Roaring sector that serves India like no other

For example, every rupee spent on the Nagarjunasagar Srisailam Tiger Reserve in Telangana realises `7,488. Which other sector has such an investment multiplier potential! In fact, the total monetary value of benefits provided by all 10 tiger reserves is estimated to range from `5,094 crore to `16,202 crore. In the current economic scenario, when manufacturing and industry drive the economic growth and sustainability narrative, talking about the stellar role that tiger reserves play in serving India and its population may sound silly to some. But the truth is ecosystem services provided by the tiger reserves are invaluable. Employment generation, water conservation, sedimentation control, natural flood management and climate resilience are intangible benefits that must be valued and not just in economic terms. The study shows that the collective human health benefit offered by the reserves is estimated to be in the range of `11,014 crore to `34,593 crore a year. They offer protection from disease, predators and parasites, which when valued could go up to `24.15 crore. Most of India's major cities would struggle for water but for these tiger reserves. Union environment minister Prakash Javadekar rightly termed the reserves as engines of economic growth. Nonetheless, the environment versus development debate continues in India. Perhaps it's time the investment multiplier theory of tiger reserves finds a place in management classes. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The New Indian Expresshttp://www.tripntale.com/profile/188575