Incremental gains
Financial Express Hyderabad|December 26, 2024
Growth in area under green cover is encouraging, but the threat of forest degradation must be averted

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.

Denne historien er fra December 26, 2024-utgaven av Financial Express Hyderabad.

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Denne historien er fra December 26, 2024-utgaven av Financial Express Hyderabad.

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Financial Express Hyderabad

Smart Cities Mission: School enrolment up 22%

STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.

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1 min  |
December 28, 2024
Financial Express Hyderabad

South steals the spotlight

Hits from Hindi film industry in post-Covid era have been fewer and far between

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3 mins  |
December 28, 2024
Financial Express Hyderabad

Does India want BGT win or Rohit back in form?

THE GREAT GAMBLE didn't come off. The opening didn't need any fixing; Rohit Sharma's batting did.

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2 mins  |
December 28, 2024
Financial Express Hyderabad

Byju Raveendran: From boom to bust

BY EARLY 2024, these issues culminated in severe consequences.

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1 min  |
December 28, 2024
Financial Express Hyderabad

UltraTech to buy stake in Star Cement

BOTH THE PLAYERS are snapping up small cement players to consolidate their positions and achieve their targeted growth ahead of time.

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1 min  |
December 28, 2024
Financial Express Hyderabad

IIFL Home Finance expects 15% AUM growth in FY25

Looking at stock market listing, but no timeline yet

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2 mins  |
December 28, 2024
Financial Express Hyderabad

Jewellery units lose sheen on weak Rupee

The demand in East Asia, however, has been tepid.

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1 min  |
December 28, 2024
Financial Express Hyderabad

US airline stocks beat market

A RECORD YEAR FOR travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings power points to a bullish outlook for 2025.

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1 min  |
December 28, 2024
Financial Express Hyderabad

Nissan shares decline most since August

NISSAN MOTOR'S SHARES declined the most since August's market rout, amid volatility as investor focus shifts to the terms of the carmaker's planned deal with Honda Motors.

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1 min  |
December 28, 2024
Financial Express Hyderabad

Squid Game stocks tank

A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series

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1 min  |
December 28, 2024