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Is Thomas Piketty right about inequality in India? -Tadit Kundu

-Livemint.com Thomas Piketty’s estimates of inequality in India appear exaggerated on close scrutiny but the issue he raises is an important one Three years after writing a best-selling book on the growing problem of inequality in the Western world, the French economist Thomas Piketty has turned his attention to inequality in the developing world. In a recent research paper co-authored with Lucas Chancel of the Paris School of Economics, Piketty estimates that...

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Economics, not religion, drives ownership of cattle in India -Roshan Kishore and Ishan Anand

-Livemint.com For same wealth levels, chances of owning cattle are more or less the same for Hindus and Muslims Given the increasing incidents of violence under the garb of cow protection in the country—these are driven largely by the belief that Muslims engage with the cattle economy mostly for meat (as butchers, commission agents or beef eaters)—it makes sense to view the cattle economy in the country through the prism of religion. An...

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Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan

-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...

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A new economics for a better world -Simon Sweeney

-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...

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Laggard in human index

-The Telegraph New Delhi: A UN report released today has ranked India 131 out of 188 countries worldwide on human development and has cited figures suggesting that about half of India's people face deprivation in education, health and living standards. Inequality, multidimensional poverty and gender gaps appear to be factors holding back India's progress on the human development index (HDI), a measure linked to progress towards a long, healthy life, access to...

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