NCERT Books Class 11 Economics Indian Economic Development

CBSE Class 11 NCERT Books for Economics Indian Economics Development 

The National Council of Educational Research and Training (NCERT) provides remarkably well-curated NCERT books for Class 11 Economics Indian Economic Development. These books may be found on the NCERT website.

The NCERT books that cover Indian Economic Development for Class 11 Economics are especially beneficial for students studying for the CBSE. They have a positive and stress-free educational experience, which allows them to absorb a wealth of information. Because of this, the vast majority of educators in India favour using NCERT texts to educate students on the growth of the Indian economy.

Books assigned by the NCERT for Economics Class 11 Indian Economic Growth Students will learn the fundamentals of Indian economic development. These books explain the topics through the use of text, photographs, and diagrams.

NCERT Books Class 11 Economics Indian Economic Development

Class 11 
Board CBSE
Subject Economics
Medium  English
Study Materials Free study material is available.
PDF Solutions  PDF Available
Part 1 NCERT Economics Indian Economic Development  Book Class 11 PDF Download

NCERT Books for CBSE Class 11 Economics – Indian Economics Development

Book on Indian Economic Development from the NCERT for Class 11

The students are provided with an explanation of how India’s economy functions by reading the NCERT books for Class 11 Economics Indian Economic Development. It is important for the younger generation of the country to understand how the Indian economy functions. As a result, the 10 chapters of the NCERT books for Class 11 Economics Indian Economic Development include all of the essential topics that fall within the purview of the subject in a condensed curriculum that is divided into four divisions.

Because they simplify the presentation of difficult subject matter, the NCERT books for Class 11 Economics Indian Economic Development are also a considerable help for students preparing for exams given by the CBSE.

Let’s look at the most important chapters in the NCERT book for Class 11 on Indian economic development.

Chapter 1: Indian Economy on the Eve of Independence

The characteristics of the Indian economy and its growth following the country’s independence are discussed in the first chapter of the NCERT books for Class 11 Economics, which is titled Indian Economic Development. Understanding India’s economic history is essential to gain perspective on how everything started.

Students will understand the state the Indian economy was in during 1947. They will understand the primary elements that had a detrimental impact on the growth of the nation’s economy. India’s agricultural economy, occupational structure, and trade regulations all remained largely unchanged when the country was under the British colonial administration.

Readers will have an easier time understanding significant economic happenings with the help of the NCERT books for Class 11 Economics Indian Economic Development.

Chapter 2: Indian Economy (I950-1990)

The book Indian Economic Development provides an account of the post-independence efforts made by India to establish a secure economy. In it, how socialism and capitalism each played a significant part are dissected and analysed. Through this lesson, students will understand the significance of India’s economic planning tactics. The Five Year Plans, modernisation, equity, and self-sufficiency are all examples of these types of tactics.

This chapter also discusses significant actions that led to an increase in India’s gross domestic product. In addition, students understand the most significant drawbacks of the nation’s industrial sector.

Chapter 3: Liberalisation, Privatisation, and Globalisation: An Appraisal

In Chapter 3, we analyse how India was driven to modify its economic policies in 1991 by international organisations such as the World Bank and the International Monetary Fund. The chapter places emphasis on changes in both the industrial and financial sectors. The ideas of liberalisation, privatisation, and globalisation are the primary subjects covered in this book. It describes how the performance of the public sector can be enhanced through the use of privatisation. Globalisation is the end result of a chain of events that begins with privatisation and ends with liberalisation.

In addition to that, the NCERT books for Class 11 Economics Indian Economic Development have a chapter titled Chapter 3: Outsourcing as a Feasible Business Activity, which describes how outsourcing was a viable business activity. In addition, it addresses the goals the WTO has set for itself (World Trade Organization).

Chapter 4: Current Challenges Facing the Indian Economy 

In the fourth chapter of the NCERT Books for Economics Class 11, the issues of poverty that are currently facing India are discussed in Indian Economic Development. One will understand the distinctions between essential concepts such as absolute poverty and relative poverty.

This chapter also illustrates why approaches taken by the government, such as income- and expenditure-oriented policies, do not produce the desired results. This is because these policies do not consider several crucial characteristics associated with poor persons.

In addition, the chapter focuses on various government programmes to alter vital processes such as production, ownership, and other similar activities. Students will understand the various strategies available for reducing the prevalence of poverty in India.

Chapter 5: Human Capital Formation in India

In the chapter Indian Economic Development, which can be found in NCERT texts for Class 11 Economics, ideas such as human resources are explained. The students will easily understand the concepts of economic growth, human capital, and development.

After reading this chapter, students will better understand the significance of economic investment in India’s educational and medical sectors. Education gives people the ability to make more informed decisions about their lives. In addition, this is essential for the continued growth of a nation’s economy.

In addition, this chapter addresses issues with subjects such as human capital, economic growth, human development, and other such concerns.

Chapter 6: Rural Development

The article Indian Economic Development investigates important problems that are hindering rural development in India. Students will better understand the significance of rural development to the expansion of the Indian economy as a whole. Readers will get an understanding of the fundamentals of credit and marketing systems, as well as the reasons why they are essential to the development of rural areas.

The relevance of organic farming, particularly in rural areas where sustainable agriculture is essential to the health of both the economy and the environment, is discussed in this chapter. In addition, one will understand the significance of various activities, such as fisheries, livestock, and other non-agricultural activities, in contributing to the growth of rural areas.

Chapter 7: Employment: Growth, Informalisation and Other Issues

The fundamental causes of joblessness in India are investigated in detail in the seventh chapter. In addition to a general explanation of unemployment, it delves into more specific topics such as workers, workforces, and economic activity. The importance of aspects such as the different ways in which men and women participate in economic life in India will be introduced to students as they are given an overview of this topic.

In addition, the nature of unemployment and its scope are discussed in the NCERT texts for Class 11 Economics: Indian Economic Development. In addition, readers will be able to recognise the importance of creating employment opportunities across the nation in its many areas and industries.

The chapter includes several graphical representations and charts to give students an all-encompassing comprehension of difficult subject matter to make the material more accessible.

Chapter 8: Infrastructure

In the chapter of the NCERT books for Class 11 Economics titled Indian Economic Development, the relevance of infrastructure to the nation’s economic development is emphasised. Students will have the opportunity to familiarise themselves with important aspects of infrastructure, such as energy and health’s roles in society. In addition, the chapter highlights how partnerships between the public and private sectors are the primary source of funding for the construction of infrastructure.

Other topics that are discussed in this chapter include the dichotomies of urban and rural, as well as rich and poor. Alongside this, readers will understand the influence that India’s women’s health and the regulated private sector health services have had on the country’s overall economic growth. The potential for medical tourism in India is another significant aspect that will be covered here.

Chapter 9: Environment and Sustainable Development

The current economic progress in India has occurred at the expense of the country’s natural resources. Within the NCERT textbooks for Class 11 Economics, the chapter titled Indian Economic Development establishes the significance of a relationship between man and nature for the economy’s long-term growth.

Students will comprehensively understand the environment’s functions and the correct definition of those functions. This chapter covers important ideas such as carrying capacity and absorptive capacity, as well as population explosion, affluent consumption, environmental degradation, and resource depletion.

Lastly, the chapter changes the focus to the many strategies for ensuring sustainable development, such as conservation, reduction of environmental risks to the next generation, and promotion of natural resource use. These are some examples.

Chapter 10: Comparative Development Experiences of India and its Neighbors

Students will understand how India’s political system differs from that of its neighbouring countries after reading the Indian Economic Development chapter that is included in the NCERT books for Class 11 Economics. Despite the similarities in their planned development structures, India, China, and Pakistan each have unique approaches to implementing those plans.

The major economic indices for India, China, and Pakistan are broken down and explained in great detail in this chapter. Human development indicators include the Human Development Index (HDI), the Maternal Mortality Rate (MMR), and HDI Rank, among others.

A data chart and a picture accompany each and every explanation. In addition to this, students will receive an analysis of the approaches each of the three nations has taken to arrive at the current stage of economic development in their respective countries.

Why go for NCERT Books Class 11 Indian Economic Development?

It is convenient for both students and teachers to use NCERT books since they provide explanations of difficult topics that are written in a student-friendly manner and include diagrams, graphs, and questions. The textbooks provided by NCERT for Class 11 on Indian Economic Development are not an exception to this rule. Suppose you are a student who is having trouble understanding the principles and terminology of Indian economics. In that case, the NCERT books that are available to you could be your closest friends.

The books cover the entirety of the course material in chapters that are well stated and organised in a certain sequence. Because of this, the NCERT texts are an excellent resource for both the school-level and the CBSE examinations.

The following is a list of some reasons why the NCERT Indian Economic Development Books for Class 11 are of the highest quality: 

  • The NCERT carefully uses simple and straightforward language in their books. Understanding the fundamental ideas behind India’s economic growth is made much simpler with the help of the NCERT Books for Class 11 Indian Economic Development.
  • The chapters are completely coherent and cover the entirety of the material that is required for the course. In addition, there is not going to be any repetition found. Subject matter experts have carefully curated the content of these NCERT Books for Class 11 Indian Economic Development. The students will gain an understanding of everything from reading these books.
  • Each chapter includes several thought-provoking exercises labelled Work These Out. Students have the opportunity to refine their analytical thinking skills concerning the principles of Indian economic development by working through these situations. These parts teach students by applying what they are learning to real-world scenarios.
  • NCERT knows that simply reading about a topic is not enough to ignite a student’s interest in learning more about it. Because of this, each chapter in the NCERT Books for Class 11 Indian Economic Development has several tables, graphs, and pictograms that have been prepared. Thanks to this, the students will have an easier time connecting the many terms, concepts, and contributing aspects. In addition, it improves students’ ability to remember knowledge for longer periods and makes studying an overall more enjoyable experience.

Extramarks- Understand Indian Economics Development Easily!

Extramarks does not make compromises regarding the students’ level of convenience. We are here to assist you if you are trying to improve the quality of your educational experience as a whole. As India’s most trusted e-learning platform, Extramarks consistently meets and exceeds customer expectations thanks to its team of more than 500 subject matter experts.

We make it possible for you to purchase carefully selected and expertly crafted educational resources, such as the NCERT Books Class 11 Economics Indian Economic Development. In addition to that, we give our students chapter-specific question and answer sets that are guaranteed to increase their level of understanding.

You can also turn to Extramarks for live one-on-one sessions with qualified lecturers who are experts in the Indian economy. These sessions can be arranged on the website.

FAQs (Frequently Asked Questions)

1. How can one thoroughly understand the Indian economy?

To get started, one needs to have a crystal clear understanding of the scope of the topic. With the help of a guidebook that provides extensive coverage on the topic, students who will soon be taking exams can readily understand the economics of India.

Economics Textbooks from NCERT for Class 11 The various important aspects of Indian economic development are discussed in depth in Indian Economic Development. In addition to that, those who want to expand their business knowledge should try reading several business periodicals.

2. How may poverty be categorised?

There are three main categories of poverty that can be discussed at length. These categories are the chronic poor, the temporary poor, and those who are not impoverished. The always poor and the generally poor subcategories both fall under the chronic poor category. Also included in the category of fleeting poverty are two subtypes: churning poor and occasional poor.

A variety of factors and measures impact the categorisation of poverty. All of these elements are discussed in Chapter 4 of the NCERT textbooks for Class 11 Economics, entitled Indian Economic Development.

3. Who should study the Indian Economic Development book from the NCERT class 11 curriculum?

Students who want to excel in their school examinations or the CBSE examinations should read NCERT books. Students will have an easier time understanding difficult topics and vocabulary with the help of these books. In addition, the books improve analytical and critical thinking, enabling students to more easily tackle problem-based problems based on real-life scenarios. In a similar vein, lecturers can consult the NCERT books. Because of this, they will be able to help their students become interested in the ordinarily challenging issue of the economic development of India.

4. What is the one-child norm in China, and why is it significant?

In the late 1970s, China began enforcing its contentious one-child norm. As a direct result of this programme, China’s current population is substantially lower than it once was. In point of fact, the implementation of this approach led to a considerable decline in their country’s sex ratio.

\The one-child standard is given a comprehensive analysis in Chapter 10 of the NCERT Books for Class 11 Economics, which is devoted to studying Indian Economic Development.

5. Is it challenging to study Economics in Class 11?

No, the economics course for class 11 is not at all difficult. However, for students to get grades commensurate with their potential, it is strongly recommended that they familiarise themselves thoroughly with all of the significant subjects and ideas covered in the chapters that make up their curriculum. For this to be accomplished, it is required that the students read each and every word in their NCERT textbooks, starting at the beginning and working their way to the end. This will give students sufficient exposure to the topic and insight into it. It is recommended that the students consult the many different study resources and guidebooks to further hone and bolster the knowledge they already possess.

6. How should one prepare for economics in class 11?

Students can follow the instructions given to them to do well in economics in Class 11;

  • Create a schedule that has been well laid out and gives each topic the same amount of time.
  • Make it a habit to finish all assignments at the end of each day, and don’t let anything hang over your head. This will assist in completing the course material far before the examination’s scheduled end time.
  • Read the economics NCERT books and highlight the sections that are most essential to you. The candidate will easily retain and recall the information if they do this.
  • Take notes for your own use.
  • Please consult the study materials and guidebooks for additional information and direction.

7. Do the NCERT economics textbooks for Class 11 help in exams?

Yes, studying the Economics NCERT textbooks will greatly assist the student in achieving satisfactory performance on the examination. The NCERT textbooks recommended by the CBSE serve as the foundation for the questions that are included in the Class 11 test. Industry professionals have devised and written these books to acquire students with the fundamental ideas underpinning economics study. As a result, reading these texts is a vital step for the students if they want to do well on the exam. These texts are available for no cost and may be downloaded quickly and conveniently from the Extramarks website.

8. Where can one find the PDF version of the NCERT Book of Economics for Class 11 Indian Economics Development?

Candidates who are enrolled in Class 11 and who are interested in downloading the NCERT economics books can do so in a single location on the Extramarks website. The student can save the content in PDF format to their computer and then access it without an internet connection. These textbooks have been brought up to date per the CBSE curriculum to ensure that the student does not fall behind in any subject. It is highly vital for the student to read all of the chapters in the NCERT book to have a fair chance of doing well on the examination. It is recommended that the student read through all of the chapters in great detail to remember all the significant ideas and themes.