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Environmental Scenario in India by Debashis Chakraborty, Sacchidananda Mukherjee

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Editors’ introduction

The Indian growth story: towards a sustainable development?

Sacchidananda Mukherjee and Debashis Chakraborty

India's journey to prosperity: explosive growth or sustainable development?

Development economics literature clearly underlines the difference between economic ‘growth’ and ‘development’. ‘Economic growth’ occurs with mere improvement of key indicators in a macro sense, e.g. augmentation of real national income, gross domestic product (GDP), per capita income (PCI), etc. However, ‘economic development’ takes place when improvements in GDP or PCI are associated with improvements in human development, quality of life, reduction in environmental degradation, infrastructure augmentation, etc. The received wisdom is that, ...

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