10 results
Search Results
2. Can economic development & environmental sustainability promote renewable energy consumption in India?? Findings from novel dynamic ARDL simulations approach.
- Author
-
Das, Narasingha, Bera, Pinki, and Panda, Deepak
- Subjects
- *
ENERGY consumption , *RENEWABLE energy sources , *DYNAMIC simulation , *SUSTAINABILITY , *ECONOMIC development , *SUSTAINABLE development - Abstract
One of the strategies for achieving sustainable development goals is to close the gap between environmental vulnerability and economic progress (SDGs). The significance of renewable energy in harmonizing environmental and economic conditions is becoming a touchy subject in current debates. Against this backdrop, the major objective of this paper is to assess whether economic growth and environmental sustainability can promote renewable energy consumption in the Indian economy by using ARDL and Novel Dynamic ARDL estimation techniques. The results obtained from both the methodology shows that rising efficiency in the economic growth coupled with environmental sustainability leads to an increase in renewable energy consumption. We also find, from the frequency domain causality test, that there is a unidirectional causality between renewable energy consumption and economic growth & renewable energy consumption and environmental sustainability in both the short- and long run. The former causation validating the conservation hypothesis for the Indian economy. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
3. Reaching sustainable development goals: Bringing financial inclusion to reality in India.
- Author
-
Kandpal, Vinay
- Subjects
- *
GOAL (Psychology) , *SUSTAINABLE development , *ECONOMIC development , *FINANCIAL institutions , *INFORMATION resources - Abstract
The paper critically analyzes the problems and the hurdles for the financial inclusion for the economical growth and plans to call attention to the importance of Pradhan Mantri Yojana to bring Financial Inclusion a reality. A country can develop economically and socially if its weakest section can end up being financially independent. To achieve inclusive growth, the Government of India has introduced many schemes recently and steps have been taken that the benefits of policies reach the people. The schemes include Pradhan Mantri Jeevan Jyoti Yojna, Pradhan Mantri Bima Suraksha Yojna and Pradhan Manti Atal Yojna that have already been launched. The unawareness of financial institutions in the rural, semi‐urban and hilly areas of India is worrisome. The study focuses on the secondary source of information obtained through the website of the Reserve Bank of India website and other published sources. Sustainable growth, economic development and progress of an economy can only be achieved if a country has a well‐equipped financial system. All the assets, funds and capital have to be properly channelized for attaining inclusive and sustainable development goals in the Indian economy. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
4. Developing an indicator set for measuring sustainable development in India.
- Author
-
Khalid, Ahmad M., Sharma, Seema, and Dubey, Amlendu K.
- Subjects
- *
SUSTAINABLE development , *ECONOMIC development , *ECONOMIC indicators , *CONSERVATION of natural resources , *SUSTAINABLE urban development - Abstract
The global agenda of sustainable development (SD) will get a major boost from the successful implementation of the Sustainable Development Goals (SDGs) in developing countries. This requires effective planning and understanding of the SDGs at the national level and developing sound SDG indicators that account for country priorities. Currently, there is no formal SDG indicator set in India, but the process for it is underway. This paper has attempted to propose a unique technique for identifying the most representative indicator set for SD measurement in India based on the SDGs. Considering the needs and preferences of the country, a three‐stage process is proposed to develop the priority indicator set. The application of the approach has been presented for SDG 7, which relates to energy. This is supported with a background on India's SD progress. The proposed technique is simple yet effective, and can be easily replicated by other developing countries. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
5. Cultural Diversity and Spatial Structure in the Indian Urban Context.
- Author
-
Raman, Shibu and Dempsey, Nicola
- Subjects
- *
CULTURAL pluralism , *URBAN planning , *EMPIRICAL research , *ECONOMIC development , *SUSTAINABLE development - Abstract
Cities around the world have marked differences in spatial form and structure. To some extent this can be attributed to cultural differences. However, the impact spatial form has on the interactions within and between residents of different neighbourhoods is unclear. This paper calls on empirical evidence collected in the Walled City of Ahmedabad, India, home to Hindu and Muslim residents in distinct neighbourhoods for centuries. Employing Space Syntax method, this paper reveals significant differences in how public spaces are spatially laid out by these two communities. Muslim neighbourhoods have a spatial structure typical of a naturally evolved settlement, where the most integrated spaces are clustered centrally. In contrast, Hindu neighbourhoods have an ‘inside-out’ pattern, with the most integrated spaces located at the neighbourhood edge. The cultural significance of these distinct forms is discussed alongside the relationship between the neighbourhoods and the rest of the city. These findings on spatial structure could have an important role in Ahmedabad’s urban planning . A better understanding of how public space relates to lifestyle and culture could contribute to improved community relations. It could also contribute to dealing successfully with communal conflict, economic development, social sustainability as part of Ahmedabad’s future urban planning strategies. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
6. The Kerala Development Experience: Is it Economically Sustainable?
- Author
-
Wheaton, Morgan
- Subjects
- *
ECONOMIC development , *SUSTAINABLE development , *SOCIAL development , *LITERACY , *INFANT mortality , *LIFE expectancy - Abstract
This paper evaluates the unique development record of Kerala, India. Despite slow economic growth, the state has experienced unprecedented social growth: increased literacy rates, reduced infant mortality rates, higher life expectancy, and improvements in various other social indicators. The aim of this paper is to examine whether the social expenditures of Kerala are economically sustainable. In order to maintain the current level of social development in Kerala, the state must make adjustments to its policies to focus on equitable economic development. [ABSTRACT FROM AUTHOR]
- Published
- 2009
7. CONFRONTING TWO FACES OF INEQUALITY: A PANEL BASED EVIDENCE FROM INDIAN CITIES.
- Author
-
Sinha, Avik and Bhattacharya, Joysankar
- Subjects
- *
EQUALITY , *ECONOMIC development , *SUSTAINABLE development , *SOCIAL development , *ENERGY intensity (Economics) , *WELL-being , *ECONOMICS ,INDIAN economy - Abstract
The purpose of this paper is to evaluate the association between inequality in energy intensity and social inequality in Indian cities, as these are the two predominant constituents of inequality in Indian socio-economic scenario. This study uses a bivariate cointegration based error correction model for assessing the causal association between the two inequality parameters, which are derived by using Theil's second measure. Given the sustainable development objective set by the government of India, interaction between these two parameters may prove out to be significant for achievement of this objective. It has been hypothesized that nature of this interaction varies largely based on the nature of the cities, i.e. semi-urban, urban, and metropolitan. The analysis has been done on the full and segregated dataset to visualize how the interaction changes with the nature of the cities. For analysis purpose, data for 139 Indian cities for the period of 2001-2013 have been selected. From the data of income, population, and energy consumption, two parameters of this study have been designed by using Theil's second measure. The analysis starts with checking the cross sectional dependence for both of the parameters. Subsequently, the stationarity of the data has been checked by using first generation unit root tests. Then, by employing the cointegration and error correction framework, the long run causal association has been assessed. For checking the short run causal association, Granger causality method has been applied. The data for this study have been collected form Ministry of Power, Govt. of India, Central Statistical Organization, India, and Census, India. Major findings of this study are, (a) for both the parameters and three segments, cross sections are independent, (b) the parameters are stationary at first difference, (c) there is long run cointegration relationship between them, and (d) the causal link between inequality in energy intensity and social inequality is unidirectional for the case of semi-urban cities, and it is bidirectional for the case of metropolitan and urban cities. For full dataset, causal link between inequality in energy intensity and social inequality is unidirectional. The Theil indices calculated for both the parameters show the trends of rising inequality for all the cities taken together. However, no significant trend was visualized for the individual strata of cities, for both of the parameters under consideration. This study summarizes that the economic growth achieved by India is not sustainable in nature. It can be achieved only by considering an inclusive growth framework, where social development will complement the growth objectives. Therefore, the fossil-fuel based economic growth agenda needs reconsideration, viewing the social dimensions of the cities. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
- View/download PDF
8. Assessing the global environmental consequences of economic growth through the Ecological Footprint: A focus on China and India
- Author
-
Galli, Alessandro, Kitzes, Justin, Niccolucci, Valentina, Wackernagel, Mathis, Wada, Yoshihiko, and Marchettini, Nadia
- Subjects
- *
ECONOMIC development , *ECOLOGICAL impact , *GLOBAL environmental change , *INCOME , *BIOSPHERE , *POPULATION , *CONSUMPTION (Economics) - Abstract
Abstract: In a world increasingly affected by global environmental changes, Low Income countries will play an ever more central role in determining the future health of the biosphere. While global use of the biosphere''s capacity has increased over the past 45 years, per capita demand for biocapacity, as measured by the Ecological Footprint, has only increased in high-income countries and has remained constant or fallen in middle- and low-income nations. Consumption has increased faster than population in high-income nations, while population growth has been the dominant factor in middle- and low- income countries. Although listed in the middle-income group of countries, China showed atypical trends in the past 45 years, with a rapid increase in per capita Ecological Footprint that outstrip its gains in income. Typical trends were instead noticed for India, whose per person Ecological Footprint has fallen slightly. The results of this paper show that decisions made in China and India will be of fundamental importance for future global sustainability. [Copyright &y& Elsevier]
- Published
- 2012
- Full Text
- View/download PDF
9. Sustainable development and low carbon growth strategy for India
- Author
-
Parikh, Kirit
- Subjects
- *
SUSTAINABLE development , *CARBON , *POWER resources , *ECONOMIC development , *POVERTY , *CLIMATE change , *ENERGY consumption , *RENEWABLE natural resources - Abstract
Abstract: For India, sustainable strategy means one that is economically, environmentally and socially sustainable. This calls for rapid economic growth to deal with poverty and human development. However, the relatively meagre energy resources of the country pose a huge challenge. At the same time concern for climate change has raised the bar on the use of the one energy resource that India has in some abundance, namely coal. India''s strategy for sustainable development has to explore all options of reducing energy needs, enhancing efficiency of use of conventional energy resources and develop new and renewable sources. The paper identifies various technical options, their potential roles and alternative policy measures to realize them in a cost effective manner. Even for the same objectives different policy instruments are available and how one chooses a particular instrument is often critical for the success. Self-implementing incentive compatible policy that does not create vested interests that would get entrenched should be preferred. [Copyright &y& Elsevier]
- Published
- 2012
- Full Text
- View/download PDF
10. Nuclear energy option for energy security and sustainable development in India
- Author
-
Mallah, Subhash
- Subjects
- *
NUCLEAR energy , *SUSTAINABLE development , *ECONOMIC development , *CLIMATE change , *ECONOMICS , *FOSSIL fuels , *GREENHOUSE gases , *ELECTRICITY , *CARBON dioxide mitigation ,INDIAN economy - Abstract
Abstract: India is facing great challenges in its economic development due to the impact on climate change. Energy is the important driver of economy. At present Indian energy sector is dominated by fossil fuel. Due to international pressure for green house gas reduction in atmosphere there is a need of clean energy supply for energy security and sustainable development. The nuclear energy is a sustainable solution in this context to overcome the environmental problem due to fossil fuel electricity generation. This paper examines the implications of penetration of nuclear energy in Indian power sector. Four scenarios, including base case scenario, have been developed using MARKAL energy modeling software for Indian power sector. The least-cost solution of energy mix has been measured. The result shows that more than 50% of the electricity market will be captured by nuclear energy in the year 2045. This ambitious goal can be expected to be achieved due to Indo-US nuclear deal. The advanced nuclear energy with conservation potential scenario shows that huge amounts of CO2 can be reduced in the year 2045 with respect to the business as usual scenario. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
Discovery Service for Jio Institute Digital Library
For full access to our library's resources, please sign in.