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Economy and Environment: Interlinkages and the Role of Environmental Taxes

Economy and Environment: Interlinkages and the Role of Environmental Taxes

Introduction The relationship between the economy and the environment is one of the most crucial and complex aspects of modern development. The economy depends heavily on the natural environment for raw materials, energy, water, and ecological services, while economic activities often put pressure on the environment through pollution, resource depletion, and ecosystem degradation. Striking a…

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Role of NITI Aayog in Promoting Cooperative Federalism and Sustainable Economic Development

Introduction India’s transformation into a globally significant economy depends on inclusive planning, decentralization, and sustainable practices. In this context, the National Institution for Transforming India (NITI Aayog), established in 2015, replaced the Planning Commission to better align with the needs of a dynamic and market-oriented economy. With the core principles of cooperative federalism, innovation, and…

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