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Equity refers to making equal access to opportunities available to everybody. The opportunities available to people must be equal irrespective of their gender, race, income and in the Indian case, caste. It aims at providing equal opportunities to all with no special privileges or restriction to any person or group of persons. It is essential for human development to ensure access to resources in order to fulfill choices and lead a meaningful life.
For example, in any country, it is interesting to see which group the most of the school dropouts belong to. This should then lead to an understanding of the reasons for such behavior. In India, a large number of women and persons belonging to socially and economically backward groups drop out of school. This shows how the choices of these groups get limited by not having access to knowledge. Sustainability can be defined as “using resources in a way that fulfill the needs of present generation without compromising on their availability for future generations.” Sustainability refers to continuity in the availability of opportunities. To have sustainable human development, each generation must have the same opportunities. All environmental, financial and human resources must be used keeping in mind the future. Misuse of any of these resources will lead to fewer opportunities for future generations.
Example; If the key resource of coal is being overused by the present generation, it will lead to its paucity in future. When adequate coal will not be available to future generation, the power generation capability wifi be hindered which in turn will affect several infrastructural, industrial and other activities, which in turn will negatively affect the available choices and quality of life of future generations.