K. J.

SOMAIYA COLLEGE OF ARTS AND

COMMERCE, VIDYAVIHAR, MUMBAI-77
(Autonomous)

Affiliated to University of Mumbai

SYLLABUS AND SCHEME OF EXAMINATION

PROGRAM: B. A. (Second Year)

Sem. III & Sem. IV

Course: Indian Economy

As per
CREDIT BASED SEMESTER & GRADING SYSTEM
(75-25 Marks Pattern)
(With effect from the Academic Year: 2014-15)
 S.Y.B.A.: Indian Economy
Programme: B.A.
Course: Indian Economy

(Credit Based Semester and Grading System with effect from the academic year,
2014-15)

1. Name of the Programme : B.A.

2. Course Code :
3. Course Title : Indian Economy

4. Semester wise Course Contents : Enclosed the copy of syllabus

5. References and Additional
References
6. Credit Structure
7. No. of lectures per Unit
8. No. of lectures per week
9. Scheme of Examination
10.Special notes , if any
11.Eligibility, if any
12.Fee Structure
13.Special Ordinances /
Resolutions if any
: Enclosed in the Syllabus
: No. of Credits per Semester – 03
: 15, 15,15 of each module
: 03
: 75:25 Pattern
: No
:
: As per University Structure
: No

Semester- III
Credit: 03
 Course: Indian Economy – Paper- I

PREAMBLE: The Board of Studies in Economics has revised the syllabi of S.Y.B.A. Indian

Economy Paper - I which will be made effective from the Academic Year 2014-15. The objective of

the course is to familiarize the students the basic issues of growth and development of Indian

Economy. The revised syllabus is framed to make students aware of the structure and recent changes

in various sectors of Indian Economy.

UNIT - I: Economic Growth and Development (Pre and Post Reform Period) (15)
Changes in the pattern of national income and per capita income – Sectoral composition of
national income- Changes in the occupational structure - India as an emerging economy in the
world – Trends in the demographic features during 1951 – 2011 - Problem of poverty and
income inequalities – Nature of unemployment – Causes of inflation –Policy measures to reduce
poverty, income inequalities and inflation.

UNIT - II: Agriculture and the economy (15)

Changing Role of agriculture in the economy– Land reforms – New Agricultural Strategy –
Trends in production and productivity –Rural credit and role of rural financial institutions –
Agricultural Marketing – Agricultural pricing and price policy – WTO and agriculture – Issue of
Food Security.

UNIT - III: Secondary and Tertiary Sector (15)

Trends in industrial production and productivity during 1951-91 – New Industrial policy 1991
and industrial Diversification since 1991 – Disinvestment policy – Significance of MSMEs –
Policy of the Government of India to promote MSMEs – Formal and Informal sector in India –
Special Economic Zones: Concept, role and importance –Growth and performance of service
sector in India - WTO agreement on TRIPs, TRIMs and GATS in India – Role of infrastructure
in economic development
References
1. Agrawal A. N. “Indian Economy” New Age Publishers, Delhi.
2. Datt Ruddar and Sundaram KPM, “Indian Economy” S Chand Publications, Delhi
3. Mishra S. K. and Puri V.K. “Indian Economy” Himalaya Publishing House, Mumbai
4. Purkayastha Chandra, Patil Shubhangi and Mishra Mahendra “Indian Economy” Seth
Publication.
 SEMESTER- IV
Credit: 03
Course: Indian Economy – Paper- II

PREAMBLE: The Board of Studies in Economics has revised the syllabi of S.Y.B.A. Indian

Economy Paper - II which will be made effective from the Academic Year 2014-15. The objective of

the course is to familiarize the students the basic issues of financial inclusion, fiscal operations and

foreign sector of Indian Economy.

UNIT - I: Recent Financial Development in India (15)

Financial inclusion in India: meaning and importance, causes of financial exclusion
Microfinance in India– New technologies in Indian banks- Role of Mutual Fund in India-
Growth of insurance business in India – Role of IRDA and SEBI.

UNIT - II: Finances of the Government of India (15)

Union Government Budget – Appraisal of trends in revenue and expenditure in the pre and post
reform period – Tax revenues of Government of India - Tax reforms and changes in tax policy
since 1991 – Changes in the composition of expenditure of Government of India - Fiscal Deficits
– Trends in internal and external liabilities of Government of India – Appraisal of Union
Government transfer of financial resources to the States – Recommendations of The Thirteenth
Finance Commission – Role of fiscal policy.

UNIT - III: International Trade and Payments (15)

Appraisal of India’s foreign trade and payments before 1991 – Analysis of trends in value,
composition and direction of exports and imports since 1991- India’s Balance of Payments since
1991 – Exchange rate policy and Rupee convertibility – Trends in capital flows since 2001.

References
4. Indian Economy by Ruddar Datt and KPM Sundaram, S Chand Publications, Delhi
5. Indian Economy: SK Mishra and VK Puri, Himalaya Publishing House, Mumbai
6. Indian Economy; A N Agrawal, New Age Publishers, Delhi
 Scheme of Examination
The performance of the learners shall be evaluated into two parts. The learner’s performance
shall be assessed by Internal Assessment with 25% marks in the first part by conducting the
Semester End Examinations with 75% marks in the second part. The allocation of marks for the
Internal Assessment and Semester End Examinations are as shown below:-
( A ) Internal Assessment: 25 Marks (25%)
Sr. No Evaluation type Marks

1 One Periodical class Test/Project/ Field Visits 20

Active participation in routine class instructional deliveries(case studies/

2 05
seminars//presentation)

(B) External Theory examination: 75 Marks (75%)

 Duration –2.30 Hours for each paper.
 There shall be FIVE questions each of 15 marks on each unit.
 All questions shall be compulsory with internal choice within the questions.
 Questions may be subdivided into sub-questions a, b, c and the allocation of marks shall
depend on the weightage given to the topic.
 Fifth question shall be asked on short notes/objectives which will be the combination of
all models.

Questions Modules Marks

Q1 Based on Unit – 1 15
Q2 Based on Unit – 2 15
Q3 Based on Unit – 3 15
Q4 Based on all Units 15
Q5 Based on all Units 15
Total Marks 75