-Livemint.com The average National Income of the Indian adult population is ₹204,200. While the bottom 50% earns ₹53,610, the top 10% earns more than 20 times ( ₹1,166,520) India has emerged as the most unequal country with the top 1% of the population holding more than one-fifth of the total National Income in 2021, according to World Inequality Report 2022. The report added that that the average National Income of the Indian adult...
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India Among Top Nations In Inequality, 1% Hold 22% Income: Report
-PTI/ NDTV According to the report, World Inequality Report 2022, average household wealth in India stands at ₹ 9,83,010. New Delhi: India stands out as a "poor and very unequal" country, with the top 1 per cent of the population holding more than one-fifth of the total National Income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled "World Inequality Report 2022", has been authored...
More »India is among the most unequal countries, says World Inequality Report
-Scroll.in In 2021, the top 1% of India’s population earned 21.7% of the total National Income, while the bottom 50% made just 13.1%. The top 1% of India’s population earned more than one-fifth (21.7%) of the country’s total National Income in 2021, while the bottom 50% made just 13.1% of the money, showed this year’s World Inequality Report released on Tuesday. The top 10% of the population owned as much as 57% of...
More »Beyond India @75: Growth, Inclusion and Sustainability -S Mahendra Dev
-Indira Gandhi Institute of Development Research, Mumbai There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and development. As India is integrated with the world, global issues are also important for...
More »Release funds to MGNREGA, urge economists in open letter to PM
-The Hindu Business Line The letter underlined that the MGNREGA has assumed more significance during the period of the pandemic The country’s top economists, researchers, and activists have written an open letter to Prime Minister Narendra Modi expressing their concern about the funds crunch in MGNREGA and demanding immediate release of additional funds to ensure that the programme functions as the law requires. The letter, signed by several academics and intellectuals including Jean...
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