Technological Insinuation and Value Drivers for Australian Coal through Resource Engineering
Neeru Sidana1, Rohit Sood2, Ajay Sidana3
1Neeru Sidana, Economics, Mittal School of Business, Lovely Professional University, Phagwara, Punjab.
2Rohit Sood, Mittal School of Business, Lovely Professional University, Phagwara, India.
3Third Author Name, Management, Satyug Darshan Institute of Engineering and Technology, Faridabad, India.
Manuscript received on 17 March 2019 | Revised Manuscript received on 21 March 2019 | Manuscript published on 30 July 2019 | PP: 5627-5631 | Volume-8 Issue-2, July 2019 | Retrieval Number: B1090078219/19©BEIESP | DOI: 10.35940/ijrte.B1090.078219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This research represents the demand and supply of coal as a natural resource and its contribution to the GDP of the country. This is descriptive research that focuses on technological insinuation and enablers that are important for Australian economy to impart enhanced value to GDP of the country and in turn helps in the economic development of the country. Australia’s resources sector is quite important to the economy and it serves as a catalyst in facilitating global energy preservation and removing energy deficiency. This paper attempts to study the technological implications of the coal as a natural resource and its impact on the Australian economy in terms of it’s efficient utilization through resource engineering. It focuses on the drivers that are indispensable and can be banked upon to increase the value and in turn make the economy self-reliant and increasing the optimal utilization of scarce resources.
Keywords: Australian Coal, Energy, Exports, Economy, GDP, HELE
Scope of the Article: Social Sciences