-TheWire.in From SAD breaking off its alliance with the BJP to the Republic Day violence, the Lakhimpur Kheri incident and the Singhu border killings, the movement successfully forced the Modi government to repeal the laws. Chandigarh: While there were several ups and downs during the year-long farmers’ protests, there were six major phases that defined the movement and kept it alive. In June 2020, the Union Cabinet chaired by Prime Minister Narendra Modi...
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economists question Reserve Bank of India’s inflation claims -
-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...
More »India 'poor and very unequal' with affluent elite: World Inequality Report -Indivjal Dhasmana
-Business Standard Fruits of economic reforms monopolised by the elite: World Inequality Report The top one per cent of the population in India owns more than one-fifth of the total national income in 2021 while the bottom half earns just 13.1 per cent, said the World Inequality Report. The economic reforms and liberalization adopted by India have mostly benefited the top one per cent, the latest report for 2022 said. "India stands out...
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 »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...
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