Asian Journal of Management

  • Year: 2017
  • Volume: 8
  • Issue: 3

Green growth: indian railways thrust towards economic growth and environmental protection

1Research Scholar, School of Business Studies, Islamic University of Science and Technology, Awantipora, J&K, India

2Sr. Asst. Professor, School of Business Studies, Islamic University of Science and Technology, Awantipora, J&K, India

Abstract

The advanced development paradigm -Green Growth is maintaining the sustainability of economic growth while at the same time ensuring environmental sustainability. In India, Green Growth represents an extraordinary challenge and opportunity for the railway sector like Indian Railways, especially in economic growth and environmental protection. Indian Railways is a key driver of economic growth in India besides it enhances energy security; helps mitigate climate change impact, relieves congestion, improves air quality and enhances quality of life. The present paper highlights the Green role of Indian Railways by acting as an essential instrument in all the Avoid/Shift/Improve (ASI) lines of action leading to the Economic growth and Environment protection in India.

Keywords

Indian Railway, Green Growth and ASI strategy