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Essay / Research Paper Abstract
A 15 page research paper that discusses the various ways in which India is addressing the issues associated with environmental sustainability. Bibliography lists 18 sources.
Page Count:
15 pages (~225 words per page)
File: KL9_khindiasus.rtf
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Unformatted sample text from the term paper:
India "could become the worlds leading economic power" (Miller and Spoolman, 2009, p. 137). As the Indian middle class expands, its utilization of natural resources will also increase and Indias
ecological footprint will likewise expand, placing more pressure of the countrys natural capital, as well as that of the world. Therefore, the steps that are being taken in India, by
the government, as well as local and international business, are extremely significant to the viability of global ecological sustainability goals. The following literature review provides of an overview of sustainability
within India. Indias infrastructure/Energy production In October of 2009, The World Bank agreed to loan India $4.2 billion to fund projects that would strengthen the countrys infrastructure ("Infrastructure," 2009).
Loans were made specifically to the federal government, India Infrastructure Finance Co. and Power Grid Corp of India, Ltd. ("Infrastructure," 2009). $1.2 billion will go to India Infrastructure by September
2015 in order to construct "roads, ports and airports" ("Infrastructure," 2009). $2 billion will provide capital to the state-run banks and the World Bank statement also indicated that the "bank
will lend US$1-billion for power transmission projects" ("Infrastructure," 2009). Nevertheless, despite this aid, Roy (2009) reports that experts have estimated that the Indian governments plans for infrastructure spending will
miss its target goal by roughly $100 billion. The governments most recent five year plan calls for spending $500 billion on "roads, ports and power supply," but according to Alroy
Lobo, chief strategist and global head of equities and asset management at Kotak Asset Management, the figure invested by the government on these projects is likely to fall somewhere between
$350 and $400 billion, which means that in regards to the power sector, the capacity target for 2012 will fall short by roughly 10MW (Roy, 2009). While fiscal shortfalls
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