"Sustainable development is a broad concept that balances the need for economic growth with environmental protection and social equity". Define sustainable development and its principles.

Sustainable development essentially refers to the process of maintenance of the quality of environmental and social systems in the pursuit of economic development. It is a broad concept and it combines economics, social justice, environmental science and management, business management, politics and law. Sustainable development is a process of change in which the exploitation of resources, the direction of investments, the orientation of technological development, and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. The Brundtland Report first introduced the concept. Four fundamental Principle of Sustainable Development agreed by the world community are: Principle of Intergenerational equity: need to preserve natural resources for the future generations. Principle of sustainable use: use of natural resources in a prudent manner without or with minimum tolerable impact on nature. Principle of equitable use or intergenerational equity: Use of natural resources by any state / country must take into account its impact on other states. Principle of integration: Environmental aspects and impacts of socio-economic activities should be integrated so that prudent use of natural resources is ensured.