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ENVIRONMENT AND SUSTAINABLE DEVELOPMENT

162 INDIAN ECONOMIC DEVELOPMENT After studying this chapter, the learners will understand the concept of ENVIRONMENT analyse the causes and effects of environmental degradation and resourcedepletion understand the nature of environmental challenges facing India relate environmental issues to the larger context of ANDSUSTAINABLE DEVELOPMENT92022-23163 ENVIRONMENT AND SUSTAINABLE INTRODUCTIONIn the earlier chapters we havediscussed the main economic issuesfaced by the Indian economy. Theeconomic DEVELOPMENT that we haveachieved so far has come at a very heavyprice at the cost of environmentalquality. As we step into an era ofglobalisation that promises highereconomic growth, we have to bear inmind the adverse consequences of thepast developmental path on ourenvironment and consciously choose apath of SUSTAINABLE DEVELOPMENT . Tounderstand the unsustainable path ofdevelopment that we have taken andthe challenges of sustainabledevelopment, we have to firstunderstand the significance andcontribution of ENVIRONMENT toeconomic DEVELOPMENT .

development, we have to first understand the significance and contribution of environment to economic development. With this in mind, this chapter is divided into three sections. The first part deals with the functions and role of environment. The second section discusses the state of India’s environment and the third section deals with steps ...

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