Indian Journal of Economics and Development

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Causesand Consequences of Environment Degradation in Uttarakhand


Affiliations
1 Department of Economics, HemvatiNandan Bahuguna Garhwal University, Uttarakhand, India
2 School of Economics, Shri Mata Vaishno Devi University Katra, J&K, India
 

Objectives: To study the causes and consequences of Environmental degradation in Uttarakhand, India.

Methods/Statistical analysis: The study is exploratory in nature where secondary data of 2016-17 is used as a data base collected from different sources. The criteria for inclusion and exclusion are according to the standards set by the government where list of red listed companies is given. This study does not involve any statistical analysis however theoretical analysis is presented in the study.

Findings: The study highlights the important role of institutions in encouraging sustainable development. Economic activities also produce negative externalities without having to pay for them. Therefore, the solution would be to determine their correct market value so that economic agents can take account the environmental costs. The study found that while there is a growing trend in the economic development of the state, at the same time, there is also an increase in activities resulting environmental degradation. Government agencies play a vital role in minimization of the degradation.

Application/Improvements: Study provides a document to analyze and to formulate a policy for the state to control pollution.


Keywords

Environmental Degradation, Economic Development, Sustainable Development, GHG, Carbon Dioxide.
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  • Causesand Consequences of Environment Degradation in Uttarakhand

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Authors

P. D. Singh
Department of Economics, HemvatiNandan Bahuguna Garhwal University, Uttarakhand, India
Ajay Kumar Salgotra
School of Economics, Shri Mata Vaishno Devi University Katra, J&K, India
Ajay Singh Manhas
Department of Economics, HemvatiNandan Bahuguna Garhwal University, Uttarakhand, India

Abstract


Objectives: To study the causes and consequences of Environmental degradation in Uttarakhand, India.

Methods/Statistical analysis: The study is exploratory in nature where secondary data of 2016-17 is used as a data base collected from different sources. The criteria for inclusion and exclusion are according to the standards set by the government where list of red listed companies is given. This study does not involve any statistical analysis however theoretical analysis is presented in the study.

Findings: The study highlights the important role of institutions in encouraging sustainable development. Economic activities also produce negative externalities without having to pay for them. Therefore, the solution would be to determine their correct market value so that economic agents can take account the environmental costs. The study found that while there is a growing trend in the economic development of the state, at the same time, there is also an increase in activities resulting environmental degradation. Government agencies play a vital role in minimization of the degradation.

Application/Improvements: Study provides a document to analyze and to formulate a policy for the state to control pollution.


Keywords


Environmental Degradation, Economic Development, Sustainable Development, GHG, Carbon Dioxide.

References