-PTI In signs of rising income inequality, India’s richest 1 per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent, a new study showed on Monday. The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires...
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Ten years of the Forest Rights Act: Opportunity lost? -Sharmistha Bose
-Oxfam India Blog Hari Bandhu Kanhar (45 years) is a Gond tribal of Jhankarmunda village, district Bolangir, Odisha whose family recently received legal title over his forest land under the Forest Rights Act, 2006. On being asked about the difference of being landless and having a land title, he shared that the biggest difference is that he is not hounded by the fear of being evicted from his land. Narratives such as...
More »School policy tonic: proud to be Indian -Basant Kumar Mohanty
-The Telegraph New Delhi: A draft education policy has suggested that the curriculum be drawn up with the objective of making every student feel proud of being Indian, a source told The Telegraph today. The content of every subject, particularly in school, should be designed weaving in values like righteousness, truth and the students' responsibility to themselves and the country, the source said, summarising recommendations submitted to the Union human resource development...
More »Unequal by birth: time to break the vicious cycle -K Srinath Reddy
-The Hindu We cannot permit gross inequality-linked deprivation to leave its malign signature on the lives of those who are yet to come. As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of the markets and financial speculation, and by attacking the structural causes of inequality, no solution can be found for the world’s problems. Inequality is the root of social ills. —...
More »Just 62 people now own the same wealth as half the world's population, research finds -Jon Stone
-The Independent Wealth inequality has grown to the stage where 62 of the world's richest people own as much as the poorest half of humanity combined, according to a new report. The research, conducted by the charity Oxfam, found that the wealth of the poorest half of the world's population - 3.6 million people - has fallen by 41 per cent, or a trillion US dollars, since 2010. While this group has become...
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