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Planning in India: where is natural resources in the development strategy?

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  • Sarker, Debnarayan

Abstract

Neither the draft approach paper to the previous plan strategies nor the draft approach of Eleventh Five Year Plan of India (2007- 12) address natural capital as a sources of growth in the development strategy of Indian Planning . But, it is argued that the development or degradation of natural capital makes a big difference to the life of masses. Also, the theoretical model in development economics argues that if the disadvantages of resource and land limitations are very larger than the advantages of technological progress, it will cause the growth of income per worker falling. So, without any piecemeal development programme, sustainable development programmes that integrates natural capital with the continuous development process strengthening the links between environmental regeneration and economic growth needs to be addressed in the planning strategy of India through continuous and integrated programmes and the schemes.

Suggested Citation

  • Sarker, Debnarayan, 2010. "Planning in India: where is natural resources in the development strategy?," MPRA Paper 33644, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:33644
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    References listed on IDEAS

    as
    1. Planning Commission, 2006. "An Approach to the 11th Five Year Plan: Towards Faster and More Inclusive Growth," Working Papers id:569, eSocialSciences.
    2. Joel Sobel, 2002. "Can We Trust Social Capital?," Journal of Economic Literature, American Economic Association, vol. 40(1), pages 139-154, March.
    3. Morris, Morris David, 1982. "Poverty and Famines: An Essay on Entitlement and Deprivation. By Amartya Sen. New York: The Clarendon Press, Oxford University Press, 1981. Pp. xii, 257. $17.95," The Journal of Economic History, Cambridge University Press, vol. 42(4), pages 989-991, December.
    4. World Bank, 2005. "Agriculture Investment Sourcebook," World Bank Publications - Books, The World Bank Group, number 7308.
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    More about this item

    Keywords

    Natural resources; Livelihood Assets; Five capital assets; Natural Capital in Development Economics;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General

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