-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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Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report
-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that...
More »‘We’re being pushed into poverty’: Voices of women who took on the unicorn start-up Urban Company -Karishma Mehrotra
-Scroll.in Frustrated by rules they see as onerous, a bunch of beauticians are speaking up – and sometimes being heard. Nidhi Chander* was full of hope until five years ago. That was when she gave up her job as a beautician at a unisex salon in Pitampura, Delhi, where she was earning Rs 20,000 a month, to work with Urban Clap. She believed the home services start-up would give her the freedoms...
More »EWS: Govt panel favours retaining Rs 8 lakh income cut -Basant Kumar Mohanty
-The Telegraph 'Retain the norm that excludes families owning five acres or more of agriculture land' A panel appointed by the central government to review the income cut-off for the Economically Weaker Sections quota after the Supreme Court questioned the existing figure favours retaining it at Rs 8 lakh, sources have said. The three-member committee’s report has been submitted to the apex court, with its contents yet to be made public. The sources...
More »The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more
Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...
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