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

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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

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I will look

firstly

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at how higher

taxes

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aid

Add the particle

to aid

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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

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and creating

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lucrative policies,

instead

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of slashing higher tax slabs.