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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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fatal Heatwave in Uttar Pradesh Linked to Climate Change - Carbon Copy

New analysis shows that the extreme heat event in Uttar Pradesh in June this year was made at least two times more likely by human-caused climate change While northwestern parts of the country were reeling under the effects of Cyclone Biparjoy last week, a heatwave in Uttar Pradesh claimed the lives of many. Beginning from June 14, the rising temperatures in UP and nearby state Bihar has led to hospitalisations of...

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India's April heatwaves were 30 times more likely due to climate change - PTI/Hindu Businessline

Human-caused climate change made April's record-breaking heatwaves in Bangladesh, India, Laos, and Thailand at least 30 times more likely, according to an analysis conducted by a group of leading climate scientists. The study by World Weather Attribution also emphasises that the region's high vulnerability, known as a heatwave hotspot, exacerbated the impacts of the heatwave. During April, parts of south and southeast Asia faced an intense heatwave, reaching unprecedented temperatures exceeding 42...

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Flawed MGNREGS Attendance App Impacts Workers’ Pay In World’s Largest Rural Jobs Programme - Shreehari Paliath, Anand Dutta

IndiaSpend On a sweltering April afternoon, Hari Oraon, 51, was sitting outside his home in Latehar’s Ahirpur village of Mahuadanr block, nearly 200 km northwest of Ranchi. He was worried. Owing to pending wages--he had not been paid for seven days--Hari Oraon had not gone to work for the last two days. “I do not know why this happened, and I am not sure if I will receive it,” said Hari, a...

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Government sells Rs. 900 crore of wheat to counter food price spike - Ravi Dutta Mishra

Food inflation rose sharply to 6.19% in January from 4.58% in December, led by rising prices of most segments Livemint.com The union government on Wednesday sold 385,000 tonnes of wheat worth ₹901 crore in the open market, in the second round of a planned auction of three million tonnes it plans to offload from the central pool to counter rising prices of the key foodgrain. The move assumes significance as India’s retail inflation...

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