-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...

-The Indian Express ‘Infertility treatment' in a remote village of Satna district left Anju Kushwaha with 10 dead foetuses and no hope Doctors consider it unlikely they will ever see a case like hers again. Anju Kushwaha, 26, is sure she is never returning to them. The woman who carried and lost 10 foetuses - the maximum borne by a woman in India - is spent, in money, energy and hope. Working...

-The Times of India NEW DELHI: For a country which till recently had a weak civil society movement, India is now witnessing a boom in the NGO sector. With a population of 1.2 billion, the country could well be the land of opportunities for non-governmental organizations (NGOs) with the Central Bureau of Investigation conservatively estimating 20 lakh of them already operating in states and union territories. The mind-boggling figures boil down to...

-The Times of India NEW DELHI: A Global consultancy firm pegged a new level for poverty or empowerment line - at Rs 1,336 per month per person as against the poverty line prescribed by the government at around Rs 870 per month per person. McKinsey, in a report, said the empowerment line determines the level of consumption required for an individual to fulfill his/her basic need for food, energy, housing, drinking water,...

-The Business Standard The economic logic - and political reasons - behind the giant shift of spending power to the states Interim Budgets are not supposed to do this. This is precisely what they are not supposed to do. They are not supposed to lay out a policy change so vast it disempowers the next central government. But that's what P Chidambaram has done - and it appears to have been...