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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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')) {

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</span></span></code>
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&lt;em&gt;India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. &lt;br /&gt;
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Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.&lt;br /&gt;
&lt;br /&gt;
The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&amp;rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.&lt;br /&gt;
&lt;br /&gt;
According to the Credit Suisse Research Institute, the top 1% of India&amp;rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.&lt;br /&gt;
&lt;br /&gt;
Since 1990, the per-capita gross domestic product has increased almost six times &amp;ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.&lt;br /&gt;
&lt;br /&gt;
In India, the upper classes were the main beneficiary of the nation&amp;rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Please &lt;a href=&quot;https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. 

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India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. 

Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy..."/>
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                <div align="justify">-Scroll.in<br /><br /><em>India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. <br /></em><br />Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.<br /><br />The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.<br /><br />According to the Credit Suisse Research Institute, the top 1% of India&rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.<br /><br />Since 1990, the per-capita gross domestic product has increased almost six times &ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.<br /><br />In India, the upper classes were the main beneficiary of the nation&rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.<br /><br />Please <a href="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes" title="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes">click here</a> to read more. <br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ef7e34d1629-trace').style.display = (document.getElementById('cakeErr67ef7e34d1629-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ef7e34d1629-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ef7e34d1629-code').style.display = (document.getElementById('cakeErr67ef7e34d1629-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ef7e34d1629-context').style.display = (document.getElementById('cakeErr67ef7e34d1629-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ef7e34d1629-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
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-Scroll.in&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. &lt;br /&gt;
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Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.&lt;br /&gt;
&lt;br /&gt;
The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&amp;rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.&lt;br /&gt;
&lt;br /&gt;
According to the Credit Suisse Research Institute, the top 1% of India&amp;rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.&lt;br /&gt;
&lt;br /&gt;
Since 1990, the per-capita gross domestic product has increased almost six times &amp;ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.&lt;br /&gt;
&lt;br /&gt;
In India, the upper classes were the main beneficiary of the nation&amp;rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.&lt;br /&gt;
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Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Please &lt;a href=&quot;https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. 

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India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. 

Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy..."/>
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                <strong>India&#039;s rising inequality is taking the shine off its growth story even in the world&#039;s eyes -Riaz Hassan</strong></h1>
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                <div align="justify">-Scroll.in<br /><br /><em>India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. <br /></em><br />Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.<br /><br />The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.<br /><br />According to the Credit Suisse Research Institute, the top 1% of India&rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.<br /><br />Since 1990, the per-capita gross domestic product has increased almost six times &ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.<br /><br />In India, the upper classes were the main beneficiary of the nation&rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.<br /><br />Please <a href="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes" title="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes">click here</a> to read more. <br /></div>               </font>
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&lt;em&gt;India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. &lt;br /&gt;
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Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
Since 1990, the per-capita gross domestic product has increased almost six times &amp;ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.&lt;br /&gt;
&lt;br /&gt;
In India, the upper classes were the main beneficiary of the nation&amp;rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.&lt;br /&gt;
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&lt;br /&gt;
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India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. 

Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Scroll.in&lt;br /&gt;&lt;br /&gt;&lt;em&gt;India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. &lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&amp;rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.&lt;br /&gt;&lt;br /&gt;The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&amp;rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.&lt;br /&gt;&lt;br /&gt;According to the Credit Suisse Research Institute, the top 1% of India&amp;rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.&lt;br /&gt;&lt;br /&gt;Since 1990, the per-capita gross domestic product has increased almost six times &amp;ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.&lt;br /&gt;&lt;br /&gt;In India, the upper classes were the main beneficiary of the nation&amp;rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes&quot; title=&quot;https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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                <strong>India&#039;s rising inequality is taking the shine off its growth story even in the world&#039;s eyes -Riaz Hassan</strong></h1>
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                <div align="justify">-Scroll.in<br /><br /><em>India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. <br /></em><br />Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.<br /><br />The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India&rsquo;s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia.<br /><br />According to the Credit Suisse Research Institute, the top 1% of India&rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.<br /><br />Since 1990, the per-capita gross domestic product has increased almost six times &ndash; from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh.<br /><br />In India, the upper classes were the main beneficiary of the nation&rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.<br /><br />Please <a href="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes" title="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes">click here</a> to read more. <br /></div>               </font>
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<em>India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. <br />
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Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India&rsquo;s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States.<br />
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According to the Credit Suisse Research Institute, the top 1% of India&rsquo;s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies.<br />
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In India, the upper classes were the main beneficiary of the nation&rsquo;s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty.<br />
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Please <a href="https://scroll.in/article/862368/indias-rising-inequality-is-taking-the-shine-off-its-growth-story-even-in-the-worlds-eyes">click here</a> to read more. <br />
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India's rising inequality is taking the shine off its growth story even in the world's eyes -Riaz Hassan

-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the United States. The surging economic growth has improved living conditions of its citizens, but these improvements were not uniformly distributed among India’s diverse population. Despite being among the richest countries in the world, India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. According to the Credit Suisse Research Institute, the top 1% of India’s population owns nearly 60% of its wealth, trailing Russia, where the top 1% owns 74% Like the Gini index which measures income/wealth distribution in society, the Credit Suisse Index estimates concentration of wealth among top wealth and income holders. The factors affecting wealth/income concentration include economic growth rate, demographic trends, savings rates, globalization, inheritance and government policies. Since 1990, the per-capita gross domestic product has increased almost six times – from $1,130 to $6,572. Life expectancy, infant and maternal mortality, sanitation, mean years of schooling and female literacy registered significant improvements for the population of more than 1.3 billion. In all these areas, improvements were better than in its two large South Asian neighbors, Pakistan and Bangladesh. In India, the upper classes were the main beneficiary of the nation’s surging economic development and poverty rates are also significantly lower among the upper caste Hindus rather than the Hindu other backward classes, the scheduled castes and scheduled tribes, and Muslims. One third of Muslim and Hindu scheduled castes and tribes are in poverty compared to 10% of the upper castes Hindu. Altogether, 28% or around 360 million Indians are living in conditions of severe poverty. Please click here to read more.