G20 leaders are slated to meet at Copenhagen to formulate the carbon emission cut equations .India is weighing its strategies which will convey our seriousness & efforts towards global enviornmental problem but at the same time does not compromise its growth and development.Though India is technically correct in refusing to cut emission drastically and claiming the right to improve our standard of living.
But in the matters of life &death,we cannot afford to look only through one lens.We need to look all aspects covering our long as well as short term vision.Indian culture promotes harmony ,peace & cooperation.We have always taken firm moral stand against all kind of war on mankind .So,India must play an active role in this “war of necessity”.
As saying goes “charity begins at home”.India needs to reform the policies and action plan which optimizes our efforts without any economic burden or deficit.One such policy which needs immediate reform measures is Fuel Subsidy.This encourages to use fuel without brakes .Subsidy is stressing the economy resulting in high deficit .Remove the subsidy and let the market decides the fuel price.Invest the subsidy fund in research & development of green technologies.This will earn us some brownie points on global platform.This may lead to transfer of technology and money from developed world.
We need to work out.We cannot choose to lose .