MAYASIA BUSINESS OUTLOOK8IS ENERGY SECURITY A PRACTICAL APPROACH FOR INDIA?"Energy security based on clean & reliable sources is essential for India's future. Nuclear energy has a key role in India's energy strategy" ­ Narendra Modi. "Energy security based on clean & reliable sources is essential for India's future. Nuclear energy has a key role in India's energy strategy" ­ Narendra Modi. Energy is required for growth. It is no surprise that India, with an economy expected to grow at a rate of more than nine percent over the next decade, has developed a voracious appetite for energy. The relationship between energy consumption and population growth is well understood. In fact, it is India's steady economic rise that has pushed the issue of energy security to the forefront. No doubt we all have the requirements of energy. It is considered to be an important element for accelerating development in India because its consumption pattern is the measure growth of a nation. Its availability or lack of it is also an important element in the measurement of a country's comprehensive national power. To give you a quick reality check, India's per capita energy consumption is currently as low as 700 kWh, while the global average is 2,500 kWh and many developed countries have figures as high as 15,000 kWh.India's Existing ScenarioToday in 2022, India's energy development has seen extraordinary success, but major challenges are still a concern, and the global pandemic has played a significant disruption. In recent years, India has connected hundreds of millions of its citizens to electricity, promoted the adoption of highly efficient LED lighting by most households, and prompted a massive expansion in renewable energy sources that run by solar power. The improvements for Indian citizens and their quality of life have been tangible. However, the Covid-19 crisis has complex efforts to resolve other pressing problems. These comprise a lack of reliable electricity supply for many consumers continued reliance on solid biomass which is mainly firewood that is used as a cooking fuel for some 660 million people in our country. Without further ado! Let us get right to the point and take a closer look at India's current scenarios in the concept of energy security throughout Asia in order to justify various policies or actions at the same time, even if these strategies appear to be differing.A Narrow Approach Towards a much Needed EvolutionIndia's energy security has been narrow in its approach, primarily aiming at managing supply. However, over the last two decades, India's energy security policy IMPRESSIONS
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