Deltamind Economics

00:00 Introduction00:16 Supporters of mixed economy policies of India after Independence00:50 Critics of Indian economic policies01:14 How economy of a country functions - Expenditures and Revenues01:50 Fiscal Deficit02:08 Economic Condition of India in 1980s03:23 Reasons which forced India to ask for loan from World Bank and IMF04:05 $7 Billion loan granted04:31 New Economic Policy 199105:22 Stabilisation Measures05:47 Balance of Payments05:55 Structural Reform Measures

00:00 Introduction00:22 Import Substitution meaning00:38 Protection from Foreign Companies - Reasons01:30 Tariffs and Quota03:00 Growth of Industrial Sector in India after Independence and contribution to GDP04:00 Criticism of Public Sector Companies04:27 Modern Bread05:29 Public Sector Companies vs Private Sector Companies05:59 Misuse of License Raj06:30 Protection vs Competition debate07:28 Evaluation of Public Sector Companies

00:00 Introduction00:35 TISCO and IISCO00:59 Public Sector Company vs Private Sector Company01:30 Industrial Policy Resolution 195602:34 Three Categories of Industry in IPR 195603:03 License Raj03:49 Three types of Industries in India05:57 Small Scale Industries04:09 Village and Small Scale Industries Committee 1955 (Karve Committee)04:31 Small Scale Industry vs Large Scale Industry04:51 Assistance given by India Government to Small Scale Industry

00:00 Introduction00:41 Zamindari System00:51 Land Reforms01:05 Reasons for change of ownership of land to farmers01:35 Story about farmers in former Soviet Union02:10 Loopholes in Land Reforms02:30 Land Ceiling02:52 Loopholes in Land Ceiling03:20 Condition of Agricultural sector in India at the time of Independence03:48 Green Revolution04:13 2 main requirements of High Yielding Variety Seeds05:05 Risks in Green Revolution05:59 Marketed Surplus06:55 Subsidy08:07 Debate over Subsidy - For and against08:34 Prices as Signals10:13 Occupational structure and contribution to GDP by each sector in India in 1950 and in 1990

00:00 Introduction00:17 Types of Economic Systems - Market Economy or Capitalism01:29 Socialist Society02:00 Mixed Economy02:59 What is a Plan?03:35 Goals of 5 year plans03:50 Growth - Gross Domestic Product (GDP)04:17 Structural Composition of Economy - Agriculture, Industry, Service05:09 Structural Composition of Economy - India05:41 Modernisation06:17 Self-Reliance06:56 Equity

00:00 Introduction00:11 Condition of roads in India before British Rule00:17 Purpose of Road Construction in India by British Government00:37 Poor Condition of Rural Roads in India during British Rule01:00 Introduction of Railway in India01:10 How Indians were able to take advantage of Railways01:40 Disadvantage of introduction of railways to Indian economy02:05 Waterways developed by British Government in India02:12 Orissa Coast Canal02:26 Electric Telegraphs02:34 Postal Services02:42 Conclusion

00:00 Introduction00:07 Occupational Structure under British Rule00:20 Change in occupational structure in few parts of India00:50 Three sectors of economy - Primary Sector01:54 Secondary Sector of an economy02:48 Tertiary Sector of an economy

00:00 Introduction - Demographic Condition00:09 Demographic Transition00:24 First stage of Demographic Transition00:54 Reasons for high birth rate in first stage of demographic transition01:20 Second stage of Demographic Transition02:02 Third stage of Demographic Transition02:12 Reason for low population growth rate in third stage02:23 Three sectors of an Economy - Primary, Secondary and Tertiary03:20 Literacy Level03:24 Female Literacy Level03:29 Public Health Facilities03:45 Mortality Rate03:49 Infant Mortality Rate03:56 Life Expectancy04:02 Conclusion

00:00 Introduction00:13 British Government's foreign trade policy for India00:36 Consumers Goods vs Capital Goods00:54 British Government's monopoly over Indian trade01:15 Importance of Suez Canal01:52 History of Suez Canal: Why British Government had more control over Suez Canal?02:20 India was a Export Surplus country02:38 Why India was not getting the profit generated by export surplus?02:47 Adverse effect of surplus export on Indian economy03:06 Conclusion

00:00 Introduction00:12 Indian Handicraft industry in decline00:22 First reason of British government to not develop Indian industrial sector - Supplier of raw materials00:52 Industrial revolution in England01:42 Indian handicraft industry vs Machines in England02:04 Second reason of British government to not develop Indian industrial sector - Market for English products02:19 Unemployment in India02:35 Made in India vs Made in England02:45 Reasons for decline of Indian handicraft industry03:35 Establishment of Modern industry in India03:47 Cotton Mills and Jute Mills04:06 Iron and Steel Industry in India04:16 TISCO (Tata Iron and Steel Company)04:30 Lack of Capital Goods Industry05:17 GDP - Gross Domestic Product07:05 GVA - Gross Value Added07:08 Lack of Public Investment in New Indian Industrial sector07:25 Conclusion: What were lacking in Indian industrial sector