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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India suffered income loss of $159 billion in key sectors due to extreme heat in 2021: Report
-PTI/ The Hindu Between 2016–2021, extreme events triggered by climate change caused damage to crops in over 36 million hectares, and a $3.75 billion loss for farmers in the country India suffered an income loss of $159 billion, 5.4% of its gross domestic product, in the service, manufacturing, agriculture, and construction sectors due to extreme heat in 2021, according to a new report. Heat exposure in the country led to the loss...
More »No Transparency, Accountability or Public Participation when ISA Approves Exploratory Deep-Sea Mining
-Press release by Mineral Inheritors Rights Association (MIRA) dated September 21, 2022 The United Nations Convention on the Law of the Sea (UNCLOS) declares that the area beyond the limits of national jurisdiction (comprising the seabed, ocean floor and subsoil, excluding the water above) (the “Area”) and its resources, are the Common Heritage of Humankind. All rights in the resources of the Area are vested in humankind as a whole. UNCLOS provides...
More »Food price inflation could have been avoided, says new IPES-Food report
-International Panel of Experts on Sustainable Food Systems (IPES-Food) How the failure to reform food systems has allowed the war in Ukraine to spark a third global food price crisis in 15 years, and what can be done to prevent the next one. With the invasion of Ukraine sparking a third food price crisis in 15 years, a new IPES-Food special report, ‘Another Perfect Storm?’ takes stock of the critical factors fanning...
More »India Ranks 85th Among 180 Countries In Global Corruption Index: Report
-PTI/ NDTV.com Except Bhutan, all of India's neighbours are ranked below it. Pakistan dropped 16 spots in the index and was ranked at 140. New Delhi: India's rank improved one place to 85 among 180 countries in a corruption perception index (CPI) of 2021, according to a new report by transparency international which, however, raised concern over the country's democratic status. The index, which ranks 180 countries and territories by their perceived levels...
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