Arguing that there was no economic rationale to shut down coal-based power plants, the Economic Survey on Friday said it was imperative for India to first try and become a developed country by 2047, and then pursue the ambition of achieving net-zero status by 2070. This carries forward the point made in last year’s Economic Survey, that had asserted that it was “morally wrong” to tell developing countries to abandon their aspirations for better living in order to achieve climate targets, when the developed world was not doing even the bare minimum expected from it. The Survey said that in...