The main aim of this study is to make an environmental accounting of the land and forest resources available in Meghalaya so as to reflect the real contribution of these resources to the state's economy. The main objectives in this study are: generation of data pertaining to various components of land and forest resources of Meghalaya and their types and extent; identification of goods and services rendered by forest and land and their annual output; valuation of these resources (components and goods and services) in economic terms; identification of ecologically sensitive areas and; identification of various natural and anthropogenic threats to land and forest resources of Meghalaya.