-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

-The Indian Express Studying micro economies such as Bastar gives us the tools to highlight the rising inequality between the bourgeoise and proletariat. New Delhi: In Delhi University professor Nandini Sundar’s meticulously researched book, The Burning Forest: India’s War in Bastar, the plight of the adivasis struggling to make ends meet paints a striking picture of the growing wage disparity in the “Maoist state”. Wages paid to the adivasis are strictly controlled...

-TheWire.in Using tax collection numbers as signifiers of robust economic activity may be highly optimistic. One of the most interesting questions in Indian macroeconomics today is – how are we faring since late 2016? In this article, I seek to analyse data on tax revenues and obtain some clues about the performance of the economy. In a press release published on January 9, the central government reported the following increases in tax collections...

-PTI In signs of rising income inequality, India’s richest 1 per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent, a new study showed on Monday. The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires...

-The Indian Express Reddy was also critical of the way Governor and Deputy Governors is selected. Mumbai: Former Reserve Bank Governor YV Reddy on Monday said: “The role of central bank in our economy is under threat and it is a national problem which has to be addressed as a national problem”. In an interview to CNBC-TV18 channel, the former Governor also said, “my own suspicion is that the institutional identity of...