XII , Indian Economic Development
Board: CBSE , Language: English
Indian Economics Development class 12 in India | Study material of Indian Economics Development class 12 | Syllabus of Economics class XII CBSE
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Part B: Indian Economic Development
Unit 6: Development Experience (1947-90) and Economic Reforms since 1991: 28 Periods
A brief introduction of the state of the Indian economy on the eve of independence.
Indian economic system and Common goals of Five-Year Plans.
Main features, problems and policies of agriculture (institutional aspects and new agricultural strategy, etc.), industry (IPR 1956; SSI- role & importance) and foreign trade.
Economic Reforms since 1991:
Features and appraisals of liberalization, globalisation and privatization (LPG policy); Concepts of demonetization and GST
Unit 7: Current challenges facing Indian Economy - 50 Periods
Human Capital Formation: How people become resource; Role of human capital in economic development; Growth of Education Sector in India
Rural development: Key issues - credit and marketing - the role of cooperatives; agricultural diversification; alternative farming - organic farming
Employment: Growth and changes in workforce participation rate in formal and informal sectors; problems and policies.
Sustainable Economic Development: Meaning, Effects of Economic Development on Resources and Environment, including global warming.
Unit 8: Development Experience of India: - 12 Periods
A comparison with neighbours India and Pakistan
India and China
Issues: growth, population, sectoral development and other Human Development Indicators.
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