Balotra, an arid little town in Rajasthan, has a novel way of raising money to treat effluents from its mushrooming textile dyeing and processing industry.

The Centre for Science and Environment recently interviewed a number of environmental experts, industrialists and economists to come up with a list of suggestions for green taxes and financial incentives:

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"ECONOMICS is the science of studying people's behaviour in their ordinary day-to-day life." That is how undergraduate textbooks define the subject. The book under review, however, talks about an