-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
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Only 15% landholders earn 91% of total national income -Richard Mahapatra
-Down to Earth Income inequality makes agrarian crisis challenging; inequality is worse among farmers than the formal economy Economists Lucas Chancel and Thomas Piketty recently concluded after a long study that inequality is at its peak in India. It is embedded in popular conscience: “Top 1 per cent of earners captured 22 per cent of total income in the country.” Their study–covering consumption, government accounts and income tax data from 1922...
More »Why farmers don't have electoral clout -Avik Saha and Yogendra Yadav
-Down to Earth Although farmers vote at least as much, if not more than industrial workers or urban Middle classes, elections are not fought around farmers' issues Elections are about numbers. Democratic politics is about stitching together a majority. So, the larger a group, the bigger is its “vote bank”, and greater is its electoral clout. A social group that constitutes a majority can therefore dictate its terms in an electoral democracy....
More »India second most unequal region in wealth distribution: report -Jitendra
-Down to Earth India’s 10 per cent rich share 55 per cent of the national income, making it the second most unequal region after the Middle East India emerged as the second most unequal region in the world after the Middle East, according to the World Inequality Report 2018. The 10 per cent of super rich population share 55 per cent of the national income of the country. In the Middle...
More »UP Civic Elections: How BJP Has Actually Lost The Battle -Subodh Varma
-Newsclick.in The ruling party has won just 18% of municipal council wards and 12% of municipal panchayat wards. Contrary to the euphoria being exhibited by the mainstream media and BJP, results of the UP civic body elections are not a one sided victory of the ruling BJP. If anything, these results coming so close to the state Assembly elections held earlier this year, show the rapid disenchantment taking place with the BJP...
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