Making a strong pitch for tiger conservation, he said it is "not a drag on development" and there is need to define conservation as a means to achieve development than considering it as "anti growth" and called for involving business groups in this regard.
"We need to define conservation as a means to achieve development rather than considering it to be anti-growth. I strongly believe that tiger conservation or conservation of nature, is not a drag on development," he said, adding that both can happen in a mutually complementary manner.
"Both can happen in a mutually complementary manner. All we need is to re-orient our strategy by factoring in concerns of the tiger in sectors where tiger conservation is not the goal. This is a difficult task but can be achieved.
"Our genius lies in smartly integrating the tiger and wildlife safeguards in various infrastructures at the landscape level. This essentially takes us to the much needed smart green infrastructure, while adopting a landscape approach," he said.
Also Read
He noted that keeping in mind the ecosystem value of tiger conservation areas, there is a need to consider them as 'natural capital'.
"Benefits from tiger conservation are enormous but intangible. We cannot quantify this in economic terms," he said.
Modi said the country's institutions have done economic valuation of a few tiger reserves and their study highlights that besides conserving the tiger, these reserves also provide a range of economic, social, cultural and spiritual benefits known as ecosystem services.
Modi said forests are inseparable from wild animals and both are mutually complementary.
"Destruction of one leads to destruction of the other. This is an important cause of climate change which is now affecting us adversely in many ways. This is a global phenomenon which all of us are grappling with," he said.