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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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Highlights of Economic Survey 2014-15

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

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21st century ‘hottest’ on record as global warming continues, UN agency warns

-The United Nations Devastating weather patterns and increasing temperatures will last into the foreseeable future as global warming is expected to continue, the United Nations World Meteorological Organization (WMO) confirmed today as it explained that 2014's ranking as the "hottest year on record" is part of a larger climate trend. "The overall warming trend is more important than the ranking of an individual year," WMO Secretary-General Michel Jarraud clarified today in a...

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Economist suggests steps to tackle drought and crop failure in region -Ranjana Diggikar

-The Times of India AURANGABAD: With Marathwada being most affected by drought and near-total loss of crops forcing more than 500 farmers to commit suicide during the past one year, noted economist and former member of Maharashtra State Planning Board, H M Desarda, has suggested to the state government that there is immediate need to return to the low external input sustainable agriculture (LEISA), which alone can rescue farmers from the...

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Solar power can be the game-changer for inclusive growth -Vikas Gupta

-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...

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