-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 »SEARCH RESULT
Total Matching Records found : 867
Expect a Budget for angry Bharat -TV Jayan and Rutam Vora
-The Hindu Business Line Falling farm prices, drying up of industrial jobs and lesser MGNREGA work have sharpened rural discontent. The Budget cannot ignore these factors in a year of 8 State polls The year 2017 was roiled by rural discontent. After two consecutive drought years (2014-15 and 2015-16), when agriculture growth plummeted (see table), the countryside was awash with hope after a good monsoon in 2016-17. However, record foodgrain output (272 million...
More »Why are farmers distressed across India? -Vikas Vasudeva
-The Hindu * What’s the problem? The year 2017 was marked by several farmers’ protests nationwide, with a few turning violent. Last month, in New Delhi, 184 farmer groups came together from Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab and Telangana to take part in a ‘protest walk.’ The protest once again highlighted the plight of farmers and the extent of agrarian distress. The agriculture sector is characterised by instability in incomes...
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 »Jean Dreze, development economist, interviewed by Santwana Bhattacharya (The New Indian Express)
-The New Indian Express NEW DELHI: Amid controversial reports of hunger deaths in Jharkhand due to PDS beneficiaries being turned away, economist Jean Dreze says that even official records show that a significant proportion of people are being deprived of food rations every month. In an interview with New Sunday Express, the prime mover behind the NREGA welfare scheme said “this does not mean that Aadhaar is solely responsible for the failures...
More »
