-Scroll.in Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves. The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would MIStakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation. Looking closely at the numbers it...

With the release of a UNDESA report on the World Population Day this year i.e., July 11, once again the debate on who's responsible for the population growth in India has resurfaced. Titled World Population Prospects 2022, the report states that the global population is expected to touch 8 billion on November 15, 2022, and India is projected to exceed China as the world’s most populous country in 2023.  As soon as...

-The Hindu The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the country is growing at a much faster rate than most economies and presently assert that inflation is much lower. The growth performance is not so...

-The Telegraph The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further aggravated by the pandemic, the war in Ukraine, and reduced global food production. The looming hunger crisis is especially potent for vulnerable populations living in...

-Down to Earth Police stop farmers from using tube wells to irrigate their fields   India’s largest state, Uttar Pradesh, appears headed for a drought. Seventy-two of its 75 districts (96 per cent) recorded ‘below normal’ rainfall till July 20, 2022, according to India Meteorological Department (IMD) data. Fifty-nine of the 75 districts recorded ‘extremely low’ rainfall. These districts are suffering a ‘large deficit’, which means they received less than 60 per cent...