Page 10 - Understanding Economics for Class 10
P. 10

Gross National         Life         Mean years of        HDI
                                             Income (GNI)      Expectancy at      Schooling of      Rank in
                                Country
                                            per Capita(2011        birth         People aged 25    the world
                                                 PPP $)                            and above         (2018)
               Goyal Brothers Prakashan
                             Sri Lanka           12,707             77                10.6             73
                             India                6,681             69.7               6.5            130
                             Myanmar              4,961             67.1               5.0            148

                             Pakistan             5,005             67.3               5.2            154
                             Nepal                3,457             70.8               5.0            143
                             Bangladesh           4,976             72.6               6.2            134

                             Source: Human Development Report, 2020, United Nations Development Programme, New York.
                       As per the report, we can clearly observe the following points:
                            GNI of Sri Lanka is highest and of Nepal is lowest.
                            Life expectancy of Sri Lanka is highest and of Myanmar is lowest.
                            Mean years of schooling of Sri Lanka is highest and Myanmar and Nepal is lowest.
                            HDI is ranking of Sri Lanka (among these 6 nations) is the best and Pakistan is lowest.
                       To conclude, we can say that Sri Lanka is ahead of India, Myanmar, Pakistan, Nepal and
                       Bangladesh in all aspects.

                        sustainability of Development
                            Since the second half of the twentieth century, many caution notices have been issued by
                            scientists that are threat to ecosystem in multiple aspects.
                            Resources are replenished by nature like crops, plants, groundwater.
                            If we extract  more  than  what  is being  replenished by rain  in  case  of groundwater  then
                            we would be overusing it.
                            Non–renewable resources take millions of years to renew.
                            So, before discovering alternate ways these resources should be used in a sustained manner.
                       Example 1: Groundwater in India
                       Recent evidence suggests that the groundwater is under serious threat of overuse in many parts
                       of the country. About 300 districts have reported a water level decline of over 4 metres during
                       the past 20 years. Nearly one-third of the country is overusing their groundwater reserves. In
                       another  25 years, 60 per cent  of the  country  would be doing the  same  if the  present  way of
                       using this resource continues. Groundwater overuse is particularly  found in the agriculturally
                       prosperous regions of Punjab and  Western U.P., hard rock plateau  areas of central  and south
                       India, some coastal areas and the rapidly growing urban settlements.”
                         (a)  Why groundwater is overused?
                        Ans.  Now-a-days groundwater is highly overused because of many reasons, some of which are
                            as follows:
                             (i)  Groundwater is a fresh water source and can be used for drinking purpose. It is
                                actually over exploited in urban areas for domestic use and drinking purpose.
                            (ii)  Groundwater is extensively used for irrigation  purpose, especially  in North India.
                                Here, most farmers have their own wells and tubewells in their farms for irrigation
                                to increase their production.
                            (iii)  Post-independent India witnessed intensive industrialization and urbanization. Both these
                                factors have made the matter worse by exerting pressure on existing freshwater resources.


              E-8                                                                                       Economics  Class X
   5   6   7   8   9   10   11   12   13   14   15