International Journal of Research in Social Sciences
Year : 2017, Volume : 7, Issue : 5
First page : ( 577) Last page : ( 585)
Online ISSN : 2249-2496.

Green Economy in India: Possibilities and Challenges

Dr Tyagi Vandana

(Principal) Apeejay Saraswati PG College for Girls, Ch. Dadri, Haryana

Online published on 20 June, 2019.

Abstract

The Green economy has over the past few years became a central concept on the global sustainable development agenda. The concept was first mentioned in a British government-commissioned sustainable development report from 1989. However, it was only during the late 2000s' global economic crisis that green economy was brought to international attention as an economic recovery strategy focused on creating ‘green jobs' and tackling climate change and creating real investments. South Korea was the first country to declare ‘Low Carbon Green Growth' as its long-term national development vision, in 2008.

Over the last decade, India's strong growth has increased employment opportunities and allowed millions to emerge from poverty. India's remarkable growth record, however, has been clouded by a degrading environment and growing scarcity of natural resources. Mirroring the size and diversity of its economy, environmental risks are wide ranging and are driven by both prosperity and poverty.

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