ncome of India-estimates, Interregional variations of national income. Unit II Human Resources and Economic Development – Demographic Features of Indian population, size and growth of population and economic development. Problem of over population, Population policy. Human development Index. New Economy Policy; - Privatization, Liberalization, Globalization. Unemployment problem in India; Problem of Poverty. Unit III Industrialization- Growth and problems of major industries-Iron and Steel, Cotton Textiles, Cement, Sugar and Petroleum. Industrial policy. Small scale industries-Problems and policy. Regional imbalances, Parallel Economy. India’s foreign trade and balance of payment. Unit IV Indian Finance System, Taxation structure, mobilization of resources for development, Taxation and fiscal policy. Economic Planning- Importance of planning for Economic development, Salient features of India’s five years plans priorities-target achievements, factors affecting successful implementations of plans.