Best of BS Opinion: Agritech revolution, suboptimal outcome and more

Here is the best of Business Standard's opinion pieces for today

In the context of the recent meeting of the Conference of Parties (COP29), our lead editorial notes, although the amount committed under the New Cumulative Quantitative Goal at $300 billion a year by 2035, is three times the earlier annual commitment of $100 billion a year, it is well short of the developing countries’ demand for $1.3 trillion. Read here

 

At a time when Indian agriculture is dealing with the impacts of climate change, there is a need to pivot towards smart use of technology to improve efficiency, sustainability and resilience. While still nascent, agritech startups can play an important role in pushing the innovation frontiers of Indian agriculture, notes our second editorial. Read here

 

In other views

 

Over the last quarter century (2000-2024), India delivered the best real equity returns of any major equity market, with a real return of 6.9 per cent per annum, outperforming the US, writes Akash Prakash. Read here

 

Policymakers are missing a key point — that there are currently few new and scaled-up technology solutions to mitigate climate change, writes Arpit Agarwal. Read here

 

Quote

 

“India is among the fastest growing economies in the world. Our aim is to achieve high GDP growth and take the benefits to the poor. It is necessary for the world to see growth from a human-centric angle.”

 

Prime Minister Narendra Modi