GS Economy UPSC CSE Prelims cum Mains Module Course: Complete course on Indian Economy for UPSC Civil Services Preliminary and Mains General Studies paper 3. Sukail Sulthan’s GS Economy UPSC CSE Prelims cum Mains module course covers the complete Economics part of Preliminary and Mains General Studies, Essay and Interview. Basics of Economics, applied understanding of Economics (Indian Economy) and economic policies of RBI and Government of India, GS Indian Economy syllabus topics of UPSC Preliminary and Mains GS Paper 3, current Union Budget, recent Economic Survey Government of India and Economy current affairs topics are comprehensively covered in our GS Economy UPSC CSE Prelims cum Mains module course. Economics / Indian Economy related topics of UPSC CSE Mains General Studies Paper 1 and Paper 2 are also included in this course. Live interactive online Indian Economy course for UPSC CSE Preliminary and Mains GS Paper 3 clearing all doubts related to UPSC Indian Economy. Classes by Sukail Sulthan. Course duration 2 months. New batch begins EVERY MONTH.

GS ECONOMY UPSC CSE Prelims cum Mains Module Course Syllabus:

• Introductory Class. GS Economy Syllabus. Strategy for UPSC Economics Preparation. Framework on Indian Economy. Important developments in Economics

• Basic Concepts of Economics. Basic Economic Principles. Basic Economic Problems and Solutions.

• National Income of India. Basics. GDP, GNP, NNP, GVA, Per Capita Income etc. Measurements and Trends of National Income in India. Distribution of National Income and Per Capita Income in India. Factors affecting National Income etc.

• Economic Growth and Development of Indian Economy. Basic Economic theories to understand the economic development process of Indian Economy. Structural changes of Indian Economy. Phases of India’s economic development. Economic Development Strategies. Inclusive growth and issues arising from it. Sustainable development etc.

• Evolution of Indian Economy – Economy from Indus Valley Civilization to 1600 AD. Indian Economy under British rule from 1600 AD to 1947. Indian Economy on the eve of independence. Pre- liberalization Era of Indian economy from 1950 to 1990. Post liberalization Era of Indian Economy from 1991 to Present – important points for UPSC CSE GS Prelims and Mains.

• Economic Planning in India. Types of Economic Planning. Mobilization of Resources. Indian economy and issues relating to Economic Planning. Change from Centralized planning to indicative planning in India. Changing role of Government and Market in the economy. 1st Five Year Plan to 12th Five Year Plan. Decentralized planning in India and 73rd 74th Constitutional Amendments. Planning Commission & NITI Aayog. Role, Functions and challenges of NITI Aayog etc.

• Macroeconomic Stabilization Policies and Macroeconomic Stability of Indian Economy. Basics. Policy instruments etc.

• Indian Public Finance / Fiscal Policy. Role and Functions of Government in an Economy. Fiscal Federalism. Fiscal Consolidation. Centre State Relations. Cooperative Federalism. Finance Commission of India and its latest Report etc.

• Indian Tax System. Principles of Good Taxation. Progressive, Proportional and Regressive taxation. Taxation in India. Direct Taxes and Indirect taxes. Tax Reforms in India. GST, DTC. Limit to Taxation. Tax incidence and Tax impact. Mobilisation of revenues by the Government of India etc.

• Government Expenditure Policy in India. Basics. Principles of Public Expenditure. Classification of Public expenditure. Plan & Non Plan expenditures. Public expenditure management and Keynesian Principles. Effects of Public expenditure in Indian Economy etc.

• Government Budgeting in India. Types of budget. Budgeting methods. Budget basics. Revenue and Capital Accounts. Indian Budgetary System. Performance Budget. Gender Budget. Outcome Budget etc. Types of Deficit. Reasons & Solutions for deficits. FRBM Act etc

• Public Debt / Government Debt - Types, Reasons and Solutions. Government Borrowing. India’s Public Debt Ratio. Internal and External debt of Central and State Governments. Impacts of Public debt, etc.

• Money and Banking. Basics. Demand and Supply of Money. Measurement of Money Supply, M1, M2, M3, M4 and applications. Operation of Indian Money Market etc.

• Monetary Policy of India. Basics. RBI Monetary Policy Objectives and Roles. Monetary Policy and Money Market operations. Monetary Policy instruments. Bank Rate, CRR, SLR, Repo Rate, Reverse Repo, Marginal Standing Facility MSF, Treasury Bills, Call Money Rates etc. Monetary Policy Committee. Commercial Banking System in India, NBFIs, Monetary Policy in India since 1991 etc.

• Inflation and its dynamics in India. Basics. Types of Inflation, Causes of inflation. Remedies to solve inflation. Nature of Inflation in India. Effects of inflation. Wholesale Price Index WPI, Consumer Price Index CPI. Inflation & Economic Growth. Price Management System in India, etc.

• Indian Stock Market / Indian Capital Market. Basics. Primary and Secondary Stock Markets and related terms. IPO, FPO, Right issue, Private Placement etc. Speculators. Bull Market and Bear Market. BSE Sensex and NSE Nifty, Nifty 50. Role and functions of SEBI. Mutual funds. Capital Market Reforms in India. Social Stock Exchange etc.

• Black Money. Basics. Sources of black money in India and its effects on white economy. Parallel economy in India. Issues Related to Black Money. Double Taxation Avoidance Agreement. Government of India and RBI measures to curb black money.

• Balance of Payment (BOP). Basics. Current and Capital Accounts of BOP. BOT. Adjustments, BOP BOT Deficits Reasons and Solutions. India's foreign trade. India’s trade baskets. Trade blocks. Trade Relations and Trade Agreements. Free trade. Deglobalization. Trade Protectionism: Tariff, Non-tariff barriers and other measures. Trade war. Dumping, Trade as an engine of economic growth and development. New Economic Policy and India’s foreign trade. New EXIM Policy etc.

• World Trade Organization. Ministerial Conferences of WTO from Singapore to recently held WTO Ministerial Meeting. WTO and Indian Economy – issues and solutions. Implications of IPRs, TRIPS, TRIMS, GATS, Domestic Measures, AoA, DDA, Subsidy Boxes etc.

• Currency Exchange Rates. Basics. Foreign Exchange Rate Determination in India. Fixed, Flexible and Managed Floating Exchange Rates. New Exchange Rate Regimes. Forex. Appreciation, Depreciation, Devaluation Revaluation of Indian Rupee and effects on Indian Economy. Currency War, REER, NEER etc.

• Convertibility of Currency in India. Basics. Current and Capital Account Convertibility in India, Full convertibility. Stability of Rupee and Indian Economy. Tarapore Committee on Convertibility. The Pros and Cons of a Fully Convertible Indian Rupee etc.

• Foreign Investments and Indian Economy. Basics. Foreign Direct Investment (FDI) in Indian Economy. Types of FDI. Routes of FDI. FII, FPI NRI investments. MNCs. External Commercial Borrowing, ADR, GDR, IDR. FDI FII Limits. Tobin Tax etc.

• IMF, World Bank, ADB, AIIB, BRICS Bank (NDB), OECD and other important international institutions and Indian Economy

• Economic Reforms in India. Effects of Liberalization, Privatisation and Globalization on the Indian Economy. New Economic Policy in India. First & Second Generation of Economic Reforms in India, etc.

• Land Reforms in India. Ceiling on land holdings. Tenancy Reforms, Cooperative farming etc.

• Indian Agriculture. Major crops, cropping patterns in various parts of the country. Different types of irrigation and irrigation systems, storage, transport and marketing of agricultural produce and issues and related constraints; e-technology in the aid of farmers. Indian Agriculture & WTO opportunities, issues and solutions etc.

• Subsidies in India. Basics. Incidence, effects and outcomes of subsidies in India. Issues related to direct and indirect farm subsidies. Minimum Support Prices MSP etc.

• Public Distribution System PDS objectives, functioning, limitations, revamping; issues of buffer stocks and food security. Impact of public expenditure on Indian agriculture growth. Technology missions. Economics of animal- rearing.

• Food Processing and related industries in India. Scope and significance, location, upstream and downstream requirements, supply chain management system. Capital formation in Indian agriculture.

• Indian Industry - trends in composition and growth. Strategy of industrialization in India. Changes in industrial policies and their impact on Indian Economy. Index of Industrial Production IIP. New Industrial Policy 1991, Disinvestment of PSUs etc.

• Infrastructure and Indian Economy: Energy, Ports, Roads, Airports, Railways etc.

• Investment Models. Infrastructure policies of Government of India. PPP, BOT, BOOT etc.

• Urbanization in India. Smart Cities Mission. Urban Planning in India. Urbanization, Problems and Remedies. Rural development process in India. Smart Villages: A Sustainable model. PURA etc.

• Poverty. Types, nature, trends, issues related with poverty. Measures of poverty in India, Poverty Line. APL, BPL. Poverty Alleviation Schemes in India etc.

• Inequality. Measurement of Inequality. Gini Coefficient, Lorenz Curve. Magnitude of inequality in India since 1991. Policies to reduce inequality in India. Hunger Malnutrition etc

• Unemployment and Employment. Basics. Types, nature, and solutions of unemployment. New Economic Policy and employment. Employment generation schemes, MGNREGA etc.

• Welfare Economics. Basics. Measurements of human welfare. Welfare Indicators. Human Development Index HDI, PQLI, World Happiness Index. Gender Inequality Index. Women Empowerment and economic development of Indian Economy. Basic Needs Approach. Human Capital Formation. Social sector initiatives by Government of India

• Demographics of India. Basic theories of population. India’s Population trends, Population: Boon or Bane?. Demographic Dividend. Demographic Transition. Latest Population Census of India.

• Environmental Economics. Basics. Balancing Economic Development with Environment. Disaster Management. Carbon Tax. Pollution and environmental costs. Environmental Sustainability. Resources. etc.

• Budget & Economic Survey. Union Budget & Economic Survey Government of India - Comprehensive analysis for IAS UPSC Civil Services Preliminary and Main Exams.

• Economy Current Affairs. Complete one year Indian Economy Current Affairs for UPSC CSE Prelims, Mains and Interview.

• Mock Tests for UPSC CSE GS Economy Prelims & Mains with detailed discussion.

REFERENCE BOOKS | STUDY MATERIALS

*Our GS ECONOMY UPSC CSE Prelims cum Mains coaching classes with test series and revised study materials are enough for correctly answering all Economics (Indian Economy) related General Studies, Essay and Interview questions in upcoming Civil Services Preliminary and Main Examinations.

Note: UPSC Civil Services General Studies Preliminary and Main Exams related Economics (Indian Economy) entire syllabus topics including basics and current topics from various sources like NCERT books ( i.e. ECONOMICS Textbook for class IX NCERT, UNDERSTANDING ECONOMIC DEVELOPMENT Textbook for class X NCERT, INDIAN ECONOMIC DEVELOPMENT Textbook for class XI NCERT, EVOLUTION OF INDIAN ECONOMY Textbook class XI old edition NCERT, INTRODUCTORY MACRO ECONOMICS Textbook in Economics for class XII NCERT, INTRODUCTORY MICRO ECONOMICS Textbook in Economics for class XII NCERT), Economic Survey Government of India, Union Budget, Press Information Bureau (PIB) Government of India, RBI Publications & Reports, Ministry of Finance Government of India Reports, NITI Aayog Reports, World Bank, IMF,UNDP, WTO Publications and latest Reports, Government of India and RBI appointed Committee Reports, Indian Economy by Dutt & Sundaram, Indian Economy by Sukail Sulthan, Indian Economy by Uma Kapila, The Hindu, Business Line, The Economic Times are included in our GS ECONOMY UPSC CSE Prelims-cum-Mains coaching Program for IAS.

Economics At Its Best. Learn Economics for IAS with Sukail Sulthan, India’s best Economics teacher for UPSC CSE IAS coaching in Delhi and Thiruvananthapuram since 2003. Sukail Sulthan Classes provides India’s best UPSC CSE GS Economics (Indian Economy) coaching for IAS in Delhi and Thiruvananthapuram.

UPSC IAS Economy Test Series & Crash Courses

GS Economy UPSC IAS Prelims Test Series. Total 12 tests inclusive of the latest Economic Survey and Union Budget. Classroom/ online mock test series offered. Batches begin in March, April and May.

GS Economy UPSC IAS Mains Test Series. Total 17 practice tests: 6 Fundamental + 5 Applied + 6 Full Length tests with detailed discussion. Classroom/ postal/online test series offered. New batch begins 10th of EVERY MONTH.

GS Economy UPSC IAS Mains Crash Course. Coaching duration 10 days. UPSC IAS Mains General Studies Economics (Indian Economy) coaching program consists of Live online / classroom teaching, study materials and total 8 practice tests. Batches begin in June, July and August.

Budget & Economic Survey. Special Classes on the latest Economic Survey and Union Budget - detailed analysis for IAS UPSC Civil Services Exam. Coaching duration 12 hours. Batches begin in February, March and April. For more details Call: 8592900700.

* Library / Reading Room Facility Available 24 x 7.
* Accommodation / Hostel facility with or without food can be arranged.