TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...
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Cutting smog and soot could have fast and broad benefits – UN-backed report
-The United Nations Fast and relatively short-term action to curb soot and smog could improve human health, generate higher crop yields, reduce climate change and slow the melting of the Arctic, according to a United Nations-backed study released today. The study, compiled by an international team of more than 50 researchers and coordinated by the UN Environment Programme (UNEP) and the World Meteorological Organization (WMO), “complements urgent action needed to cut...
More »Spending more on forests could reap enormous benefits – UN report
-The United Nations Investing a relatively small amount each year in the forestry sector could halve deforestation, create millions of new jobs and help tackle the devastating effects of climate change, according to a United Nations report released today to mark World Environment Day. The report, “Forests in a Green Economy: A Synthesis,” finds that an additional $40 billion spent each year in the forestry sector – or just 0.034 per...
More »UN report favours more investment in forestry sector
-The Hindu Investing an additional $40 billion annually in the forestry sector can halve the deforestation rates by 2030, increase the rate of tree planting by about 140 per cent by 2050, and catalyse the creation of millions of new jobs, according to a report by the United Nations Environment Programme (UNEP). Backed by the right kind of enabling policies, such an investment — equal to about two-thirds more than what...
More »Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh
The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...
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