-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...
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Three economic fault lines will determine India’s trajectory over the next decade -Deepanshu Mohan
-Scroll.in It is essential for policy makers to understand the crises created by widening income inequalities and labour market ruptures. In the context of the current global macro-economic situation, there are three deep currents for the Indian government to be aware of. How it understands and responds to these challenges will shape the country’s socio-economic trajectory over the next few years. The first undercurrent: the deepening of income and wealth inequalities. Second: a...
More »India among top countries in inequality; 10% hold 57% income: Report
-Livemint.com The average national income of the Indian adult population is ₹204,200. While the bottom 50% earns ₹53,610, the top 10% earns more than 20 times ( ₹1,166,520) India has emerged as the most unequal country with the top 1% of the population holding more than one-fifth of the total national income in 2021, according to World Inequality Report 2022. The report added that that the average national income of the Indian adult...
More »India 'poor and very unequal' with affluent elite: World Inequality Report -Indivjal Dhasmana
-Business Standard Fruits of economic reforms monopolised by the elite: World Inequality Report The top one per cent of the population in India owns more than one-fifth of the total national income in 2021 while the bottom half earns just 13.1 per cent, said the World Inequality Report. The economic reforms and liberalization adopted by India have mostly benefited the top one per cent, the latest report for 2022 said. "India stands out...
More »India Among Top Nations In Inequality, 1% Hold 22% Income: Report
-PTI/ NDTV According to the report, World Inequality Report 2022, average household wealth in India stands at ₹ 9,83,010. New Delhi: India stands out as a "poor and very unequal" country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled "World Inequality Report 2022", has been authored...
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