Chandigarh,16.11.19-With a view to deliberate upon the sustainability implications of Economy-Nature relationship, Mehr Chand Mahajan DAV College for Women organized an international discourse by Prof. Pritam Singh, Visiting Scholar, Wolfson College, University of Oxford and Professor Emeritus, Oxford Brookes University, Oxford, UK. A joint endeavour of the Postgraduate Department of Economics and Department of Philosophy, the discourse was well-attended by faculty and students.

At the outset, Prof. Pritam Singh expressed hearty appreciation for the efforts of the college in the direction of sustainability and women empowerment. In his enlightening discourse, Prof. Singh asserted that in order to understand and handle the environmental crisis effectively, it is essential to first comprehend the economy- environment relationship. Through an incisive comparative analysis of the traditional two-sector model and thermodynamic model of economy, Prof. Singh explained how the second model can truly capture the economy- environment relationship. With economic activity essentially implying movement from low entropy to high entropy, Prof. Singh advocated for a strategic shift towards new economic activities that are informed by environmental conservation and development of infrastructure to support such environment friendly activities. On resolving the trade-off between environmental protection and economic growth, he reiterated that the future economic system should be a sustainable one wherein environmental consciousness is brought about through incorporation of environment education in the curriculum.

Principal Dr. Nisha Bhargava complimented the organisers for initiating discussion on such a topical issue. She added that the modern practices, rapid industrialization and abuse of natural resources have had a profound impact on the environment and resulted in an inverse relationship between economic growth and environment. She said that this can be corrected through concerted efforts of each and every individual who realizes his/ her ethical and moral responsibility towards the future generations.