PART II
SUBSDIARY FOR ALL THE HONOURS GROUP A, B, C, D

Paper II—Planning and Economic Development of India

PLANNING
Nature of Economic System—Capitalism, Socialism and mixed Economy—their characteristics, Merits & demerits, Significance of Planned economic system.
Meaning, objectives, scope and importance of economic planning-Types of economic planning-economic planning in an under developed economy.
Essentials of planning, steps in planning in India.
Economic development of India—Concept of economic development, Basis of economic development, Characteristics of a developing economy, Problems of economic development in a developing country

Role of state in growth and industrial development in a country. Features of Under-developed countries with special reference to India.
Obstacle to development and measures for economic development-physical and economic environment and its influence on the economic development of India.

Indian Agriculture—Importance and main problems in the development of Agriculture in India. Land Reforms in India. Sub-division and fragmentation of Land-holding—Fixation of ceiling, Consolidation of holding and Co-operative farming-Agriculture inputs such as fertiliser -irrigation and mechanisation— marketing of agriculture produce-problems of agriculture labour—Economic condition of Indian farmers-Rural indebtedness—Five Year-Plans and Agriculture- New Agricultural policy of the Government of India — Food problem and food production in India. Food security in India.
Problem of industrialisation in India, Industrial policy of the Government of India -Licensing policy-Growth of Public-Sector—Large- Scale Industries—Problems and present position -Iron and Steel, Cement, Cotton Textile -Jute, Sugar, Importance of a Small Scale and Cottage Industries, Problems of Rural Artisans -Industries and Five-year-Plans.
Trends and Special features of Foreign Trade-Tarriff protection.
Means of Transport -Development of Railways and Road Transport.

Books recommended :
1. A-W Lewis— Principles of Economic Planning.
2. Dutta and Sundaram— Indian Economy.
3. M. L. Jhingan— Economic Growth and Development.
4. Alak Ghosh— Indian Economy.
5. K. N. Prasad— Problems of Economic Development.
6. Charan Singh— Economic Nightmare of India, its causes and cure.
7. K.P.M. Sundharam— Indian Economy.
8. C.B. Memoria— Bharat ka Arthik Vikas.
9. Saxena, Krishna Sahai—Bharat Ka Arthik Vikas.