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.

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

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