-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
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Four walls and the cry for help -Vani S Kulkarni, Manoj K Pandey and Raghav Gaiha
-The Hindu Every hour 25 women fall victim to crimes; 11 suffer cruelty by husbands and other relatives; three are raped; and there is one dowry death. Horrific crimes against women have, in fact, continued unabated. What is worse is that there has been an acceleration of such crimes in recent years, with the annual rate rising from 5.9 per cent in 2006 to 7.8 per cent during 2006-2011. Cases of domestic...
More »Inequality re-emerges as a core concern, needs a new definition-Ali Mehdi
-The Economic Times What is... Inequality has re-emerged as a core concern in developing and developed countries alike, thanks to the growing gap and frustration of a section of the middle class and the rich vis-a-vis the super rich. A World Bank Policy Research Working Paper (No. 6259) by Branko Milanovic shows that the incomes of the global top 1 per cent and the emerging middle classes in developing countries rose dramatically between...
More »Poverty has increased during period of economic growth, says economist
-The Hindu Chennai: India's economic boom in the first decade of the 21st Century coincided with an increase in the magnitude of poverty, economist Prabhat Patnaik said here on Saturday. "There has been a period of positive growth as far as the GDP is concerned. But during this period , there has been an increase in magnitude of absolute poverty," he said. "While the Planning Commission insists that proportion of population below...
More »Working women numbers don’t add up -Rukmini Shrinivasan
-The Times of India In English Vinglish, her big comeback movie last year, Sridevi's Shashi Godbole was a small-scale caterer in Pune before the movie's arc took her to the US. We saw her efficiency at making boondi laddoos, we saw that her clients loved them and we know she made a little money from it. But we also saw how little her enterprise mattered to her family, and that her...
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