-Livemint.com India has had the seventh-longest school closure in the world, affecting over 300 million school-children. Underprivileged students without access to smartphones and computers have been hit hardest For most people across the world, how much they earn is determined by how wealthy and well-educated their parents were. But the degree of ‘persistence’ in incomes across generations is much higher in India than in other developing countries, a team of World Bank...
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Nature-based solutions: Convenient ignorance of the inconvenient truth -Yogesh Gokhale
-Down to Earth Solutions based on going back to nature do exist, but to make a tangible impact on climate change, they need to be executed at scale and with adequate support from both the developed and developing world Nature-based Solutions (NbS) is one of the key focus areas of the upcoming 26th Conference of Parties (CoP26) to the United Nations Framework Convention on Climate Change (UNFCCC) in Glasgow. ‘We’re part of...
More »Explained: Why India Is Protesting EU's 'Carbon Border Tax' -Nikhil Ghanekar
-IndiaSpend.com While the EU says such a tax is essential to push industries to control greenhouse gas emissions, India claims this targets developing countries unfairly. New Delhi: Last week, Indian environment minister Prakash Javadekar opposed the European Union's (EU) plan to levy an additional 'carbon border tax' on imports from countries such as India that do not have strict norms for controlling industrial greenhouse gas (GHG) emissions. Earlier, on March 10, 2021, the...
More »India sees ‘consensus’ by Oct. on OECD-G20 global tax deal
-PTI/ The Hindu Share of profit allocation, subject-to-tax rules’ scope yet to be addressed, says Finance Minister A day after joining the OECD-G20 framework for a global minimum tax, the Finance Ministry on Friday said significant issues including share of profit allocation and scope of subject-to-tax rules were yet to be addressed, and a ‘consensus agreement’ was expected by October. A total of 130 countries on Thursday agreed to an overhaul of global...
More »‘Record’ FDI inflows, yes, cause for celebration, no -Biswajit Dhar and KS Chalapati Rao
-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...
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