Who is the Chairman of Planning Commission 2020?
| 1. | Shri Montek Singh Ahluwalia, Member, Planning Commission e-mail: [email protected] | Chairman |
|---|---|---|
| 9. | Shri R. Ramanathan, Member (Finance) Telecom Commission. e-mail: [email protected] | Member |
| 10. | Dr D.P. S. Seth, CMD Bharat Sanchar Nigam Limited (BSNL). e-mail: [email protected] | Member |
What are the basic elements of development?
These are (l) human resources, (2) natural resources, (3) capital formation, and (4) technology: These four wheels operate in rich and poor countries, although the mix and strategy for combining them will differ depending on the state of development.
Who first used the term economics?
The discipline was renamed in the late 19th century, primarily due to Alfred Marshall, from “political economy” to “economics” as a shorter term for “economic science”.
Which country has first introduced planning commission for economic growth?
Planning Commission of India
Who is the father of Planning Commission?
Prime Minister Jawaharlal Nehru
Who was the first deputy chairman of planning commission?
List of Deputy Chairpersons of the Planning Commission
| # | Name | Other Posts |
|---|---|---|
| 1 | Gulzarilal Nanda | Minister of Planning, later Prime Minister of India |
| 2 | V. T. Krishnamachari | |
| 3 | Chandulal Madhavlal Trivedi | |
| 4 | Dhananjay Ramchandra Gadgil |
What is constitutive freedom?
The constitutive role of freedom relates “to the importance of substantive freedom in enriching human life” (italics added for emphasis) (Sen, 1999: 36), which include “elementary capabilities like being able to avoid such deprivations as starvation, undernourishment, escapable morbidity and premature mortality, as …
What are the 4 elements of economic development?
Four Key Elements Are Needed to Remake Economic Development
- The Work Must be Urgent, Visible and Iterative.
- There Must be an Intentionality as to Race and Inclusiveness.
- Efforts Must be Networked and Evolving with High Capacity Institutions.
- A Diverse and Skilled Workforce Must be Built for the Actual Employers.
How does Amartya Sen define development?
According to 1998 Nobel prize winner, Amartya Sen, freedom is both the primary objective of development, and the principal means of development. Development is the process of expanding human freedom. It is “the enhancement of freedoms that allow people to lead lives that they have reason to live”.
What is Amartya Sen’s capability approach?
CMI 4 November, 2020 Publications. The Sen capability approach is a moral framework. It proposes that social arrangements should be evaluated primarily according to the extent of freedom people have to promote as well as achieving functions they value.
Who is the father of old economics?
Early Life Of Adam Smith
What are the 3 elements of economics?
They include land (including natural resources), capital, and labor. The enterprise itself is often considered as the fourth factor as its main purpose is the organization of the other factors of production.
What are the 5 elements of economics?
5 Basic Concepts of Economics
- Utility:
- Scarcity:
- Transferability:
- Forms of Wealth:
- Individual Wealth:
- Social Wealth:
- National or Real Wealth:
- International Wealth: