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FREE online courses on Financial Ratio Analysis - Forest Management In India - Introduction

 

The management of forest resources and forest ecosystem is a challenging task. This task becomes more challenging when other important related issues like biodiversity face serious threat. (Tropical forests, for example, contain about 90% of biodiversity). It is true that forests are renewable resource. Forests contribute to economic development by providing goods and services for industry, people and forest dwellers. They provide employment. They play a vital role in maintaining ecological balance, quality of environment, preventing soil erosion, conserve water, regulate water cycle, maintaining balance between Oxygen and Carbon dioxide and preventing floods. But are they managed in a way that would keep them renewable and continue playing vital roles as above? At Rio Summit a special statement on Forest Principles was issued as a non-legal binding authoritative document for a global consensus on management, conservation and sustainable development of all types of forests. These principles are as under:

 

 

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