ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Amarendra Das

Environmental Accounting in India

Does the present income accounting system represent the real value of the wealth of the economy? If not, how do we evaluate the performance economy? How can the present evaluation method accommodate different aspects of the economy, society, and the environment? If these aspects are not considered in the evaluation process, can it be justified socially or environmentally? In this paper, we discuss the limitations of conventional income accounting, recent developments in environmental accounting at the international level, the progress and challenges of environmental accounting in India, and the way forward.

 

Regulatory Authority over Minerals: A Case for Review

This article critically appraises the incumbent regulatory mechanism in minerals and proposes a redrawal of the authority of central and state governments. It argues that for ensuring intra-generational and inter-generational equity the ownership rights over minerals should be vested with the state governments and the regulatory power with the central government. State governments should be provided with adequate elbowroom to mobilise revenue for the development of local communities in mining areas. Therefore, the present system of uniform royalty rates determined by the central government should be removed and states should be free to determine their royalty rates and other levies.