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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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What is in store for India’s imports?

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

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Due diligence reqd. prior to blanket school closures as a precautionary measure against air pollution

--Press release by National Coalition on the Education Emergency dated November 9, 2022 The Delhi government had announced the closure of primary schools last week, as recommended by the NCPCR, owing to the air pollution crisis in the city. While the concern about the health and well-being of children is certainly valid, the response to such a crisis needs to take into account other contributing factors such as the importance of...

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Climate crisis threatens India’s food security, warn scientists -Zia Haq

-Hindustan Times Climate scientists have warned that scorching heatwaves in India, among other extreme weather events, are “most certainly” being driven by global warming, posing a risk to the country’s food security. Heatwaves in the country, which shaved off 3 million tonne of wheat output this year compared to the year before, are being driven by changing weather patterns induced by global warming, scientists at the Indian Institute of Tropical Meteorology, Pune,...

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MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur

-Livemint.com Public support measures helped India’s small businesses survive the pandemic better than feared The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary. As an immediate response to the pandemic, the government put...

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