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Climate change induced extreme events are playing havoc with human lives & livelihoods, show latest available data

It is evident from various studies (please click here, here and here to access) that emission of Greenhouse Gases (GHGs) by the developed as well as the developing countries is responsible for climate change, thus causing extreme weather events to occur, with much more ferocity than in the past. The negative impact of climate change may or may not be felt in the geographical location where historically emission has taken...

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Global economy to feel the heat of monetary policy tightening: RBI Bulletin -Manish M Suvarna

-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...

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Stop PMGKAY, Release Food Grains to the Open Market -Siraj Hussain

-TheWire.in Prudence demands that allocations under PMGKAY are not extended beyond December 2022 and food grains are released in the open market. How important is professional advice to the government? This question crops up from time to time as the capability of government to deliver high growth of 7-8% per annum is challenged. The question will be answered in two weeks from now. Dr Ramesh Chand, member, Niti Ayog and one of the...

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Why are India’s slowing exports a cause for concern? -K Bharat Kumar

-The Hindu How are other export-dominated countries faring? Why is the government optimistic that domestic demand will counter the effects of declining exports? The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit...

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Rabi season prospects

-Financial Express Higher sowing augurs well for bountiful wheat and oilseed production The resilience of India’s agricultural sector has been a positive factor in the India growth story. During the ongoing rabi season, the average area sown for wheat is up by 25%, to 25.5 million hectares as of December 9, from a year earlier. Area under oilseeds, too, is at record levels. All of this augurs well for bumper rabi crops...

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