Question

How is energy a basic requirement for economic development? Explain.

Answer 1

1. Energy is a basic requirement for economic development.
2. Every sector of the national economy needs the input of energy.
3. Economic advancement requires energy. Energy inputs are needed in the commercial, industrial, residential, and transportation sectors.
4. Plans for economic development that have been implemented since independence have required increasing energy to maintain.
5. As a result, energy consumption has steadily increased throughout the country. There is an urgent need to build a sustainable energy development path.
6. Sustainable energy relies on promoting energy efficiency and increasing the usage of renewable energy.
7. Rising oil and gas costs and anticipated shortages have sparked concerns about future energy security.
8. India is now one of the least energy-efficient countries in the world.