-Livemint.com While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, says Credit Suisse’s India wealth report The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And it’s not some bleeding-heart NGO that’s...

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

-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....

-The Times of India MUMBAI: Education may be priceless, but the promise of a degree has seen parents across India foot large bills. Those from the rural and urban pockets of southern states spend the most, largely sign up at a private university and finance their children's dream of a technical education. On average, higher education accounts for 15.3% of the total household expenditure in rural and 18.4% in urban areas....

-The Indian Express Studying micro economies such as Bastar gives us the tools to highlight the rising inequality between the bourgeoise and proletariat. New Delhi: In Delhi University professor Nandini Sundar’s meticulously researched book, The Burning Forest: India’s War in Bastar, the plight of the adivasis struggling to make ends meet paints a striking picture of the growing wage disparity in the “Maoist state”. Wages paid to the adivasis are strictly controlled...