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Poverty and inequality

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...

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Oil slides after IMF says slowing global growth engines portend tougher 2023 -Florence Tan

-ThePrint.in IMF Managing Director Kristalina Georgieva said Sunday that US, Europe and China are all slowing down simultaneously, making 2023 tougher than 2022 for the global economy. Singapore: Oil prices slid on Tuesday from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023 as major economies experience weakening activity. Brent crude futures dropped 98 cents, or 1.1%, to...

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PS Vijayshankar, an expert on sustainable farming and water resource management, interviewed by Shreehari Paliath (India Spend)

-India Spend India's transition to sustainable farming has to be calibrated and orchestrated well, drawing lessons from the successes of India's Green Revolution and the recent crisis in Sri Lanka, says sustainable farming expert P.S. Vijayshankar Bengaluru: The production-centric intensive agriculture brought about by India's Green Revolution in the 1960s, using high-yielding seeds, fertilisers and high levels of groundwater utilisation, helped India achieve food self-sufficiency by the 1970s, but has created a...

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After the floods, Bengaluru needs to clean up its act -TR Raghunandan

-The Hindu Everybody has a favourite villain to blame, yet the herd of restive elephants in the room is led by a particularly malevolent matriarch — corruption The floods have abated in Bengaluru. As individuals struggle to clean their houses, the silt on the roads left behind by the receding water — now a fine dust that flies in the air choking us — is a reminder of those difficult times. Various analyses...

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Why India doesn’t need palm oil but its greener alternatives -Bhavani RV and RS Vaidyanathan

-Down to Earth blog Palm oil is water-intensive and requires large patches of land India is the second-largest consumer of edible oil globally and its largest importer. While the government has taken several initiatives over the years to increase the domestic production of edible oils, its shortage and high price are often in the news. Palm oil production grew between 2015-2016 and 2020-2021 at a compound annual growth rate of 6.1 per cent,...

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