-Hindustan Times Revolution imminent… genetically modified seeds produced by MNCs cause farmer suicides. Incendiary, out-of-context sound-bites juxtaposed between heartrending visuals distort rural poverty from a complex issue that each Indian must help resolve to a simplistic, accusatory Peepli Live feature. Instead of quixotic and strident anti-growth agendas offered as panacea, a coordinated and consistent approach to poverty reduction is needed. Poverty reduction needs development. The linkage between economic growth and poverty reduction is...

-Livemint.com Data on incomes and wealth suggest India is far more unequal than official estimates based on consumption expenditure data suggest Inequality is in the news once again and the news is not particularly good. In a speech last month, Reserve Bank of India governor Raghuram Rajan commented that increasing inequality could be curtailing world demand. Since the rich typically spend a smaller portion of their income compared with the poor—who spend...

-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...

-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...

-The Hindu Business Line A narrow focus on growth-led development is the cause of the world’s sustainability crisis, not its solution The world’s political leaders meet in New York today to adopt a ‘sustainable development’ agenda. On the face of it, this sounds very hopeful. It signals that finally, humanity may move towards making peace with the earth, even as it erases the shame of over two billion people still living in...