Mahalanobis model is asociated with which five year plan
Answers
Answered by
0
Mahalanobis became essentially the key economist of India's Second Five Year Plan, becoming subject to much of India's most dramatic economic debates. The essence of the model is a shift in the pattern of industrial investment towards building up a domestic consumption goods sector.
Answered by
0
P.C. Mahalanobis
Prashant Chandra Mahalanobis is known as the Architect of Indian Planning.An eminent statistican he made a landmark contribution to Indian Planning during the Second Five Year Plan when he developed a model of Industrial Investment towards building up a domestic consumption goods sector.
Mahalanobis made significant contribution to the field of statistics in India. He established Indian Statistical Institute (ISI) in Calcutta and started a journal, Sankhya, which is a respectable forum for statisticians to discuss their ideas.
Similar questions