Vol. 5, Issue 6, Part D (2019)

Abstract
Biodiversity has provided number of benefits to human beings. Large number of population of developing countries like India depends on natural resources for their livelihood. However, population pressure and climate change are giving additional pressure to biodiversity. The local policy makers have concerns about conservation of biodiversity and improving livelihood of local people in the context of sustainable development. In India, environmental accounting in general and biodiversity in particular are at very early stage. This paper has discussed biodiversity and their role in Indian economy. The value of biodiversity must be integrated with national accounting calculation for the sustainability perspective.