Unit 4 Macro: Erratic Energy Supplies Threatens Indian Growth

This news video report from the Wall Street Journal is superb in highlighting the economic consequences of the chronic shortages of energy and fuel in the fast-growing Indian economy. The focus is on a newly opened coal-fired power station (note the investment in it from Hong Kong and China) which has already had to close dow production twice because it has run out of coal supplies.

Erratic electric power forces people to rely on more expensive fuels such as diesel - it is a persistent problem facing many Indian businesses from poor farmers to chemists who need reliable power supplies to keep their drugs cool. The Indian economy too becomes more reliant on imports of oil, coal and gas worsening their trade balance.

Here is the video

The long term weaknesses of energy / power infrastructure in India are prompting huge investment in renewable energies. More than 400m people still lack access to electricity, and the International Energy Agency estimates that India’s consumption demands are likely to double by 2035. Early progress on scaling up renewable energy in the Indian economy looks promising - see here

India looks for alternative energy options

 

Job board

Teacher of Business and Economics

King Edward VII School, Sheffield

New

Join the tutor2u community

With a tutor2u account you can access extra features to support your teaching & learning.

Subscribe to the daily digest

Curate your own content

Track your training schedule

Manage your resource library

Receive job alerts

Join the community

Already joined? Sign in now ›

More From the Digital Store

A full copy of all the teaching & learning resources provided to delegates attending the Achieving A* in A Level Economics course

£75.00 (+VAT)

Achieving A* in A Level Economics - Course Resource Pack

A comprehensive series of topic-by-topic study notes to support students on Section 2 (Macroeconomics) of the IB Diploma in Economics. It covers both the SL and HL content of the IB...

£40.00 (+VAT)

IB Economics Section 2 (Macroeconomics) Course Companion

Topic-by-topic editable PowerPoints on all the key topics for the Year 2 teaching content for AQA A Level Economics

£100.00 (+VAT)

AQA A Level Economics (Year 2) Teacher Topic PowerPoints

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u