Indian Economy in the Pre-British
Erastructure and organization of villages
village communities were small self
1/6th -1/3th of agricultural produce to Muslim
Nawab or Hindu King.
Panchayat: three distin
The National Sample Survey Office (NSSO), Ministry of
Statistics and Programme Implementation releases the
key indicators of Employment and Unemployment in India.
The NSSOs surveys on employment and unemployment
Source: Report by RBI
MAIN FEATURES AT THE TIME OF
Preponderance of consumer goods industries vis-vis capital
goods. Ratio being 62:38
Three stages of industrial development
1st : Processing of primary goods
Enterprises: Investment in plant and machinery
In 1966 Small enterprises: less than 7.5 lakhs;
1975 raised to 10 lakhs and 20 lakhs in 1980.
As per 1991 Industrial policy 35 lakhs.
MSME Development Act 2006
Micro: Does not exc
Irrigation and other agricultural inputs
Need for artificial source of irrigation
Sources of irrigation: canals, wells and tube
During the 50 years, 231,400 cr. Rs. spent
on various major, medium and minor
The starting point would be nutritional requirement
per person per day. 2400 calories per person per day
in rural areas and 2200 in urban areas.
Next aspect is to translate nutritional requirement into
monetary terms. This require
Foreign Trade and
Free trade vs Protectionism
Free trade implies having low or no barriers
for the flow of goods and services between
Protectionism implies putting restrictions to
trade in form of tariff or non-tariff barr
EXPORT PROMOTING ZONES
India established its first EPZ in 1965 in Kandla
(Gujarat) followed by the Santa Cruz Electronic
Export Processing Zone (SEEPZ) in Bombay
(now Mumbai) in 1972.
In 1984 EPZs were established in Cochin
Demographic constraints or
Theory of demographic transition
Relation between birth and death rate with the income of an
First stage at low income level: both death and birth rate are high
leading to low population growth.