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...

-Down to Earth Poor, marginalised to be worst hit; Economic Productivity to be jeopardised too A new report by the World Bank suggests India could soon become one of the first places in the world to experience heatwaves that break the human survivability limit. Climate Investment Opportunities in India’s Cooling Sector said the country is experiencing higher temperatures that arrive earlier and stay far longer. India has witnessed a concurrent increase in meteorological...

-Hindustan Times Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk Productivity, or output per cattle, while raising costs of production for farmers. Increasing spells of summer heatwave in northwestern India, thought to be linked to climate change, are hurting milk Productivity, or output per cattle, while raising costs of production for farmers, a study by the flagship National Dairy Research Institute has...

-PTI/ The Hindu Between 2016–2021, extreme events triggered by climate change caused damage to crops in over 36 million hectares, and a $3.75 billion loss for farmers in the country India suffered an income loss of $159 billion, 5.4% of its gross domestic product, in the service, manufacturing, agriculture, and construction sectors due to extreme heat in 2021, according to a new report.   Heat exposure in the country led to the loss...

-Moneycontrol.com Measures like assistance for fallow land cultivation, upland cultivation, and conversion of single crop to double crop have increased Productivity. Though paddy farmers are still struggling with rising cost of production and procurement delays, they get a daily wage of Rs 700, against Rs 200-300 in other states. Paddy farmers in Kerala have something to cheer amidst the ongoing row between the Kerala government and the rice millers over procurement. Rice production...