Tag: environment and sustainable development

Environmental degradation is considered an economic problem because it involves the depletion of natural capital, externalities, and the misallocation of resources, which affects long-term economic welfare.

Economic growth refers to the process of using natural resources for the development of the economy. But in developed countries the resources are exploited in a very large quantity that leads to the depletion of these stock of natural resources.

All of the above. 

Tax hikes, nationalization, and regulation are all government interventions that can shift supply or demand curves away from a free-market equilibrium. Therefore, none of these options represent a reason that is NOT a cause for such a shift.

The Shivasamudram hydroelectric power station, commissioned in 1902 on the Kaveri River in Karnataka, was the first major hydroelectric power station in India.

Manikaran, located in the Parvati Valley of Himachal Pradesh, is well known for its hot springs and is the site of a geothermal energy pilot plant in India.

The 123 Agreement, formally known as the United States-India Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy, was signed between India and the USA.

Electricity is listed in the Concurrent List (Entry 38) of the Seventh Schedule of the Constitution of India, meaning both the Union and State governments have the power to legislate on it.

Durgapur, Tilaiya, and Maithon are all major projects under the Damodar Valley Corporation (DVC). Vindhyachal is a thermal power station located in Madhya Pradesh, operated by NTPC, and is not part of the DVC.

Singrauli, Ramagundam, and Rihand are all major sites for large-scale thermal power stations in India, operated by NTPC.