Inconsistent growth rate, Low growth rates of agriculture and manufacturing sectors, inflation and oil prices, current account deficit and unfavorable balance of payments, falling rupee value, growing NPAs and capital infusion - money laundering and black money - Insufficient financial resources and deficiency of capital, Lack of Inclusive growth and Sustainable development - Nature, causes, consequences and solutions of these problems.
Sources of financial resources for public and private sectors - budgetary resources – tax revenue and non-tax revenue – public debt: market borrowings, loans and grants etc., external debt from multilateral agencies foreign institutional investment and foreign direct investment – desirability and consequences of utilizing different sources – Monetary and fiscal policies - financial markets and institutions of developmental finance – investment in industries and infrastructure projects - Physical resources – Energy resources.
Budgetary resources and constraints - Fulfillment of the conditions of A.P Bifurcation Act – central assistance and issues of conflict - public debt and projects of external assistance - Physical resources - Mineral and forest resources – Water disputes with neighboring states
Structure of Government budget and its components – Budgeting process and recent changes - of - Types of budget – types of deficits, their impact and management – Highlights of current year’s union budget and its analysis - GST and related issues – Central assistance to states - Issues of federal finance in India, Recommendations of the latest finance commission.
Budget constraints – Central assistance and issues of conflict after bifurcation of the state – management of deficits - Highlights and Analysis of the current year budget – State finance commission and local finance in Andhra Pradesh.
Meaning of inclusion - Causes of exclusion in India – Strategies for and instruments of inclusion: Poverty alleviation and employment , Health and Education, women empowerment, social welfare schemes – Food Security and Public Distribution System – sustainable agriculture - Integrated Rural development -regional diversification - Public and partnership for inclusive growth – Financial inclusion, All Andhra Pradesh government’s current schemes for inclusive growth and financial inclusion - Public Distribution system and DWCRA.
Role of agriculture in economic development – Contribution of to GDP– Issues of finance, production, marketing – green revolution and changing focus to dryland farming, organic farming and sustainable agriculture – minimum support prices – agriculture policy – Swaminathan commission – Rainbow revolution.
Contribution to SGDP-Regional disparities in irrigation and agricultural development -changing cropping pattern - focus on horticulture and fisheries and dairying – Government schemes to promote agriculture in Andhra Pradesh.
Role of industrial sector in economic development – Evolution of industrial policy since independence - Industrial Policy, 1991and its impact on Indian economy – Contribution of Public Sector to industrial development in India – impact of liberalization and privatization and globalization on industrial development - Disinvestment and privatization - – Problems of core industries -Micro, small and medium enterprises, their problems and policy – industrial sickness and support mechanism – Manufacturing policy – Make-in India – Start up programme – NIMZs- SEZs, industrial corridors.
Incentives to industries – Industrial corridors in and SEZs in Andhra Pradesh - Bottlenecks for industrial development – Power projects.
Transport infrastructure: Ports, Roads, Airports, Railways – Major projects of transport infrastructure in India - Communication infrastructure - Information Technology –e-governance - Digital India – Energy and Power – Urban infrastructure – smart cities – urban environment - solid waste management - Weather forecast and disaster management – Issues of finance, ownership, operation and maintenance of all kinds of infrastructure – Public-private partnership and related issues – Pricing of public utilities and government policy – environmental impacts of infrastructure projects
Transport, Energy and ICT infrastructure – Bottlenecks – Government policy – Ongoing projects
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