Some people believe that increasing tax on various industry will reduce pollution whereas others believe that they are better alternative ways.discuss both the views and give your opinion.

Industries
are a financial strength of any country which can be categorised as polluting and non-polluting.The polluting
industry
is a grave concern for every country as it impacts natural resources and public health. In
this
essay
Add a comma
,essay
show examples
I will look
firstly
at how higher
taxes
aid
Add the particle
to aid
show examples
in reducing
pollution
and
then
highlight alternative
ways
of overcoming
pollution
with appropriate examples. To start with, the
government
uses multiple
ways
to curb
pollution
and increasing
taxes
on the polluting
industry
is one of the alternative
ways
. With
this
approach
Add a comma
,approach
show examples
the operational cost of the targeted
industry
automatically increases and in the end target
industry
died by itself.
For example
,recently
Government
of India made changes in the household sector where certain coolant gases will be replaced by green gases and the
government
banned the import of raw materials and put higher
taxes
on
such
products. There are alternative
ways
where
pollution
can be reduced in targeted
industries
.
First
, a proper transition model should be prepared by the
government
where green technology should be available easily to them.
Secondly
, an incentive sale model should be placed so that infused investment is achieved before
breakeven
Correct article usage
the breakeven
show examples
year.
Third
, buyers should be encouraged to buy green products in various
ways
, like 0% GST
taxes
on the product. Recently, the
government
banned the usage of single-use plastic and encouraged manufacturers to produce green products through various platforms like providing easy loans to MSME
Industries
at a substantial rate. To conclude, in my opinion, governments should encourage polluting
Industries
to adopt new technologies and create awareness programmes for them through various platforms like scheduling seminars,
creating
Correct word choice
and creating
show examples
lucrative policies,
instead
of slashing higher tax slabs.
Submitted by abt.dhruv on

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