A CRITICAL STUDY ON ENVIRONMENTAL REGULATIONS ON PRODUCTION COST
AUTHOR – B.MEGASREE* & DR.S.MARUTHAVIJAYAN**
* STUDENT AT SCHOOL OF EXCELLENCE IN LAW, TAMILNADU DR.AMBEDKAR LAW UNIVERSITY, CHENNAI. EMAIL – MEGASREE28012005@GMAIL.COM
** ASSISTANT PROFESSOR, SCHOOL OF EXCELLENCE IN LAW, TAMILNADU DR.AMBEDKAR LAW UNIVERSITY, CHENNAI. EMAIL – MARADHU.LAWYER@GMAIL.COM
BEST CITATION – B.MEGASREE & DR.S.MARUTHAVIJAYAN, A CRITICAL STUDY ON ENVIRONMENTAL REGULATIONS ON PRODUCTION COST, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (7) OF 2025, PG. 23-31, APIS – 3920 – 0001 & ISSN – 2583-2344.
Abstract:
This paper critically examines the influence of environmental regulations on production costs within the industrial landscape of India. With the global emphasis on sustainable development and environmental protection, governments, including India, have enacted stringent regulations aimed at mitigating environmental degradation. However, the implementation of such regulations often poses challenges to industries, particularly in terms of increased production costs. Through a thorough analysis of existing literature, regulations, and empirical evidence, this paper aims to assess the economic implications of environmental compliance for businesses in India. Additionally, it seeks to identify potential strategies for harmonising environmental sustainability with industrial productivity.
Keywords: Sustainability,Industrial Sector,Compliance,Economic implications,Mitigation strategies,Environmental laws,Competitiveness