-The Telegraph There is no escaping climate crisis, but concerted efforts may ensure loss of life is minimum The Sunderbans in West Bengal, along with several districts in Odisha and Tamil Nadu, are the most vulnerable to high storm surges induced by cyclones, according to the Climate Hazards and Vulnerability Atlas of India released by the ministry of earth sciences recently. The atlas aims to help mitigate the effects of the 13...
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80% of Indians support tax on the wealthy in Budget: Survey
-The New Indian Express The survey is based on inputs from 3,231 Indians from 24 states ahead of the Union Budget 2022-23 on the expectations of common people from the government. NEW DELHI: More than 80% of Indians support a tax on the rich and corporations who earned record profits during the pandemic, a nationwide survey by Fight Inequality Alliance India (FIA India) revealed on Thursday. Over 90% of participants demanded budget measures...
More »What We Could Hope For – But Should Not Expect – in Budget 2022-23 -Jayati Ghosh
-TheWire.in Faced with a Union government that puts its own image-building ahead of the good of the people, let us imagine a scenario where Budget 2022-23 is, instead, drafted by a government which is willing to cooperate with the states and respond to the needs of the people. No matter where we look, bad news on the economy just keeps pouring in. Despite all the official and unofficial media attempts to talk up...
More »Poor Country With Affluent Elite, India Is Going Nowhere -Jayati Ghosh
- The India Cable/ TheWire.in India is now one of the most unequal countries for both income and wealth inequality — and has shown the most rapid increases in inequality. The Paris-based World Inequality Lab has become a major source of data on global inequality, based on careful aggregation of national data from a multitude of sources, of both income and wealth inequality, at national, regional and global levels. Their latest World...
More »Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report
-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that...
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