-The Hindu Hundreds of species of pollinators may be in dangerous decline Across India’s agrarian plains, plantations and orchards, millions of birds, bats and insects toil to pollinate crops. However, many of these thousands of species may be in dangerous decline. In 2015, the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) found that pollinators lead to huge agricultural economic gains. The report estimated pollinator contribution in India to be $0.831-1.5 billion...
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Groundwater depletion alarming in northwest, central India -R Prasad
-The Hindu Natural recharge during monsoon may not help much if groundwater depletion becomes acute, as rainfall of past years controls current storage With 230 billion metre cube of groundwater drawn out each year for irrigating agriculture lands in India, many parts of the country are experiencing rapid depletion of groundwater. The total estimated groundwater depletion in India is in the range of 122–199 billion metre cube. The Indo-Gangetic Plain, northwestern, central and...
More »Demonetisation, GST held back growth: Raghuram Rajan
-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...
More »Study finds unemployment rate at 6.9%, a 2-year high -Rajesh Chandramouli
-The Times of India CHENNAI: Unemployment rate in the country rose to 6.9% in October, the highest in two years, according to the Centre for Monitoring Indian Economy. Worse still, the labour participation rate – a measure of the proportion of adults willing to work – fell to 42.4%, the lowest since January 2016, CMIE said. “Labour participation rate fell sharply after demonetization”, from around 47-48%, “and it has still not recovered,”...
More »No respite from poverty for Muslims -Irfan Ahmad & Santosh Mehrotra
-The Hindu Government intervention is required to improve educational and economic indicators The National Sample Survey Office (NSSO) labour force survey reports that the economic condition of Muslims does not show any signs of improvement despite India being the fastest-growing large economy. An analysis of the data on economic and educational indicators for various religious groups reveals that Muslims are facing a vicious circle of poverty. Lowest education levels The NSSO’s 68th round (2011-12)...
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