A Detailed Study on the Resource Management for Sustainable Development of Indian Economy

Abstract

The economic growth of a nation is depends on its resources. The level of sustainable development is very crucial for economy. It is observed that if the rate of sustainable development goes higher than that of depreciation then a reasonable growth in economy is observed.  

GDP is measured in the means of total market value of all final goods and services produced in a year. Currently, the GDP of India has moved to 7.2 from 6.5. The imbalance between poverty and economy also affects GDP rate. It is also observed that the balance between resources and sustainable development should be at same level or it can be said that the level of sustainable development should be higher so as to raise the bar of GDP. The current paper highlights the role of resource management for sustainable development of Indian economy.