• DR. GANGOTREE GHOSH

Environmental degradation and pollution act as two major bi-products of development. As a result responsibility towards the environment is becoming an alarming issue throughout the globe. Building up “Green Economy” has become the focus area of all developing countries including India to signify human well-being and social equity and to minimize environmental risks and ecological scarcity. Sustainable Development cannot be feasible without having green environment and clean climate. “Clean India” and “Green India” movement of the Government of India are the two faces of sustainable development. To combat with the phenomenon of climate change due to environmental degradation and pollution, “Green India Movement” under National Action Plan on Climate Change (NAPCC) plays a vital role. Present scenario demands consensus for corporate social responsibility as an indispensable criterion for sustainable development. Gross Domestic Product (GDP), Gross National Product (GNP), Net National Product (NNP) can not indicate sustainable development entirely because they deal only with changing stock and flow of man-made capital but not with the natural capital and its depleting stock caused by different economic activities. Accounting for environment or “Green Accounting” has the possibility to deal with different essential issues related to corporate social responsibility and sustainable development. The present study is an attempt to overview the concept of “Green Accounting” and its practices in India as a part of “Clean India – Green India” movement. The study also has an intention to identify different shortcomings of Green Accounting Practices in India and to find their solutions.

Green Accounting, Clean India, Green India, corporate social responsibility, sustainable development

"", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.639-643, November-2018, Available :http://www.jetir.org/papers/JETIR1811A81.pdf

"", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp639-643, November-2018, Available at : http://www.jetir.org/papers/JETIR1811A81.pdf