India faces a challenge of balancing environmental concerns with economic development. Here are a few ideas on how it can be addressed:

• Investing in reforestation: India can increase its forest cover by investing in reforestation programs. This can prevent soil erosion, increase groundwater levels, and provide habitat for wildlife. Also can be a source of sustainable livelihood for local communities.
• Promoting renewable energy: India can invest in renewable energy sources like wind, solar, and hydro power which are eco-friendly and less polluting. This has the dual benefits in terms of economic development and environmental conservation. It can also help in reducing dependency on nonrenewable fossil fuels, thus reducing carbon emissions.
• Controlling pollution: To bring down pollution levels, strict regulations can be implemented on factories and industries. The polluting industries can be shifted out of metropolitan cities, and pollution monitoring can be done regularly to ensure compliance.
• Encouraging efficient waste management: Waste management systems like waste segregation, recycling, and composting can be promoted to reduce waste pollution and also provide employment opportunities.
• Encouraging sustainable agriculture practices: Farmers can be encouraged to adopt sustainable agriculture practices like crop rotation, natural fertilizers, and pest control.

Benefits of these measures would be: A healthier environment, improved biodiversity, efficient resource usage, employment opportunities and reduction in carbon emissions. But there could be drawbacks like resistance from industries and possible legal challenges for implementing environmental regulations, and high cost of implementing renewable energy systems.