Agriculture Update

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Economic Development and Libralization in India


Affiliations
1 Department of Agricultural Extension Economics, Marathwada Agricultural University, Parbhani (M.S.), India
2 Department of Agricultural Economics, Marathwada Agricultural University, Parbhani (M.S.), India
     

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What is Economic Development?:
Economic development is the institutional changes made to promote economic betterment. It is the social organizational changes made to promote growth in an economy. It is also the process of improving the quality of human life through increasing per capita income, reducing poverty and enhancing individual economic opportunities. In other words, the process of improving the quality of human life through increasing per capita income, reducing poverty, and enhancing a individual economic opportunities called economic development.

Keywords

Economic Development.
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  • Economic Development and Libralization in India

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Authors

A. V. Tak
Department of Agricultural Extension Economics, Marathwada Agricultural University, Parbhani (M.S.), India
V. B. Tak
Department of Agricultural Economics, Marathwada Agricultural University, Parbhani (M.S.), India

Abstract


What is Economic Development?:
Economic development is the institutional changes made to promote economic betterment. It is the social organizational changes made to promote growth in an economy. It is also the process of improving the quality of human life through increasing per capita income, reducing poverty and enhancing individual economic opportunities. In other words, the process of improving the quality of human life through increasing per capita income, reducing poverty, and enhancing a individual economic opportunities called economic development.

Keywords


Economic Development.