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Course Description
Faculty: Ravindra N Jha

Start Date -23 – Dec – 2018

Course Duration: 3 Months

Class Duration: 2 to 2.5 Hrs.


1. Indian Economy in Pre-Independence Era: Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.

2. Indian Economy after Independence:

A The Pre Liberalization Era:

(i) Contribution of Vakil, Gadgil and V.K.R.V. Rao.
(ii) Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture,
(iii) Industry Trends in composition and growth, Role of public and private sector, Small scale and cottage industries.
(iv) National and Per capita income: patterns, trends, aggregate and Sectoral composition and changes their in.
(v) Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.

B The Post Liberalization Era:
(i) New Economic Reform and Agriculture: Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system, Impact of public expenditure on agricultural growth.
(ii) New Economic Policy and Industry: Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals.
(iii) New Economic Policy and Trade: Intellectual property rights: Implications of TRIPS, TRIMS, GATS and new EXIM policy.
(iv) New Exchange Rate Regime: Partial and full convertibility, Capital account convertibility.
(v) New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.
(vi) New Economic Policy and Monetary system. Role of RBI under the new regime.
(vii) Planning: From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments.
(viii) New Economic Policy and Employment: Employment and poverty, Rural wages, Employment Generation, Poverty alleviation schemes, New Rural, Employment Guarantee Scheme.

Included Test Series:

Paper II :- 5 Test

Course Curriculum

Lecture 001(Paper – II) – Growth record of Indian Economy FREE 01:55:00
Lecture 002(Paper II) – Growth record 01:06:00
Lecture – 003(Paper – II)- Growth record-story of sustained saving & investment 01:51:00
Lecture – 004(Paper – II) – State level growth & Demography – Demographic Transition 01:30:00
Lecture 005(Paper – II) – Demographic Dividend & Economics Growth & Poverty – Tendulkar Committee 01:56:00
Lecture – 006(Paper – II) – Poverty Rangrajan Committee 01:46:00
Lecture – 007 – Service Sector FREE 01:40:00
Lecture – 008(Paper – II) – Agriculture – Performance of agriculture 01:45:00
Lecture – 009(Paper – II) – Agriculture – Green Revolution 01:44:00
Lecture 010(Paper – II) – Agriculture -Price Policy 01:31:00
Test Series- 004(Paper-II) 00:02:00
Lecture 011(Paper – II) – Industry 01:34:00
Test 007 – Paper II 02:00:00
Lecture 012(Paper – II) – Industry industrial performance 01:42:00
Lecture 013(Paper – II) – Industry MSME problems & policy & PSE 01:39:00
Test 009 – Paper II 02:00:00
Lecture-015 External sector 01:42:00
Lecture-016 Fiscal sector reform & GST 01:26:00
Lecture-017(Paper ll) – India’s Financial Sector- Banking reform 01:49:00
Lecture – 018(Papar ll) – WTO & INDIA (Paper – I & II) 01:37:00
Lecture – 019( Paper II) – Foreign exchange mgmt in India/CAC & Inequality 01:37:00
test 012 – Paper II 02:00:00
Lecture – 020( Paper II) – Land refirm/Human capital 01:32:00
Discussion of test 04 & 07(paper-II) FOR correct sequence of question discussed in class follow this question paper (attached) 02:02:00
Test 004(Paper II) 01:00:00
Test 007(Paper II) 02:00:00
Model Ans Test 04(Paper II) 00:00:00
Model Ans Test 07(Paper II) 02:00:00
Modal Ans Test 012 – Paper II 02:00:00
Current Topics – NITI aayog document for prelims & mains & Union Budget & Economic survey 1st class FREE 02:22:00
Lecture 002 – NITI AAYOG- STRATEGY FOR NEW INDIA @75 02:11:00
Lecture 004 – GS Economy 02:11:00
Lecture 006 – WTO/IMF/WORLD BANK & ECONOMIC SURVEY-Social sector 02:10:00
Lecture 007 – 11th Mar_1 01:45:00

Course Reviews


5 ratings
  • 1 stars0
  • 2 stars0
  • 3 stars0
  • 4 stars1
  • 5 stars4
  1. i have never seen a teacher like Ravindran N Jha sir …really salute to him …i m
    struggling for the clearity of concepts of economics ….but after enrolling in classroom
    program my concepts got crystal clear my basics ,my small small doubts .,,sir had
    cleared it very nicely ….really i m lucky enough to be a student of him ….who always
    supported me wherever i got stucked …test series also is very excellent it gives us an
    idea how to deal nd attempt questions ….i really recommend everyone who are
    intersted in taking Economics as optional pls take classes from him without any wastage
    of time ….instead of going here nd there …mistake which I hve done ….All the best to all
    of u nd once again very very thankful to sir
    Payal Gupta

  2. Economics Optional

    I had taken the Test series for economics optionals (civil services) at BLISS POINT STUDIES , conducted by Ravindra N jha. The questions were of good quality and the discussion classes post each test was very helpful.



    Zenden Lingzerpa

  3. Economics Optional Test Series

    I attended the test series for economics optional at Bliss Point Studies and I found it
    very useful. The tests were of UPSC standard and the checking really helped me
    improve my content for the actual exam. The test discussions with Jha Sir helped solve
    the doubts in a lucid manner. Also the staff, especially Khan sir was very very
    supportive and cordial all throughout.”
    (AIR – 112)

  4. Test Serries

    The test series at Bliss Point helped me in my preparation of Economics optional and in objectively evaluating my performance. The flexibility to write the tests as and when convenient was an added bonus. Ravindra Jha Sir was a big support and provided guidance not only for Mains but also for the interview.

    AIR – 337

    Score UPSC Civil Services 2017: Paper 1: 120/250; Paper 2: 141/250 (Total 261/500)


    ROLL NO-0012783

  5. Economics Optional

    I did economics paper 1 & paper 2 course under the guidance of Ravindra Jha sir at Bliss Point studies. With a pre requisite of a good ncert base one can complete the ten months vast optional syllabus in just 4-5 months in an easy interpretation and develop command over it writing the test series which is the most effective part that boosts one’s confidence and preparation both.

    Pranay Mohan

  6. Test Series

    The test series provided by Ravindra Sir is highly beneficial. It provides a comprehensive coverage of all the topics. More importantly the test discussions are very useful for understanding the correct answer writing approach. I have gained immensely from the guidance of Ravindra Sir.

    AIR – 204

    Score UPSC Civil Services 2017: Paper 1: 143/250; Paper 2: 142/250 (Total 285/500)


    ROLL NO-0153979

More Reviews

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