-PTI In a reference to the people's revolutionary movements against corruption in West Asia and countries like India, UN Secretary General Ban Ki-Moon has asked nations to join forces in fighting the "cancer of corruption" which he says breeds Inequality and injustice. Ban, in his message on the occasion of 'International Anti-Corruption Day', observed annually on December 9, said the poor and vulnerable sections of society may be "marginalised" by corruption, but...
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India income Inequality doubles in 20 years, says OECD
-BBC Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...
More »Inequality rises in India, says OECD
-PTI India has become "less equal over time" and earningsInequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on Inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...
More »India's income Inequality has doubled in 20 years
-The Times of India Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...
More »Poor social security, a major concern for workers in Asia-Pacific region by Meena Menon
While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...
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