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:
