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...

-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...

-Down to Earth Incentivising farmers to sell solar power as a remunerative crop can help reduce the usage of diesel pumps The irrigation-energy nexus in India's agriculture sector is characterised primarily by depleting groundwater and a growing debt burden of power distribution companies (DISCOM). This is due to massive power subsidies that remain underfunded by the states.   The Government of India (GoI) has been promoting solar irrigation pumps by offering substantial investment...

-Down to Earth Aggressive sugarcane farming contaminates land, water The Union government intends to increase the amount of ethanol in the energy mix to lower the country’s dependence on imported oil and Carbon footprint, as well as stabilise petrol prices.  India currently blends about 8.5 per cent ethanol in petrol. The government is targeting a 10 per cent ethanol blend by 2022 and a 20 per cent blend (E20) by 2025. E20 can save...

-The Indian Express The ingenious plan, a brainchild of state Finance Minister TM Thomas Isaac, was formally rolled out earlier this week in Meenangadi, a panchayat of 33,000 people curled up in the Western Ghats hills in Wayanad district. Kochi: In a bid to encourage planting and preserving trees and thereby reduce Carbon footprint, a village in Kerala has kickstarted a project that will allow farmers to mortgage the trees on their...