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What rising Inequality means -S Irudaya Rajan and Udaya S Mishra

-The Hindu Redistribution measures have been ineffective and there are no policies discouraging accumulation of income and wealth The COVID-19 pandemic has exposed the stark divide between the rich and the poor. At this juncture, evaluating the state of Inequality serves as an eye-opener on the income/wealth divides prevailing across regions. Such divides are represented in terms of the share of income/wealth among the top 10% of the population against the bottom...

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Prof. Jean Dreze, academician and social activist, interviewed by Anil Varghese (Forward Press)

-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the Inequality in India based on...

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Three economic fault lines will determine India’s trajectory over the next decade -Deepanshu Mohan

-Scroll.in It is essential for policy makers to understand the crises created by widening income inequalities and labour market ruptures. In the context of the current global macro-economic situation, there are three deep currents for the Indian government to be aware of. How it understands and responds to these challenges will shape the country’s socio-economic trajectory over the next few years. The first undercurrent: the deepening of income and wealth inequalities. Second: a...

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All that glitters is hidden wealth -Jaideep Hardikar

-The Telegraph In India, Inequality has been normalised While we know that Inequality is bad, we do not deal with it. In India, we have normalized it, just like brazen communalization, bigotry and untruth. This is perhaps because many of us are complicit in perpetuating the Inequality. Some data released this month provide a grim commentary on what is happening in the underbelly of the country. Scan through the regional dailies and you...

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MNREGA funds allocation: Honouring the work-on-demand guarantee -Ashwini Kulkarni

-IdeasforIndia.com The Centre has sought an additional Rs. 25,000 crore as funding for MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). Based on simple calculations using official data, Ashwini Kulkarni contends that the actual fund requirement is in fact much higher. As the pandemic continues to adversely impact rural livelihoods, the government should allocate sufficient funds to MNREGA, in order to honour the work-on-demand guarantee. For over a month, national and local...

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