- The India Cable/ TheWire.in India is now one of the most unequal countries for both income and wealth inequality — and has shown the most rapid increases in inequality. The Paris-based World Inequality Lab has become a major source of data on global inequality, based on careful aggregation of national data from a multitude of sources, of both income and wealth inequality, at national, regional and global levels. Their latest World...
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Corruption Allegations Felled The UPA, But Modi’s Bribery-Fighting Lokpal Has Little To Do -Saurav Das
-Article-14.com One of the issues that brought Prime Minister Narendra Modi to power in 2014 was corruption, the antidote to which was to be a Lokpal, a public ombudsman. His government reluctantly set it up only five years later, after a Supreme Court order. In 2021, it received no more than 30 complaints, with critical posts of inquiry and prosecution chiefs vacant, a third of its budget unused and a former...
More »Should the government loosen its purse strings? -Prashanth Perumal
-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...
More »Dropping the ball on growth and jobs -Santosh Mehrotra
-Financial Express The state despeRATely needs a stRATegy for labour-intensive manufacturing; the attacks on cattle-trade have knocked down its once-thriving leather industry In 1955, the share of population below the poverty line (NSS 1955) in Uttar Pradesh was 64%, not too different from that in the Madras State (present-day Tamil Nadu), at 73.6%, or in West Bengal, at 53.6%. Four decades later, in 1993-94, while India’s poverty RATe was 45.3%, UP’s was...
More »SC to Consider Hearing Plea Seeking Food, Welfare Measures for Migrant Workers During Third Covid Wave
-PTI/ News18.com The activists, in the fresh plea, have sought directions to the Centre to file a status report with respect to compliance of the directions given in the judgment delivered in June last year. The Supreme Court Wednesday said it would consider listing for hearing the fresh plea of activists seeking implementation of an earlier order on ensuring food security and other welfare measures for migrant workers who are again in...
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