Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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After Sikkim, Lakshadweep set to turn 100% organic -Vineet Kumar
-Down to Earth The use of synthetic chemicals for agriculture was halted completely in 2005 by the Union territory Lakshadweep, after Sikkim, is on its way to become 100 per cent organic. The Union territory’s agriculture department had submitted a proposal to the Union Ministry of Agriculture and Farmers’ Welfare, seeking to declare its entire 32 square kilometre geographical land area as organic. The proposal was approved October 26, 2020 after receiving required certifications...
More »For Farmers in Punjab, Minimum Support Price Doesn't Guarantee a Better Income -Vivek Gupta
-TheWire.in With or without the government-mandated minimum support prices, private players in Punjab have been calling the shots, and the new farm laws only legitimise the rampant practice. Chandigarh: Farmers from Punjab, who are up in arms against the Centre’s new farm laws, have more than one reason to remain firm on their demand for the rollback of the contentious laws. For crops where there is no assured government purchase even after the...
More »WWF identifies 100 cities, including 30 in India, facing ‘severe water risk’ by 2050 - Swati Bhatia
-Down to Earth These cities would have to build ‘resilience’ if they were to manage such scarcity, the nonprofit said A hundred cities worldwide, including 30 in India, face the risk of ‘severe water scarcity’ by 2050, according to a recent report by World Wide Fund for Nature (WWF) The cities would face a ‘grave water risk’ by 2050 due to a dramatic increase in their population percentage to 51 per cent by...
More »Sustained efforts required to reduce multidimensional poverty amidst the pandemic
Multidimensional poverty is about non-monetary poverty and is strongly associated with the challenges of achieving the Sustainable Development Goals (SDGs). Although previously defined only in monetary terms, poverty is now understood to include the lived reality of people’s experiences and the multiple deprivations they face. India’s multidimensional headcount ratio (H) i.e. the proportion or incidence of people (within a given population) who experience multiple deprivations has reduced from 55.1 percent to...
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