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World Environment Day: Despite increasing green cover, India is losing its forests -Malavika Vyawahare

-Hindustan Times Between 1880 and 2013 India lost about 40% of its forest cover. Today, 24% of its area is under forests or 7 lakh sq km, according to government data. The area under forest and tree cover has grown by 5,081 sq km between 2013 and 2015. “Do not erect a memorial when I die, but plant a tree if you loved and respected me,” Union environment minister Anil Madhav Dave...

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Shame of unpaid debt a key reason for farmer suicides, finds study -Sayantan Bera

-Livemint.com The RBI-commissioned study listed faulty crop choices and aspirational consumption patterns as other major factors for farmer suicides New Delhi: Shame arising out of inability to repay loans taken from relatives and acquaintances is a key reason for farmers resorting to suicide, a study commissioned by the Reserve Bank of India (RBI) found. The study titled “Lives in debt: narratives of agrarian distress and farmer suicides”, conducted by researchers at Shiv Nadar...

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Job creation in high-growth India should be a top priority -Harsh Mander

-Hindustan Times There are almost no jobs available in India’s high-growth economy. Job creation has plummeted to levels even below those of preceding UPA governments. Of the one million new people who join the workforce every month, only 0.01% of new workers added to the work force actually found work. For millions of young voters Prime Minister Modi’s most alluring election promise in 2014 was that his government would create ten million...

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Rural job scheme will eat into food security, claims study -Padmini Sivarajah

-The Times of India MADURAI: The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), rolled out a decade ago, has impacted households and individuals in a positive as well as negative way, but the adverse impacts of the scheme could impact the nation's food security, according to an authoritative study. What may set the alarm bells ringing is the projected decline in acreage under rice cultivation in states like Tamil Nadu and...

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Demonetisation did not impede future black money flows: UN report

-IANS As per the report, the disruption caused by demonetisation had ‘greater and longer-lasting’ impacts for lower-income individuals, households and businesses. The Indian government’s demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia and the Pacific 2017, complementary measures to demonetisation would be required to target all forms of undeclared wealth and assets. “Broader structural reforms...

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