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Former RBI governor C Rangarajan said that supply side shocks should be the responsibility of the govt.

sustainable development

Feb 23, 2020, 03.11 PM IST

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SUSTAINABLE DEVELOPMENT

India, Norway pledge to address issue of marine plastic litter, microplastics

On Sunday, meeting on the sidelines of 13th meeting of the Convention on Migratory Species being held in Gandhinagar, Environment Minister Prakash Javadekar and Norway’s Environment Minister Sveinung Rotevan kicked of the “super year” for the environment with a joint effort.

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Speaking at the 20th edition of the World Sustainable Developmen...

  • Green bonds are a category of fixed-income securities that raise capital for projects with environmental benefits, such as renewable energy or low-carbon transport.

    About 178 million tonnes of surplus crop residues are available in the country. Burning of these residues leads to rise in pollutant levels. Unscientific disposal of C&D waste is one of the key contributors to the air and water pollution and the annual consumption of construction materials (sand, soil and stone) in India is estimated to be 3,100 million tonnes.

    Scaling up development programmes for improving connectivity, providing housing and bridging gender gaps in socio-economic indicators is of paramount importance for sustainable development.

    Under the new set of rules, all families below the poverty line and cowsheds have been totally exempted from paying property tax, it was decided in the general House meeting of the Dharamshala Municipal Corporation (DMC) on Thursday.

    Science shows that impacts of unchecked warming will be felt more keenly in countries like India. A recent report by the environmental think tank Germanwatch ranks India as the fifth-most vulnerable country in terms of extreme weather events. Studies show that the current level of efforts to slow down global warming will see average temperatures in India rise by 1-2° C by 2050.

    Kumar also said growth-enhancing measures are the need of the hour to achieve India's potential growth rate of 7-8 per cent per annum. He attributed the current slowdown to low investment, muted consumption expenditure and lagging exports.

    Indian tourists will be required to arrange their travel through a Bhutanese ground handler who will process e-permits, arrange certified guides and local transportation. A detailed itinerary will need to be agreed to by both sides – Indian tourist group as well as the Bhutanese authorities.

    Announcing the initiative, the World Economic Forum (WEF) said 140 of the world's largest companies support effort to develop a core set of common metrics and disclosures on non-financial factors to their investors and other stakeholders.

    India's composite score improved from 57 in 2018 to 60 in 2019-20 with major success in water and sanitation, power and industry. However, nutrition and gender equality continue to be problem areas for India, requiring more focussed approach from the government.

    India needs a whopping USD 2.64 trillion investment to meet the UN's sustainable development goals (SDGs), offering the private sector an investment opportunity of over USD 1.12 trillion by 2030, according to a report.

    “…New Delhi is associated among the countries of the region not with competition for regional leadership, but as an example of mutually beneficial and respectful cooperation. From of old, India’s role in our region has always been constructive and in-demand one,” Kamilov said in his ministerial address at Raisina Dialogue.

    The report has also lowered GDP growth estimate for India while expressing hope that combination of fiscal stimulus and financial sector reforms will help boost consumption. However, the data related to India was revised to 5% for the current fiscal and 5.8-5.9% for the next financial year, Nagesh Kumar, Head, UN Economic and Social Commission for Asia and the Pacific, said.

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