What are the major economic reforms in India since 1991, and how have they impacted the country’s growth, development, and global economic position?
With growing technology all over the world which has lead to globalisation , it came at the cost of climate change. In recent years it has became an expensive deal to manage biodiversity losses through sustainable practices. Reasons that lead to biodiversity loss due to globalization and environmenRead more
With growing technology all over the world which has lead to globalisation , it came at the cost of climate change. In recent years it has became an expensive deal to manage biodiversity losses through sustainable practices.
Reasons that lead to biodiversity loss due to globalization and environmental change
- Technology for globalization
With advent of new technologies from telegraph, telephones, emails to meassaging applications connectivity all around the world got increased which gave a boost to economy through trade.
In today’s generation social media and news channels are very much active as within seconds we can know about any corner of the world with help of satellites.
Globalization has evolved through out the years but in the hoard of profits and making money people ignored the harmful impact we are creating to the enviornment.
2. Environment losses
To increase connectivity and trade through technology, human started exploiting the natural resources for their benefit.
Clearing forests for building concreate jungles, Mining practices for oil or any precious metals, polluting environment, poaching are few examples which led to biodiversity losses in the world.
3. Urbanization- With enchancement of technology along the lines of globalization, more of the population are working in service sector leading to more urban settlements due to increase of companies and earning of good money is making villages empty which is also one of the major concern for depletion of biodiversity.
Method we need to focus to tackle biodiversity loss
- Sustainable practices- Shift on renewable resources and reducing consumption of non renewable resources. Carbon footprint evaluation can be done regularly for any company or goverment.
- Reducing pollution- Less use of plastics, vehicles can help to reduce green house gases in environment.
- Waste Management- Conservation of water and using water judiciously to maintain fresh water in Earth by avoiding dumping waste into water bodies or in roads.
These are some of the major steps that can be taken by an individual and countries to reduce biodiversity loss and conserve them.
Even though damage is done to our biodiversity in recent years, we can take some initiative at local, state, national and international level to save the remaining biodiversity to our best we can so as to reduce the climate change effects on Earth. Summits like Rio de janeio, Montreal protocol and organisations of United Nation Through IUCN are working towards saving the flora and fauna of the World. Sustainable practices and Awareness within people is a great weapon to save our biodiversity.
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Economic Reforms Since 1991: Impact on India's Growth and Global Position In 1991, India initiated significant economic reforms that marked a shift from a closed, centrally planned economy to a more open and market-oriented one. These reforms have had profound impacts on India's growth and global poRead more