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Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report

Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...

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Manual scavenging killed 19 people in Mumbai in five years, BMC records zero deaths - Aarefa Johari

- Scroll.in India prohibited manual scavenging in 1993. But it took another 20 years to expand its legal definition to include the manual cleaning of drains, sewers and septic tanks. Mumbai, with the richest municipal corporation in India, was among the worst offenders when it came to the implementation of the 2013 law. Records maintained by the Safai Karamchari Andolan, a national organisation working for the rights of sanitation workers, show 19...

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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

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Could India’s new data protection bill force journalists to reveal their sources? -Aditi Agarwal

-Newslaundry The Government of India has removed exemptions for journalistic work from data protection obligations in the fourth iteration of the Digital Personal Data Protection Bill 2022. If this iteration is passed as law a story containing personal data may result in journalists having to prove to a data protection board that their story was in the public interest, Newslaundry reported. The three previous versions - in 2018, 2019 and 2021...

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Climate change will likely exacerbate Indian rural household's debt burden

Editorial team, Carbon Copy  Ongoing shifts in rainfall and temperature caused by climate change are likely to increase the debt burden faced by rural households, particularly of marginalised groups in dry areas, an editorial in Carbon Copy magazine said. The piece cited a study in the journal Climate Change that argues that changes in climate, along with existing socio-economic differences - caste and landholding in particular — will deepen the size...

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