Inclusive Growth and Sustainable Development : Ideal for Indian Economy
Contents: Preface. Brief profile of authors. Acknowledgement. 1. Excellence for sustainability development/Somnath Chatterjee. 2. (Extracts of speeches of Shyam Saran at various seminars/conferences/negotiations at National/international levels) Sustainable development and exclusivity is the Mantra for India's economic growth. 3. Water for life through sustainable development of resources/B.S. Bhavanishankar. 4. Inclusive sustainable development: the concept and issues/B.B. Tandon and Arunesh Garg. 5. Inclusive growth and sustainable development: the route to India's growth/P.K. Vasudeva. 6. Green: the emerging primary colour/Sheenu Jain. 7. Sustainable management of natural resources for faster and more inclusive growth/S.P. Vasudeva. 8. Globalisation, distortions, asymmetries in global trading order: implications for developing areas--agenda for the new millennium/M.R. Aggarwal. 9. Sustainable development: global warming/P.K. Vasudeva. 10. Growth and greenery should go together/Kewal Raj Dawar. 11. Renewable energy: need of the hour/P.K. Vasudeva. 12. Sustainable finance: facilitating inclusively sustainable development/Somak Ghosh and Neha Kapoor. 13. Road to Copenhagen on climate change/P.K. Vasudeva. Index.
"Growth is necessary but not sufficient condition for human development unless measures are taken to remove poverty and drudgery. Some of these measures are efficient delivering of public goods and services, infrastructure development and appropriate government procedures and regulations. Growth requires a transformation of economy from agriculture to industry and services. This structural change results in mass displacement of people. To make this economically natural creative destruction acceptable to the society the state must educate, train, retrain and create sufficient jobs. Government should also establish social safety nets for unemployed to get public support for its growth-oriented economic policy.
Sustained growth can lift people below poverty line continuously. However, this virtue of sustained growth is many times missed, as people confuse inequality with failure to make progress against poverty. The type of growth pursued by the developed nations since industrialization and blindly copied by the developing nations has proved to be unsustainable i.e., it has put pressure on planets ecology and climate.
Sustainable development has become one of the most important topics for sustenance due to vast industrial growth and least attention towards protection of environment resulting in the global warming, which is not only disastrous but also catastrophic for the future generations.
Although under Kyoto Protocol (2008-2012) ratified by the UNFCC, India does not have a legal or binding obligation to reduce carbon emission, United States, the biggest polluters or carbon emitter continue to state that emerging economies like China, India, Brazil and South Africa should also reduce carbon emission equivalent to that of developed countries which is not justifiable.
With just 15% of the world population, rich countries account for 45% of carbon dioxide emissions. Developed countries like Japan, European Union, United States have been asking for 'interim targets' for emission reduction for the developing countries (25-40% reduction by 2020 from 1990 baseline).
This book brings the views of four environment experts, six academicians and a highly respected national leader. They have examined in depth the complexity of growth, inclusivity, sustainability and their relationship." (jacket)
