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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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'Members of De-Notified Tribes Picked Up to Cover Up Shoddy Investigations': Justice Chandrachud

-TheWire.in "Constitutional and legal mandates are not sufficient to protect the rights of the marginalised group including Dalit and tribals," he said at a lecture. New Delhi: Tribals are subject to oppression and cruelty even after independence and still picked up by the investigating officers to cover up shoddy investigations, Supreme Court Judge Justice D.Y. Chandrachud said on Monday. Justice Chandrachud was speaking at the 13th B R Ambedkar Memorial Lecture on the...

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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...

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Tomato price rise: Farmers in Andhra say that is only part of the whole story -G Ram Mohan

-Down to Earth All-year demand, the pressures of cultivating tomato off season and changing climate are making life difficult for Chittoor’s farmers Tomato prices across the country have shot through the roof recently. The government has intervened to lower the prices. But for farmers in Andhra Pradesh’s Chittoor district, one of India’s major tomato-growing areas, the government’s action show its bias for urban consumers and its neglect for rural farmers who are...

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As migrant workers return to work, domestic remittances rise -Surabhi

-The Hindu Business Line The trend signals normalisation of economic activities to pre-Covid levels With economic activities reverting to normal on most fronts, domestic remittances by migrant workers, too, has touched pre-Covid level and in fact is even higher, according to payment players. “Things have got back to normal, we see a lot of activity in the market. People have gone back to jobs and continue to send money. That market continues to...

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