Authorities in Delhi — ranked the most polluted capital city in the world — have announced a plan to tackle the problem of high air pollution levels during winter.
The city, home to 22 million people, suffers from year-round air pollution but levels of toxic air particularly surge during winter months, when winds push the smoke from vast farmlands into the city.
The sudden increase in winter months is blamed on farmers burning crop stubble in northern states.
Delhi Chief Minister Arvind Kejriwal on Friday announced a 15-point plan, with “visionary” measures to tackle air pollution, including spraying bio-decomposer to end the burning of crop stubble.
Vehicle and industrial emissions as well as construction and road dust are major sources of air pollution in Delhi.
Mr Kejriwal said that his government will begin an anti-dust campaign in October.
"Winters are approaching and each year, we observe a rise in the pollution levels of Delhi in winters. The Delhi Government has made all the arrangements to tighten a noose on pollution this winter,” Mr Kejriwal said.
The city’s air pollution levels were among the highest of 6,475 cities, in 117 countries in 2021, according to a World Air Quality report released by Swiss organisation IQAir in May.
It had an average PM 2.5 exposure was 110 micrograms per cubic metre in 2019, 22 times the WHO benchmark that considers 5 micrograms as the safe level.
The Particulate Matter or PM 2.5 is the finest dust particle measuring less than 2.5 microns that could penetrate deep into the lungs and enter the bloodstream.
Environmental charity Greenpeace said more than 50,000 Delhi residents died in 2020, due to hazardous levels of PM 2.5.
Over the years the government has imposed short-term measures such as restricting car use, shutting power plants and factories, and banning construction activities during winter months to mitigate the pollution crisis.
It has also regularly closed down schools and offices during winters to limit the impact of air pollution on residents amid concerns from the courts that warned the government to take long-term measures to clean the city’s air.
Previously, the top court compared the city’s air quality to a “gas chamber.”
Mr Kerjiwal said the use of anti-smog guns has been made mandatory for construction sites exceeding 5,000 square metres and nearly 600 teams will monitor its compliance.
He further said that road-sweeping and water-sprinkling machines will be deployed across the city to curb dust, in addition to mobile anti-smog guns.
Stubble burning becomes an issue every year at the onset of winter when farmers in the vast farmlands of neighboring states of Haryana and Punjab burn paddy stubble to clear their fields for the next crop.
Most of the smoke travels to Delhi due to south-western winds and mixes with the city air to form a noxious blanket of smog, aggravating the pollution crisis.
Although the practice is outlawed, more than 70,000 cases of farm fires were reported in the twin breadbasket states in November last year.
The government has also continued with the ban on firecrackers that aggravate the air pollution crisis every year during Diwali—the Hindu festival of lights.
“The government will also ban the production, storage, distribution and purchase of firecrackers.”
“I am completely optimistic that we will curb air pollution in winters with the cooperation of the people of Delhi,” he said.
Sanju
Produced: Vidhu Vinod Chopra, Rajkumar Hirani
Director: Rajkumar Hirani
Cast: Ranbir Kapoor, Vicky Kaushal, Paresh Rawal, Anushka Sharma, Manish’s Koirala, Dia Mirza, Sonam Kapoor, Jim Sarbh, Boman Irani
Rating: 3.5 stars
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Courtesy: Crystal Intelligence
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Helen Cullen, Graydon House
Profile of Whizkey
Date founded: 04 November 2017
Founders: Abdulaziz AlBlooshi and Harsh Hirani
Based: Dubai, UAE
Number of employees: 10
Sector: AI, software
Cashflow: Dh2.5 Million
Funding stage: Series A
The specs: 2018 Dodge Durango SRT
Price, base / as tested: Dh259,000
Engine: 6.4-litre V8
Power: 475hp @ 6,000rpm
Torque: 640Nm @ 4,300rpm
Transmission: Eight-speed automatic
Fuel consumption, combined: 7.7L / 100km
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The years Ramadan fell in May
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
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Two stars
The specs: 2018 Ford Mustang GT
Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Third Test
Result: India won by 203 runs
Series: England lead five-match series 2-1
Match info
Liverpool 4
Salah (19'), Mane (45 2', 53'), Sturridge (87')
West Ham United 0
Salah in numbers
€39 million: Liverpool agreed a fee, including add-ons, in the region of €39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.
13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.
57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.
7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.
3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.
40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.
30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.
8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.
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