India needs to increase energy consumption to raise per capita income: Economic Survey

India's economic growth will depend upon the ability to provide affordable, reliable and sustainable energy to citizens and the country is required to raise per capita energy consumption by at least 2.5 times to increase per capita income by USD 5000, the Economic Survey tabled in Parliament said Thursday.

The survey said India has the potential for USD 30 billion annual investment in renewables in next decade and even beyond that in view of its ambitious target of having 175 GW of clean energy by 2022. As per the survey, India has to quadruple its per capita energy consumption if the country aims to rise in HDI (human development index).