The Growth Story of India

"In India, everything is exactly opposite." The term economic growth means the growth of real GDP in that country, and more importantly, the increase in per capita revenue. When we analyze the economic growth of the country, we basically study how economy progresses quantitatively. On the other hand, economic development is a more comprehensive term that includes both qualitative and quantitative aspects of economic development. It includes not only economic growth but also the process of economic improvement of its citizen's economic and social well-being.

India is the second most populous developing country in the world. Industrialization is the key to maintaining the story of growth in India. Industrialization brings about urbanization, which brings about changes in lifestyles, which leads to more and more waste and an increase in the threat to the environment. 62 million tons of waste are generated annually in India. Per capita waste generated in Indian cities ranges from 200 grams per day to 600 grams per day. Of the 62 million tons of waste, 43 million tons of TPA was processed, 11.19 million tons were processed, and 31 million tons were disposed of in landfill waste. Waste disposal rate

The lack of government priorities in infrastructure development has influenced the growth story of India. As domestic demand increases, India needs capital, human capital, technology and skilled workers. However, it is difficult for power plants to operate at 100% capacity because smart grids, efficient transmission lines, and underdeveloped natural resources can not be used. There are two aspects of this problem: operational problems and technical problems. Operation - In 2015, India achieved the goal of the Grid country. With a single grid, power producers can consolidate additional power to share the load, thereby reducing power costs. Despite a single grid, the distribution company is caught in an infinite loss cycle. The reason is stolen, inefficient management, and some degree of political interference. Most distributors are government management entities