-Down to Earth India’s 10 per cent rich share 55 per cent of the national income, making it the second most unequal region after the Middle East India emerged as the second most unequal region in the world after the Middle East, according to the World Inequality Report 2018. The 10 per cent of super rich population share 55 per cent of the national income of the country. In the Middle...
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World lost 2.3 million sq km of forested land to drought in last three decades -Subhojit Goswami
-Down to Earth Successive droughts lead to a substantial and unsustainable expansion of cropland at the expense of forested lands “Droughts are misery in slow motion” with impacts even deeper than previously believed. Although floods pose major economic threats, water scarcity and drought may be causing long-term harm in ways that are poorly understood and inadequately documented, claims Uncharted waters: the new economics of water scarcity and variability, a report by...
More »India's Unique Enigma of High Growth and Stunted Children -Awanish Kumar
-TheWire.in Diane Coffey and Dean Spears’ Where India Goes: Abandoned Toilets, Stunted Development and the Costs of Caste is a path breaking addition to the literature on child malnutrition and development policy in India. The history of global health has been marked with a dramatic turnaround starting from around the mid to late 19th century. This period witnessed an unprecedented decline in death rate and a steady increase in the life expectancy...
More »Country of a chosen few -TSR Subramanian
-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From British Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....
More »Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)
-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
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