I write about not getting stuck with your academic assignments.Trusted Academic Service
Energy is the key input in economic growth and there is a close link between the availability of energy and the growth of a nation. Since energy is essential to conduct the process of Production, the process of economic development requires the use of higher levels of energy consumption.
There exists a strong correlation between per Capita gross National Product (GNP) and energy consumption. Higher per capita GNP countries consume more energy per head. For example, per capita energy consumption in USA was 15.5 times and in Japan 8 times that of India.
(1) Easy availability of energy helps in the process of industrializations in a country.
(2) Production of energy leads to the efficient utilization of natural resources. For example solar energy, wind energy and hydro-electricity power can be generated by using sun light, wind and water resources respectively.
(3) Scope of employment opportunities can be possible with the process of industrialization that is possible with easy availability of energy/ power sources.
(4) Easy availability of energy is required for the expansion of infrastructural development in a country.
(5) Income of a country can be raised with the expansion of the power sector. It also help to achieve economic self sufficiency.
Broadly speaking there are two main sources of energy in India:
Commercial source of energy or power are sold at a price and the users are required to pay the price. Commercial energy consists of (i) fossil resource energy (like coal, petroleum, natural gas) (ii) hydroelectric energy (iii) atomic energy. Non-commercial energy sources consist of fire-wood, vegetable waste and animal dung. Since the sources are supposed to the free and no price in paid to acquire them, they are called an non-commercial energy sources.
Although recent development indicates some noncommercial sources are charged a price in the urban areas and to some extent in the rural areas also. In India, most of the rural poor people depend on the non-commercial sources of energy. At present, 23% of the energy consumed is obtained from non-commercial sources. Major users of the commercial energy are industry (507o), transport (22%), household (12%), agriculture (9%) and commercial establishment (1%).