-Scroll.in An Assam MP explains why he introduced the Climate Migrants (Protection and Rehabilitation) Bill in Lok Sabha. According to the Internal Displacement Monitoring Centre, nearly five million Indians were forced to leave their homes because of climate-related events in 2021. While many of these people were displaced temporarily, internal displacement due to climatic conditions stands to be a major challenge for India in the years to come. Rising water levels, according...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-Scroll.in The fading away of the base effect and a contraction in the manufacturing sector led to the falling numbers. India’s gross domestic product grew by 6.3% in the July-September quarter of financial year 2022-’23, the Union Ministry of Statistics and Programme Implementation said on Wednesday. This was a sharp decrease from the 13.5% growth in the previous April-June quarter. In the corresponding July-September quarter of financial year 2021-’22, the growth rate was...

-TheWire.in A detailed analysis of India’s growth trajectory, comparing its growth trends with other industrially developed economies across sectors and with other like-minded group of nations. This article, extrapolating our key findings from a recent Centre for New Economics Studies (CNES) research analysis, involves a detailed analysis of India’s growth trajectory over the last three decades comparing its growth trends with other industrially developed economies across sectors like manufacturing, services, banking, etc.,...

-Hindustan Times The World Bank should ensure “greater transparency and accountability” while factoring in subjective opinion-based indices as inputs for its World Governance Indicators (WGI) that has significant weightage in sovereign ratings, the Economic Advisory Council to the Prime Minister (EAC-PM) said in a series of tweets citing an internal working paper, and called for independent Indian think tanks to bring out similar perception-based indices for the world in order to...