Ramesh Singh’s book offers a thorough and detailed analysis of the Indian economy. Students studying for the UPSC (Union Public Service Commission) exams and those curious about India’s economic system frequently consult it.
BOOK Summary
The book addresses many different subjects, such as:
- Economic growth and development: Discusses the basic concepts and definitions, uses and transfer of resources, and the impact of economic policies.
- Agriculture, industry, and services: Examines the major sectors of the India economy and their latest developments.
- Inflation, banking, and the external sector: Provides insights into the monetary policy, fiscal policy, and international trade aspects.
- Policy approach and reforms: Looks at the ‘Agile’ policy approach and transformative reforms in the economy.
- Social sector: Reviews the social sector, including health, education, and social welfare.
- New topics: Includes contemporary issues such as digital infrastructure, semiconductor sector, e-commerce, and digital financial services.
Updated with the most recent information and findings, such as the Union Budget 2023-241 and the Economic Survey 2022–23, is the most recent version of the book. It is a useful tool for exam preparation because it provides sample questions, answers, and explanations for both the preliminary and main exams.
It is advised that individuals wishing to learn more about the topic go chapter by chapter through the book, beginning with the introduction, in order to obtain a basic grasp of the Indian economy and its past. Additionally, because the economy is a dynamic subject, it is imperative to stay up to speed with the newest economic news and trends.
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