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RE-WILD TO THE FUTURE

  WORLD ENVIRONMENT DAY Ranjit Barthakur, entrepreneur,  Executive Chairman of Royal Multisport Pvt. Ltd., the company that owns the IPL cri...

 WORLD ENVIRONMENT DAY





Ranjit Barthakur, entrepreneur,  Executive Chairman of Royal

Multisport Pvt. Ltd., the company that owns the IPL cricket team

Rajasthan Royals, is also the founder-president of the Balipara Foundation, an organ-

isation focused on the Eastern Himalayas. Based in Assam, the organisation builds

self-sufficient enterprises for the rural ecosystem based on the principle of

natureonomics. Explaining Natureonomics, Ranjit says, “The idea is

simple: nature and economics are not separate or independent, they are interdepen-

dent. Without nature there is no economics. Naturenomics proposes a new para-

digm based on the value of our natural assets. It is about investing in restoring

and regenerating these natural assets while sustainably earning on their natural

capital value.” Explaining that, “Wild crops help us

maintain the diversity of our food systems,

which creates greater resilience, as climate change threatens our hyper-

cultivated crops, tailored to specific climatic conditions,” Ranjit stresses,

adding, “Without wild crops, rural and indigenous communities would

lose a vital food source, and we would lose our capacity to adapt to an

uncertain future.” 

Highlighting the fact that “We have a long way to go before we recog-

nise the sustainability practices of indigenous communities, who have

traditions governing how to harvest from forests, when to harvest, and

how much to harvest. We need to learn from them and put a greater premium

on their products, and those of smallholder farmers engaged in organic or

agroforestry practices,” he says.

The organisation has helped farmers and indigenous people to increase their incomes by

40% and plant 2.1 million trees.

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