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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.

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News Network
July 3,2020

Mangaluru, Jul 3: Four central crime branch (CCB) police personnel tested positive for coronavirus on Friday in Dakshina Kannada district in Karnataka.

So far, eighteen police personnel, including an official of the ACP rank and 12 from Ullal police station, have tested positive for Covid-19 in the district in the last few days, police sources said.

A policeman from Mangaluru Rural station and another from Puttur station have also been infected.

All the personnel who tested positive have been admitted to the designated Covid-19 hospitals.

City police commissioner Vikash Kumar Vikash said adequate protection has been provided to police personnel who were fighting the pandemic and the members of their families.

As of Thursday, the total coronavirus cases in the district stood at 923 and the toll 18 while the state's infection count has crossed the 18,000 mark with 272 deaths.

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News Network
February 24,2020

Hubli, Feb 24: Pro-Pakistan slogans were found written on the walls and doors of Higher Primary School in Budarsingi village here on Monday, said Raman Gouda Hatti, Deputy Superintendent of Police (DSP), DCRB, Dharwad.

"The headmaster of the school noticed the slogans written on the walls and doors by chalk and he informed us. We will investigate the matter based on the complaint," said DSP Hatti.

The slogans were written in the Kannada language. Those behind the incident have not been identified so far.

The villagers staged a protest demanding action against those behind the act.

Congress leader HK Patil condemned the incident and asked for culprits to be identified and punished soon.

"Anti-social elements are involved in these acts. The government has failed to identify these people and punish them. The culprits behind this act need to be identified and punished. This incident is unfortunate and the intelligence department should work to stop these kinds of incidents," said Patil.

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News Network
January 3,2020

Bengaluru, Jan 3: Three advocates were appointed additional judges of the Karnataka High Court.

A Law Ministry notification, issued here on Friday said Maralur Indrakumar Arun, Engalaguppe Seetharamaiah Indiresh and Ravi Venkappa Hosmani have been appointed as additional judges of the high court on Thursday. The newly appointed Judges will continue in their post for a period of two years from the date they assume charge.

While the names of advocates Arun and Indiresh were recommended by the Collegium on March 25 last year the name of Advocate Hosmani was recommended by the Collegium on October 4.

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