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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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IIT-Kharagpur develops food in a tube for malnourished kids -Shounak Ghosal

-The Times of India KOLKATA: A paste to fight malnutrition! Yes, that's precisely what a team of researchers at IIT-Kharagpur has developed. It is food in a tube, rich in micronutrients, minerals, vitamins, proteins and all dietary needs, in the form of paste, which, the researchers feel, will be an effective tool to fight severe acute malnutrition between kids of six months to six years. It can also be an...

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Young and jobless -Jitendra

-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...

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'Farm Tech Can Help Boost Food Output' -Papiya Bhattacharya

-The New Indian Express Bangalore: Agricultural technologies can help increase global crop yields by as much as 67 per cent and cut food prices by in half by 2050, according to a new book, ‘Food Security in a World of Natural Resource Scarcity: The Role of Agricultural Technologies.' The International Food Policy Research Institute (IFPRI), Washington, has released this book recently. The book cites an increased demand for food due to population and...

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Between 2010 and 2012, pace of job creation was slowest in a decade -Chetan Chauhan

-The Hindustan Times A sea of young people on a Delhi Metro last week offered a glimpse into the despair within young India. Most had taken the train from Delhi University — a hub of students from across the country — to the heart of the city, to take a test and apply for a job with a national bank. But there were only a few thousand vacancies — and 100,000 youngsters...

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