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Looking up: The farm hope -Harish Damodaran

-The Indian Express The ongoing price recovery in major crops is in danger of being stymied by knee-jerk government response. A lot of analyst commentary on the latest quarterly GDP numbers for India has focused on the low growth in “nominal” terms: Gross value added (GVA) at current prices grew by just 6.3% year-on-year in July-September and 7.1% for April-September. If this first-half trend holds for the rest of 2019-20, it would...

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The last herders of Pushkar

-The Hindu Business Line A low turnout at the famous Puskhar fair highlights the declining interest in the once-popular profession of camel herding The Pushkar Fair, held annually in Rajasthan’s Ajmer, is known as one of the world’s largest cattle fairs. It also celebrates the age-old traditions of the pastoralist camel-herding Raika tribe. On November 4-12, more than 1,000 of the community’s camel herders arrived with their livestock at the fair. They...

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The curious case of a consumption decline

-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...

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75% climate pledges fall short: Researchers -GS Mudur

-The Telegraph The report examined each of the 184 voluntary pledges under the Paris climate pact Nearly three-quarters of the climate pledges from 184 countries under the 2015 Paris climate pact are insufficient to adequately lower Earth-warming greenhouse gas emissions and cap global warming to below 1.5 degrees Celsius, researchers iterated on Tuesday. India, China and the US are among the 136 countries (74 per cent) whose pledges to curb their emissions...

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It's time to move away from paddy-wheat cropping cycle to end air pollution

  Air quality in North India in general and Delhi National Capital Region (Delhi NCR) in particular plunged to its lowest point in recent years during October-November thanks to a variety of factors. Through media reports one comes to know that stubble burning (also called paddy straw burning/ crop residue burning) is chiefly responsible for the public health crisis in India's capital and its nearby regions. Data accessed from the website...

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