-Down to Earth 43% of total emissions of nitrous oxide, a greenhouse gas 300 times more potent than carbon dioxide, came from human sources, the report said Human emissions of nitrous oxide (N2O) — a greenhouse gas 300 times more potent than carbon dioxide (CO2) — increased by 30 per cent between 1980 and 2016, according to a research paper published in Nature October 7, 2020. Nitrous oxide is a dangerous gas for...
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Ensure no trading takes place below MSP -Devinder Sharma
-The Tribune With APMC markets heading towards a collapse, the new set of reforms is aimed at encouraging corporatisation, with big business moving into agriculture, storage and marketing. As the experience of US/Europe shows, when unregulated markets become dominant, small farmers are the first to be pushed out of agriculture. Reiterating what former US Agriculture Secretary Earl Butz (during Ronald Reagan’s rule) had declared: “Get big or get out,” Sonny Perdue, US...
More »Reject this inequitable climate proposal -T Jayaraman and Tejal Kanitkar
-The Hindu The UN Secretary General’s recent advice to India amounts to asking for its virtual de-industrialisation and stagnation The UN Secretary General António Guterres’s call for India to give up coal immediately and reduce emissions by 45% by 2030 is a call to de-industrialise the country and abandon the population to a permanent low-development trap. Piling on the pressure In an extraordinary move in climate diplomacy, Mr. Guterres, delivering the Darbari Seth Memorial...
More »Explained: Forex reserves at all-time high — why did this happen, and what does it mean for India’s economy? -George Mathew and Sandeep Singh
-The Indian Express The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can depend on its soaring foreign exchange reserves to tackle any crisis on the economic front. India’s foreign exchange (forex) reserves surged by $3.883 billion to touch...
More »In ‘act of god’, coercive not cooperative federalism -Rajeev Gowda and Manpreet Singh Badal
-The Hindu In bridging the GST gap, the Centre ought to help States through the Consolidated Fund of India It is beyond anyone’s imagination that the Government of India would invoke the “Force Majeure” clause against its own people. Unfortunately, this has become reality at a time when every Indian State is massively burdened by the COVID-19 crisis and governance has been severely affected. Finance Minister Nirmala Sitharaman’s statement on Thursday that the...
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