ANNOUNCEMENTS
In today’s continuous evolving world, there is more focus on moving towards sustainability with dwindling resources which can be attributed to increasing incomes and populations. The resource availability to sustain the existing populations has been on a shrinking spree across all ecosystems. Consequently, the assessment of existing demand patterns and policies becomes an engrossing point at this stage of the 21st century. This study investigates the impact generated by human demands on the existing forest resources embodied as a part of the Ecological Footprint accounting for all the states and union territories of India over the period of 2011-2021.With diverse goods that trees provide humans with, this analysis intends to explore the impact of Non-Timber Forest Products (NTFPs) on the footprint of forest ecosystems. Also, with today’s evolving and expanding global markets and the ease in meeting varying demands, the demand for human satisfaction is an open sky and has no limit . This causes a consequent impact on environmental resources as well. Our study explores the effect of overexploitation and extraction of Earth’s resources in various parts of the country.We will be analysing the economic trends of different forest types over the period of ten years using Fixed Effect Model.The analysis highlights that although a lot of efforts are made in harnessing awareness amongst the people,how at the ground level the impact has been evolved.We witness some positive development and some concerns for the future of India’s resource bundles through our different variables.The need for opportunity of livelihood and sustainability to go hand in hand is the need of the hour.
Key words : Forest Ecosystems, Forest Ecological Footprint,Over exploitation of resources, Non-Timber Forest Products.
