Old Economy NCERT Class 11 Download Free [English Medium]
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Why Reading Class 11 Old Economy Book is Important?
This book gives us a good account of historical economic development in the country. It talks about the state of the Indian Economy before and after Independence, talks about levels of Poverty, Hunger, Unemployment in the country.
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Here is the Index of the Book
Unit 1: DEVELOPMENT POLICIES AND EXPERIENCE (1947-1990) – The two chapters in this unit give us an overview of the state of the Indian economy as it was at the eve of independence till after four decades of planned development, which was a path that India chose. This meant that the Government of India had to take a series of steps such as the establishment of the Planning Commission and the announcement of five-year plans. An overview of the goals of five-year plans and a critical appraisal of the merits and limitations of planned development has been covered in this unit.
- INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
- INDIAN ECONOMY 1950-1990
Unit 2: ECONOMIC REFORMS SINCE 1991 – After forty years of planned development, India has been able to achieve a strong industrial base and became self-sufficient in the production of food grains. Nevertheless, a major segment of the population continues to depend on agriculture for its livelihood. In 1991, a crisis in the balance of payments led to the introduction of economic reforms in the country. This unit is an appraisal of the reform process and its implications for India.
- Liberalization, PRIVATISATION, AND GLOBALISATION: AN APPRAISAL
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Unit 3: CURRENT CHALLENGES FACING THE INDIAN ECONOMY- Some of the most challenging issues facing India today are poverty, development of rural India, and building infrastructure. We are a billion-strong country today and our human capital is the biggest asset; it needs investment in health and education. We also need to understand the concept of employment and the need for creating more employment in our country. We will also look at the implications of development on our environment and call for sustainable development. There is a need to critically assess government initiatives in tackling all these issues each of which has been taken up separately in this unit.
- POVERTY
- HUMAN CAPITAL FORMATION
- RURAL DEVELOPMENT
- EMPLOYMENT: GROWTH, IN-FORMALIZATION, AND OTHER ISSUES
- INFRASTRUCTURE
- ENVIRONMENT AND SUSTAINABLE DEVELOPMENT
Unit 4: DEVELOPMENT EXPERIENCES OF INDIA: A COMPARISON WITH NEIGHBOURS – In today’s globalised world, where geographical boundaries are slowly becoming meaningless, it is important for neighbouring countries in the developing world to understand the development strategies being pursued by their neighbours. This is more so because they share the relatively limited economic space in world markets. In this unit, we will compare India’s developmental experiences with two of its important and strategic neighbours — Pakistan and China.
- COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
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