Thinking blue for greening the world
January 6, 2022
The oceans act as the largest carbon sink in the world, and our biggest line of defence against the repercussions of Climate Change. Despite being a natural carbon absorbent, programmes aimed at transforming the ocean economy and ecology, and meeting its financial needs have come up short. The SDG 14 (life below water) includes 10 targets designed for the well‑being of the oceans, and the living resources therein. According to the Asia and the Pacific SDG Progress Report 2021, the performance of the goal has regressed in the Asia Pacific region.
Hon'ble Governor of Uttar Pradesh Anandiben Patel calls for Youth to be Ambassadors for Sustainable Development
December 17, 2021 |
December 17, 2021
The SDG Report 2021, released by the Hon'ble Governor of Uttar Pradesh Anandiben Patel, is the culmination of outstanding efforts by TERI, Trust Legal and Mazars to create a new dimension for promoting sustainable development.
Despite challenges, ESG investing is gaining momentum in India
September 28, 2021
| Money Control
There is rising recognition of Environment Social and Governance (ESG) investing in developing economies, especially in times of increasing global uncertainties owing to the COVID-19 pandemic. Companies with strong ESG credentials are seen to be performing well financially with a marked increase in the share prices vis-à-vis their competitors. This indicates increased integration of ESG into asset pricing. Interestingly, the risk and return trade-off for investors have also changed after the onset of the pandemic.
How India can be part of global supply chains
July 16, 2021
| The Hindu Business Line
A major shift in policy has been taking place in the pursuit of Atma Nirbhar Bharat. These found clear expression in the Finance Minister's Budget speech. The two key industrial policy instruments being adopted are a review of import duties to promote domestic manufacturing and a PLI (Production Linked Incentive) scheme for cash payment on the achievement of pre-determined benchmarks to firms across a wide spectrum of manufacturing.
Real exchange rate: Why the RER is so important
April 7, 2021
| The Financial Express
By 2017, the real exchange rate (RER) of India had appreciated by over 18%. There was hardly any significant growth in productivity to warrant such a large appreciation. To understand the RER movement, if in a year India has an inflation rate of 6% and its trading partners have a weighted average inflation rate of 2% and the nominal exchange rate remains the same, then the RER appreciates by 4% that year. Imports become cheaper by 4% due to the difference in inflation rates with the exchange rate remaining the same. Similarly, exports become more expensive by 4%.
Social security for faster growth
February 16, 2021
| The Hindu Business Line
The upgradation of the skills of the existing work force needs greater priority and focus under the Skill Mission. Programs have to evolve on the basis of an ongoing assessment of anticipated demand for skills in the area. The ready and abundant availability of trained and efficient manpower with the right skills for global supply chains is a major positive in attracting investment. It may be worthwhile for us to get retired skilled workers from countries such as Germany, Japan and Korea to help us in getting training content and methodology right.