-The Hindu Business Line There has been a spike in income inequality in the post reforms period with wealth concentrated at the top deciles India has somehow nurtured a widely shared impression that it has a well established statistical system with reliable databases compiled through effective methods of data collection through its network of central agencies and periodic nation-wide surveys. However, India is one of the very few countries which does not...
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Richest 1% Indians own more than half of country's total wealth, says report -Achyut Mishra
-ThePrint.in The report, prepared by Council of Social Development, says wealth inequality in India has seen a six-fold increase between 2000 and 2017. New Delhi: The richest 1 per cent of Indians own 58.4 per cent of the country’s total wealth, and this wealth inequality has increased six times between 2000 and 2017, said a new report published by Oxford University Press and released by former prime minister Dr Manmohan Singh Monday. Titled...
More »Homelessness highlights the inequality behind GDP growth numbers -Debarati Bhattacharya
-The Hindu Business Line To tackle homelessness, the government should provide better incentives to developers to provide affordable housing Food, clothing and shelter are three basic human needs. Out of the three, shelter remains beyond the reach of 1.77 million people in India, accounting for 0.15 per cent of the nation’s population (Census 2011). Rights groups, however, say that the actual figure is at least three times higher. Consequently, a large number...
More »The Unrealistic Optimism of Indians on Prospects of Upward Social Mobility -Ranjan Ray
-TheWire.in To rectify this gap between perception and reality, inequality of opportunities and the lack of emphasis on primary education need to feature more prominently in Indian policy discussions. We are constantly reminded of how Narendra Modi started from humble beginnings by selling tea and rose to occupy the position of the prime minister of India. Irrespective of which side of the political divide one is on, there is no disputing the...
More »London School of Economics announces Amartya Sen Chair; here's why Nobel laureate's name was chosen
-Financial Express With an aim to honour renowned India-born economist Amartya Sen, the London School of Economics and Political Science, has announced a Chair in Inequality Studies in his name. The Nobel laureate served as a professor in the economics department at the institute from 1971-82. The person holding the position would also serve in the capacity as the Director of the International Inequalities Institute at LSE, the institute said on its...
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