Unbalanced growth!

Posted by | August 20, 2004 | World | No Comments

With the increase in the number of BPO jobs in India, and many jobs being centralised in India and other eastern countries, there has been an increase in the average Per Capita Income in the economy. With this there is an increase in the demand for energy. Now all the sources are being routed to the eastern sphere of the globe thereby resulting in lopsided demand and supply. This in turn would eventually result in alarming increase in the non-renewable sources of energy in one part of the world along. This again would result in increased usage of the natural resources, leading to excessive depletion of these resources. This issue must be addressed at first, such that such a depletion would not occur and the situation can be stabilised. This can be done only with faster development of the renewable sources of energy especially in countries where there is an increase in demand for energy.

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