<p>Vice Chancellor of Davanagere University S Indumathi opined that per capita income of Indians should not be decided by considering creamy layer of society, rather last person should be taken into account.<br /><br /></p>.<p>She was addressing a gathering at valedictory of ‘planning forum’ of economic department of University of Mysore here recently. She said: “The per capita income is decided according to the education, empowerment and discrimination of people. <br /><br />Availability of basic facilities is inversely proportional to increase in population of our country.”<br /><br />She regretted that two among three kids are suffering from malnutrition. Though there is a considerable increase in food production and storage in India, people are deprived of proper distribution of food. “Food production was 51 million tonne in 1950, while in 2009-10 it is 218 million tonne.”<br /><br />While on one hand, health related problems are increasing among people, medical facility becoming costlier, is on the other hand is depriving people of medical treatments. <br />“Government undertakings are decreasing with increase in globalisation, privatisation and liberalisation,” she added.<br /><br />She opined that during the times when research and success of economics was restricted to developed nations, it was economist Amarthya Sen who won Nobel Award in 1998 that brought a new value to Indian economics. <br /><br />Indumathi said that in 1950, ‘development’ became a part of economical studies. <br />Along with political independence, economical independence is necessary for a country’s development. <br /><br />She stressed that poverty, inequality and illiteracy are main hurdles in way of progress. “Development should not be measured by bigger buildings and broader roads. <br />“Economists say that it should be measured by considering lack of availability of resources to people. India has a mixed economic system.”<br /><br />Head of economic department of University of Mysore D S Leelavathi and convener Navitha Thimmaiah were present.<br /></p>
<p>Vice Chancellor of Davanagere University S Indumathi opined that per capita income of Indians should not be decided by considering creamy layer of society, rather last person should be taken into account.<br /><br /></p>.<p>She was addressing a gathering at valedictory of ‘planning forum’ of economic department of University of Mysore here recently. She said: “The per capita income is decided according to the education, empowerment and discrimination of people. <br /><br />Availability of basic facilities is inversely proportional to increase in population of our country.”<br /><br />She regretted that two among three kids are suffering from malnutrition. Though there is a considerable increase in food production and storage in India, people are deprived of proper distribution of food. “Food production was 51 million tonne in 1950, while in 2009-10 it is 218 million tonne.”<br /><br />While on one hand, health related problems are increasing among people, medical facility becoming costlier, is on the other hand is depriving people of medical treatments. <br />“Government undertakings are decreasing with increase in globalisation, privatisation and liberalisation,” she added.<br /><br />She opined that during the times when research and success of economics was restricted to developed nations, it was economist Amarthya Sen who won Nobel Award in 1998 that brought a new value to Indian economics. <br /><br />Indumathi said that in 1950, ‘development’ became a part of economical studies. <br />Along with political independence, economical independence is necessary for a country’s development. <br /><br />She stressed that poverty, inequality and illiteracy are main hurdles in way of progress. “Development should not be measured by bigger buildings and broader roads. <br />“Economists say that it should be measured by considering lack of availability of resources to people. India has a mixed economic system.”<br /><br />Head of economic department of University of Mysore D S Leelavathi and convener Navitha Thimmaiah were present.<br /></p>