The Commons Conference deliberated on the economic value and socio-economic impact of the commons by estimating the income generated from the commons. The report compiled by the Foundation for Ecological Security (FES), Federation University and the International Food Policy Research Institute includes data and insights from a paper titled ‘Valuing Ecosystem Services Provided by Land Commons in India: Implications for Research and Policy’. According to this report, a total land common area of 66.5 million hectares has been identified. Its average annual value is Rs 6.6 lakh crore (USD 90.5…
Read MoreIndia’s land commons is a boon for both the economy and the environment, its annual value is so many lakh crores
