Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
4. Accelerating environmental crisis is without doubt the most urgent. At the same time, rapid technological change is transforming many aspects of our economies. In the above-mentioned context, reinventing the economic growth model is the need of the hour. Examine. (250 words)
Difficulty level: Moderate
Reference: Down to Earth
Why the question:
Climate change is an existential threat, we know that. But what we continue to deny is the need for drastic emission reduction, that too in a world where millions still need the right to development.
Key Demand of the question:
To write about the need to reinvent economic the growth model to achieve sustainable development and mitigate the climate crisis.
Directive word:
Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Introduction:
Start the giving context.
Body:
First, write about the major changes happening due to the climate crisis and substantiate the impact by facts and examples.
Next, write about the technological change that are transforming economies and also offering hope to overcome the climate crisis.
Next, write about the issues in the current economic growth model.
Next, write about the changes that are needed in the growth model to achieve sustainable development.
Conclusion:
Conclude by writing a way forward.
