KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »SEARCH RESULT
UNEP production gap report: Net-zero targets by countries are empty pledges without plans -Samrat Sengupta
-Down to Earth Governments are planning to produce more than double the production of fossil fuels than what the world requires to limit global temperature rise to 1.5 degrees Celsius The climate crisis has become clearer than ever, but it has not been able to compel major emitters to improve action on the ground so far. Governments across the world are still planning to produce more than double the fossil fuels than...
More »Transparency at any cost
-The Hindu The shutdown of the 220 MW Unit-1 of the Kakrapar Atomic Power Station located in Gujarat’s Surat district following leakage of heavy water used to cool the nuclear reactor, on March 11, the fifth anniversary of the Fukushima Daiichi nuclear plant disaster in Japan, is at once a reminder of the inherent risks associated with operating nuclear reactors and the importance of augmenting safety mechanisms. Unlike the Fukushima accident,...
More »Nutrition, effective cash transfers: How to ensure social protection -Ashim Choudhury
-Hindustan Times Small and marginal farmers comprise 85% of the land holdings in India. Social protection is a survival tool for the rural poor, who have no easy access to wage labour. India recognised the need for social protection early on and introduced a slew of social protection programmes like the National Rural Livelihoods Mission. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) provides 100 days of assured labour wages...
More »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...
More »