Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

Malcolm S. Adiseshiah

Abstract

The perspectives for the Eighth Plan must start with some agreement on development, not in terms of economic growth,embodied in the Harrod Damar and/or Cobb-Douglas model, but in terms of the impact and/or goal definition on the living levels of the people. From this point of view, I cannot help but express my extreme disquiet that the entire official discussion on the perspective of the Eighth Five Year Plan has centered round the rate of growth.

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