Transitioning to a Green Economy: A Narrative Overview of the Challenges and Opportunities in Indian Agriculture

Kanika Mehta, Rajesh Kumar Thakur, Vikalp Sharma and Virender Kumar

Indian Journal of Agricultural Economics, 2022, vol. Volume 777, issue Number 3

Abstract: The green economy refers to promoting economic activities that improve social equity and well-being, generate employment and income opportunities, and reduce environmental risks while restoring and effectively managing the natural resources. Agriculture is one of the core industries in achieving the green economy goals, especially in developing nations like India. In order to meet future food and raw material demands, India must reform rather than maintain its agricultural industry. Therefore, the present review comprehends the sector's economic, social, and environmental attributes and identifies its significant challenges and opportunities for green economy of the country. Based on the literature from across a range of disciplines, the study observed that the future requires transformation rather than sustaining the agricultural sector with an emphasis towards efficiency rather than growth, employment generation, nutritional security and management of surplus food in consonance with the agro-ecological backdrop.

Keywords: Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inijae:345209

DOI: 10.22004/ag.econ.345209

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