Question

State and explain Mahalanobis’ views on agricultural productivity.

Answer 1

• Statistician RC. Mahalanobis believed that if planned properly than agriculture has more ability to provide employment than any other sector.
• As per Mahalanobis, in India by investing Rs. 1 crore in agriculture sector 40,000 people can be employed and production can be increased by 5.7%. On the other hand, by investing Rs. 1 crore in big industries only 500 people can be employed and production can be increased by 1.4%.
• From the estimate it is clear, agriculture sector can create more employment than industry.