The document discusses environmental degradation as an increasing concern. It notes that environmental degradation occurs through depletion of resources like air, water, and soil as well as destruction of ecosystems and wildlife extinction. If the environment becomes irreparably compromised, it could mean the end of human existence as we only have one Earth. The document then provides examples of different types of environmental degradation like air, water, and land pollution and their negative impacts. It shares statistics on the large economic costs of environmental degradation in India annually. The conclusion calls for reducing waste and pollution, reusing products, and saving the natural environment and resources to also benefit the country's economy.