The Planning Commission is likely to peg economic growth at 9-9.5 per cent annually in the next plan. Ramesh, reportedly under fire over the issue of economic growth and environment, said, “Low-carbon pathway will have some trade-offs, some choices to make." He said the country should be kept abreast of these choices.
Ramesh also announced the constitution of a panel, to be chaired by noted environmental economist Partha Dasgupta of Cambridge University, to precisely study the impact of high growth on environment and ecology.
“This expert group will provide a road map for ‘green' National Accounts...By 2015, we would report Gross Domestic Product (GDP) after taking into account environmental costs," Ramesh said after releasing an interim report on low-carbon strategies for inclusive growth. Read the full report here.
Source: BS Reporter, Business Standard, New Delhi.
