Who Is Known As Father Of Indian Economy?

Who gave name India?

The name “India” is originally derived from the name of the river Sindhu (Indus River) and has been in use in Greek since Herodotus (4th century BCE).

The term appeared in Old English as early the 9th century and reemerged in Modern English in the 17th century..

Who is known as the father of Indian economics?

ListFieldPersonEpithetPoliticsB. R. AmbedkarFather of the Republic of India / Father of Modern IndiaPoliticsRaja Ram Mohan RoyFather of modern IndiaPoliticsPotti SreeramuluFather of Linguistic DemocracyEconomicsM.G.Ranade (Mahadev Govind Ranade)Father of Modern Economics23 more rows

Who is called the father of modern history?

Bishop William StubbsHistorian and Bishop William Stubbs has been called the ‘Father of Modern History’. His work on medieval chronicles and charters set a standard for the emerging school of English history in the 19th century and became the basic text for students in the succeeding generations.

Who is called Mother of India?

ListNameNationTitle (translation)Sheikh Fazilatunnesa MujibBangladeshMother of the NationSarojini Chattopadhyay NaiduIndiaMother of the Nation/Nightingale of IndiaMiss. Fatima JinnahPakistanMother of the Nation/Leader of Pakistani Women RightsWinnie Madikizela-MandelaSouth AfricaMother of the Nation2 more rows

Who is the first woman freedom fighter of India?

Rani Abbakka ChowtaTouted as India’s first woman freedom fighter, Rani Abbakka Chowta is famously referred to as ‘Abhaya Rani’ for consistently overpowering the Portuguese over four decades.

Who is called economist?

An economist is an expert who studies the relationship between a society’s resources and its production or output. Economists study societies ranging from small, local communities to entire nations and even the global economy.

Who invented capitalism?

Adam SmithIt was Adam Smith who noticed that mercantilism was not a force of development and change, but a regressive system that was creating trade imbalances between nations and keeping them from advancing. His ideas for a free market opened the world to capitalism.

Who is the father of Indian history?

MegasthenesMegasthenes ( ca. 350 – 290 BCE) was the first foreign Ambassador to India and recorded his ethnographic observations in a volume known as INDIKA. For his pioneering work, he is regarded as the Father of Indian History.

Is called the father of Indian planning?

Father of Indian Economic Planning is Mokshagundam Vishweswaraiah better known as M. Vishweswaraiah.

Who is the history of India?

The History of India begins with the birth of the Indus Valley Civilization, more precisely known as Harappan Civilization. It flourished around 2,500 BC, in the western part of South Asia, what today is Pakistan and Western India.

Who first made economic planning for India?

Jawaharlal NehruFirst Plan (1951–1956) The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.

Who is father of new economics?

Early Life Of Adam SmithEarly Life Of Adam Smith Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. Smith is most famous for his 1776 book, “The Wealth of Nations.”

How old is Indian democracy?

India became a sovereign democratic republic after its constitution came into effect on 26 January 1950. Dr. Rajendra Prasad became the first President of India. The three words ‘socialist’, ‘secular’ and ‘integrity’ were added later with the 42nd Constitution Amendment 1976.

Who is first designer of Indian flag?

Pingali VenkayyaWhile the flag has undergone changes in the past decades, its basic framework is credited to Pingali Venkayya. On India’s 73rd Independence Day, ThePrint looks back at the life of Venkayya and his contribution to India’s national flag.

Who is the best economist in world?

The rankingsRankAuthorScore1Andrei Shleifer Department of Economics, Harvard University, Cambridge, Massachusetts (USA) National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)3.262James J. Heckman Department of Economics, University of Chicago, Chicago, Illinois (USA)4.1599 more rows

Which plan is called rolling plan?

The Janta Government terminated the fifth five year plan in 1977-78 and launched its own sixth five year plan for period 1978-83 and called it a Rolling Plan.

Who wrote planned economy for India?

M. VisvesvarayaPlanned economy for India/Authors

What is India’s full name?

India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia.

Who is father of democracy?

CleisthenesAlthough this Athenian democracy would survive for only two centuries, its invention by Cleisthenes, “The Father of Democracy,” was one of ancient Greece’s most enduring contributions to the modern world. The Greek system of direct democracy would pave the way for representative democracies across the globe.

Who is called Father of History?

Herodotus has been called the “father of history.” An engaging narrator with a deep interest in the customs of the people he described, he remains the leading source of original historical information not only for Greece between 550 and 479 BCE but also for much of western Asia and Egypt at that time.

Who is the first Mother of India?

Bhikaiji Rustom Cama,or Madam Cama was born on 24 September 1861 in Bombay. She was an outstanding lady of great courage, fearlessness, integrity, perseverance and passion for freedom. and is considered as the mother of Indian revolution because of her contributions to Indian freedom struggle.