-Down to Earth Income inequality makes agrarian crisis challenging; inequality is worse among farmers than the formal economy Economists Lucas Chancel and Thomas Piketty recently concluded after a long study that inequality is at its peak in India. It is embedded in popular conscience: “Top 1 per cent of earners captured 22 per cent of total income in the country.” Their study–covering consumption, government accounts and income tax data from 1922...
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Social security still a raw deal for many -Garimella Subramaniam
-The Hindu The goal of comprehensive social security coverage remains a mere slogan in many parts of the world A recent global report on social security could serve as a useful starting point to understand the appeal of populism across the world. The World Social Protection Report 2017-19 of the International Labour Organisation could also be viewed as a blueprint for action by political parties of the mainstream. A vast majority of people...
More »Job scheme swells farm yields -Basant Kumar Mohanty
-The Telegraph New Delhi: The ponds and wells dug under the rural job guarantee scheme have boosted farmers' income by an average 15 per cent, a study has found. The finding by the Institute of Economic Growth, New Delhi, appears to contradict charges that the scheme has lagged in asset creation and been largely a failure. According to the survey, farmers reported an 11 per cent rise in rice and wheat production and...
More »Reetika Khera, Associate Professor of Economics at IIT-Delhi, interviewed by Surabhi (The Hindu Business Line)
-The Hindu Business Line The government must universalise social security pensions for the elderly, single women and persons with disabilities and also operationalise the maternity entitlement scheme at the earliest, says Reetika Khera, Associate Professor of Economics at IIT-Delhi. In an interview to BusinessLine, Khera argued against the use of Aadhaar for authentication of beneficiaries and said it has “no role in plugging leakages or in the identification of correct beneficiaries”....
More »Delhi and Punjab richest states, Jain wealthiest community: National survey -Roshan Kishore
-Hindustan Times People in Delhi and Punjab are the richest, with more than 60% of their households in the top wealth quintile. Why is Gujarat like Christians and Delhi like Jains? The analogy has nothing to do with religious beliefs of these two states. However, the comparison holds if one were to compare wealth levels of the population in these two states with that of the two religious groups, on the basis of...
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