-TheWire.in There is a serious problem when it comes to both allocation and implementation of schemes for SC/ST development. People who fall under Scheduled Caste (SC) and Scheduled Tribe (ST) groups constitute 25% of India’s total population. As we approach NDA 2.0’s first budget announcement, it is crucial to examine the policy and practice of its SC/ST budgets over the last five years. It is well established that both groups of people have...
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Richest 1% Indians own more than half of country's total wealth, says report -Achyut Mishra
-ThePrint.in The report, prepared by Council of Social Development, says wealth inequality in India has seen a six-fold increase between 2000 and 2017. New Delhi: The richest 1 per cent of Indians own 58.4 per cent of the country’s total wealth, and this wealth inequality has increased six times between 2000 and 2017, said a new report published by Oxford University Press and released by former prime minister Dr Manmohan Singh Monday. Titled...
More »Some Myths of Election Analysis - Subodh Varma
-Newsclick.in Like always, several myths are being propagated like – the irrelevance of economic issues or the supremacy of nationalism. But what is the truth? Like all elections everywhere in the world, India’s general election this year too has created its own mythology. Some of it was – understandably – created during the election campaign while some have been generated after the results were out and the BJP-led alliance emerged as a...
More »The middle income trap that India must avert
-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by Rathin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the economy’s days of high single-digit growth rates are a thing of the...
More »London School of Economics announces Amartya Sen Chair; here's why Nobel laureate's name was chosen
-Financial Express With an aim to honour renowned India-born economist Amartya Sen, the London School of Economics and Political Science, has announced a Chair in Inequality Studies in his name. The Nobel laureate served as a professor in the economics department at the institute from 1971-82. The person holding the position would also serve in the capacity as the Director of the International Inequalities Institute at LSE, the institute said on its...
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