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K. N. Raj
Kakkadan Nandanath Rajan (13 May 1924 – 10 February 2010) was an Indian economist. He is popularly known as K. N. Raj. He played an important role in India's planned development, drafting sections of India's first Five Year Plan, specifically the introductory chapter when he was only 26 years old. He was a veteran economist in the Planning Commission. He worked out a plan to raise India's rate of savings in the post-Second World War period when the country was in need of foreign aid. He computed India's Balance of Payments for the first time for the Reserve Bank of India. Raj was an advisor to several prime ministers from Jawaharlal Nehru to P.V. Narasimha Rao. Dr. Raj was a Keynesian economist. He studied the application of Keynesian monetary theory in Indian context. Early life Raj was born in Thrissur District. He did a B.A. from the prestigious Madras Christian College. He was a disciple of a well-distinguished economist Malcolm Adiseshiah at Madras Christian college. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malcolm Adiseshiah
Malcolm Sathiyanathan Adiseshiah (18 April 1910 – 21 November 1994), was an Indian development economist and educator. In 1976 he was awarded the Padma Bhushan, India's third-highest civilian award. In 1998, UNESCO created the Malcolm Adiseshiah International Literacy Prize in recognition of his contribution to education and literacy. He was nominated to the Rajya Sabha, the upper house of the Parliament of India, in 1978. Early years and education Adiseshiah was born on 18 April 1910 in Vellore, southern India. He is the second of the five children of Paul Varanasi Adiseshiah and Grace Nesamma Adiseshiah. His father was a professor of philosophy and the first Indian principal of Voorhees College, Vellore, Tamil Nadu State, India. His mother was a musician who had studied up to the Senior Cambridge (High School) and was the first woman Councilor of the Vellore Municipality. She taught her five children until they were ten years of age. Malcolm Adiseshiah obtained a doc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aam Aadmi
Aam Aadmi ( hi, आम आदमी, ur, ) — literal translation: " ordinary man" (''ām'' meaning ordinary + ''ādmī'' meaning man) — is a Hindustani colloquial expression and the equivalent of "the Average Joe." The Indian National Congress based its 2004 election campaign on the ''aam aadmi'' theme. The party's slogan for the election was ''Congress ka Haath, Aam Aadmi ke Saath'' ("the hand of the Congress is with the common man"). In 2007, the Congress launched its ''Aam Aadmi Ka Sipahi'' ("the Common Man's Soldier") campaign to popularize the programmes of its UPA government. The expression was also adopted by the Aam Aadmi Party, formed in 2012. At that time, the Congress objected to the newly formed party's name, claiming that the ''aam aadmi'' has been synonymous with the Congress since 1885. "Mango man" is an absurd translation of the phrase (''aam'' is also the Hindi word for "mango"). In 2012, Robert Vadra was criticized by activists, when he mocked them as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welfare Economics
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level. Attempting to apply the principles of welfare economics gives rise to the field of public economics, the study of how government might intervene to improve social welfare. Welfare economics also provides the theoretical foundations for particular instruments of public economics, including cost–benefit analysis, while the combination of welfare economics and insights from behavioral economics has led to the creation of a new subfield, behavioral welfare economics. The field of welfare economics is associated with two fundamental theorems. The first states that given certain assumptions, competitive markets produce ( Pareto) efficient outcomes; it captures the logic of Adam Smith's invisible hand. The second states that given further restrictions, any Pareto efficient outcome can be supported as a competitive market equilibriu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Narayana Guru
Narayana Guru, , (20 August 1856 – 20 September 1928) was a philosopher, spiritual leader and social reformer in India. He led a reform movement against the injustice in the caste-ridden society of Kerala in order to promote spiritual enlightenment and social equality. Biography Narayanan, né Nanu, was born on 20 August 1856 to Madan Asan and Kuttiyamma in an Ezhava family, in the village of Chempazhanthy near Thiruvananthapuram, in the erstwhile state of Travancore. His early education was in the gurukula way under Chempazhanthi Mootha Pillai during which time his mother died when he was 15. At the age of 21, he went to central Travancore to learn from Raman Pillai Asan, a Sanskrit scholar who taught him Vedas, Upanishads and the literature and logical rhetoric of Sanskrit. He returned to his village in 1881, when his father was seriously ill, and started a village school where he taught local children which earned him the name ''Nanu Asan''. A year later, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquartered on international territory in New York City, and has other main offices in Geneva, Nairobi, Vienna, and The Hague (home to the International Court of Justice). The UN was established after World War II with the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for a conference and started drafting the UN Charter, which was adopted on 25 June 1945 and took effect on 24 October 1945, when the UN began operations. Pursuant to the Charter, the organization's objectives include maintaining internationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (NCR), has an estimated population of over 28 million, making it the largest metropolitan area in India and the second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the banks of the river Yamuna matches the literary description of the citadel Indraprastha in the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerala
Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South Canara, and Thiruvithamkoor. Spread over , Kerala is the 21st largest Indian state by area. It is bordered by Karnataka to the north and northeast, Tamil Nadu to the east and south, and the Lakshadweep Sea to the west. With 33 million inhabitants as per the 2011 census, Kerala is the 13th-largest Indian state by population. It is divided into 14 districts with the capital being Thiruvananthapuram. Malayalam is the most widely spoken language and is also the official language of the state. The Chera dynasty was the first prominent kingdom based in Kerala. The Ay kingdom in the deep south and the Ezhimala kingdom in the north formed the other kingdoms in the early years of the Common Era (CE). The region had been a prominent spic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delhi School Of Economics
Delhi School of Economics (DSE), popularly referred to as "D School", is a Higher Educational Institution within the University of Delhi. The Delhi School of Economics is situated in University of Delhi's North Campus in Maurice Nagar. Established in 1949, the campus of the Delhi School of Economics houses the University of Delhi's departments of Economics, Sociology, Geography and Commerce, as well as the Ratan Tata Library. Out of the four academic departments, the Departments of Economics, Sociology and Geography come under the Faculty of Social Sciences, while the Department of Commerce comes under the Faculty of Commerce and Business Studies. Many of its former faculty members and alumni have gone ahead to become world famous economists, social scientists, writers, heads of states and journalists. It presently offers multiple post graduate and doctoral level programmes in a wide range of disciplines. History and organisation Shortly after the independence of India, a g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delhi University
Delhi University (DU), formally the University of Delhi, is a collegiate central university located in New Delhi, India. It was founded in 1922 by an Act of the Central Legislative Assembly and is recognized as an Institute of Eminence (IoE) by the University Grants Commission (UGC). As a collegiate university, its main functions are divided between the academic departments of the university and constituent colleges. Consisting of three colleges, two faculties, and 750 students at its founding, the University of Delhi has since become India's largest institution of higher learning and among the largest in the world. The university has 16 faculties and 86 departments distributed across its North and South campuses, and remaining colleges across the region. It has 91 constituent colleges. The Vice President of India serves as the university chancellor. History The University of Delhi was established in 1922 as a unitary, teaching and residential university by an Act of the the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalisation In India
The economic liberalisation in India refers to the opening of the country's economy to the world with the goal of making the economy more market and service-oriented, thus expanding the role of private and foreign investment. Indian economic liberalisation was part of a general pattern of economic liberalisation occurring across the world in the late 20th century. Although some attempts at liberalisation were made in 1966 and the early 1980s, a more thorough liberalisation was initiated in 1991. The reform was prompted by a balance of payments crisis that had led to a severe recession and also as per structural adjustment programs for taking loans from IMF and World Bank. Through reform, India overcame its worst economic crisis in the remarkably short period of two years. Specific changes included reducing import tariffs, deregulating markets, and reducing taxes, which led to an increase in foreign investment and high economic growth in the 1990s and 2000s. From 1992 to 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jagdish Bhagwati
Jagdish Natwarlal Bhagwati (born July 26, 1934) is an Indian-born naturalized American economist and one of the most influential trade theorists of his generation. He is a University Professor of economics and law at Columbia University and a Senior Fellow in International Economics at the Council on Foreign Relations. He has made significant contributions to international trade theory and economic development. He is widely regarded as the intellectual father of the Indian economic reforms of 1991. He is the only professor in American academia to have a chair named after him while he was still teaching at the university. He is one of only 10 scholars who hold the title of University Professor at Columbia University. Bhagwati is the recipient of several prestigious awards, including the Order of the Rising Sun, Padma Vibhushan, Frank Seidman Distinguished Award in Political Economy and the Freedom Prize of Switzerland. In 2014, the Financial Times called him “one of the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
