• Karan Deshwal

Energy is a key source of economic growth because many production and consumption activities involve energy as a basic input. In economic terms, energy is an essential variable whose efficient management is a prime consideration in terms of economic growth, but also a key determinant of sustainable development. In recent times, there is an increasing emphasis placed on this factor as its significance is realised and acknowledged. The significance of the energy component and its interdependence with environment and growth is a prime driver of economic growth. It has become central to the new economic models in a world that is struggling with ever increasing environmental challenges such as climate change, global warming, forest depletion, fossil fuel over consumption. The importance of energy increases day by day as climate changes. Primary energy sources emit more pollution and it is necessary to switch to green energy sources. The depletion of resources and the increase in environmental pollution due to the use of energy has required the optimal use of its resources, which in turn requires adequate energy planning to achieve energy security. For the right one planning to optimize its use, an integrated and updated database of production and consumption from different sources i.e. coal, crude oil, natural gas and electricity are needed. The issue of climate change is part of the biggest challenge of sustainable development. Climate policies can be more effective when they are constantly integrated into broader strategies designed to make national development routes more sustainable. The impact of climate variability and associated socio-economic development will influence countries' ability to achieve sustainable development goals. Identifying the relationship between energy consumption and economic growth has important implications for energy saving policies. If energy consumption leads to economic growth, the economy is called dependent energy, indicating that energy is a stimulus for economic growth. As a result, energy saving policies can affect economic development. Chapter four shows the results that economic growth brings to energy consumption in India. This means that the economy is defined as less dependent on energy, which indicates that energy is not a stimulus for economic growth. As a result, energy saving policies can be implemented with little or no negative effect on India's economic development. Taking into account the state of the study’s inferences, the following policy implications can be derived. India is fortunate to have rich and varied energy resources, but these are distributed unevenly. India traditionally uses conventional energy resources such as coal, oil, gas, etc. It is necessary to show greater adaptability and enthusiasm in the use of un-conventional resources such as solar, tides, wind, etc.To secure energy, India must take immediate measures such as increasing the share of renewable energy, promoting green energy, effectively implementing energy policy. Renewable energy is the most scalable and seamless option to meet energy demand. Renewable sources are reliable and clean compared to fossil fuels. These energy sources are the best alternative to meet the need for energy in a clean environment. Timely changes in non-renewable energy are needed.

ENERGY CONSUMPTION ,SUSTAINABLE ECONOMIC GROWTH

"ENERGY CONSUMPTION AND SUSTAINABLE ECONOMIC GROWTH IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 11, page no.e146-e156, November-2022, Available :http://www.jetir.org/papers/JETIR2211433.pdf

"ENERGY CONSUMPTION AND SUSTAINABLE ECONOMIC GROWTH IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 11, page no. ppe146-e156, November-2022, Available at : http://www.jetir.org/papers/JETIR2211433.pdf