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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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The quiet IPCC warning

-The Hindu The United Nations Intergovernmental Panel on Climate Change (IPCC) has given its starkest warning of the likely impact of climate change. The IPCC's March 31 report, the most comprehensive yet, states that the evidence of global warming is now overwhelming, and warns that all countries and all social classes of people will be affected by changes which are likely to be "severe, pervasive and irreversible." All animal species...

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Sustaining farm sector growth amid fall in water availability -Kunal Bose

-The Business Standard   Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks...

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Lok Sabha polls 2014: Why is climate change not an election issue?-Apurv Kumar Mishra

-DNA The Indian political class is completely disengaged with the environment because the issue does not get votes. And the poor, who will be the most affected by climate change, are mostly unaware about it, though it is an existential issue for our country. In William Shakespeare's play Julius Caesar, a series of bizarre events happen in Rome before Caesar's assassination, leading a soothsayer to warn him: "Beware the ides of...

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Warmer and warmer

-The Business Standard Latest climate report raises the stakes for India The latest report of the United Nations Intergovernmental Panel on Climate Change (IPCC) sounds more alarming than its earlier versions - and for good reasons. Even as global warming has begun to hit life, property, infrastructure and the economy, there seems little let-up in environmentally harmful activities. Going by the IPCC report, which was released in Japan on Monday, a rise...

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