Category Archives: Economy and Business

Farmer’s Issues: Reality and Hidden Agenda

Posted on January 23, 2021 by Goodpal

Farmers are committing suicide because agriculture sector contributes only around 15 percent towards the GDP. Continue reading →

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India Needs Development Beyond GDP

Posted on December 3, 2019 by Goodpal

The fetish for gdp growth has led the world to the brink of environmental and social disasters. There is opulence and poverty side by side. Countries need to evolve right indicators of development that pay attention to things other than economic. Continue reading →

Posted in Amartya Sen, Economy and Business, Environment, Gender, Sustainable Development, Women | Tagged , , , , , , , , | 2 Comments

Amartya Sen’s Capability Perspective of Development and Well-being

Posted on April 21, 2018 by Goodpal

The capability approach of Amartya Sen puts people at the focus of development; not economy. Since it revolves around expanding people’s capabilities, it recognizes all factors – personal, psychological, social, political, environmental etc – that can possibly affect people’s capability to … Continue reading →

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Amartya Sen – Development Beyond GDP

Posted on September 8, 2013 by Goodpal

The idea that “development” only means economic growth is a faulty one. This narrow thinking is behind all ills of the world today – global warming and climate change are just the logical byproducts. Professor Amartya Sen theorizes that “real development” is development of people’s capabilities. Continue reading →

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What is Amartya Sen’s “Capability Approach” to Development and Poverty

Posted on September 6, 2013 by Goodpal

The capabilities approach of Amartya Sen sees development as expansion of people’s capabilities. Poverty, in this approach, is taken as deprivation of basic capabilities needed to live a tolerable life. Continue reading →

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There is more to “Development” than Just Economic Growth!

Posted on September 4, 2013 by Goodpal

Amartya Sen’s capability theory offers a comprehensive approach to development which puts people at the center of attention. Development is not just economic growth or industrialization and people are not mere tools to achieve it. Continue reading →

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CSR in the Companies Bill 2011: Fly in the Milk!

Posted on December 17, 2012 by Goodpal

Why should businesses take social responsibility as a burden? It is in their own long-term interest to think in terms of sustainable development, which necessarily imply being more responsible towards social and environmental problems. Future conflicts among nations would largely revolve around control of natural resources which are surely depleting. Continue reading →

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