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                     MA (ECONOMICS) 
                     FINAL SEMESTER 
                        MAECO503 
             INDIAN AND NORTH EAST ECONOMY 
                             
        
        
        
        
        
        
        
        
        
        
        
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                                                            BOARD OF STUDIES 
                   1.      Prof. S.K Nayak                                                    
                           Head                                                              Chairman (Ex-officio) 
                           Dept. of Economics, RGU 
                                                                                             Member 
                   2.      Prof. A. Mitra 
                           Dept. of Economics, RGU 
                                                                                             Member 
                   3.      Prof. (Ms.) V. Upadhyay 
                           Dept. of Economics, RGU 
                                                                                             Member 
                   4.      Prof. N.C Roy 
                           Dept. of Economics, RGU 
                                                                                             Member 
                   5.      Prof. M P Bezbaruah 
                           Dept. of Economics, 
                           Guwahati University, Guwahati 
                                                                                             Member 
                   6.      Dr. RajuMondal 
                           Dept. of Economics, 
                           Assam University, Silchar, Assam 
                                                                                             Member Secretary 
                   7.      Dr. LijumNochi 
                           Dept. of Economics, RGU 
                    
                    
                   Authors: - 
                    
                   Prof S.K. Nayak, Dept. of Economics, RGU (Unit: IX) 
                   Prof A. Mitra, Dept. of Economics, RGU (Unit: VI) 
                   Prof. V. Uphadhayay, Dept. of Economics, RGU (Unit: III & VII) 
                   Dr. A.K. Das, Dept. of Economics, RGU (Unit: II & V) 
                   Dr. D.B. Gurung, Dept. of Economics, RGU (Unit: IV & VIII) 
                   Mr. Babu Jyoti Gosh & Mr. Bhoirab Jyoti Konch, Research Scholar, Dept. of Economics, 
                   RGU (Unit: I) 
                   Ms. Apilang Apum, Asst. Prof. JTGDMC, Roing (Unit: X) 
                    
                    
                    
                    
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                                 SYLLABI-BOOK MAPPING TABLE 
                                                         PAPER NO: MAECO503 
                                                    Indian and North East Economy 
                  SYLLABI                                                                                           Mapping 
                                                                                                                    in Book 
                  UNIT-I:       NATIONAL  INCOME,  EMPLOYMENT  AND  PRICE   
                  BEHAVIOUR 
                  National  Income  -  Trends  in  National  Income  in  India  -  Rates  of  Growth  of 
                  National Income in India -  Causes for Slow Growth of National Income in India 
                  - Suggestions to Raise the Level and Growth Rate of National Income in India -
                  Sectoral Contribution or Distribution of National Income by the Industrial  Origin 
                  -Service  Led  Growth  -  Labour  Market  Reform  -  Labour  Policies  before  the 
                  Reform  Era  -  Labour  Policies  and  the  Reform  Era  -  Social  Safety  Net  for 
                  Workers - Inflation: Recent Trends in Prices in India and Its Causes - 16              Recent 
                  Trends in Prices in India - Recent Rise in Inflationary Pressure- Price Stability - 
                  How is Price Stability Measured? - Why is   Price  Stability  Important?  -  What 
                  are the Factors that Affect Price Stability? - How is Monetary Policy Used to 
                  Achieve Price Stability? 
                                                                                                                     
                  UNIT-II: AGRICULTURE 
                  Growth  and  Productivity  -  Economic  Reforms  and  Indian  Agriculture  - 
                  Agricultural policy - Land Reform 
                                                                                                                     
                  UNIT III: INDUSTRY 
                  Evolution of Indian industries: An overview - Industrial Policy Resolution of 
                  1948 - Industrial Policy Resolution of 1956 - Public Sector in India  
                                                                                                                     
                  UNIT-IV: INFRASTRUCTURE 
                  Different  Types  of  Infrastructure  -  Physical  Infrastructure  -  Financial  Infrastructure  - 
                  Social Infrastructure -   Institutional Infrastructure: Market -  Financing 
                  Infrastructure: Problems and Policies - Sources of Infrastructure Finance 
                                                                                                                     
                  UNIT-V:  PUBLIC FINANCE AND ECONOMIC REFORMS 
                  Trends in Revenue and Expenditure of Central and State Governments - Public 
                  Debt - Tax Reforms in India - Deficit Financing and Price Behaviour in India - 
                  Economic Reforms - WTO and Indian Economy - Foreign Capital and MNCs 
                  (Multi-national Corporations) 
                                                                                                                     
                  UNIT –VI: STRUCTURE OF NORTH EAST ECONOMY 
                  North East Economy: An overview -  Basic  Features  of  North  Eat  Economy  -
                  Relative Performance of North East Economy - Economic Performance of the 
                  Region -Level and Growth of NSDP are per-capita NSDP -  Changing                      Sectoral 
                  composition of state income and Sectoral Contribution to the Growth of Income 
                  with  respect  to  Arunachal  Economy.  -  Natural  Resource  Base-Land,  Mineral, 
                  Water, food -Status of Human Development in N.E. India 
                                                                                                                     
                  UNIT-VII: AGRICULTURE IN NORTHEAST INDIA 
                  Agricultural Practice in the region: Permanent cultivation, shifting cultivation and 
                   
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                its effects, jhum cultivation and the problem of induction of new technology. - 
                Land Tenure and Problem of Agricultural credit - Land Use Pattern and Cropping 
                Pattern in Northeast India- Need for land reform with reference to Arunachal 
                Pradesh - Agricultural Productivity in Northeast India 
                                                                                                         
                UNIT  –  VIII:  DEVELOPMENT  OF  SECONDARY  AND  TERTIARY 
                SECTOR IN NORTHEAST INDIA 
                Present Status of Industries in Northeast Region - Industries in North Eastern 
                Region - Distribution of Micro, Small, Medium Enterprise in NER - Factors Inhibiting 
                the growth of Industries in North East - Infrastructure     Development:      Power, 
                Transport, Communication - Market and Banking 
                                                                                                         
                UNIT- IX: FISCAL ISSUES OF NORTH EASTERN STATES (section - I) 
                Receipts – Expenditure - Concept of Deficit- Expenditure – Deficits - Outstanding 
                Debt and Liabilities - 14th Finance Commission’s recommendation in share of 
                Central Taxes  
                                                                                                         
                UNIT-X: FISCAL ISSUES OF NORTH EASTERN STATES (section - II) 
                Types of Planning - Economic Planning in India - Five Year Plans and North 
                Eastern States of India - Problems and Prospects of North East Economy in the 
                background of economic liberalisation of India- Opening of NE economy