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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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Growing Yardlong Wonders -Aswathi Krishna

-The New Indian Express THIRUVANANTHAPURAM: It was not profit but interest in farming that drove Ummer Vadakkedath and Moosakoya Kariyeri of Pettikadavu in Peruvayal grama panchayat, Kozhikode to yardlong beans cultivation. In a 30 cent plot, they jointly grow yardlong beans, which they sell at the Palayam vegetable market. "We had been farming other vegetables in the plot for the past several years. But recently we shifted our focus to yardlong beans,"...

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Why did Chidambaram shut down New Delhi?-Mihir S Sharma

-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...

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Small steps to a bigger yield -Ratnadip Choudhury

-Tehelka Away from the politics of food security, a small initiative in Assam is changing the way young people look at agriculture. Pubali Saikia, 13, plucks fresh ripe tomatoes, as her classmate Sunti Saikia, 14, arranges beanstalks. The two teenagers are excited; it is, after all, the first produce of their life. Of late, the Titabor sub-division in upper Assam's Jorhat district has been witnessing a silent awakening of sorts. And...

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Sustainability and food security -Nilanjan Ghosh

-The Hindu Business Line The South Asian population has been growing at the rate of 1.5 per cent per annum, and agricultural production at 2.5 per cent per annum has been keeping pace with the demographic trends, thereby creating the necessary provision for food. Yet, the inherent problems of distribution have loomed large for South Asia. India's National Food Security Act, 2013, emphasises defining certain target groups and highlights the importance...

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