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The Aim of this Book is to examine relationship of economic growth, economic development and economics of environmental process in India in general and Gujarat in particular. Economic development process has to have taken care of environmental pollution both natural and manmade. Environmental Economics and Resource Economics have evolved from various branches of economics such as welfare economics, macro economics, industrial economics, public finance etc. After economic reforms in 1991 in India, economic growth and industrialization processes have created tension for management of environmental pollution in terms of water pollution, solid waste, air pollution, noise pollution, traffic pollution etc. Global Warming has also challenged availability and utilization of resources for present and future generation along with sustainable growth of economy as well as sustainable environmental pollution. However, this study is confined to the study of industrial and water pollution in Gujarat State.