Sharmila Banerjee discusses methodologies for valuing environmental benefits and costs, essential for cost-benefit analysis in development projects.

Many Indian universities and research institutes (like the Madras School of Economics or Delhi School of Economics) host updated lecture notes, syllabi supplements, and chapters based on Bhattacharya’s framework on their institutional repositories.

Environmental degradation is one of the most pressing challenges facing developing nations today. Unlike developed countries, which can often afford advanced pollution control technology, developing nations like India face a complex trade-off between rapid industrialization, poverty alleviation, and ecological preservation.