simple explanation of mahalanobis model
I admire Chaha Nehru as the guide for children. I also admire the English writer NEHRU. There is no Nehru-Mahalonobis model: there is Mahalonobis ( or, Feldman-Mahalanobis) Model. It is essentially a developmental plannibng model and not an economic growth model of the Harrod-Domar or Solow model variety. It is a model whose design was influenced by the totalitarian command, closed economic system of centralised planning that prevailed in the erstwhile Soviet Union in the 1940s/ 1950s.