DMPQ-Define Knowledge centric Development. Discuss India’s position on this paradigm

The Knowledge-centric Development is a system of consumption and production that is based on intellectual capital. In particular, it refers to the ability to capitalize on scientific discoveries and basic and applied research.

In a knowledge economy, a significant component of value may thus consist of intangible assets such as the value of its workers’ knowledge or intellectual property. In the knowledge economy, innovation based on research is commodified via patents and other forms of intellectual property.

The knowledge economy addresses how education and knowledge, that is, “human capital,” can serve as a productive asset or business product to be sold and exported to yield profits for individuals, businesses, and the economy. This component of the economy relies greatly on intellectual capabilities instead of natural resources or physical contributions.

As we embrace the knowledge era and focus on capacity building of rural youth, the opportunities in rural areas should, in principle, become higher than those in urban areas since the rural segment can now benefit from all three (agriculture, manufacturing and services) sectors of the economy.

There is a need for knowledge bridges to be built between cities and villages, and the creation of an ecosystem which has been conceptualized as a “cillage” — a synergistic combination of city and village.

Developing a “cillage” ecosystem would need a rooted and integrated approach to holistic education and research, technology development and management, as well as technologyenabled rural livelihood enhancement.

The disruption caused by the COVID-19 crisis, particularly in the context of loss of livelihoods at the base of the socio-economic pyramid, is bound to have a deep impact. It will need every effort to return to normal. Given that the new normal would, in any case, be quite different, the right course would be to channelize the stimulus caused by this crisis towards accelerating the shift to a new normal i.e. knowledge-centric development.

TSPSC  Notes brings Prelims and Mains programs for TSPSC  Prelims and TSPSC  Mains Exam preparation. Various Programs initiated by TSPSC  Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––

Hope we have satisfied your need for TSPSC Prelims and Mains Preparation

Kindly review us to serve even better

TSPSC Mains Test Series 2022

20 Quality mock tests and GS Mains Notes

Mains Test Series and Notes

Mains Printed Notes (With COD)

TSPSC Prelims Test Series 2022

24 Quality mock tests and GS Prelims Notes

Prelims Test Series and Notes

Prelims Printed Notes (With COD)

Subscribe to TSPSC Notes

Never Miss any TSPSC important update!

Join 2,486 other subscribers

error: Content is protected !!