ECONOMIC AND SOCIAL DEVELOPMENT

 Economic and Social Development

Economic growth and development – basic concept and definition of Economy and economics, uses and transfer of resources, distributive effects, macro and microeconomic policy, micro-macro balance, distributive impact of economic policies, development versus growth, determinant of growth and development, concepts such as HPI/MPI, HDI, PQLI, GEM, GDI/GII, TAI, Green index, sustainable development, India’s ranking in the various indices.

Poverty – definitions, causes, distribution-deprivation, income versus calories, measurement of poverty, the status of poverty, eradication programmes, poverty and resource policy, tribal rights and issues, livelihood mission.

Inclusion – definition, relevance, types, financial inclusion, recent initiatives.

Demographics – census data, populations by gender, by state, by age group, socio-economic status, caste, religion, literacy levels, etc. Trends in human development – interstate comparison, etc.

Fiscal policy – definition, component, receipts, revenue and capital account, tax revenue, expenditure, budget.