Development planning free from market forces (Record no. 71367)

MARC details
000 -LEADER
fixed length control field 02395nam a2200205Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220620161601.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 200204s9999 xx 000 0 und d
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.9 JAG
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Jagpal Singh
245 #0 - TITLE STATEMENT
Title Development planning free from market forces
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Dehradun
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Samaya Sakshaya
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1999
300 ## - PHYSICAL DESCRIPTION
Extent 88 p.
365 ## - TRADE PRICE
Price amount 250.00
365 ## - TRADE PRICE
Unit of pricing RS
520 ## - SUMMARY, ETC.
Summary, etc. After attaining political independence in 1947, the Indian leaders and intellectuals accepted the socialistic pattern of society as an overall objective of economic policy and mixed economy as a path to achieve it. In the mixed economy, both market forces and economic planning work side by side and allocate men and material resources for different uses. About the ultimate outcome of the free market philosophy of economic development, the observation of Karl Marx that it would lead us to the imperialism seems to be correct. Unfortunately, in India instead of blaming the free market philosophy of economic development for widespread unemployment and underemployment, income inequality and poverty, the very concept of planned economic development is being blamed and in the name of liberalisation market forces are being allowed to dominate the operation of economy. Before reaching any firm conclusion about the merits and demerits of the planned economic development it seems proper to review briefly but critically the present form of economic planning which has been tried during the last five decades in India. The review of the present form of economic planning reveals that it depends on the theoretical frame i.e. Lewis-Mahalanobis paradigm of Industrialisation - which for raising the magnitude of savings and investment heavily depends on the "short term rate of savings." Overdependence on "short term rate of savings" has forced the Indian leaders and planners to design policies and programmes related to Investment Planning [IP], Human Resource Development [HRD], Research and Development [R&D], Fiscal System [FS], Monetary Policy [MP] and Institutional Frame Including Political Institution [IFIPI] for producing trained manpower, capital, energy, technologies, pollution free environment, infrastructural facilities and services promoting the select use of inputs intensive production processes in the economy.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Markets
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Cost, normal purchase price Total checkouts Full call number Barcode Date last seen Cost, replacement price Price effective from Koha item type
  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library   2020-02-04 250.00   338.9 JAG 87277 2020-02-04 250.00 2020-02-04 Books

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