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P LANNING P ARADIGM<br />

Where's Natural Resources in<br />

the Development Strategy?<br />

Paucity of natural resources can cause diminishing output per worker; integrating<br />

natural resources with the planning of development strategy is indispensable<br />

to attain a steady state where economic growth depends mainly on the rate of<br />

technological progress leading to sustainable economic growth<br />

Debnarayan Sarker<br />

Professor and Secretary,<br />

Centre for Economic Studies,<br />

Presidency College, Kolkata<br />

Natural resources, especially,<br />

has a pivotal role in the<br />

livelihoods of rural people:<br />

predominantly the poor of<br />

the world depends directly on natural re-<br />

sources, through cultivation, herding,<br />

collecting or hunting for their livelihoods.<br />

<strong>The</strong>refore, for the livelihoods to be sus-<br />

tained, the natural resources must be<br />

sustained (Rennie and Singh, 1996: 16,cit-<br />

ed in Reddy et al., 2004:300). Natural re-<br />

sources are the basis for most rural eco-<br />

nomic activities and therefore are<br />

especially important for poor people.<br />

Economic opportunities from sustainable<br />

use of natural resources can act as a cata-<br />

lyst in reducing poverty and improving<br />

food security (World Bank, 2005: 224).<br />

Improved natural resource management<br />

has increased soil fertility and water reten-<br />

tion, reserved soil erosion, improved wa-<br />

ter management, maintained and/or im-<br />

proved biodiversity, reduced habitat<br />

destruction, and reduced deforestation.<br />

Sound community-based natural resource<br />

136 THE IIPM THINK TANK

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