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Wealth of top 1% will be more than combined wealth of 99% by 2016: British charity

-AFP Paris: Wealth accumulated by the richest 1% will exceed that of the other 99% in 2016, the Oxfam charity said on Monday, ahead of the annual meeting of the world's most powerful at Davos, Switzerland. "The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast," Oxfam executive director Winnie Byanyima said. The richest...

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India’s Wealth Is Rising. So Is Inequality -Prachi Salve

-IndiaSpend.com "Worldwide, inequality of individual wealth is extreme. At the start of 2014, Oxfam calculated that the richest 85 people on the planet owned as much as the poorest half of humanity. Between March 2013 and March 2014, these 85 people grew $668 million richer each day." That is the observation by Oxfam India, an NGO that works on issues relating to poverty and development, in its latest report on inequality...

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City must be equitable, not smart -Medha Patkar

-The Indian Express Just a few years ago, the World Bank in its World Development Report claimed that migration from rural India to urban centres is "natural" and the same should not be interrupted or prevented through schemes like the MGNREGA. This was a shocking statement to all those who know why there is huge and ever-growing migration to cities, not only of the labour class but also of farmers and small...

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Rise in global inequality

-The Hindu The findings from the latest International Labour Organisation report on real wages point to a mix of proactive initiatives and policy paralysis in different contexts. The study notes that continuing deceleration in the growth of global real wages and discriminatory pay gaps based on gender and nationality could sharpen household income inequalities. A most striking finding is that labour productivity growth outstripped increases in real wage between 1999 and...

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About men -Vani S Kulkarni, Manoj K Pandey & Raghav Gaiha

-The Indian Express Although the prevalence of sexual violence in India is the lowest in the world (8.5 per cent in 2013), it affects 27.5 million women in the country. Rapes reported to the police as sexual violence surged from 39 per day to 93 per day in 2013. In Uttar Pradesh alone, five rapes occurred in 36 hours. Even these are underestimations, for two reasons. One is the exclusion of...

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