Mishra introduced a new concept of cyclical investment, Chakriya Vikas Pranali, where a part of the returns from a scheme becomes the capital of the next project, which is noted to have assisted in increasing rural employment and making the village self-reliant. The International Institute for Environment and Development (IIED) acknowledged the success of the Sukhomajri project by publishing a case study report, by P. R. Mishra and M. Sarin under the title Social Security Through Social Fencing. The article was included in the 1988 book, The Greening of aid: sustainable livelihoods in practice, published by IIED. The Government of India awarded him the fourth highest civilian award of the Padma Shri in 2000, for his services in the fields of ecology and environment.
