Bamboo and Its Connectivity to the Different Fields of Economics: A Potential Resource of Modern India

Abstract

Bamboo is a very important forest product that is highly relevant as a livelihood option for forest-dependent people in India. This research paper will quantify the resource and make an objective assessment of bamboo, its contribution towards poverty alleviation and generating subsistence income for the rural poor. Employment generation from bamboo growing and its processing makes a significant contribution to people's incomes. The wide gap that exists between the demand and supply of bamboo owing to the growing National and International market identifies the huge opportunity available for development of bamboo resources both on public and private land and consequential improvement in the economic condition of the bamboo-dependent people. Use of Bamboo as resource can help the economy on many levels. On one hand it will create resource; also it will reduce the depletion of non-renewable resources.

It will contribute to Micro Economics, Macro Economics, Environment and Ecological Economics and Resource Economics.