Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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    <h1 class="cat-box-title">India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya </h1>
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		 Published on</span><span class="text-date"> Jan 17, 2022</span>
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The <a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">report</a> points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020.</em></p><p style="text-align:justify">While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of Indian billionaires grew from 102 to 142, revealed the India Supplement to the global Oxfam Davos report of 2022, Inequality Kills. The report was published on Sunday, January 16, ahead of the World Economic Forum&rsquo;s Davos Agenda.</p><p style="text-align:justify">The <a href="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf" title="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf">report</a> states that just a 1% wealth tax on 98 wealthiest billionaire families in India can finance Ayushman Bharat, the government of India&#39;s national public health insurance fund, for more than seven years. It added that the collective wealth of India&#39;s 100 wealthiest people hit a record high of INR 57.3 lakh crore (USD 775 billion) in 2021.</p><p style="text-align:justify">The report pointed out that in India, during the pandemic &mdash; between March 2020 and November 30, 2021 &mdash; the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020, which is nearly half of the global new poor according to the United Nations. &ldquo;The stark wealth inequality in India is a result of an economic system rigged in favour of the super-rich over the poor and marginalised,&rdquo; the report said.</p><p style="text-align:justify">Amitabh Behar, the CEO, Oxfam India, said, &quot;Oxfam&#39;s global briefing points to the stark reality of inequality contributing to the death of at least 21,000 people each day, or one person every four seconds. The pandemic has set gender parity from 99 years to 135 years. Women collectively lost INR 59.11 lakh crore (USD 800 billion) in earnings in 2020, with 1.3 crore fewer women in work now than in 2019. It has never been so important to start righting the wrongs of this obscene inequality by targeting extreme wealth through taxation and getting that money back into the real economy to save lives.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report" title="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report" class="re" target="_blank">Newsclick.in, 17 January, 2022, https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report</a><div class="clear"></div>
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    <h1 class="cat-box-title">India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya </h1>
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The <a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">report</a> points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020.</em></p><p style="text-align:justify">While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of Indian billionaires grew from 102 to 142, revealed the India Supplement to the global Oxfam Davos report of 2022, Inequality Kills. The report was published on Sunday, January 16, ahead of the World Economic Forum&rsquo;s Davos Agenda.</p><p style="text-align:justify">The <a href="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf" title="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf">report</a> states that just a 1% wealth tax on 98 wealthiest billionaire families in India can finance Ayushman Bharat, the government of India&#39;s national public health insurance fund, for more than seven years. It added that the collective wealth of India&#39;s 100 wealthiest people hit a record high of INR 57.3 lakh crore (USD 775 billion) in 2021.</p><p style="text-align:justify">The report pointed out that in India, during the pandemic &mdash; between March 2020 and November 30, 2021 &mdash; the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020, which is nearly half of the global new poor according to the United Nations. &ldquo;The stark wealth inequality in India is a result of an economic system rigged in favour of the super-rich over the poor and marginalised,&rdquo; the report said.</p><p style="text-align:justify">Amitabh Behar, the CEO, Oxfam India, said, &quot;Oxfam&#39;s global briefing points to the stark reality of inequality contributing to the death of at least 21,000 people each day, or one person every four seconds. The pandemic has set gender parity from 99 years to 135 years. Women collectively lost INR 59.11 lakh crore (USD 800 billion) in earnings in 2020, with 1.3 crore fewer women in work now than in 2019. It has never been so important to start righting the wrongs of this obscene inequality by targeting extreme wealth through taxation and getting that money back into the real economy to save lives.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report" title="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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        LATEST NEWS UPDATES | India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya     </title>
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The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into..."/>
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The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into..." />
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The <a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">report</a> points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020.</em></p><p style="text-align:justify">While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of Indian billionaires grew from 102 to 142, revealed the India Supplement to the global Oxfam Davos report of 2022, Inequality Kills. The report was published on Sunday, January 16, ahead of the World Economic Forum&rsquo;s Davos Agenda.</p><p style="text-align:justify">The <a href="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf" title="https://im4change.org/upload/files/India%20Supplement%202022%20Inequality%20Kills.pdf">report</a> states that just a 1% wealth tax on 98 wealthiest billionaire families in India can finance Ayushman Bharat, the government of India&#39;s national public health insurance fund, for more than seven years. It added that the collective wealth of India&#39;s 100 wealthiest people hit a record high of INR 57.3 lakh crore (USD 775 billion) in 2021.</p><p style="text-align:justify">The report pointed out that in India, during the pandemic &mdash; between March 2020 and November 30, 2021 &mdash; the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020, which is nearly half of the global new poor according to the United Nations. &ldquo;The stark wealth inequality in India is a result of an economic system rigged in favour of the super-rich over the poor and marginalised,&rdquo; the report said.</p><p style="text-align:justify">Amitabh Behar, the CEO, Oxfam India, said, &quot;Oxfam&#39;s global briefing points to the stark reality of inequality contributing to the death of at least 21,000 people each day, or one person every four seconds. The pandemic has set gender parity from 99 years to 135 years. Women collectively lost INR 59.11 lakh crore (USD 800 billion) in earnings in 2020, with 1.3 crore fewer women in work now than in 2019. It has never been so important to start righting the wrongs of this obscene inequality by targeting extreme wealth through taxation and getting that money back into the real economy to save lives.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report" title="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report" class="re" target="_blank">Newsclick.in, 17 January, 2022, https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report</a><div class="clear"></div>
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Home हिन्दी

India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

Published on Jan 17, 2022   Modified on Jan 22, 2022

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of Indian billionaires grew from 102 to 142, revealed the India Supplement to the global Oxfam Davos report of 2022, Inequality Kills. The report was published on Sunday, January 16, ahead of the World Economic Forum’s Davos Agenda. The report states that just a 1% wealth tax on 98 wealthiest billionaire families in India can finance Ayushman Bharat, the government of India's national public health insurance fund, for more than seven years. It added that the collective wealth of India's 100 wealthiest people hit a record high of INR 57.3 lakh crore (USD 775 billion) in 2021. The report pointed out that in India, during the pandemic — between March 2020 and November 30, 2021 — the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020, which is nearly half of the global new poor according to the United Nations. “The stark wealth inequality in India is a result of an economic system rigged in favour of the super-rich over the poor and marginalised,” the report said. Amitabh Behar, the CEO, Oxfam India, said, "Oxfam's global briefing points to the stark reality of inequality contributing to the death of at least 21,000 people each day, or one person every four seconds. The pandemic has set gender parity from 99 years to 135 years. Women collectively lost INR 59.11 lakh crore (USD 800 billion) in earnings in 2020, with 1.3 crore fewer women in work now than in 2019. It has never been so important to start righting the wrongs of this obscene inequality by targeting extreme wealth through taxation and getting that money back into the real economy to save lives.” Please click here to read more.

Newsclick.in, 17 January, 2022, https://www.newsclick.in/india-economic-system-rigged-favour-super-rich-oxfam-report

Tagged with: Pandemic Inequality Income Inequality Wealth Distribution Oxfam India

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