What is meant by sustainable economic development? Give its main features.
Sustainable development may be defined as development that meets the need of the present generation
without compromising the need of ability of the future generations to meet their own needs. Environment
and economy are inter-dependent and complementary to each other. Hence the process of development
should not ignore environmental issues.
The main features of sustainable development are as follow:
(i) It stresses meeting the needs of the present generation and future generation.
(ii) There should be restraints on wasteful luxurious consumption pattern.
(iii) Efforts should be made to invent environment friendly technology.
(iv) Fast growing population should be effectively checked