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...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-Down to Earth Developing countries feel digital sequence information provides a loophole through which developed countries can circumvent the Convention of Biodiversity Negotiations on how to regulate the use of digital sequence information (DSI) of genetic resources could further delay the finalisation of the Post-2020 Global Biodiversity Framework under the UN Convention on Biological Diversity (CBD). The process has already been delayed for two years due to the COVID-19 pandemic. The vast potential of...

-The Telegraph Twitter is making journalism lazy Some sixteen years after the micro-blogging site was created,Twitter occupies more mind space on an hourly basis than its social media rivals. It is currently most used for news breaks in times of conflict,revolution or negotiation and for direct communication by politicians and governments. The rest of the time it offers opinion-mongering by journalists and the public at large and becomes a platform for journalists and...

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...