-PTI India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...
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India's income inequality has doubled in 20 years
-The Times of India Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...
More »NREGA's new avatar: Work later, take home cash now by Devika Banerji
The government is likely to allow advance part payment of wages in a bid to restore faith of beneficiaries in its flagship rural jobs scheme. The proposal is part of a slew of measures to address mounting criticism of the centrally-funded Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) which is beset by administrative logjam and charges of leakages. The rural development ministry has asked states to initiate a monthlong pilot...
More »Youth in Asia Pacific face serious employment issues by Meena Menon
Mismatch between potential and experience confounds many a job-seeker, say managers Mun Ching Yap had gone as a journalist to an airline company to interview its executive official, but her excitement, passion and ability to learn earned her a job as the head of the company's strategic planning department. Ms. Mun, now a columnist and entrepreneur from Malaysia, was 28 years old then. “In Malaysia, the median age of the population is 27,...
More »Wadhwani foundation, NASSCOM join hands to place disabled
-PTI An "Accessiblility Initiative" to employ over 2000 people with disabilities in IT-BPO industry was launched here today as part of helping the IT sector take forward the thrust on inclusion and diversity. Collaborating for the two year advocacy and job placement campaign with a grant of Rs 48 lakh, the Washwani Foundation and NASSCOM Foundation aim at enabling IT-BPO companies to recruit and place the maximum number of young adults with...
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