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India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

-PTI At Davos, Oxfam said this increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe Indian billionaires saw their fortunes swell by Rs. 2,200 crore a day last year, with the top 1 per cent of the country’s richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said...

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ORF-WEF survey: '70% youth unaware of govt's skill development programmes' -Karishma Mehrotra

-The Indian Express The low training participation was mostly due to financial barriers and time constraints, with each category cited by a third of youth respondents. Seventy per cent of youth are unaware of government-run skill development programmes in their area, yet more than seventy per cent are very interested in pursuing skills training, according to a “Young India and Work” study by the Observer Research Foundation and World Economic Forum. The findings,...

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Economic gender gap will take 217 years to close: WEF report -Tina Edwin

-The Hindu Business Line ‘Increased participation of women in economic activity can boost economy’ New Delhi: When the theme for 2017 International Women’s Day was set as ‘Be Bold for Change’, little did anyone imagine that later that year Hollywood actress Ashley Judd would come out and speak up against film production and distribution house Miramax co-founder Harvey Weinstein who had sexually harassed her in the early years of her career. Judd proved...

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Wealth Of The Nation -Nisha Agrawal

-The Indian Express At Davos, India needs to outline its vision to make growth inclusive Earlier this month, the external affairs ministry announced that Prime Minister Narendra Modi would lead the “largest ever” Indian contingent to Switzerland during the four-day World Economic Forum 2018 in the Swiss Alps town of Davos on January 23. This made headlines since he is the first Indian PM to be attending Davos in over two...

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India lags BRIC, Pakistan on inclusiveness: WEF survey -Sidhartha

-The Times of India DAVOS: India was ranked 62nd among 74 emerging economies on World Economic Forum's Inclusive Development Index, a report released on Monday said. Although India was ranked lower than Brazil, Russia, China and even Pakistan, it was among the 10 emerging economies with 'advancing' trend. "The 2018 index measures progress of 103 economies on three individual pillars-growth & development, inclusion & inter-generational equity and sustainability. Of the three pillars,...

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