-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...

-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...

-The Times of India   Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...

-The Indian Express For several decades now, the Indian government and a variety of donor agencies have promoted and implemented "livelihoods projects". These projects depend upon women's self-help groups, or SHGs, to raise living standards - particularly of the 25 crore rural poor. In 2011, the Indian government launched the Rs 38,000 crore National Rural Livelihoods Mission (NRLM), also known as Ajeevika (reportedly now being merged with the Mahatma Gandhi National...

-The Hindu     In spite of the rosy picture painted by the World Bank, the prospect of eliminating extreme poverty remains distant In a protracted period of gloom and persistent recession with feeble signs of recovery in a large part of the developed world, the World Bank, Brookings Institution and others can be forgiven for their euphoria over the accomplishment of a key Millennium Development Goal (MDG) - of halving extreme poverty in...