Subhash Chandra Garg, Deccan Herald Given the depreciating USD, India’s $5tn GDP goal of 2019-20 equals $5.74tn in 2022-23, and at further 3 per cent depreciation, it would need to be $6.65tn in 2027-28. The Government of India announced in 2019-20 the goal of a $5 trillion GDP by 2024-25. India’s GDP was $2.84 trillion that year, needing a $2.16 trillion gap to cover in five years. India’s GDP reached $3.39 trillion...
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Niti Aayog says 20.79 Crore Indians Are 'Multidimensionally Poor' - Banjot Kaur
The Wire The Niti Aayog’s second edition of the Multidimensional Poverty Index (MPI) has projected that about 14.96% of the Indian population is ‘multidimensionally’ poor. In absolute terms, 207.9 million (20.79 crore) Indians are poor and face deprivation in multiple development areas, as per population projections for the year 2021. Though this report also claimed that the multidimensional poverty in India has declined from 24.85% to 14.96% between 2015-16 and 2019-21. The...
More »Explainer: Why are Tomato Prices on Fire?
Tomato prices are up THRough the roof. Retail prices are in the range of Rs 120-150 per kilogram in most mandis across India, making the household vegetable more expensive than petrol. Prices, which at the beginning of the year were in the range of Rs. 25 a kg, have increased by an order of between 500-600 percent. What does the data show? The National Horticultural Board is a body under the...
More »Soaring tomato prices: Blame it on virus that upset Kolar's fruit cart - Anitha Pailoor
Deccan Herald The reason for the sudden rise in tomato prices across the country lies in Bengaluru’s backyard. The arrivals at the Kolar Agricultural Produce Market Committee (APMC), which is a major supplier of tomatoes to the entire country from June to September, have seen a sharp decline. The APMC has received only 3.2 lakh quintals of tomatoes this June, as against 5.45 lakh quintals in June 2022. In fact, the...
More »Fatal Heatwave in Uttar Pradesh Linked to Climate Change - Carbon Copy
New analysis shows that the extreme heat event in Uttar Pradesh in June this year was made at least two times more likely by human-caused climate change While northwestern parts of the country were reeling under the effects of Cyclone Biparjoy last week, a heatwave in Uttar Pradesh claimed the lives of many. Beginning from June 14, the rising temperatures in UP and nearby state Bihar has led to hospitalisations of...
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