This paper purports that the EKC for India is not an inverted “U” shaped curve based on the relationship between environmental degradation and per capita income. This is done with the help of key developmental variables (GDP, GDP per capita) and key environmental variables (CO2, CO2 per capita) using semi log equations for growth analysis and structural equations for EKC analysis for the time period 1990-2014. The findings of the paper reveal that there is strong evidence for the existence of an N-shaped EKC for India with the GDP term, its square and cube, all turning out to be significant with the expected signs.