-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

-The United Nations 20 June 2012 – World leaders, along with thousands of participants from governments, the private sector, non-governmental organizations (NGOs) and other groups have come together in Rio de Janeiro, Brazil, to take part in the UN Sustainable Development Conference (Rio+20).   In our Seven Issues, Seven Experts series, UN officials tell us more about the key issues being discussed at the conference and how we can contribute to make our...

-The Hindustan Times There is a widespread perception of policy paralysis in the corridors of power. The two remaining years of the UPA's term is still not too short to reverse the current drift, but time is rapidly running out. The damaged economy needs urgent fixing as does restoring the credibility of an executive racked by scandals and the absence of a sense of direction. The people of the country long...

-The Hindu The State government has ordered the increase in daily wages for beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Scheme to Rs.132 from Rs.119. Nearly 26.49 lakh persons will be benefited by the government’s gesture. This is part of the efforts made by Chief Minister Jayalalithaa, through various schemes, to improve the economy of rural households, considering the fact that villages are the lifeline of the State, stated an...

-The Hindu Meet adopts outcome report on sustainable development The veil of mist hiding the Macico da Tijuca, the mountains that guard the Brazilian city of Rio, lifted as the Rio+20 summit concluded on Friday with the adoption of the outcome report on sustainable development. The report had been finalised by the heads of states and thousands of delegates after prolonged deliberation and intense sparring. The helicopters hovering over the mountainous city, the...