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| Article Name : | | | FINANCIAL EXCLUSION- A TRAGEDY OF COMMONS | | Author Name : | | | A. D. Gade , R.A. Todkar | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-1212 | | Article : | |  | Author Profile | | Abstract : | | | After the independence of India, government has adopted planning in order to push up the economy which was stagnant during the British era. The government and planners were succeeded in the achievement of desired economic growth through the weapons of planning. However the levels of standard of living of the vast section of the society remained almost unchanged. This implied that something was very wrong with the narrow definition of development in which GNP growth rate was highly emphasized and therefore during the 1970’s, economic development came to be redefined in terms of the reduction or elimination of poverty, inequality and unemployment within the context of growing economy | | Keywords : | | |
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