Indian Economy and the Crisis of a Borrowed Development Strategy

The causes of this high level of pollution are: a) the strategy of ‘growth at any cost’ without taking the environmental factors into account; b) the rampant corruption which leads to cutting corners in every economic activity with environ-mental protection getting the least priority; c) international division of labour which is resulting in polluting industries getting located in the developing countries; and d) rapid increase in consumerism.
Recycling of ships, plastic waste, lead acid, computer waste and so on is taking place in India. Dirty production of heavy chemicals and metals is also occurring here. Massive denudation of forests is the result of open cast mining, large projects for producing power, setting up of airports, expansion of road and rail networks and so on. It is said that development requires all this. Is this true? Not quite since environmental destruction lowers the welfare gains of material growth. It is like digging holes and filling them where there is activity without productivity. One needs to question the development model which postpones the costs to the future generations.
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