A Sustainable Economy Path for South Asia
Introduction : In recent years, India has emerged as a global leader in the adoption of renewable energy, particularly solar power. This remarkable growth has been driven by a combination of factors, including government incentives, falling technology costs, and a growing awareness of the environmental benefits of solar energy. Key Points : 1. Strategic Investments: India has made significant investments in solar panel manufacturing and renewable energy infrastructure, creating a conducive environment for the growth of the solar industry. 2. Global Dependence on Coal: The United States and European countries, which lack domestic coal reserves and have major manufacturing industries heavily reliant on coal, rely on imports from countries like India to meet their energy needs. 3. Strategies for Sustainable Growth : - Increased Investment in Solar: Encouraging further investment in solar panel manufacturing and renewable energy in Asia-Pacific and least developed co...