The study says that India needs to address its coal supply and distribution issues or else power shortages could deduct as much as 0.5 % of India’s GDP growth. Touching on the same issue last month Indian Prime Minister Manmohan Singh emphasized the growth-energy linkage. ``We have set for ourselves an ambitious target of 9% annual growth in GDP in the 12th Five Year Plan (2012-17). This high rate of economic growth would require our energy consumption also to increase rapidly.’’
Less Power Could Trip India Growth
Less Power Could Trip India Growth
Less Power Could Trip India Growth
The study says that India needs to address its coal supply and distribution issues or else power shortages could deduct as much as 0.5 % of India’s GDP growth. Touching on the same issue last month Indian Prime Minister Manmohan Singh emphasized the growth-energy linkage. ``We have set for ourselves an ambitious target of 9% annual growth in GDP in the 12th Five Year Plan (2012-17). This high rate of economic growth would require our energy consumption also to increase rapidly.’’