Browsing by Subject "Natural Resources"

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Open Access
Inter-Linkage between the Ecosystem and Economic Empowerment: An Analysis
(The Asiatic Society of Mumbai, 2023) Laha, Sidhartha Sankar
In developing country, forests provide a significant socio-economic benefit at all level. Forest is an important renewable, natural resource, which greatly influences the socio-economic development in any rural community. Business and trade have coexistence for thousands of years and ultimately which are referred as economics by some elite peoples. Natural resource is our common future. Within the natural resource, the forestry sector has gained importance. Forest ecosystem has played multiple roles of global as well as local levels and provides a range of economic, social goods for the well beings of the poor communities. Development of natural resource management to the local community level, particularly at the forestry sector, is important to improve community livelihoods and economic empower. Both primary and secondary forest products showed a good contribution on local, regional and international economy. Forest ecosystem has an ecological impact. Economic evaluation has always played an important role in studies of how plants are used by local peoples and how that attains importance in global or regional markets to possess contribute on national and community development. Mangrove forestry has been considered for economic empowerment purposes. A highlight has been made on the rural and tribal population those are highly dependent upon forests. In this communication an attempt has been made to scrutinize the role of forest ecosystem on economic development. An attempt has already been consider discussing about participatory forest management by local community.