-The Hindu The central argument of Almåsa et al., that this is seen in countries with weak institutions, is corroborated in India G.K. Chesterton, the writer, asserted in The Flying Inn (1914): “The rich are the scum of the earth in every country”. Perhaps not all but many. Our contention is that their selfishness, criminality and corruption aggravate Inequality. Much experimental evidence corroborates this hypothesis. Some insights A particularly compelling case for ‘Selfish Rich Inequality’...
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70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text
-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...
More »Record Profits Boost Corporate Sector in Pandemic -Subodh Varma
-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...
More »Inequality worries bigger than what NFHS illustrates -Abhishek Jha
-Hindustan Times In the first of a five-part data journalism series based on National Family and Health Survey (NFHS) data, HT's data and political economy team finds that India's Inequality problem is far sharper than what is made out by the data The fifth round of the National Family and Health Survey (NFHS), conducted between June 2019 and May 2021 was among the biggest in India. It was conducted in all of...
More »What Does the Caste Wealth Gap Look Like in India? -Kaushal Shroff
-TheWire.in A recent research paper examining consumption expenditure and landholdings in Uttar Pradesh sheds new light. Mumbai: For years, researchers and academics have studied how wealth and income Inequality in India is, more often than not, split along caste lines, with upper castes cornering a larger piece of the pie. However, the measure of their enrichment and the consequent impoverishment and exclusion of Muslim Dalits and Hindu Dalits has received less attention. A...
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