-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
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Melinda Gates, co-founder of the Bill and Melinda Gates Foundation interviewed by Vidya Krishnan
-Live Mint Melinda Gates says India is closer than ever to the goal of eradicating poverty and improving access to health for all New Delhi: Philanthropist Melinda Gates, co-founder of the Bill and Melinda Gates Foundation and one of the most influential women in the world, maintains that India is closer than ever to the goal of eradicating poverty and improving access to health for all. In their annual letter, published...
More »UN Rapporteur calls for food democracy and agro-ecology in final report
-AgriculturesNetwork.org The United Nations Special Rapporteur on the right to food, Olivier De Schutter, today calls for radical transformation of the world's food systems. The emphasis in agricultural policy should shift from productivity to "well-being, resilience and sustainability", he says. This morning De Schutter presented his final report to the UN Human Rights Council after a six-year term as Special Rapporteur. In February, he also presented some of his findings at...
More »Farmers demand guaranteed income -Jyotika Sood
-Down to Earth Demand farm income commission; urge political parties to make it an election issue A number of farmers' organisations got together on Thursday to demand a minimum living income equivalent to that of agricultural scientists for all farm households in the country and asked political parties to make it a part of their poll manifesto. Citing NSSO findings, they said the average monthly income of farm households in the country...
More »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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