Stakeholders’ Perspective on 'Economic Transition towards Sustainable Development for India' on 17th March, 2017 at The Pride Hotel, Pune
With a GDP growth rate of 7.6% in 2015-16, India is touted as the world’s fastest growing major economy. However, the paradox of India’s growth story is that its economic prosperity has come at the cost of rising social inequality and unsustainable consumption of natural resources. India ranks a low 135 amongst 187 countries on the HDI (Human Development Index), with 58% of its population lacking the means to meet essential needs. According to the Global Footprint Network, India’s ecological footprint exceeded its bio-capacity by 160% in 2012. Further, India’s development faces a very real risk of being severely impacted by climate change.