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
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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\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')) {

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        LATEST NEWS UPDATES | Reign of the one per cent?-N Chandra Mohan    </title>
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Inequality in India is worsening and clearly following the US pattern





India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that..."/>
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Inequality in India is worsening and clearly following the US pattern





India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that..." />
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Inequality in India is worsening and clearly following the US pattern</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that disparities have been widening of late. Planning Commission officials have admitted that inequality has risen in the first decade of the new millennium, although the factors responsible for it need more research. A popular explanation is that these disparities are owing to the economic reforms of the 1990s, but data of the five-yearly surveys of National Sample Survey Organisation to clinch this issue is far from conclusive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If consumer expenditures are considered a proxy for income, the Gini coefficient &ndash; a measure of inequality &ndash; has risen from 0.35 in 2004-05 to 0.37 in 2009-10 in urban India and from 0.27 to 0.28 in rural India over this period. Obviously, income is being concentrated in the hands of fewer people, especially in towns and big cities. The Gini lies between zero (at which every one has the same income) and one (at which one person has all the income). Even though it is rising, the inequality in consumer expenditures is still much lower than the Gini coefficient of 0.55 in Brazil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A much sharper expression of these trends is the rising ratio of monthly per capita consumer expenditures of the top 10 per cent of the population to the bottom 10 per cent. In urban India, this ratio was stable at 8.3 in 1993-94 and 8.4 in 2004-05 but rose to 10.1 in 2009-10. By contrast, it was more stable in rural India at 5.8. The pattern is the same if one considers the ratio of expenditures of the top 15 per cent to the bottom 15 per cent of the population. These numbers reflect sharpening dualism since the benefits of rapid growth has disproportionately benefited the top than the bottom of the pyramid.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Professors Abhijit Banerjee of Massachusetts Institute of Technology and Thomas Piketty of the Paris School of Economics have used more direct measures like income tax returns to assess trends in income disparities. Their earlier work established that the share of top incomes in India followed a U-shaped curve during the first half of the 20th century. Around 1950, the share of the top one per cent of the population was 13.4 per cent of total income, which gradually declined over the subsequent decades to 4.8 per cent in 1980. The share of top incomes then began climbing upwards to 7.4 per cent in 1990 and around nine per cent in 1998-99.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to these researchers, the increase in top income shares was highly concentrated, with most of the gains going to the top percentile of the very rich in India. In the 1990s, it was the top 0.1 per cent of the population that, in fact, enjoyed a growth rate of income that was faster than overall per capita GDP growth, in contrast to the 1980s when there was faster growth for the whole top percentile group (see also Antony Atkinson, Thomas Piketty and Emmanuel Saez&rsquo;s &ldquo;Top Incomes in the Long Run of History&rdquo;, National Bureau of Economics Research Working Paper no 15408).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Unfortunately, they have not updated their work. But if World Bank taxation expert Sebastian James&rsquo; numbers are reliable, the share of the rich top one per cent has since then risen to 30 per cent of the total income in 2008-09. The upshot is that the trend of snowballing inequalities in India is clearly following the US pattern, where CEO pay has widened substantially vis-&agrave;-vis the American worker&rsquo;s income. This, in turn, has triggered a backlash like the Occupy Wall Street movement the slogan of which is that we are the 99 per cent in contrast to the top one per cent who control 23.5 per cent of income.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Professor Saez of the University of California has recently updated estimates on top US incomes that strikingly show why the backlash in that country is in no danger of fizzling out. During the recent US recession of 2007-09, the average real income per family fell by 17.4 per cent. The average real income of the top one per cent, too, declined by 36.3 per cent that led to a decrease in the top income percentile share from 23.5 per cent to 18.1 per cent. To be sure, the average income of the bottom 99 per cent also plunged by 11.6 per cent that erased whatever gains they registered from 2002-2007.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But during the recovery in 2010, average real income per family grew by 2.3 per cent. The average real income of the top one per cent increased by 11.6 per cent while the bottom 99 per cent grew by only 0.2 per cent. The rich, thus, captured a staggering 93 per cent of the gains during the first year of recovery! &ldquo;Such an uneven recovery can help explain the recent public demonstrations against inequality,&rdquo; argued Saez. The point is that India, too, might face this denouement if income disparities keep widening as they have during the nineties and noughties.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>From the Ivory Tower will make research from the academic world accessible to all our readers</em></div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/" class="re" target="_blank">The Business Standard, 26 March, 2012, http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Reign of the one per cent?-N Chandra Mohan    </title>
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Inequality in India is worsening and clearly following the US pattern





India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that..."/>
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Inequality in India is worsening and clearly following the US pattern





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    <h1 class="cat-box-title">Reign of the one per cent?-N Chandra Mohan</h1>
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		 Published on</span><span class="text-date"> Mar 26, 2012</span>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Inequality in India is worsening and clearly following the US pattern</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that disparities have been widening of late. Planning Commission officials have admitted that inequality has risen in the first decade of the new millennium, although the factors responsible for it need more research. A popular explanation is that these disparities are owing to the economic reforms of the 1990s, but data of the five-yearly surveys of National Sample Survey Organisation to clinch this issue is far from conclusive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If consumer expenditures are considered a proxy for income, the Gini coefficient &ndash; a measure of inequality &ndash; has risen from 0.35 in 2004-05 to 0.37 in 2009-10 in urban India and from 0.27 to 0.28 in rural India over this period. Obviously, income is being concentrated in the hands of fewer people, especially in towns and big cities. The Gini lies between zero (at which every one has the same income) and one (at which one person has all the income). Even though it is rising, the inequality in consumer expenditures is still much lower than the Gini coefficient of 0.55 in Brazil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A much sharper expression of these trends is the rising ratio of monthly per capita consumer expenditures of the top 10 per cent of the population to the bottom 10 per cent. In urban India, this ratio was stable at 8.3 in 1993-94 and 8.4 in 2004-05 but rose to 10.1 in 2009-10. By contrast, it was more stable in rural India at 5.8. The pattern is the same if one considers the ratio of expenditures of the top 15 per cent to the bottom 15 per cent of the population. These numbers reflect sharpening dualism since the benefits of rapid growth has disproportionately benefited the top than the bottom of the pyramid.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Professors Abhijit Banerjee of Massachusetts Institute of Technology and Thomas Piketty of the Paris School of Economics have used more direct measures like income tax returns to assess trends in income disparities. Their earlier work established that the share of top incomes in India followed a U-shaped curve during the first half of the 20th century. Around 1950, the share of the top one per cent of the population was 13.4 per cent of total income, which gradually declined over the subsequent decades to 4.8 per cent in 1980. The share of top incomes then began climbing upwards to 7.4 per cent in 1990 and around nine per cent in 1998-99.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to these researchers, the increase in top income shares was highly concentrated, with most of the gains going to the top percentile of the very rich in India. In the 1990s, it was the top 0.1 per cent of the population that, in fact, enjoyed a growth rate of income that was faster than overall per capita GDP growth, in contrast to the 1980s when there was faster growth for the whole top percentile group (see also Antony Atkinson, Thomas Piketty and Emmanuel Saez&rsquo;s &ldquo;Top Incomes in the Long Run of History&rdquo;, National Bureau of Economics Research Working Paper no 15408).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Unfortunately, they have not updated their work. But if World Bank taxation expert Sebastian James&rsquo; numbers are reliable, the share of the rich top one per cent has since then risen to 30 per cent of the total income in 2008-09. The upshot is that the trend of snowballing inequalities in India is clearly following the US pattern, where CEO pay has widened substantially vis-&agrave;-vis the American worker&rsquo;s income. This, in turn, has triggered a backlash like the Occupy Wall Street movement the slogan of which is that we are the 99 per cent in contrast to the top one per cent who control 23.5 per cent of income.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Professor Saez of the University of California has recently updated estimates on top US incomes that strikingly show why the backlash in that country is in no danger of fizzling out. During the recent US recession of 2007-09, the average real income per family fell by 17.4 per cent. The average real income of the top one per cent, too, declined by 36.3 per cent that led to a decrease in the top income percentile share from 23.5 per cent to 18.1 per cent. To be sure, the average income of the bottom 99 per cent also plunged by 11.6 per cent that erased whatever gains they registered from 2002-2007.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But during the recovery in 2010, average real income per family grew by 2.3 per cent. The average real income of the top one per cent increased by 11.6 per cent while the bottom 99 per cent grew by only 0.2 per cent. The rich, thus, captured a staggering 93 per cent of the gains during the first year of recovery! &ldquo;Such an uneven recovery can help explain the recent public demonstrations against inequality,&rdquo; argued Saez. The point is that India, too, might face this denouement if income disparities keep widening as they have during the nineties and noughties.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>From the Ivory Tower will make research from the academic world accessible to all our readers</em></div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/" class="re" target="_blank">The Business Standard, 26 March, 2012, http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Reign of the one per cent?-N Chandra Mohan    </title>
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Inequality in India is worsening and clearly following the US pattern





India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that..."/>
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Inequality in India is worsening and clearly following the US pattern





India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that..." />
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    <h1 class="cat-box-title">Reign of the one per cent?-N Chandra Mohan</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Inequality in India is worsening and clearly following the US pattern</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">India is a &ldquo;relatively low-income inequality country&rdquo; &ndash; to borrow an expression from a World Bank publication &ndash; when compared to China or Brazil, but there is no doubt that disparities have been widening of late. Planning Commission officials have admitted that inequality has risen in the first decade of the new millennium, although the factors responsible for it need more research. A popular explanation is that these disparities are owing to the economic reforms of the 1990s, but data of the five-yearly surveys of National Sample Survey Organisation to clinch this issue is far from conclusive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If consumer expenditures are considered a proxy for income, the Gini coefficient &ndash; a measure of inequality &ndash; has risen from 0.35 in 2004-05 to 0.37 in 2009-10 in urban India and from 0.27 to 0.28 in rural India over this period. Obviously, income is being concentrated in the hands of fewer people, especially in towns and big cities. The Gini lies between zero (at which every one has the same income) and one (at which one person has all the income). Even though it is rising, the inequality in consumer expenditures is still much lower than the Gini coefficient of 0.55 in Brazil.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A much sharper expression of these trends is the rising ratio of monthly per capita consumer expenditures of the top 10 per cent of the population to the bottom 10 per cent. In urban India, this ratio was stable at 8.3 in 1993-94 and 8.4 in 2004-05 but rose to 10.1 in 2009-10. By contrast, it was more stable in rural India at 5.8. The pattern is the same if one considers the ratio of expenditures of the top 15 per cent to the bottom 15 per cent of the population. These numbers reflect sharpening dualism since the benefits of rapid growth has disproportionately benefited the top than the bottom of the pyramid.</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">Professors Abhijit Banerjee of Massachusetts Institute of Technology and Thomas Piketty of the Paris School of Economics have used more direct measures like income tax returns to assess trends in income disparities. Their earlier work established that the share of top incomes in India followed a U-shaped curve during the first half of the 20th century. Around 1950, the share of the top one per cent of the population was 13.4 per cent of total income, which gradually declined over the subsequent decades to 4.8 per cent in 1980. The share of top incomes then began climbing upwards to 7.4 per cent in 1990 and around nine per cent in 1998-99.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to these researchers, the increase in top income shares was highly concentrated, with most of the gains going to the top percentile of the very rich in India. In the 1990s, it was the top 0.1 per cent of the population that, in fact, enjoyed a growth rate of income that was faster than overall per capita GDP growth, in contrast to the 1980s when there was faster growth for the whole top percentile group (see also Antony Atkinson, Thomas Piketty and Emmanuel Saez&rsquo;s &ldquo;Top Incomes in the Long Run of History&rdquo;, National Bureau of Economics Research Working Paper no 15408).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Unfortunately, they have not updated their work. But if World Bank taxation expert Sebastian James&rsquo; numbers are reliable, the share of the rich top one per cent has since then risen to 30 per cent of the total income in 2008-09. The upshot is that the trend of snowballing inequalities in India is clearly following the US pattern, where CEO pay has widened substantially vis-&agrave;-vis the American worker&rsquo;s income. This, in turn, has triggered a backlash like the Occupy Wall Street movement the slogan of which is that we are the 99 per cent in contrast to the top one per cent who control 23.5 per cent of income.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Professor Saez of the University of California has recently updated estimates on top US incomes that strikingly show why the backlash in that country is in no danger of fizzling out. During the recent US recession of 2007-09, the average real income per family fell by 17.4 per cent. The average real income of the top one per cent, too, declined by 36.3 per cent that led to a decrease in the top income percentile share from 23.5 per cent to 18.1 per cent. To be sure, the average income of the bottom 99 per cent also plunged by 11.6 per cent that erased whatever gains they registered from 2002-2007.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">But during the recovery in 2010, average real income per family grew by 2.3 per cent. The average real income of the top one per cent increased by 11.6 per cent while the bottom 99 per cent grew by only 0.2 per cent. The rich, thus, captured a staggering 93 per cent of the gains during the first year of recovery! &ldquo;Such an uneven recovery can help explain the recent public demonstrations against inequality,&rdquo; argued Saez. The point is that India, too, might face this denouement if income disparities keep widening as they have during the nineties and noughties.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>From the Ivory Tower will make research from the academic world accessible to all our readers</em></div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/" class="re" target="_blank">The Business Standard, 26 March, 2012, http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/</a><div class="clear"></div>
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Home हिन्दी

Reign of the one per cent?-N Chandra Mohan

Published on Mar 26, 2012   Modified on Mar 26, 2012

Inequality in India is worsening and clearly following the US pattern India is a “relatively low-income inequality country” – to borrow an expression from a World Bank publication – when compared to China or Brazil, but there is no doubt that disparities have been widening of late. Planning Commission officials have admitted that inequality has risen in the first decade of the new millennium, although the factors responsible for it need more research. A popular explanation is that these disparities are owing to the economic reforms of the 1990s, but data of the five-yearly surveys of National Sample Survey Organisation to clinch this issue is far from conclusive. If consumer expenditures are considered a proxy for income, the Gini coefficient – a measure of inequality – has risen from 0.35 in 2004-05 to 0.37 in 2009-10 in urban India and from 0.27 to 0.28 in rural India over this period. Obviously, income is being concentrated in the hands of fewer people, especially in towns and big cities. The Gini lies between zero (at which every one has the same income) and one (at which one person has all the income). Even though it is rising, the inequality in consumer expenditures is still much lower than the Gini coefficient of 0.55 in Brazil. A much sharper expression of these trends is the rising ratio of monthly per capita consumer expenditures of the top 10 per cent of the population to the bottom 10 per cent. In urban India, this ratio was stable at 8.3 in 1993-94 and 8.4 in 2004-05 but rose to 10.1 in 2009-10. By contrast, it was more stable in rural India at 5.8. The pattern is the same if one considers the ratio of expenditures of the top 15 per cent to the bottom 15 per cent of the population. These numbers reflect sharpening dualism since the benefits of rapid growth has disproportionately benefited the top than the bottom of the pyramid.   Professors Abhijit Banerjee of Massachusetts Institute of Technology and Thomas Piketty of the Paris School of Economics have used more direct measures like income tax returns to assess trends in income disparities. Their earlier work established that the share of top incomes in India followed a U-shaped curve during the first half of the 20th century. Around 1950, the share of the top one per cent of the population was 13.4 per cent of total income, which gradually declined over the subsequent decades to 4.8 per cent in 1980. The share of top incomes then began climbing upwards to 7.4 per cent in 1990 and around nine per cent in 1998-99. According to these researchers, the increase in top income shares was highly concentrated, with most of the gains going to the top percentile of the very rich in India. In the 1990s, it was the top 0.1 per cent of the population that, in fact, enjoyed a growth rate of income that was faster than overall per capita GDP growth, in contrast to the 1980s when there was faster growth for the whole top percentile group (see also Antony Atkinson, Thomas Piketty and Emmanuel Saez’s “Top Incomes in the Long Run of History”, National Bureau of Economics Research Working Paper no 15408). Unfortunately, they have not updated their work. But if World Bank taxation expert Sebastian James’ numbers are reliable, the share of the rich top one per cent has since then risen to 30 per cent of the total income in 2008-09. The upshot is that the trend of snowballing inequalities in India is clearly following the US pattern, where CEO pay has widened substantially vis-à-vis the American worker’s income. This, in turn, has triggered a backlash like the Occupy Wall Street movement the slogan of which is that we are the 99 per cent in contrast to the top one per cent who control 23.5 per cent of income. Professor Saez of the University of California has recently updated estimates on top US incomes that strikingly show why the backlash in that country is in no danger of fizzling out. During the recent US recession of 2007-09, the average real income per family fell by 17.4 per cent. The average real income of the top one per cent, too, declined by 36.3 per cent that led to a decrease in the top income percentile share from 23.5 per cent to 18.1 per cent. To be sure, the average income of the bottom 99 per cent also plunged by 11.6 per cent that erased whatever gains they registered from 2002-2007. But during the recovery in 2010, average real income per family grew by 2.3 per cent. The average real income of the top one per cent increased by 11.6 per cent while the bottom 99 per cent grew by only 0.2 per cent. The rich, thus, captured a staggering 93 per cent of the gains during the first year of recovery! “Such an uneven recovery can help explain the recent public demonstrations against inequality,” argued Saez. The point is that India, too, might face this denouement if income disparities keep widening as they have during the nineties and noughties. From the Ivory Tower will make research from the academic world accessible to all our readers

The Business Standard, 26 March, 2012, http://www.business-standard.com/india/news/n-chandra-mohan-reignthe-one-per-cent/468960/

Tagged with: Inequality

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