-NetworkIdeas.org India is often mistakenly seen as a country with relatively low economic inequality. In fact, there were always very significant economic inequalities in India, which intersected with social and locational inequalities in complex ways. More significantly, the country’s inequalities widened after the internal and external economic liberalization measures from the early 1990s, which attracted global financial investors and boosted economic growth considerably. The estimates of low inequality are usually based on...
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Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »Richest 10% of Indians own over 3/4th of Wealth in India -Manas Chakravarty
-Livemint.com While Wealth has been rising in India, not everyone has shared in this growth. There is still considerable Wealth poverty, says Credit Suisse’s India Wealth report The richest 10% of Indians own 77.4% of the country’s Wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And it’s not some bleeding-heart NGO that’s...
More »'We cannot order everyone to be vegetarian,' Supreme Court tells petitioners
-Scroll.in Two non-governmental organisations had urged the court to ban export of meat for consumption and leather. The Supreme Court on Friday rebuked petitioners who sought a ban on the export of meat for consumption and leather, asking him if everyone in the country should become vegetarian, Live Law reported. “Do you want the entire country to be full of vegetarians?” Justice Madan B Lokur asked non-governmental organisations Healthy Wealthy Ethical World and...
More »Farmers exploiting groundwater ignoring long-term consequences
-The Hindu Findings of study carried out in the Arkavathy sub-basin. Despite water crisis, farmers in villages around the Arkavathy sub-basin have been growing water intensive crops, according to a study by Ashoka Trust for Research in Ecology and the Environment (ATREE) published in the journal Irrigation and Drainage. The study, 'Adapting or Chasing Water? Crop Choice and Farmers; Responses to Water Stress in peri?urban Bangalore’, was a part of an extensive socio-hydrological...
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