-PTI In signs of rising income inequality, India’s richest 1 per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent, a new study showed on Monday. The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires...

-The Hindu We cannot permit gross inequality-linked deprivation to leave its malign signature on the lives of those who are yet to come. As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of the markets and financial speculation, and by attacking the structural causes of inequality, no solution can be found for the world’s problems. Inequality is the root of social ills. —...

-Frontline.in An initiative focussed on Kerala’s development experience exposes a worrying trend of rising inequality and proposes a strategy for sustainable and equitable growth. THE fourth international Congress on Kerala Studies, organised by the A.K.G. Centre for Study and Research in Thiruvananthapuram on January 9-10, has generated much interest for its focus on a worrying new trend in Kerala’s development experience: rising inequality and marginalisation of large sections of people despite...

-Livemint.com The economist believes inequality in India is comparable with Brazil, South Africa but lack of transparency over direct tax statistics in India hinders his study here New Delhi: Economist Thomas Piketty believes inequality in India is comparable with that in Brazil and South Africa. Like the two other emerging economies, where the richest 10% of the population has a 60-65% share of total wealth, a similar scenario probably exists in...

-The Independent Wealth Inequality has grown to the stage where 62 of the world's richest people own as much as the poorest half of humanity combined, according to a new report. The research, conducted by the charity Oxfam, found that the wealth of the poorest half of the world's population - 3.6 million people - has fallen by 41 per cent, or a trillion US dollars, since 2010. While this group has become...