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The growth process has undoubtedly brought about significant changes in the structure of the Indian economy. Defying somewhat the conventional paradigm of development, the share of services had touched 51 per cent of GDP at a relatively early stage of development. However, the employment shift had lagged behind shift in output. The share of services in employment has been only around 22-25 per cent. The last decade had thus seen a decline in the aggregate ...
The 1992 earth summit in Rio de Janeiro, a landmark conference, put sustainable development on the map. The largest international gathering ever held at the time, the summit brought 108 heads of state and government to Rio, where they endorsed agenda 21, the action plan for a sustainable future. There is agreement that the earth summit--officially the United National Conference on Environment and Development--was a major success in raising public awareness about ...