-Hindustan Times Instead of denial, a much bolder step would be to increase investments and strengthen delivery in key areas such as health and education, which have inter-generational impacts, and can also go a long way in removing widespread inequality. Last week, three separate global reports related to development were released: the World Bank’s Human Capital Index; the Welthungerhilfe and Concern Worldwide’s 2018 Global Hunger Index; and Oxfam International’s 2018 Commitment...
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ILO Wage Report Paints a Sorry Picture of Economic Inequalities in India -Anumeha Yadav
-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...
More »How the data sets stack up -C Rangarajan & S Mahendra Dev
-The Hindu Why measuring inequality is not the same as measuring changes in the level of poverty in India In recent years, there has been a lot of discussion on increasing inequality within several countries of the world, including India, particularly after the publication of Thomas Piketty’s book on inequality. It is true that rising inequality has adverse economic and social consequences. The Gini coefficient or other measures of inequality are being...
More »Economist Paul Krugman warns India of mass unemployment if manufacturing sector does not grow
-Scroll.in The Nobel laureate noted that the country does not yet have the jobs essential to sustain the projected growth in demography. Nobel laureate Paul Krugman on Saturday warned that India may end up with mass unemployment if its manufacturing sector does not grow, News18 reported. The American economist was speaking at an event that the news channel had organised. “As the world’s economies took off because of growth in the manufacturing...
More »Economic gender gap will take 217 years to close: WEF report -Tina Edwin
-The Hindu Business Line ‘Increased participation of women in economic activity can boost economy’ New Delhi: When the theme for 2017 International Women’s Day was set as ‘Be Bold for Change’, little did anyone imagine that later that year Hollywood actress Ashley Judd would come out and speak up against film production and distribution house Miramax co-founder Harvey Weinstein who had sexually harassed her in the early years of her career. Judd proved...
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