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Tackling inequality the big challenge for new government-Neha Sethi

-Live Mint   Recent Maoist violence highlights the conflicts that centre around the model of India's economic growth   New Delhi: The deaths of nine people from violence related directly to the general election-occurring in and around polling booths-are an early warning to the next government that it must start thinking about how to balance economic growth with social justice and equity, experts said.   These deaths-mostly in areas hit by Maoist violence-highlight the conflicts that...

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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

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Wheat rust: The fungal disease that threatens to destroy the world crop -Christy Chamy

-The Independent Scientists are warning that wheat is facing a serious threat from a fungal disease that could wipe out the world's crop if not quickly contained. Wheat rust, a devastating disease known as the "polio of agriculture", has spread from Africa to South and Central Asia, the Middle East and Europe, with calamitous losses for the world's second most important grain crop, after rice. There is mounting concern at the...

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‘Development is intrinsic to a secular project’-Garimella Subramaniam

-The Hindu   If some communities have been denied the benefits of development on grounds of religion, this development is anti-secular, argues Rajeev Bhargava, political theorist Arch rivals the Congress and the Bharatiya Janata Party continue to trade accusations against each other of playing the communal card in the campaign to the general elections. These are classic instances of the confusion over what secularism is in India. Restoring clarity on the conceptual aspects...

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The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra

-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

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