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December 4, 2023 743 0
At international level also, merely good numbers in GDP does not provide the assurance of development. The comparison of India with its neighboring countries like Sri Lanka, Nepal, and Bangladesh reveals that despite India’s larger size and economy, it lags behind in several human development indicators. (Refer Figure).
NOTES:
Figure: Data regarding India and its neighbours for 2019
“We have not inherited the world from our forefathers — we have borrowed it from our children.”- Mr. Lester Brown.
The figure provides an estimation of crude oil reserves. More significantly, it indicates the remaining years these crude oil reserves will be sustained if the current extraction rate continues.
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