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Inequality rises in India, says OECD

-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...

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Poor social security, a major concern for workers in Asia-Pacific region by Meena Menon

While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...

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The workforce misses the boat

-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....

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Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

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