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Sia ? 3 years, 8 months ago
Green revolution, great increase in production of food grains (especially wheat and rice) that resulted in large part from the introduction into developing countries of new, high-yielding varieties, beginning in the mid-20th century. Its early dramatic successes were in Mexico and the Indian subcontinent.
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Posted by Rikhu Chaudhry 3 years, 8 months ago
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Preeti Dabral 3 years, 8 months ago
I agree with the above statement. New Economic Policy(NEP) that was initiated in 1991 was liberal in the sense that prior to the NEP, 1991 a host of controlling systems such as licensing system, foreign exchange control, control on expansion, etc. was imposed on the private sector. However, owing to this, inefficiencies crept into the system and economic growth was badly hampered. GDP growth rate hit an all time low. With the aim of reviving the economy, New Economic Policy was introduced in the year 1991. Liberalisation forms the foremost element of this policy.
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Posted by Jeetan Yadav 3 years, 8 months ago
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Preeti Dabral 3 years, 8 months ago
The changing role of state is reflected in the eighth five year plan which mentioned that the planning in India will be indicative increasingly. In order to give some correctness to the changing role of state the eighth five year plan has identified the principles governing public sector. These are :
1. The public sector must withdraw from the areas where no public sector is served by its presence.
2. State should make investments only in those areas where investment is of main infrastructural nature where private sector is not likely to come forth to an adequate extent within a reasonable time perspective.
After that we saw a major shift in the Indian economy and the role of state has been changing from a controller, regulator and participator to that of a facilitator, observer and guide. The changes that took place in the role of state since 1991 are as under:
- Before economic reforms, government had its share in all sectors of the economy. It was producing bread, butter, biscuits, milk, running hotels and many of these were actually not required to be in public sector. Government withdrew herself from these sectors through delicensing, deregulation and disinvestment.
- As a regulator, during 1947-1990, Government regulated all activities with the laws and acts. But after 1991, except some basic and strategic goods and services, decisions were made to be market driven. For this purpose, regulatory authorities were set up for different sectors.
- Since 1991, Government has focused its attention on development of social sector like education, health, defence, law and order.
Overall, we can say that the role of state has changed from producer to production facilitator.
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Posted by Vasu Dev Soni 3 years, 8 months ago
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Preeti Dabral 3 years, 8 months ago
(1) Mean or Average:
Mean in theory is defined as the sum of all the elements of a set divided by the number of elements. We can get a fairly good idea about the whole set of data by calculating its mean. Thus the formula for mean is:
Mean = Sumofallthesetelements/Numberofelements
The importance of mean lies in its ability to represent the whole dataset with a single value.
(2) Median:
Median is the middle value of a dataset. So, if a set consists of an odd number of values, then the middle value will be the median of the set. On the other hand, if the set consists of an even number of sets, then the median will be the average of the two middle values.
Thus, the median may be used to separate a set of data into two parts. To find the median of a set, we need to arrange the elements of the set in increasing order. Then find the middle value.
(3) Mode:
The mode in a dataset is the value that is most frequent in the dataset. The mode also summarizes the gdataset with single information.
(4) Variance:
We may want to measure the deviation of a set of data from their mean value. The variance of the particular dataset will always be positive. Variance is used in the calculation of Standard Deviation, which is a very important concept of statistics.
(5) Standard Deviation:
The standard deviation is defined as the square rooting of the variance of the data.
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Posted by ☞Cheenu☜ ▄︻̷̿┻̿═━一 ? 3 years, 8 months ago
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Preeti Dabral 3 years, 8 months ago
(i) It improves productivity and efficiency.
(ii) It improves mental horizon of the people by which they try to improve their health status.
(iii) Common educated masses contribute in the development of the country.
(iv) It makes them good citizen that helps in choosing an intelligent government.
(v) It promotes science and technology by which people have a scientific outlook.
(vi) It produces skilled and trained workers.
Vi) In this way education helps in human capital formation.
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Kanika Rana 4 years ago
2Thank You