Green Growth Intervention on Employment Generation in India: Dynamic CGE Model Approach

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Author(s): Anandajit Goswami (The Energy and Resources Institute (TERI), India)and Saswata Chaudhury (The Energy and Resources Institute (TERI), India)
Copyright: 2020
Pages: 17
Source title: Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-1207-4.ch044

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

This article highlights the possible impacts of green growth strategies and interventions on skilled and unskilled employment generation in India. Additionally, it indicates how income generation from selected green growth-related potential interventions can have a ripple effect on selected development indicators, like literacy rates, infant mortality rates, poverty. Job creation might translate to an economic gain for households of different income class across rural and urban India both in the short and long-term. This economic gain can thereafter reduce the level of inter-household and intra-household inter-temporal inequality levels with complementary and effective wealth distribution policies. In the long run, this reduction in the inequality level can create a positive impact on the social sustainability.

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Green Growth Intervention on Employment Generation in India: Dynamic CGE Model Approach

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