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Inequality is bad for growth -Himanshu

-Livemint Tackling inequality and inclusive growth is an economic necessity for the country After Pope Francis, it is now the turn of the International Monetary Fund (IMF) to raise concerns about high income inequality. Dubbed as “Francis the Marxist”, for his tweet “Inequality is the root of social evil”, the Pope has been raising issues of inequality and its consequences. The latest discussion paper by IMF not only supports the ethical...

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The Importance of Being 'Rurban': Tracking Changes in a Traditional Setting -Dipankar Gupta

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...

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Modi government: one year of dismantling the welfare state -Harsh Mander

-Hindustan Times A dominant feature of the first year of Narendra Modi's leadership is the quiet dismantling of India's imperfectly realised framework of welfare and rights, covertly, by stealth.   A declared pro-corporate agenda, such as the land acquisition ordinance, proved politically messy and costly. Therefore, the government resorted instead for an enfeebling of the welfare architecture of the country through a combination of fiscal withdrawals, ignoring even legally mandated obligations.   But this attracted...

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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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India ranks lower than even Nepal -Puja Mehra

-The Hindu Social Progress Index puts Norway on top, U.S. at 16th place Out of 133 countries rated on indicators of well-being such as health, water and sanitation, personal safety, access to opportunity, tolerance, inclusion, personal freedom and choice India has secured the 101th place. This is lower than India's rank, of 93, for GDP per capita income. Even Nepal and Bangladesh rank higher than India on the Social Progress Index (SPI)...

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