-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...
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Three economic fault lines will determine India’s trajectory over the next decade -Deepanshu Mohan
-Scroll.in It is essential for policy makers to understand the crises created by widening income inequalities and Labour market ruptures. In the context of the current global macro-economic situation, there are three deep currents for the Indian government to be aware of. How it understands and responds to these challenges will shape the country’s socio-economic trajectory over the next few years. The first undercurrent: the deepening of income and wealth inequalities. Second: a...
More »With No Central Policy, Indian Domestic Workers Left at Mercy of Varied State Laws: Global Report -Soumashree Sarkar
-TheWire.in The report by the CHRI urges India to ratify the Domestic Workers Convention or 'C189' as a step towards streamlining national protections for an enormous sector that is largely left to fend for itself. New Delhi: While domestic workers across the world have suffered in the COVID-19 pandemic, the astounding lack of overarching legal or policy provisions in India to safeguard their wellbeing has meant a dire downward spiral for men...
More »India among top countries in inequality; 10% hold 57% income: Report
-Livemint.com The average national income of the Indian adult population is ₹204,200. While the bottom 50% earns ₹53,610, the top 10% earns more than 20 times ( ₹1,166,520) India has emerged as the most unequal country with the top 1% of the population holding more than one-fifth of the total national income in 2021, according to World Inequality Report 2022. The report added that that the average national income of the Indian adult...
More »Onions bring tears to Maharashtra farmer who earns just Rs 13 after selling over 1.1 ton
-PTI/ The New Indian Express Commissioner agent Rudresh Patil, who procured the onions, said he bought the onions at such a low rate mainly because of the poor quality of the produce. MUMBAI: A farmer from Solapur in Maharashtra managed to earn a meagre Rs 13 after selling 1,123 kilograms of onions, despite winter tending to spike prices of the kitchen staple, leading to a state farm leader declaring such a situation...
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