain Name and year of Examination-Registration I.D. (RID) Number
Online Applications can be filled up to 27th April, 2021-Withdrawal of Application till 10th May, 2021