Insights into the Issue of Environmental Sustainability in India
摘要
Despite efforts to diversify energy sources, fossil fuels remain integral to India's energy mix, driving industrial development and economic growth while contributing to environmental degradation. To this end current study delves into the intricate relationship between environmental sustainability and economic prosperity in India, analyzing multi-dimensional data from 2012 to 2023. The analysis reveals significant success in terms of achieving lower carbon emission levels. However, India stands as world third largest emitter. There are some moments of disconnect between economic growth and environmental impact, underscoring the potential for sustainable development strategies. Regulatory frameworks supporting renewable energy and energy efficiency emerge as critical avenues for balancing economic growth with environmental stewardship. The study emphasizes the urgency of addressing India's dual goals of environmental sustainability and economic growth through integrated strategies and innovative partnerships, ensuring India's leadership in climate action and sustainable development.