Vijay's Vision

-*Dr. S. Vijay Kumar It is the primary duty of all the modern governments in the world to maintain equilibrium between economic growth and economic welfare. Public and private investments should be stepped up for the overall economic development of a country. One of the purposes of welfare investment is to improve national economic growth. Disequilibrium between welfare and growth leads to the wastage of valuable natural and economic resources. If the two different investments – Public and Private investments are not properly maintained, economic welfare and economic growth cannot be achieved in a country. If the current welfare growth is higher than the economic growth in a country, it is apparent that the country has been experiencing some waste of resources and obstacles to the overall economic development of a country. In most of the cases, the governments all over the world are ignoring this responsibility and spending more money on welfare schemes for the sake of co...

SUSTAINABLE DEVELOPMENT – ENVIRONMENENTAL ISSUES: SPECIAL REFERENCE TO INDIA – A WAY FORWARD -*Dr. S. Vijay Kumar ABSTRACT There is a direct relationship between environment and economic development. Economic development without environmental considerations can cause serious environmental damage in turn impairing the quality of life of present and future generations. In the process of economic development, the environmental problems have been ignored or less concentrated. Any country’s environmental problems are related to the level of its economic development, the availability of natural resources and the lifestyle of its population. Rapid p...