-The Hindu * Why has it stayed away from both the methane pledge and the forest conservation declaration at Glasgow? The story so far: At the ongoing UN Climate Change Conference (the 26th Conference of Parties-COP26) in Glasgow, the United States and the European Union have jointly pledged to cut emissions of the greenhouse gas methane by 2030. They plan to cut down emissions by 30% compared with the 2020 levels. At...
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Five Years Since Demonetisation, Value Of Cash In Circulation Up 64% -Animesh Singh
-NDTV.com (with inputs from Agencies) The value and volume of bank notes in circulation had increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21 Though the government had launched its sudden move of demonetisation to cull out black money by weeding out currency notes worth 500 and 1,000 rupees denomination out of the system, on November 8, 2016, the notes in circulation in value terms have increased by 64...
More »Charting a trade route after the MC12 -Biswajit Dhar
-The Hindu An upbeat global trade scenario provides an ideal setting for Trade Ministers to correct iniquitous rules and provisions The World Trade Organization (WTO)’s 12th Ministerial Conference (MC12) is being convened in Geneva, Switzerland at the end of this month, a year-and-a-half after it was scheduled to be held in Kazakhstan (June 2020, but postponed due to the novel coronavirus pandemic). The MC12 is being held at an important juncture when...
More »Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar
-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research...
More »An hour-by-hour account of how Delhi’s air quality tanked on Diwali -Abhishek Jha
-Hindustan Times Delhi air was cleaner on Diwali eve in 2021 than it was in 2019 and 2020. Things went downhill rapidly. Delhi woke up to one of its most polluted mornings this year after Diwali, according to Air Quality Index (AQI) data, with farm fires in Punjab and Haryana, and the use of fireworks on Diwali night (Thursday) contributing to the spike. To be sure, AQI is not the best metric for...
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