-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
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The regional disparity challenge -Nikita Kwatra & Pramit Bhattacharya
-Livemint.com A fiscal stimulus that comes from the poorest states of the country will enable them to raise capex spending, boost growth and catch up with the others On many development parameters, India appears to be almost like a continent, with different states at vastly different stages of development. Underlying such stark differences are differences in the levels of per capita incomes, and such differences have risen sharply over the past...
More »Kerala, TN, Himachal tops India's child well-being index, says report -Bindu Shajan Perappadan
-The Hindu Meghalaya, Jharkhand and Madhya Pradesh feature at the bottom, says NGO Kerala, Tamil Nadu, Himachal Pradesh and Puducherry topped the charts in the child well-being index, a tool designed to measure and tracks children’s well-being comprehensively. Meghalaya, Jharkhand and Madhya Pradesh featured at the bottom, as per a report released by the non government organisation World Vision India and research institute IFMR LEAD on Tuesday. The report is an attempt...
More »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 »The many hues of inequality in India -T Haque & D Narasimha Reddy
-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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