The Moving Upstream: Luni program is a continuation of Veditum’s Moving Upstream fellowship program which we co-host with the Out of Eden Walk. For the Luni program, we are partnering with the School of Pubic Policy at Indian Institute of Technology (IIT) Delhi, and this effort is supported by A4Store & Out of Eden Walk. The aim is to document the river and life in and around it, the impact of man-made...
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FCA Amendment: No Forest For The Weary - Shreeshan V , Anushka Mohite Mahale , Moonis Ijlal
Carbon Copy A freshly passed amendment to the Forest Conservation Act has created a stir among ecologists, parliamentarians and stakeholders. With several contentious provisions, the amendment reveals an afforestation push where rights and justice take a backseat to commercial interests. This week, amidst a raucous monsoon session, the Indian Parliament saw the passage of several consequential pieces of legislation in quick succession. Among them was the contentious amendment to the Forest Conservation...
More »Food Inflation Increases to 11.51% in July, Highest in 3.5 Years
India's July consumer price food inflation has risen to 11.51 percent from a year ago, its highest rate in three and a half years. The last time food inflation was above this rate was in December 2019. The price of cereals, pulses, vegetables and spices helped push food inflation into double digits. The Consumer Price Index (CPI) for July is 7.44 percent, up from 4.87 percent in June. High food inflation...
More »135 Million Indians Exited “Multidimensional" Poverty as per Government Figures. Is that the same as Poverty Reduction?
The Niti Aayog recently released its National Multidimensional Poverty Index 2023, according to which the poverty headcount ratio declined from 24.85 percent in 2015-16 to 14.96 percent in 2019-21. In absolute numbers this translates to 135 million people exiting multidimensional poverty in this time period. In addition, a few days earlier, the United Nations Development Programme (UNDP) released its own Multidimensional Poverty Index, which in a press note said that,...
More »India will soon become third largest economy. Does it matter?
Subhash Chandra Garg, Deccan Herald Given the depreciating USD, India’s $5tn GDP goal of 2019-20 equals $5.74tn in 2022-23, and at further 3 per cent depreciation, it would need to be $6.65tn in 2027-28. The Government of India announced in 2019-20 the goal of a $5 trillion GDP by 2024-25. India’s GDP was $2.84 trillion that year, needing a $2.16 trillion gap to cover in five years. India’s GDP reached $3.39 trillion...
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