No universally applicable theory of development'

[email protected] (CD Network)
October 18, 2011

Mangalore, October 18: Economic growth and development still remain something of a mystery as there is no universally applicable model or theory of development, said Dr. GV Joshi, Professor of Economics, JKSHIM, Nitte.

He was presenting a paper on 'Economic Development: Enduring or Inclining?' in the first session of 'Samprathi-2011' a two-day national seminar on 'sustainable development: towards a self-reliant India' organised by St Aloysius College (Autonomous), here on Tuesday.

“We have to learn from all theories without accepting anyone of them in Toto. There is no consensus on what works for growth and development. There is no clear way to ease poverty. Growth or development is purely a subjective phenomenon. In face there is a need for rethinking development economics”, he said.

“The thought on development has passed through five stages. Now the accent has shifted from the mere dynamics of growth to include the institutions to deliver the benefits of growth to the poor and the disadvantaged. Precisely, this is the institutions to deliver the benefits of growth to the poor and the disadvantaged. Precisely, this is the stage in which the concept of inclusive growth has gained a lot of currency”, he said.

Dr Joshi said that there are empirical studies establishing the relation between economic growth and reduction in poverty. One empirical study (2009) indicates that Cambodia, India, Mongolia and the Philippines from a category of countries in which economic growth failed to help many who are poor. There is a realization that growth will generally be not pro-poor if left completely to markets, he said.

“Economic growth or development has to become enduring and sustainable by ameliorating the condition of the poor and the marginalized sections of the society. Growth should be fair and just, employment-oriented and environment friendly, not ruthless, rootless, voiceless and futureless. Specific policy measures are needed to make economic development enduring and sustainable because as things stand today, it is inclining and exclusive”, he added.

The programme was be inaugurated by Ramakrishna Y B, Executive Chairman, Karnataka State Biofuel Development Board, Bangalore.

Fr Joseph Ignatius Rodrigues SJ, Rector, St. Aloysius Institution, Mangalore presided over the function.

Dr. H. Sudarshan, Director, Karuna Trust & VGKK, Bangalore, delivered keynote address.

St_Al_2

St_Al_3

St_Al_4

St_Al_5

St_Al_6

St_Al_7

St_Al_8

St_Al_9

St_Al_10

St_Al_11

St_Al_12

St_Al_13

St_Al_14

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 27,2024

DKrailminister.jpg

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta recently met with Union Minister for Railways Ashwini Vaishnav to discuss urgent concerns regarding the region's railway infrastructure development. Key issues raised during the meeting included the long-pending Mangaluru-Bengaluru connectivity, the Shiradi Ghat stretch, and other vital railway concerns impacting the region.

In addition to discussing these issues, Captain Chowta submitted a letter requesting the Union Minister's intervention and support. The letter emphasized the need to merge Konkan Railway with Indian Railways and called for the doubling of railway tracks between Bengaluru and Mangaluru, which would significantly improve rail connectivity between the state capital and Mangaluru.

Further, Captain Chowta raised concerns about enhancing passenger facilities along the region's rail routes, particularly the need for better services between Subrahmanya and Mangaluru.

To bring more attention to these pressing issues, Captain Chowta took to social media, urging the state government’s support. In a tweet on his official X handle, he requested Chief Minister Siddaramaiah to expedite the resolution of these concerns. “In this direction, I request our Karnataka government led by CM Shri @siddaramaiah to kindly provide the necessary state support for the swift redressal of various concerns pertaining to both Konkan Railways as well as HMRDC to ease movement of both people and cargo in this important stretch between Mangalore and Bangalore,” he posted.

The meeting with the Union Minister was attended by Bengaluru Rural MP Dr. CN Manjunath, Udupi-Chikmagalur MP Kota Srinivas Poojary, and Uttara Karnataka MP Vishweshwara Hegde Kageri, all of whom supported the discussion on enhancing railway infrastructure in the region.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 25,2024

chamundeshwari.jpg

Bengaluru: Karnataka Chief Minister Siddaramaiah has instructed the Hindu Religious Endowment Department to submit a proposal for constructing a gold chariot for the presiding deity of the state, Chamundeshwari, official sources said on Monday.

The directive follows a request from Member of Legislative Council (MLC) Dinesh Gooligowda, who highlighted the historical and cultural significance of the Chamundeshwari Temple on Chamundi Hill in Mysuru, which dates back to the 12th century AD.

Gooligowda noted that the existing wooden chariot, donated by devotees from Coimbatore, Tamil Nadu, has deteriorated over time.

“Devotees have expressed their desire to organise a ‘rathotsava’ using a gold chariot for Goddess Chamundeshwari. This proposal has been under consideration for some time, with an estimated cost of Rs 100 crore,” the MLC said.

He emphasised that the government’s financial involvement would not be required, as devotees are willing to contribute towards making the chariot a reality.

Gooligowda proposed a deadline for the 2025 Dasara festival for the completion of the chariot, ensuring it is ready for the grand procession featuring the idol of Chamundeshwari.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.