The simplicity of the Harrod–Domar model of growth, which is at the heart of most planning and growth models that exist today, has enabled a significant widening of the range of participants in ...
In an earlier column, I wrote about thoughts on planning immediately before and after Independence, the trigger being 75th Independence Day. Going back to those times, there was the Industrial Policy ...
• First five year plan, presented by Jawaharlal Nehru, was based on the Harrod-Domar model. • The plan addressed, mainly, the agrarian sector. • Total planned budget was 2069 crore rupees. • The ...