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Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report

Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...

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India's Population, Poverty And Consumption Data Missing As 2022 Comes To A Close -Prachi Salve|

-IndiaSpend.com Several important datasets that help in formulating government policies have not been released for over two years Mumbai: Of 20 government datasets that IndiaSpend analysed, the collection of data or its public release has been delayed for 12 datasets. Crucial data such as from the census, household expenditure and poverty estimates, which influence other data sets and policymaking, are over two years old. Political manipulation in data releases and a weakened data...

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The importance of affordable healthcare for all and other key lessons from the pandemic -Chapal Mehra & Lancelot Pinto

-Scroll.in It is important to learn from the Covid-19 crisis and transform policies and systems. Or we are destined to repeat our mistakes? Humans tend to limit memories of horrors faced in the past as a coping mechanism. In our hurry to return to normalcy, as the world and India learns to live with Covid-19, we should not forget the lessons this crisis taught us. The most important of these is the...

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Expand the food safety net without any more delay -Reetika Khera

-The Hindu Expanding PDS coverage to account for the increase in population since 2011 is a no-brainer; the Government’s resistance to implementing a Supreme Court of India direction is baffling The National Food Security Act (NFSA), 2013, through the Public Distribution System (PDS), provides a crucial safety net for roughly 800 million people. Even critics of the PDS appreciated its services during the COVID-19 lockdown. The humanitarian crisis resulting from the COVID-19 lockdown,...

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Charting the economic journey ahead -C Rangarajan

-The Hindu India has no choice but to grow fast, given the present level of per capita income The big question before India is where its economy will be 25 years from now. By 2047, India will complete 100 years after Independence. By that time, will India achieve the status of a developed economy, which means achieving a minimum per capita income equivalent to $13,000? We also need to know what the...

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