-Down to Earth Veteran environmentalist spoke to Down To Earth about the ongoing disaster in Uttarakhand   Since the past one week, a major tragedy has been unfolding in the high Himalayas of Uttarakhand. The historic temple town of Joshimath, the gateway to the shrine of Badrinath, has been witnessing scenes of panic and anger as locals protest the cracks in the area. From houses to temples to commercial establishments, nothing has...

-TheConversation.com/TheWire.in With the cost-of-living crisis now at the top of the public’s agenda in many developed countries, the setting of interest rates has ceased to be just a technical matter and has instead become highly political. Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic,...

- Deccan Herald Covid-19 reverse migration of labour added to joblessness A rise in self-employment and unpaid family labour three years into the Covid-19 pandemic even as wage rates fell is an indication that rural distress has risen, the economist Santosh Mehrotra writes. Economic distress was on an upward trajectory even before the Pandemic and the sudden arrival of millions of reverse migrants in 2020 added to the stock of unemployed people...

-The Hindu Business Line The National Food Security Act could adopt standardised criteria to identify beneficiaries across States/UTs India’s development report cards have long been plagued by high incidence of malnutrition, making it an often-cited example of the nation’s growth conundrum. With the country being home to more than one-third of undernourished children, it is evident that the problem underlines the need for a targeted and multi-sectoral approach, with the benefits of...

-Moneycontrol.com Globally, central banks have been increasing interest rates to fight inflation. The global economy will bear the brunt of past monetary policy actions in 2023, the Reserve Bank of India (RBI) monthly bulletin said on December 20. "Emerging market economies (EMEs) appear even more vulnerable, having battled currency depreciations and capital outflows in addition to slowing growth and high inflation," Bulletin said. Globally, central banks have been increasing interest rates to fight inflation. RBI...