New Delhi: Over the past decade, India has lost nearly 46,000 sq km of forest land, with Arunachal Pradesh recording the highest loss of 6,539 sq km, according to the latest India State of Forest Report. Other states with significant losses include Madhya Pradesh (5,353 sq km) and Maharashtra (4,052 sq km).
In southern India, Andhra Pradesh (5,560 sq km), Telangana (4,926 sq km), and Karnataka (3,328 sq km) were among the most affected states.
The report highlights three categories of forest degradation:
1. Dense forests turning into open forests (10-40% canopy density).
2. Open forests degrading into scrublands (less than 10% canopy density).
3. Scrublands transforming into non-forest areas.
The combined degradation over the decade totals 92,989 sq km, with dense forests accounting for nearly 93,000 sq km of the loss. Of this, 50% has been entirely converted into non-forest areas, including croplands, settlements, water bodies, grasslands, snow-covered regions, and deserts.
Environmentalists have raised concerns about the increasing conversion of forests into non-forest lands, which could severely impact biodiversity. Debadityo Sinha, an ecologist with the Vidhi Centre for Legal Policy, remarked, “Many of these areas are home to significant engineering projects like mines, highways, and strategic developments, which have intensified following recent amendments to the Forest Conservation Act.”
The report also warns about the spread of Vilayati Kikar (Prosopis juliflora), an invasive alien species, which has emerged as one of the top five agroforestry species in 2023.
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New Delhi: Gold prices dropped below ₹1,00,000 in India on Wednesday due to the potential of trilateral peace negotiations between Russia, Ukraine, and the US, reducing demand for safe haven assets, reported NDTV Profit.
The India Bullion and Jewellers Association said that gold prices were ₹99,530 per 10 grams, down from ₹99,650 on Tuesday. Investors are keeping an eye on US Federal Reserve Chair Jerome Powell's speech for a possible worldwide rate drop.
Gold had touched a high of ₹1,02,090 on August 10, since the last six months. The lowest level was ₹87,100 on April 7. City-wise, gold prices also registered declines. The rate slipped to ₹99,180 per 10 grams (from ₹99,290) in Delhi, while in Mumbai it eased to ₹99,350 (from ₹99,460). Bengaluru quoted gold at ₹99,430 and Kolkata at ₹99,220. The highest price was in Chennai, at ₹99,640 per 10 grams.
On the international market, spot gold was trading at $3,313 an ounce, World Gold Council data showed. Futures for October 3, delivery were 0.70 per cent lower at ₹98,710 on the Multi Commodity Exchange (MCX).
Silver prices also moved lower, correcting 0.86 per cent to $37.98 an ounce in global trade. On MCX, silver futures closed 0.82 per cent lower at ₹1,13,943 per kilogram. As per the India Bullion Association, silver stood at ₹1,13,920 per kilogram, while September 5 futures were marginally higher at ₹1,11,358.