-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
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Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
More »India's richest 20% account for 45% of income -Pramit Bhattacharya
-Livemint.com Middle India is largely rural and uneducated, shows the ‘Household Survey on India’s Citizen Environment & Consumer Economy’ New Delhi: India’s richest quintile accounts for 45% of aggregate household disposable income while the poorest quintile earns barely 7% of the aggregate income pie, according to the latest data from a nationally representative survey conducted this year. The Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey), covering 61,000 households,...
More »Hunger and hard facts -TK Rajalakshmi
-Frontline.in In the latest Global Hunger Index, India is bracketed in the category of countries where hunger levels are “serious”. But the policy responses on hunger and malnutrition in the country have been inadequate and faulty. In the second week of October, a few media reports in India highlighted significant data pertaining to global hunger. The International Food Policy Research Institute (IFPRI) had released its Global Hunger Index (GHI), rating 118...
More »Rural inflation surges ahead of urban price rise -Surabhi
-The Hindu Business Line Retail inflation worrisome on regional variations and transportation challenges New Delhi: Retail inflation may have eased to a 13-month low of 4.31 per cent in September, but surging prices continue to pinch the pockets of consumers in rural areas due to regional variations and transportation challenges. Though the consumer price index (CPI)-based inflation in rural areas fell to 4.96 per cent in September, against 5.87 per cent in August,...
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