-DNA Elections 2014 are around the corner. And when elections draw nearer, the Government suddenly wakes up and thinks of its duties towards the people. This year is no exception. Whether it is the one-rank-one-pension for the retired defence personnel or the legal monthly entitlement of 5kg of wheat/rice/millet for poor households under the national Food Security Act or the announcement of a 7th Pay Commission along with a DA instalment...
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What People Think-Alaka M Basu
-The Telegraph Even as it is busy trying to resolve other people's conflicts in so many parts of the world, the United Nations has recently created a conflict of its own. It began innocuously enough. The organization has always tried to get consensus around matters on which it is often very difficult to arrive at such consensus. The usual strategy to achieve this is to sufficiently water down the language in its...
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...
More »India’s missing women -Mudit Kapoor and Shamika Ravi
-The Hindu Even though fair elections are held at regular intervals for State Assemblies and Parliament, they do not reflect the true consent of the people because a large number of women are missing from the electorate On her arrival in India recently, the words of Gloria Steinem, American feminist and leader of the women's liberation movement, sounded like bells tolling for all women in today's modern Indian society. "I came [to...
More »How to deal with growing inequality?
-Live Mint Reducing poverty through growth matters more than reducing inequality income inequality is back on the radar of politicians and policymakers, if it had disappeared in the first place. The World Economic Forum's Global Risks 2014 report highlighted severe income inequality as one of the top 10 global risks. In a speech in London on Monday, Christine Lagarde, managing director of the International Monetary Fund (IMF), paid special attention to...
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