- The India Cable/ TheWire.in India is now one of the most unequal countries for both income and wealth inequality — and has shown the most rapid increases in inequality. The Paris-based World Inequality Lab has become a major source of data on global inequality, based on careful aggregation of national data from a multitude of sources, of both income and wealth inequality, at national, regional and global levels. Their latest World...
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Misleading Picture of Household Wealth -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org In recent years, when the economy as a whole performed poorly, reports on how old and new businesspersons accumulated huge volumes of wealth in short timespans have been commonplace. There is also evidence that conspicuous consumption is on the rise. This has led observers to conclude that income and wealth inequality in India has increased. Hard evidence on the extent of that increase is difficult to...
More »Release funds to MGNREGA, urge economists in open letter to PM
-The Hindu Business Line The letter underlined that the MGNREGA has assumed more significance during the period of the pandemic The country’s top economists, researchers, and activists have written an open letter to Prime Minister Narendra Modi expressing their concern about the funds crunch in MGNREGA and demanding immediate release of additional funds to ensure that the programme functions as the law requires. The letter, signed by several academics and intellectuals including Jean...
More »Around 5 crore MGNREGA workers and their families will have to spend their Diwali without food & sweets due to pending wages
-Press release by Peoples' Action for Employment Guarantee dated 3rd November 2021 About 8 crore NREGA payments are pending as on November 3, 2021 according to Report 8.1.1 of the NREGA Management Information System (MIS). This means, for nearly 5 crore workers across the country this will be a Kali Diwali. Following the raging debate about NREGA funds running out with 5 months remaining, the People’s Action for Employment Guarantee (PAEG)...
More »NREGA Tracker: Nearly 90 per cent of the allocated NREGA budget for 2021-22 has been used up, with 5 months of the programme still remaining
-GaonConnection.com The half-yearly MG-NREGA National tracker launched by PAEG today highlighted that 90 per cent of the allocated budget has been used up with 5 months of the programme still remaining and the remaining funds available can cover at most 13 days of employment per household till March 31, 2022. More details here. In her opening statement at the joint press conference conducted by Peoples’ Action for Employment Guarantee (PAEG) and LibTech...
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