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Impact of Green Growth and Development Path for Skilled and Unskilled Job Creation and Economic, Social Sustainability: Case Study of India – A Recursive Dynamic CGE Model Approach
Abstract
This chapter captures the possible impacts of green growth strategies and interventions in terms of skilled, unskilled job creation in context of an emerging country like India. Additionally, it addresses how income generation from specific possible green growth related interventions can have a ripple effect on development indicators like literacy rates, infant mortality rates, poverty. Further it links skilled and unskilled employment generation with “Right to Livelihoods” and MGNREGA and its implications for state level fiscal subsidies. Job creation reflects economic gain for different class of households in the short and long term. This economic gain reduces the level of inter-household and intra-household inter-temporal inequality levels. In the long run, this reduction in the inequality level can create a positive impact on the social sustainability.
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