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IMF study finds inequality is damaging to economic growth-Phillip Inman

-The Guardian International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating   The International Monetary Fund has backed economists who argue that inequality is a drag on growth in a discussion paper that has also dismissed rightwing theories that efforts to redistribute incomes are self-defeating. The Washington-based organisation, which advises governments on sustainable growth, said countries with high levels of inequality suffered lower growth than nations that distributed incomes more evenly. Backing...

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Independent evaluation office launched

-The Business Standard The IEO which has been modeled on the lines of Mexico's CONEVAL India's first independent evaluation office (IEO) was formally launched on Wednesday. The office is mandated to suggest radical changes in the government's social sector initiatives, as well as in its interface with the private sector through public-private partnership projects. The IEO, modelled on the lines of Mexico's National Council for the Evaluation of Social Development Policy, will give...

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Regulating genetic modification-MS Swaminathan

-The Hindu In the case of technologies with benefits and risks, it is important to have regulatory mechanisms which can help analyse them in an impartial manner It is 61 years since the beginning of new genetics based on the discovery of the double helix structure of the DNA molecule. It is also 31 years since the production of transgenic plants. The first patent for a living organism went to Dr. Anand...

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IIT-Kharagpur develops food in a tube for malnourished kids -Shounak Ghosal

-The Times of India KOLKATA: A paste to fight malnutrition! Yes, that's precisely what a team of researchers at IIT-Kharagpur has developed. It is food in a tube, rich in micronutrients, minerals, vitamins, proteins and all dietary needs, in the form of paste, which, the researchers feel, will be an effective tool to fight severe acute malnutrition between kids of six months to six years. It can also be an...

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Young and jobless -Jitendra

-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...

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