-PTI In signs of rising income inequality, India’s richest 1 per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent, a new study showed on Monday. The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires...
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Pardon, the gender wage gap is showing -G Sampath
-The Hindu ILO finds women form 60% of lowest paid wage labour, but only 15% of highest wage-earners India had among the worst levels of gender wage disparity — men earning more than women in similar jobs — with the gap exceeding 30 per cent, the Global Wage Report 2016-17 released by the International Labour Organisation (ILO) revealed last week. In contrast, Singapore had among the lowest, at 3 per cent. Among major...
More »The many shades of caste inequality in India -Roshan Kishore
-Livemint.com We don’t know enough about the socio-economic status of different caste groups, and our political class doesn’t want us to know Over the past couple of years, one Indian state after another has been on the boil because of caste-based agitations. The latest state to be engulfed in caste conflict is Maharashtra, where a stir by the dominant caste of Marathas seems to have led other backward classes (OBCs) and...
More »India at bottom of hunger pile
-The Telegraph New Delhi: An analysis of hunger levels worldwide released today has ranked India 97 among 118 countries with one in three children in the country facing stunted growth and 15 per cent of the population undernourished from lack of food. The Global Hunger Index 2016, an assessment by the International Food Policy Research Institute (IFPRI), has placed India behind Bangladesh, Nigeria and Rwanda and just ahead of North Korea in...
More »Reducing inequality essential to end extreme poverty by 2030: World Bank
-Down to Earth A new report by the World Bank finds that extreme poverty is falling globally A new World Bank study on poverty and shared prosperity says that extreme poverty continues to fall worldwide despite the lethargic state of the global economy. However, the report warns that given projected growth trends, reducing high inequality may be necessary for reaching the goal of ending extreme poverty by 2030. In 60 out of the...
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