Question
Who chaired India's National Income
Committee?Solution
Prasanta Chandra Mahalanobis headed the National Income Committee formed in 1949. Under his leadership, the committee developed a comprehensive framework for measuring India's national income, which became known as the Mahalanobis Model. This model focused on assessing economic development by analyzing key sectors and their interrelationships. Mahalanobis, a renowned statistician and economist, made significant contributions to statistical methods and played a crucial role in shaping India's economic planning through data-driven decision-making.
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