The key findings of the latest biennial India State of Forest Report (2023) offer reasons for optimism. A quarter of the country's geographical area, spread over 8.27 sq km, is today under forest and tree cover, about 1,445 sq km more than the data from 2021 revealed. However, the fine print suggests these are only incremental gains.
The net forest cover has seen only a miniscule 0.5% growth since 2021. Moreover, this transpired largely outside the recorded forest areas or RFAs, which are reserved or protected forests. Of the 156.41 sq km increase in net forest cover, only about 7.28 sq km was found to be inside RFAs. Areas under moderately dense and open forests have shrunk though the area covered by dense forests saw an increase.
The northeastern states, known for being rich in biodiversity, continued to suffer a decline in forest cover, with only Mizoram recording an increase. Again, worryingly, as many as eight mountain states, including Uttarakhand, have reported dwindling forest cover.
Esta historia es de la edición December 26, 2024 de Financial Express Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 26, 2024 de Financial Express Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead
BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.
Weaker Rupee to Raise Ticket Sizes of Foreign Education Loans: Experts
THE DEPRECIATING RUPEE is expected to slightly increase the average ticket size of overseas education loans, but it is unlikely to deter students from pursuing higher education abroad, Shweta Guru, chief business officer at Auxilo Finserve, said.
Billionaire wealth soars 3x faster by $2 trillion in 2024
BILLIONAIRE WEALTH ACROSS the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.
Trump factor has implications for economy and business, says Birla
2025 WILL BE MARKED by uncertainty, unpredictability and will be unorthodox, Aditya Birla Group chairman Kumar Mangalam Birla said on Monday while reflecting on the year ahead.
On Day 2 of ceasefire, Gazans search for people under rubble
PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.
What the Financial Services Sector Needs
A Push to India's Economic Landscape
Bachchan's ₹83-crore deal: Mumbai property market sizzles again
CONTINUING WITH THE trend seen in 2024, Bollywood stars are keeping the Mumbai property market, especially the western suburbs, abuzz with a number of big-ticket deals in the new year.
Trump 2.0
India has to play its strategic cards well as campaign rhetoric often differs from governing realities
Kotak Bank to Maintain Its Margins
Aided by a rate-cut cycle & led by growth in high-yielding assets
KVB Net Profit Rises 20% to ₹496 Crore
KARUR VYSYA BANK (KVB) on Monday reported a 20% year-on-year increase in its net profit for the third quarter at ₹496 crore.