GREEN TAXATION PROVES TO BE AN INCENTIVES FOR OUR ENVIRONMENT

Dr Jyoti Sharma

Senior Academic consultant

MAHIAA  ENERGY AND ENVIRONMENT

TECHNOLOGY CONSULTANCY SERVICES DELHI

The necessary transformation of our Indian economy systems represents a fundamentally different challenge in economics sectors and regions of the world . this is some times reflected in the debate on the concept of "Green Economy"
Green Taxes ( also called  environmental taxes or pollution taxes or eco taxes ) are excise on environmental pollutants or on goods whose are produces such pollutants . Green taxes are meant a kind of economic instruments to address environmental problems
To combat the negative environmental effects states in India (Maharastra, AP,HP and karnataka august 2010) have implemented a "nano green tax" to fight pollution from old vehicles and creating better public transportation . Very recently Bangladesh imposed green tax (June 2014) to force polluting impacts on aquatic environment
The policies may be designed on the model discussed to bring out optimal contribution of  industry  sector towards generating resources for economic growth and to bridge socio -economics divide
Green tax proves to be deterrent tool towards environmental degradation and optimal energy utilisation