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India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...

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India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty

-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken supply chains and various challenges brought about by the COVID-19...

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The Curious Case of India's Millions of ‘Missing’ Poor People -KD Maiti and Santosh Mehrotra

-TheWire.in There is a need to set right the ‘national multidimensional poverty index’ framework to capture the true story of deprivation. The global sustainable development agenda demands that countries measure the population living in poverty and reduce it by at least half by 2030. So, in order to monitor progress on this critical development indicator, UNDP and Oxford Poverty and Human Development Initiative (OPHI) compute what is called the ‘Multidimensional Poverty Index (MPI)’...

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How the Rise of Global Inflation Will Play Out in Indian Politics -MK Venu

-TheWire.in Today, fuel prices are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narrative spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining rather subdued from the beginning of this century....

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Beyond India @75: Growth, Inclusion and Sustainability -S Mahendra Dev

-Indira Gandhi Institute of Development Research, Mumbai There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and development. As India is integrated with the world, global issues are also important for...

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