Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment
This topic is quite broad as it in itself covers most of the static part of the Economics. But the questions which are asked are of dynamic nature, so it advised to go through NCERTs first and then hop on to a single reference book, complementing your preparation with Newspapers and Magazines. It is also recommended to study about various government schemes and programmes feeling in mind the benefits and its impact.
This subtopic deals with the concept of Inclusive Growth and issues and challenges attached to it such as measures, methodologies and the strategy which needs to be adopted to achieve inclusive growth.
This part covers the budgeting aspect of the Indian economy, the way it is prepared, put out in the parliament, procedures for its passing and the final stage of getting enacted and applied. This topic has to be looked at from two perspectives, firstly procedural (Polity) and secondly efficacy, need and shortcomings (Economics).
Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth
This subtopic covers issues concerning one of the most important topics touching the Economy of India i.e. Liberalization, Globalization and Privatization (LPG) and the effects that LPG policies have on the economy and the industrial growth.
This part of the Indian Economy deals with various infrastructure issues important for development such as Energy, Airport, Sea Port, Railways and likes, it also concerns about the issues which plague them such as delays in projects, monetary issues etc.
This topic deals with investment models concerning Infrastructural development such as Road construction, Airport development or in fact any type of infrastructure creation. Issues such as Types of investment, Investment models, Investment strategies in India, PPPs, etc. are dealt with in this topic.
This subtopic is a mix of Geography, Science and Economics, and therefore it should be looked at from all the three perspectives.
There are several sub-parts to this topic, i.e. encompassing broader issues from Farm subsidies to Minimum support prices, from the Public Distribution system to Buffer stock, and lastly small topics like Technology Mission and Animal rearing.
Farm subsidies subtopic must be looked at from an analytics perspective, i.e. studying about its objectives, functioning and the lacunae if any, and the solutions for improvement. Minimum support price issue is a very current and hot topic, which is very dear to UPSC, this topic must be studied very minutely and exhaustively.
This sub-topic has lately been in news very much and thus its importance is also considerably high. It covers issues such as Land tenure system during British, and then post-independence reforms such as Land ceiling policy, Tenancy reforms, and various movements related to land reforms and the recent acts and policies concerning land reforms.
Copyright© Aspire IAS Academy. All rights reserved. Powered by CLT Technologies & Edu-Publishers Private Limited.