Business Environment and Indian Economy
Subject Overview
Business Environment and Indian Economy covers the political, economic and legal environment of business in India, the public sector, consumerism and ecological environment, the technological and international environment (globalization, WTO, SEZs), and the structure of the Indian economy including unemployment and development strategies across sectors. A 4-credit core theory paper.
Unit-wise Syllabus
4 units — click WhatsApp below to get the full notes for each
Unit 1: Political and economic environment
Internal/external and micro/macro business environment, political institutions and state intervention, economic systems, industrial policy and licensing, economic reforms, recession effects, economic planning objectives and five-year plans, monetary and fiscal policy
Unit 2: Legal, public sector and ecological environment
Company regulatory legislation, FEMA, EXIM policy, Competition Law, RTI Act 2005, public sector concepts and performance, disinvestment and privatization, deficit financing, consumer protection and CoPRA, green management, carbon footprinting, Environment Protection Act 1986
Unit 3: Technological and international environment
Impact of technology on business, technology policy and IPR, technology transfer problems, globalization, FDI regulation, MNCs, WTO, trading blocks, SEZs/EPZs/EOUs, dumping and anti-dumping measures, framework and demographics of the Indian economy, rural-urban migration, poverty and inequality
Unit 4: Development strategies
Unemployment nature and government policies, employment trends in organized/unorganized sectors, agricultural pricing/marketing/financing, changing structure of India's foreign trade, infrastructure development (energy, transport), social infrastructure (education, health, gender), social inclusion financing