A REVIEW OF CORRELATION AMONG THE ECONOMIC GROWTH, ECONOMIC UNCERTAINTY AND SUSTAINABLE DEVELOPMENT IN INDIA
Journal: International Journal of Advanced Research (Vol.11, No. 03)Publication Date: 2023-03-16
Authors : Pawan Kumar Gupta;
Page : 1068-1072
Keywords : Economic Uncertainty Sustainable Development GDP Economic Growth;
Abstract
Sustainability of the natural resources is based on human efforts and the economic development is the base of the sustainable development of any country. But an economys development would increase when its economic uncertainty is at a low level. There are two objectives of the present research paper the first is to find the correlation among sustainable development, economic growth and economic uncertainty in India and the second is to access the impact of economic growth and economic uncertainty on the sustainable development of India. The present research is taking the period of 2000-2022 to access the correlation and impact of economic growth and economic uncertainty on sustainable development. The explorative, descriptive and correlation-regression methods are used to analyse the all shreds of evidence. The research statements are rejected with strong statistical evidences and both the objectives of the present research paper are achieved. As the economic uncertainty is reduced due to strong economic policies, the economic development takes place and makes the easy sustainable development path in India.
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